Price for Buttons; of Plastics, Not Covered with Textile Material in Malaysia - 2023
Contents:
- Price for Buttons; of Plastics, Not Covered with Textile Material in Malaysia (CIF) - 2022
- Price for Buttons; of Plastics, Not Covered with Textile Material in Malaysia (FOB) - 2022
- Imports of Buttons; of Plastics, Not Covered with Textile Material in Malaysia
- Exports of Buttons; of Plastics, Not Covered with Textile Material in Malaysia
Price for Buttons; of Plastics, Not Covered with Textile Material in Malaysia (CIF) - 2022
The average import price for buttons; of plastics, not covered with textile materials stood at $7,366 per ton in 2022, shrinking by -18.4% against the previous year. Over the period under review, the import price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2013 an increase of 39% against the previous year. As a result, import price attained the peak level of $40,114 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
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 Hong Kong SAR ($54,194 per ton), while the price for China ($5,394 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) (+23.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Buttons; of Plastics, Not Covered with Textile Material in Malaysia (FOB) - 2022
In 2022, the average export price for buttons; of plastics, not covered with textile materials amounted to $4,979 per ton, falling by -71.9% against the previous year. In general, the export price saw a deep reduction. The growth pace was the most rapid in 2017 when the average export price increased by 178% against the previous year. The export price peaked at $17,713 per ton in 2021, and then reduced dramatically in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($11,819 per ton), while the average price for exports to Myanmar totaled $4,883 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+39.2%), 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 Malaysia
In 2022, imports of buttons; of plastics, not covered with textile materials into Malaysia plummeted to 28 tons, waning by -35.6% on the previous year's figure. Overall, imports saw a precipitous setback.
In value terms, imports of buttons; of plastics, not covered with textile materials shrank markedly to $205K in 2022. In general, imports showed a significant contraction.
| Import of Buttons; of Plastics, Not Covered with Textile Material in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 884 | 453 | 259 | 142 | -45.6% |
| Taiwan (Chinese) | 43.6 | 121 | 83.6 | 45.2 | 1.2% |
| Hong Kong SAR | 232 | 125 | 28.4 | 8.9 | -66.3% |
| United States | 386 | 75.9 | N/A | N/A | -80.3% |
| Others | 14.8 | 8.5 | 19.0 | 8.7 | -16.2% |
| Total | 1,560 | 783 | 390 | 205 | -49.2% |
Top Suppliers of Buttons; of Plastics, Not Covered with Textile Material to Malaysia in 2022:
- China (26.4 tons)
- Taiwan (Chinese) (0.9 tons)
- Hong Kong SAR (0.2 tons)
Exports of Buttons; of Plastics, Not Covered with Textile Material in Malaysia
In 2022, overseas shipments of buttons; of plastics, not covered with textile materials decreased by -49.5% to 7.6 tons, falling for the second year in a row after two years of growth. In general, exports, however, posted notable growth. The pace of growth appeared the most rapid in 2020 when exports increased by 180%. As a result, the exports reached the peak of 20 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of buttons; of plastics, not covered with textile materials fell significantly to $38K in 2022. Overall, exports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 355% against the previous year.
| Export of Buttons; of Plastics, Not Covered with Textile Material in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 23.0 | 7.3 | 5.0 | 36.6 | 16.7% |
| Vietnam | 21.5 | 163 | 18.3 | 1.2 | -61.8% |
| Hong Kong SAR | N/A | 14.6 | N/A | N/A | 0% |
| Thailand | N/A | 29.6 | N/A | N/A | 0% |
| Germany | N/A | N/A | 239 | N/A | 0% |
| Cambodia | 7.8 | 10.8 | N/A | N/A | 38.5% |
| India | N/A | N/A | 2.7 | N/A | 0% |
| Others | N/A | 12.4 | 1.6 | N/A | -87.1% |
| Total | 52.3 | 238 | 267 | 37.9 | -10.2% |
Top Export Markets for Buttons; of Plastics, Not Covered with Textile Material from Malaysia in 2022:
- Myanmar (7.5 tons)
- Vietnam (0.1 tons)
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