Price for Buttons; of Plastics, Not Covered with Textile Material in Bangladesh - 2022
Contents:
- Price for Buttons; of Plastics, Not Covered with Textile Material in Bangladesh (CIF) - 2022
- Price for Buttons; of Plastics, Not Covered with Textile Material in Bangladesh (FOB) - 2022
- Imports of Buttons; of Plastics, Not Covered with Textile Material in Bangladesh
- Exports of Buttons; of Plastics, Not Covered with Textile Material in Bangladesh
Price for Buttons; of Plastics, Not Covered with Textile Material in Bangladesh (CIF) - 2022
In 2022, the average import price for buttons; of plastics, not covered with textile materials amounted to $17,313 per ton, with a decrease of -1.8% against the previous year. Over the period under review, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for buttons; of plastics, not covered with textile materials increased by +60.5% against 2017 indices. The growth pace was the most rapid in 2018 when the average import price increased by 42% against the previous year. Over the period under review, average import prices attained the peak figure at $17,634 per ton in 2021, and then dropped in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($27,355 per ton), while the price for China ($13,395 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Buttons; of Plastics, Not Covered with Textile Material in Bangladesh (FOB) - 2022
In 2022, the average export price for buttons; of plastics, not covered with textile materials amounted to $16,823 per ton, dropping by -39% against the previous year. Over the period under review, the export price continues to indicate a noticeable slump. The pace of growth was the most pronounced in 2014 an increase of 36%. Over the period under review, the average export prices reached the peak figure at $28,078 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($46,558 per ton), while the average price for exports to Nepal ($3,944 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 Kenya (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Buttons; of Plastics, Not Covered with Textile Material in Bangladesh
In 2022, the amount of buttons; of plastics, not covered with textile materials imported into Bangladesh shrank to 1.9K tons, dropping by -8.3% compared with the previous year's figure. In general, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year.
In value terms, imports of buttons; of plastics, not covered with textile materials reduced to $33M in 2022. Overall, imports saw a perceptible slump. The growth pace was the most rapid in 2021 when imports increased by 25% against the previous year.
| Import of Buttons; of Plastics, Not Covered with Textile Material in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.1 | 10.1 | 14.9 | 15.5 | 8.6% |
| Hong Kong SAR | 17.7 | 13.2 | 14.5 | 11.3 | -13.9% |
| India | 2.7 | 1.9 | 2.4 | 2.4 | -3.9% |
| South Korea | 3.1 | 2.6 | 2.4 | 1.4 | -23.3% |
| Others | 2.6 | 1.5 | 2.2 | 2.2 | -5.4% |
| Total | 38.2 | 29.2 | 36.5 | 32.8 | -5.0% |
Top Suppliers of Buttons; of Plastics, Not Covered with Textile Material to Bangladesh in 2022:
- China (1153.7 tons)
- Hong Kong SAR (555.8 tons)
- India (87.3 tons)
- South Korea (55.5 tons)
Exports of Buttons; of Plastics, Not Covered with Textile Material in Bangladesh
In 2022, shipments abroad of buttons; of plastics, not covered with textile materials was finally on the rise to reach 10 tons for the first time since 2019, thus ending a two-year declining trend. In general, total exports indicated notable growth from 2019 to 2022: its volume increased at an average annual rate of +4.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of buttons; of plastics, not covered with textile materials amounted to $169K in 2022. Over the period under review, exports, however, saw a perceptible curtailment.
| Export of Buttons; of Plastics, Not Covered with Textile Material in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | N/A | N/A | N/A | 66.4 | 0% |
| Vietnam | 21.0 | 39.1 | 38.7 | 28.1 | 10.2% |
| India | 7.2 | 15.5 | 36.4 | 20.4 | 41.5% |
| Kenya | 5.5 | 6.5 | 17.4 | 10.4 | 23.7% |
| Sri Lanka | 34.8 | 11.3 | 13.6 | 6.6 | -42.5% |
| Indonesia | 2.7 | 1.5 | 9.0 | 6.2 | 31.9% |
| Germany | 21.2 | 14.8 | 8.1 | 6.1 | -34.0% |
| Madagascar | 11.5 | 4.6 | 4.3 | 5.8 | -20.4% |
| Hong Kong SAR | 26.2 | 48.3 | 18.1 | 2.5 | -54.3% |
| Nepal | 1.2 | 1.5 | 0.5 | 2.2 | 22.4% |
| Myanmar | 9.4 | 4.1 | 2.2 | 0.6 | -60.0% |
| Others | 41.4 | 26.2 | 16.6 | 13.7 | -30.8% |
| Total | 182 | 173 | 165 | 169 | -2.4% |
Top Export Markets for Buttons; of Plastics, Not Covered with Textile Material from Bangladesh in 2022:
- Philippines (6141.0 kg)
- Kenya (791.0 kg)
- India (636.0 kg)
- Vietnam (604.0 kg)
- Nepal (551.0 kg)
- Sri Lanka (223.0 kg)
- Madagascar (185.0 kg)
- Indonesia (164.0 kg)
- Germany (159.0 kg)
- Hong Kong SAR (64.0 kg)
- Myanmar (60.0 kg)
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