Price for Buttons; of Plastics, Not Covered with Textile Material in Ethiopia - 2022
Contents:
- Price for Buttons; of Plastics, Not Covered with Textile Material in Ethiopia (CIF) - 2022
- Price for Buttons; of Plastics, Not Covered with Textile Material in Ethiopia (FOB) - 2022
- Imports of Buttons; of Plastics, Not Covered with Textile Material in Ethiopia
- Exports of Buttons; of Plastics, Not Covered with Textile Material in Ethiopia
Price for Buttons; of Plastics, Not Covered with Textile Material in Ethiopia (CIF) - 2022
The average import price for buttons; of plastics, not covered with textile materials stood at $2,703 per ton in 2022, waning by -67.9% against the previous year. Over the period under review, the import price showed a abrupt descent. The most prominent rate of growth was recorded in 2016 an increase of 48%. Over the period under review, average import prices reached the maximum at $9,167 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($10,916 per ton), while the price for Turkey ($2,183 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+2.8%), while the prices for the other major suppliers experienced a decline.
Price for Buttons; of Plastics, Not Covered with Textile Material in Ethiopia (FOB) - 2022
In 2022, the average export price for buttons; of plastics, not covered with textile materials amounted to $13,058 per ton, with a decrease of -38.7% against the previous year. In general, the export price, however, saw a modest increase. The most prominent rate of growth was recorded in 2019 an increase of 73%. The export price peaked at $55,366 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2013 to 2022, the rate of growth in terms of prices for Madagascar amounted to -2.4% per year.
Imports of Buttons; of Plastics, Not Covered with Textile Material in Ethiopia
In 2022, approx. 91 tons of buttons; of plastics, not covered with textile materials were imported into Ethiopia; which is down by -56.6% on the previous year. Over the period under review, imports saw a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year.
In value terms, imports of buttons; of plastics, not covered with textile materials dropped markedly to $246K in 2022. In general, imports showed a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 34%. As a result, imports reached the peak of $1.8M, and then dropped significantly in the following year.
| Import of Buttons; of Plastics, Not Covered with Textile Material in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 995 | 183 | 351 | 242 | -37.6% |
| India | 428 | 16.8 | 3.3 | 1.8 | -83.9% |
| Turkey | 37.5 | 7.7 | 7.7 | 1.7 | -64.3% |
| Hong Kong SAR | N/A | 901 | 1,149 | N/A | 27.5% |
| Greece | N/A | 73.7 | N/A | N/A | 0% |
| Taiwan (Chinese) | 172 | 54.6 | 83.9 | N/A | -30.2% |
| Italy | 20.4 | 7.7 | 14.2 | N/A | -16.6% |
| Others | 104 | 72.9 | 155 | 0.5 | -83.1% |
| Total | 1,758 | 1,317 | 1,764 | 246 | -48.1% |
Top Suppliers of Buttons; of Plastics, Not Covered with Textile Material to Ethiopia in 2022:
- China (89.9 tons)
- Turkey (0.8 tons)
- India (0.2 tons)
Exports of Buttons; of Plastics, Not Covered with Textile Material in Ethiopia
For the fourth year in a row, Ethiopia recorded growth in overseas shipments of buttons; of plastics, not covered with textile materials, which increased by 26% to 103 kg in 2022. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 645% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, exports of buttons; of plastics, not covered with textile materials dropped markedly to $1.3K in 2022. In general, exports enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 307%. As a result, the exports reached the peak of $1.7K, and then reduced sharply in the following year.
| Export of Buttons; of Plastics, Not Covered with Textile Material in Ethiopia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 1,345 | 0% |
| Hong Kong SAR | N/A | N/A | 910 | N/A | 0% |
| Nigeria | N/A | 429 | N/A | N/A | 0% |
| China | N/A | N/A | 768 | N/A | 0% |
| Madagascar | 378 | N/A | 36.0 | N/A | -69.1% |
| Others | N/A | N/A | 34.0 | N/A | 0% |
| Total | 378 | 429 | 1,748 | 1,345 | 52.7% |
Top Export Markets for Buttons; of Plastics, Not Covered with Textile Material from Ethiopia in 2022:
- United States (103.0 kg)
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