Price for Buttons; of Plastics, Not Covered with Textile Material in Kenya - 2022

Contents:

  1. Price for Buttons; of Plastics, Not Covered with Textile Material in Kenya (CIF) - 2022
  2. Price for Buttons; of Plastics, Not Covered with Textile Material in Kenya (FOB) - 2022
  3. Imports of Buttons; of Plastics, Not Covered with Textile Material in Kenya
  4. Exports of Buttons; of Plastics, Not Covered with Textile Material in Kenya

Price for Buttons; of Plastics, Not Covered with Textile Material in Kenya (CIF) - 2022

In 2022, the average import price for buttons; of plastics, not covered with textile materials amounted to $16,168 per ton, growing by 195% against the previous year. Over the period under review, the import price saw resilient growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($67,023 per ton), while the price for China ($6,624 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+258.2%), 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 Kenya (FOB) - 2022

The average export price for buttons; of plastics, not covered with textile materials stood at $14,621 per ton in 2022, growing by 19% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 30%. The export price peaked at $19,116 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

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 Uganda ($24,755 per ton), while the average price for exports to Rwanda stood at $3,880 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Madagascar (+15.5%), 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 Kenya

After three years of growth, purchases abroad of buttons; of plastics, not covered with textile materials decreased by -68.8% to 90 tons in 2022. Over the period under review, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 46%. As a result, imports attained the peak of 288 tons, and then fell markedly in the following year.

In value terms, imports of buttons; of plastics, not covered with textile materials dropped to $1.5M in 2022. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 55%. As a result, imports attained the peak of $1.6M, and then shrank in the following year.

Import of Buttons; of Plastics, Not Covered with Textile Material in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States23210549145625.3%
Hong Kong SAR492173270343-11.3%
China526371400319-15.4%
India64.819110711420.7%
Taiwan (Chinese)4.95.474.796.1169.7%
Egypt28.554.584.581.541.9%
United Arab Emirates45.534.623.0N/A-28.9%
Turkey55.975.288.4N/A25.8%
Others23.612.041.443.422.5%
Total1,4741,0221,5801,452-0.5%

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

  1. China (48.2 tons)
  2. United States (16.3 tons)
  3. India (9.7 tons)
  4. Hong Kong SAR (7.8 tons)
  5. Egypt (4.9 tons)
  6. Taiwan (Chinese) (1.4 tons)

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

After two years of decline, overseas shipments of buttons; of plastics, not covered with textile materials increased by 636% to 103 kg in 2022. In general, exports recorded a slight increase. 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 surged to $1.5K in 2022. Over the period under review, exports recorded a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Buttons; of Plastics, Not Covered with Textile Material in Kenya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uganda14231.015.01,312109.8%
Rwanda5.06.03.0194238.5%
Tanzania48.017.03.0N/A-75.0%
United Arab Emirates837598126N/A-61.2%
Others15226.025.0N/A-59.4%
Total1,1846781721,5068.3%

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

  1. Uganda (53.0 kg)
  2. Rwanda (50.0 kg)

Source: IndexBox Market Intelligence Platform

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