Price for Buttons; of Plastics, Not Covered with Textile Material in Japan - 2023

Contents:

  1. Price for Buttons; of Plastics, Not Covered with Textile Material in Japan (FOB) - 2023
  2. Price for Buttons; of Plastics, Not Covered with Textile Material in Japan (CIF) - 2023
  3. Exports of Buttons; of Plastics, Not Covered with Textile Material in Japan
  4. Imports of Buttons; of Plastics, Not Covered with Textile Material in Japan

Price for Buttons; of Plastics, Not Covered with Textile Material in Japan (FOB) - 2023

The average export price for buttons; of plastics, not covered with textile materials stood at $75,128 per ton in July 2023, declining by -10.7% against the previous month. Overall, export price indicated a modest increase from November 2022 to July 2023: its price increased at an average monthly rate of +1.7% over the last eight-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, export price for buttons; of plastics, not covered with textile materials increased by +82.3% against May 2023 indices. The most prominent rate of growth was recorded in June 2023 an increase of 104% m-o-m. As a result, the export price attained the peak level of $84,097 per ton, and then reduced in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Hong Kong SAR ($145K per ton), while the average price for exports to Lao People's Democratic Republic ($34,682 per ton) was amongst the lowest.

From November 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Buttons; of Plastics, Not Covered with Textile Material in Japan (CIF) - 2023

The average import price for buttons; of plastics, not covered with textile materials stood at $29,906 per ton in July 2023, waning by -21.1% against the previous month. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in December 2022 an increase of 58% against the previous month. As a result, import price reached the peak level of $50,736 per ton. From January 2023 to July 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Hong Kong SAR ($50,163 per ton), while the price for Taiwan (Chinese) ($21,578 per ton) was amongst the lowest.

From November 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (-0.1%), while the prices for the other major suppliers experienced a decline.

Exports of Buttons; of Plastics, Not Covered with Textile Material in Japan

In 2022, shipments abroad of buttons; of plastics, not covered with textile materials increased by 48% to 248 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a abrupt decline.

In value terms, exports of buttons; of plastics, not covered with textile materials expanded slightly to $18M in 2022. Overall, exports, however, continue to indicate a deep slump.

Export of Buttons; of Plastics, Not Covered with Textile Material in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10.26.66.26.2-15.3%
Vietnam6.74.84.55.0-9.3%
Myanmar4.82.61.71.7-29.2%
Indonesia2.71.31.41.6-16.0%
Hong Kong SAR0.80.81.00.94.0%
Bangladesh1.00.50.60.7-11.2%
Cambodia1.00.70.80.7-11.2%
Others1.10.70.70.7-14.0%
Total28.418.016.817.6-14.7%

Top Export Markets for Buttons; of Plastics, Not Covered with Textile Material from Japan in 2022:

  1. China (77.0 tons)
  2. Vietnam (62.7 tons)
  3. Myanmar (33.5 tons)
  4. Indonesia (30.1 tons)
  5. Hong Kong SAR (15.7 tons)
  6. Bangladesh (13.7 tons)
  7. Cambodia (6.8 tons)

Imports of Buttons; of Plastics, Not Covered with Textile Material in Japan

Imports of buttons; of plastics, not covered with textile materials into Japan rose remarkably to 48 tons in 2022, picking up by 14% against 2021. In general, imports, however, saw a abrupt shrinkage.

In value terms, imports of buttons; of plastics, not covered with textile materials rose sharply to $1.8M in 2022. Over the period under review, imports, however, recorded a perceptible slump. The pace of growth appeared the most rapid in 2021 with an increase of 15% against the previous year.

Import of Buttons; of Plastics, Not Covered with Textile Material in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,0927949301,072-0.6%
Hong Kong SAR2561582462560.0%
Taiwan (Chinese)1641321811670.6%
Vietnam51.420.957.493.622.1%
Others464278179232-20.6%
Total2,0291,3831,5941,821-3.5%

Top Suppliers of Buttons; of Plastics, Not Covered with Textile Material to Japan in 2022:

  1. China (35.0 tons)
  2. Taiwan (Chinese) (5.0 tons)
  3. Hong Kong SAR (5.0 tons)
  4. Vietnam (2.0 tons)

Source: IndexBox Market Intelligence Platform

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