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

Contents:

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

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

In 2022, the average import price for buttons; of plastics, not covered with textile materials amounted to $1,812 per ton, with a decrease of -41% against the previous year. Over the period under review, the import price recorded a deep reduction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 30% against the previous year. The import price peaked at $4,226 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 China ($3,152 per ton), while the price for the United Arab Emirates stood at $1,295 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-4.9%).

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

In 2022, the average export price for buttons; of plastics, not covered with textile materials amounted to $2,540 per ton, with an increase of 552% against the previous year. In general, the export price showed a relatively flat trend pattern. The export price peaked at $2,914 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($2,600 per ton), while the average price for exports to Qatar totaled $2,400 per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+66.7%), 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 Oman

In 2022, overseas purchases of buttons; of plastics, not covered with textile materials increased by 195% to 23 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a sharp setback.

In value terms, imports of buttons; of plastics, not covered with textile materials surged to $41K in 2022. In general, imports, however, faced a sharp shrinkage.

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

1. United Arab Emirates (21.5 tons)
2. China (0.9 tons)

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

In 2022, after two years of decline, there was significant decline in overseas shipments of buttons; of plastics, not covered with textile materials, when their volume decreased by -99.8% to 50 kg. Overall, exports showed a sharp shrinkage.

In value terms, exports of buttons; of plastics, not covered with textile materials dropped sharply to $127 in 2022. In general, exports recorded a sharp decrease.

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

1. United Arab Emirates (35.0 kg)
2. Qatar (15.0 kg)

Source: IndexBox Market Intelligence Platform