Price for Buttons; of Plastics, Not Covered with Textile Material in Mexico - 2023
Contents:
- Price for Buttons; of Plastics, Not Covered with Textile Material in Mexico (CIF) - 2023
- Price for Buttons; of Plastics, Not Covered with Textile Material in Mexico (FOB) - 2022
- Imports of Buttons; of Plastics, Not Covered with Textile Material in Mexico
- Exports of Buttons; of Plastics, Not Covered with Textile Material in Mexico
Price for Buttons; of Plastics, Not Covered with Textile Material in Mexico (CIF) - 2023
The average import price for buttons; of plastics, not covered with textile materials stood at $6,323 per ton in June 2023, jumping by 64% against the previous month. Over the period under review, the import price enjoyed a resilient expansion. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 139% against the previous month. As a result, import price reached the peak level of $8,345 per ton. From March 2023 to June 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($37,952 per ton), while the price for China ($2,999 per ton) was amongst the lowest.
From November 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+24.3%), 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 Mexico (FOB) - 2022
In 2022, the average export price for buttons; of plastics, not covered with textile materials amounted to $16,413 per ton, picking up by 52% against the previous year. Overall, the export price enjoyed perceptible growth. The growth pace was the most rapid in 2015 when the average export price increased by 117%. Over the period under review, the average export prices hit record highs at $75,854 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Honduras ($35,916 per ton), while the average price for exports to the United States amounted to $12,441 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+29.5%), 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 Mexico
In 2022, imports of buttons; of plastics, not covered with textile materials into Mexico soared to 693 tons, growing by 202% against the previous year. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of buttons; of plastics, not covered with textile materials stood at $4.2M in 2022. Over the period under review, imports, however, showed a abrupt shrinkage.
| Import of Buttons; of Plastics, Not Covered with Textile Material in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.7 | 1.5 | 1.9 | 1.8 | -12.6% |
| China | 2.3 | 1.2 | 1.4 | 1.8 | -7.8% |
| Taiwan (Chinese) | 0.6 | 0.2 | 0.3 | 0.4 | -12.6% |
| Others | 0.8 | 0.6 | 0.2 | 0.1 | -50.0% |
| Total | 6.4 | 3.5 | 3.8 | 4.2 | -13.1% |
Top Suppliers of Buttons; of Plastics, Not Covered with Textile Material to Mexico in 2022:
- China (518.5 tons)
- United States (143.3 tons)
- Taiwan (Chinese) (28.8 tons)
Exports of Buttons; of Plastics, Not Covered with Textile Material in Mexico
In 2022, after three years of growth, there was significant decline in overseas shipments of buttons; of plastics, not covered with textile materials, when their volume decreased by -23.2% to 1.1 tons. The total export volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 24%.
In value terms, exports of buttons; of plastics, not covered with textile materials soared to $19K in 2022. In general, exports saw a dramatic decrease.
| Export of Buttons; of Plastics, Not Covered with Textile Material in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 69.3 | 31.6 | 15.4 | 11.7 | -44.7% |
| Honduras | N/A | 12.0 | N/A | 6.9 | -24.2% |
| Costa Rica | N/A | 15.0 | N/A | N/A | 0% |
| Others | 2.5 | 1.8 | 0.4 | N/A | -60.0% |
| Total | 71.8 | 60.4 | 15.9 | 18.5 | -36.4% |
Top Export Markets for Buttons; of Plastics, Not Covered with Textile Material from Mexico in 2022:
- United States (938.0 kg)
- Honduras (191.0 kg)
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