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

Contents:

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

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

In 2022, the average import price for buttons; of plastics, not covered with textile materials amounted to $5,500 per ton, dropping by -16.7% against the previous year. Overall, the import price faced a abrupt slump. The growth pace was the most rapid in 2015 an increase of 27%. Over the period under review, average import prices reached the peak figure at $29,807 per ton in 2012; however, from 2013 to 2022, import prices stood 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 the United Arab Emirates ($9,714 per ton), while the price for China ($5,094 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+10.9%), while the prices for the other major suppliers experienced a decline.

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

The average export price for buttons; of plastics, not covered with textile materials stood at $366 per ton in 2022, waning by -99.2% against the previous year. Overall, the export price continues to indicate a dramatic decline. The most prominent rate of growth was recorded in 2015 when the average export price increased by 717% against the previous year. As a result, the export price attained the peak level of $152,455 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Burundi ($90,750 per ton), while the average price for exports to Kenya stood at $149 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+65.7%), 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 Tanzania

For the fourth year in a row, Tanzania recorded growth in supplies from abroad of buttons; of plastics, not covered with textile materials, which increased by 53% to 127 tons in 2022. Overall, imports posted significant growth. The growth pace was the most rapid in 2021 when imports increased by 155%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of buttons; of plastics, not covered with textile materials skyrocketed to $700K in 2022. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 54% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Buttons; of Plastics, Not Covered with Textile Material in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China29722944363829.0%
Italy8.117.322.5N/A66.7%
Others61.911184.262.40.3%
Total36735855070024.0%

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

  1. China (125.2 tons)

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

In 2022, the amount of buttons; of plastics, not covered with textile materials exported from Tanzania skyrocketed to 1.7 tons, picking up by 4,287% compared with the year before. In general, exports showed a significant expansion. 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 fell significantly to $610 in 2022. Over the period under review, exports, however, continue to indicate a precipitous decline. The most prominent rate of growth was recorded in 2020 when exports increased by 21%. As a result, the exports reached the peak of $3K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Buttons; of Plastics, Not Covered with Textile Material in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KenyaN/AN/AN/A0.20%
ComorosN/AN/A1.0N/A0%
ChinaN/A2.90.6N/A-79.3%
Others2.5N/A0.20.4-45.7%
Total2.53.01.80.6-37.9%

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

  1. Kenya (1663.0 kg)

Source: IndexBox Market Intelligence Platform

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