Price for Buttons; of Plastics, Not Covered with Textile Material in Pakistan - 2023
Contents:
- Price for Buttons; of Plastics, Not Covered with Textile Material in Pakistan (CIF) - 2023
- Price for Buttons; of Plastics, Not Covered with Textile Material in Pakistan (FOB) - 2022
- Imports of Buttons; of Plastics, Not Covered with Textile Material in Pakistan
- Exports of Buttons; of Plastics, Not Covered with Textile Material in Pakistan
Price for Buttons; of Plastics, Not Covered with Textile Material in Pakistan (CIF) - 2023
The average import price for buttons; of plastics, not covered with textile materials stood at $4,693 per ton in February 2023, waning by -20.3% against the previous month. Overall, the import price, however, showed a buoyant increase. The pace of growth was the most pronounced in December 2022 when the average import price increased by 104% against the previous month. Over the period under review, average import prices reached the peak figure at $5,887 per ton in January 2023, and then declined markedly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In February 2023, the country with the highest price was Hong Kong SAR ($7,658 per ton), while the price for China amounted to $4,689 per ton.
From July 2022 to February 2023, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+14.6%).
Price for Buttons; of Plastics, Not Covered with Textile Material in Pakistan (FOB) - 2022
In 2022, the average export price for buttons; of plastics, not covered with textile materials amounted to $4,862 per ton, falling by -92.2% against the previous year. Overall, the export price saw a abrupt slump. The most prominent rate of growth was recorded in 2016 when the average export price increased by 35%. The export price peaked at $75,901 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Djibouti ($141,167 per ton), while the average price for exports to Spain amounted to $4,349 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+570.3%), 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 Pakistan
Imports of buttons; of plastics, not covered with textile materials into Pakistan reduced remarkably to 44 tons in 2022, dropping by -56% compared with the previous year. Overall, imports continue to indicate a dramatic slump. The growth pace was the most rapid in 2021 when imports increased by 37%.
In value terms, imports of buttons; of plastics, not covered with textile materials shrank dramatically to $2.9M in 2022. Over the period under review, imports faced a dramatic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 29%.
| Import of Buttons; of Plastics, Not Covered with Textile Material in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.8 | 2.9 | 3.7 | 2.8 | -28.9% |
| Hong Kong SAR | N/A | N/A | N/A | 0.1 | 0% |
| United Arab Emirates | N/A | 0.2 | 0.2 | N/A | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.9 | 3.1 | 4.0 | 2.9 | -28.4% |
Top Suppliers of Buttons; of Plastics, Not Covered with Textile Material to Pakistan in 2022:
- China (41.8 tons)
- Hong Kong SAR (1.2 tons)
- United Arab Emirates (0.6 tons)
Exports of Buttons; of Plastics, Not Covered with Textile Material in Pakistan
In 2022, approx. 1.6 tons of buttons; of plastics, not covered with textile materials were exported from Pakistan; jumping by 1,774% against 2021. Overall, exports continue to indicate significant growth. As a result, the exports attained 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 soared to $8K in 2022. In general, exports posted a resilient expansion. The growth pace was the most rapid in 2020 with an increase of 126%. As a result, the exports reached the peak of $11K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Buttons; of Plastics, Not Covered with Textile Material in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1.2 | 7.4 | 1.8 | 7.1 | 80.9% |
| United Arab Emirates | 0.5 | 0.8 | 0.9 | N/A | 34.2% |
| Myanmar | 2.7 | N/A | N/A | N/A | 0% |
| Bahrain | 0.1 | 2.7 | N/A | N/A | 2600.0% |
| Others | 0.3 | 0.1 | 2.8 | 0.9 | 44.2% |
| Total | 4.8 | 10.9 | 5.5 | 8.0 | 18.6% |
Top Export Markets for Buttons; of Plastics, Not Covered with Textile Material from Pakistan in 2022:
- Spain (1632.0 kg)
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