Price for Buttons; of Base Metal, Not Covered with Textile Material in the United States - 2024
Contents:
- Price for Buttons; of Base Metal, Not Covered with Textile Material in the United States (CIF) - 2024
- Price for Buttons; of Base Metal, Not Covered with Textile Material in the United States (FOB) - 2022
- Imports of Buttons; of Base Metal, Not Covered with Textile Material in the United States
- Exports of Buttons; of Base Metal, Not Covered with Textile Material in the United States
Price for Buttons; of Base Metal, Not Covered with Textile Material in the United States (CIF) - 2024
In September 2023, the average import price for buttons; of base metal, not covered with textile materials amounted to $116K per ton, with an increase of 59% against the previous month. Overall, the import price posted a significant expansion. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 1,140% month-to-month. As a result, import price attained the peak level of $336K per ton. From May 2023 to September 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($533K per ton), while the price for India ($11,908 per ton) was amongst the lowest.
From February 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+119.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Buttons; of Base Metal, Not Covered with Textile Material in the United States (FOB) - 2022
The average export price for buttons; of base metal, not covered with textile materials stood at $21,037 per ton in 2022, which is down by -14.5% against the previous year. In general, the export price showed a deep slump. The most prominent rate of growth was recorded in 2018 an increase of 22%. As a result, the export price attained the peak level of $45,292 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($42,264 per ton), while the average price for exports to Mexico ($13,687 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+0.6%), while the prices for the other major destinations experienced a decline.
Imports of Buttons; of Base Metal, Not Covered with Textile Material in the United States
In 2022, the amount of buttons; of base metal, not covered with textile materials imported into the United States surged to 214 tons, growing by 37% compared with the year before. In general, imports showed a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 54%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of buttons; of base metal, not covered with textile materials skyrocketed to $6.7M in 2022. Over the period under review, total imports indicated a measured expansion from 2019 to 2022: its value increased at an average annual rate of +4.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +101.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 45%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Import of Buttons; of Base Metal, Not Covered with Textile Material in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.3 | 1.9 | 2.6 | 4.3 | 9.2% |
| Mexico | 1.2 | 0.6 | 0.9 | 1.0 | -5.9% |
| Italy | 1.0 | 0.6 | 0.9 | 0.8 | -7.2% |
| Taiwan (Chinese) | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Others | 0.3 | 0.2 | 0.3 | 0.5 | 18.6% |
| Total | 5.9 | 3.3 | 4.9 | 6.7 | 4.3% |
Top Suppliers of Buttons; of Base Metal, Not Covered with Textile Material to the United States in 2022:
- China (111.7 tons)
- Mexico (64.6 tons)
- Italy (17.8 tons)
- Taiwan (Chinese) (6.0 tons)
Exports of Buttons; of Base Metal, Not Covered with Textile Material in the United States
Exports of buttons; of base metal, not covered with textile materials from the United States soared to 280 tons in 2022, growing by 19% on the previous year's figure. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +18.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 38%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of buttons; of base metal, not covered with textile materials expanded to $5.9M in 2022. In general, exports, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 13% against the previous year.
| Export of Buttons; of Base Metal, Not Covered with Textile Material in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 1,644 | 1,758 | 2,241 | 1,936 | 5.6% |
| Canada | 604 | 277 | 263 | 519 | -4.9% |
| Dominican Republic | 422 | 243 | 656 | 497 | 5.6% |
| Nicaragua | 300 | 212 | 226 | 393 | 9.4% |
| Colombia | 410 | 142 | 368 | 352 | -5.0% |
| Germany | 351 | 255 | 165 | 269 | -8.5% |
| France | 310 | 216 | 127 | 240 | -8.2% |
| Japan | 916 | 647 | 310 | 210 | -38.8% |
| United Kingdom | 231 | 122 | 86.0 | 207 | -3.6% |
| El Salvador | 34.7 | 19.2 | 58.6 | 143 | 60.3% |
| Italy | 244 | 85.2 | 72.4 | 132 | -18.5% |
| Denmark | 57.9 | 65.5 | 26.8 | 111 | 24.2% |
| Hong Kong SAR | 266 | 287 | 223 | 82.3 | -32.4% |
| Others | 1,650 | 827 | 980 | 801 | -21.4% |
| Total | 7,441 | 5,157 | 5,802 | 5,892 | -7.5% |
Top Export Markets for Buttons; of Base Metal, Not Covered with Textile Material from the United States in 2022:
- Mexico (141.4 tons)
- Nicaragua (16.3 tons)
- Dominican Republic (15.7 tons)
- Canada (15.4 tons)
- Colombia (12.0 tons)
- Germany (10.1 tons)
- United Kingdom (9.4 tons)
- Japan (8.3 tons)
- France (7.6 tons)
- El Salvador (5.5 tons)
- Denmark (5.2 tons)
- Italy (4.5 tons)
- Hong Kong SAR (1.9 tons)
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