Price for Buttons; of Plastics, Not Covered with Textile Material in the Dominican Republic - 2023

Contents:

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

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

The average import price for buttons; of plastics, not covered with textile materials stood at $19,668 per ton in 2022, declining by -24.6% against the previous year. In general, the import price continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2021 when the average import price increased by 32% against the previous year. Over the period under review, average import prices attained the peak figure at $48,935 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 Hong Kong SAR ($53,072 per ton), while the price for China ($13,396 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 (+0.8%), while the prices for the other major suppliers experienced a decline.

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

The average export price for buttons; of plastics, not covered with textile materials stood at $29,166 per ton in 2022, rising by 53% against the previous year. Overall, the export price saw strong growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 184%. The export price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Haiti ($31,289 per ton), while the average price for exports to the United States ($17,178 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cuba (+30.9%), 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 the Dominican Republic

After two years of decline, overseas purchases of buttons; of plastics, not covered with textile materials increased by 77% to 76 tons in 2022. Overall, imports, however, continue to indicate a abrupt shrinkage.

In value terms, imports of buttons; of plastics, not covered with textile materials surged to $1.5M in 2022. Over the period under review, imports, however, continue to indicate a deep setback.

Import of Buttons; of Plastics, Not Covered with Textile Material in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China704358254508-10.3%
United States620868650401-13.5%
South Korea32332.541.73724.8%
Colombia80.92.519.497.66.5%
Germany11612.721.25.7-63.4%
Others20346.2137118-16.5%
Total2,0471,3201,1231,502-9.8%

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

  1. China (37.9 tons)
  2. United States (23.3 tons)
  3. South Korea (8.1 tons)
  4. Colombia (4.1 tons)
  5. Germany (0.3 tons)

Exports of Buttons; of Plastics, Not Covered with Textile Material in the Dominican Republic

In 2022, shipments abroad of buttons; of plastics, not covered with textile materials decreased by -77.2% to 2 tons, falling for the second year in a row after two years of growth. In general, exports faced a sharp slump. The growth pace was the most rapid in 2020 with an increase of 501%. As a result, the exports attained the peak of 46 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 shrank markedly to $58K in 2022. Overall, exports recorded a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 190% against the previous year. As a result, the exports reached the peak of $310K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Buttons; of Plastics, Not Covered with Textile Material in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Haiti60.430316251.6-5.1%
United States46.34.40.64.0-55.8%
CubaN/AN/AN/A2.60%
OthersN/A2.34.0N/A73.9%
Total10731016758.1-18.4%

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

  1. Haiti (1649.0 kg)
  2. United States (230.0 kg)
  3. Cuba (113.0 kg)

Source: IndexBox Market Intelligence Platform

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