Price for Buttons; of Plastics, Not Covered with Textile Material in the UK - 2023
Contents:
- Price for Buttons; of Plastics, Not Covered with Textile Material in the UK (CIF) - 2022
- Price for Buttons; of Plastics, Not Covered with Textile Material in the UK (FOB) - 2022
- Imports of Buttons; of Plastics, Not Covered with Textile Material in the UK
- Exports of Buttons; of Plastics, Not Covered with Textile Material in the UK
Price for Buttons; of Plastics, Not Covered with Textile Material in the UK (CIF) - 2022
In 2022, the average import price for buttons; of plastics, not covered with textile materials amounted to $17,071 per ton, dropping by -19.6% against the previous year. In general, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for buttons; of plastics, not covered with textile materials increased by +79.7% against 2019 indices. The growth pace was the most rapid in 2021 an increase of 71% against the previous year. As a result, import price reached the peak level of $21,240 per ton, and then dropped sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($51,738 per ton), while the price for Russia ($5,088 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+16.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Buttons; of Plastics, Not Covered with Textile Material in the UK (FOB) - 2022
The average export price for buttons; of plastics, not covered with textile materials stood at $42,004 per ton in 2022, growing by 35% against the previous year. Overall, the export price saw a resilient increase. The growth pace was the most rapid in 2018 an increase of 78% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Georgia ($60,704 per ton), while the average price for exports to Cyprus ($10,780 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 France (+16.1%), 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 UK
In 2022, purchases abroad of buttons; of plastics, not covered with textile materials was finally on the rise to reach 228 tons after two years of decline. Overall, imports, however, saw a deep contraction.
In value terms, imports of buttons; of plastics, not covered with textile materials surged to $3.9M in 2022. Over the period under review, imports saw prominent growth. The pace of growth appeared the most rapid in 2021 when imports increased by 52% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Buttons; of Plastics, Not Covered with Textile Material in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 206 | 197 | 968 | 1,542 | 95.6% |
| China | 976 | 724 | 900 | 986 | 0.3% |
| Russia | N/A | N/A | N/A | 443 | 0% |
| Germany | 439 | 177 | 84.2 | 224 | -20.1% |
| Taiwan (Chinese) | 96.9 | 103 | 189 | 155 | 17.0% |
| Thailand | 164 | 181 | 203 | 141 | -4.9% |
| Portugal | 3.9 | 7.7 | 16.8 | 35.3 | 108.4% |
| Hong Kong SAR | 169 | 55.3 | 103 | 31.4 | -42.9% |
| Others | 753 | 275 | 156 | 328 | -24.2% |
| Total | 2,808 | 1,720 | 2,620 | 3,886 | 11.4% |
Top Suppliers of Buttons; of Plastics, Not Covered with Textile Material to the UK in 2022:
- Russia (87.0 tons)
- China (64.8 tons)
- Italy (29.8 tons)
- Germany (13.6 tons)
- Thailand (7.1 tons)
- Taiwan (Chinese) (5.0 tons)
- Portugal (5.0 tons)
- Hong Kong SAR (2.4 tons)
Exports of Buttons; of Plastics, Not Covered with Textile Material in the UK
For the third year in a row, the UK recorded decline in shipments abroad of buttons; of plastics, not covered with textile materials, which decreased by -18.2% to 21 tons in 2022. Over the period under review, exports recorded a sharp setback.
In value terms, exports of buttons; of plastics, not covered with textile materials reached $888K in 2022. Overall, exports recorded a sharp descent.
| Export of Buttons; of Plastics, Not Covered with Textile Material in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tunisia | 123 | 30.0 | 32.0 | 77.1 | -14.4% |
| Belgium | 13.6 | 40.7 | 91.6 | 64.4 | 67.9% |
| Morocco | 151 | 40.7 | 39.0 | 61.2 | -26.0% |
| France | 17.2 | 17.7 | 23.0 | 55.9 | 48.1% |
| Ireland | 65.7 | 36.1 | 40.2 | 52.9 | -7.0% |
| Hong Kong SAR | 54.7 | 129 | 133 | 52.6 | -1.3% |
| Georgia | N/A | N/A | 1.3 | 42.4 | 3161.5% |
| India | N/A | 4.4 | 1.5 | 32.8 | 173.0% |
| United States | 134 | 269 | 88.4 | 28.2 | -40.5% |
| China | N/A | N/A | 5.0 | 20.7 | 314.0% |
| Romania | 1,397 | 455 | 64.1 | 18.1 | -76.5% |
| Cyprus | 0.5 | 0.1 | 20.4 | 17.5 | 227.1% |
| Germany | 151 | 69.4 | 16.7 | 5.6 | -66.7% |
| Others | 519 | 313 | 250 | 359 | -11.6% |
| Total | 2,626 | 1,405 | 806 | 888 | -30.3% |
Top Export Markets for Buttons; of Plastics, Not Covered with Textile Material from the UK in 2022:
- Belgium (3.6 tons)
- Tunisia (2.5 tons)
- India (1.9 tons)
- Ireland (1.6 tons)
- Cyprus (1.6 tons)
- Morocco (1.3 tons)
- Hong Kong SAR (1.3 tons)
- United States (1.1 tons)
- France (0.9 tons)
- Georgia (0.7 tons)
- China (0.6 tons)
- Romania (0.5 tons)
- Germany (0.2 tons)
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