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

Contents:

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

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

The average import price for buttons; of plastics, not covered with textile materials stood at $11,014 per ton in 2022, waning by -7.3% against the previous year. Over the period under review, the import price, however, saw a strong expansion. The growth pace was the most rapid in 2021 an increase of 51% against the previous year. As a result, import price reached the peak level of $11,881 per ton, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($19,400 per ton), while the price for China ($10,792 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for buttons; of plastics, not covered with textile materials stood at $41,500 per ton in 2022, waning by -4.8% against the previous year. Over the period under review, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for buttons; of plastics, not covered with textile materials increased by +78.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 62%. Over the period under review, the average export prices hit record highs at $43,600 per ton in 2021, and then contracted slightly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($88,000 per ton), while the average price for exports to Democratic Republic of the Congo amounted to $26,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (+20.5%), while the prices for the other major destinations experienced a decline.

Imports of Buttons; of Plastics, Not Covered with Textile Material in Uganda

In 2022, overseas purchases of buttons; of plastics, not covered with textile materials decreased by -34.3% to 13 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 205% against the previous year. As a result, imports attained the peak of 20 tons, and then fell remarkably in the following year.

In value terms, imports of buttons; of plastics, not covered with textile materials fell notably to $148K in 2022. In general, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 361% against the previous year. As a result, imports reached the peak of $242K, and then dropped notably in the following year.

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

1. China (12.5 tons)
2. United Arab Emirates (0.6 tons)

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

In 2022, exports of buttons; of plastics, not covered with textile materials from Uganda contracted markedly to 4 kg, with a decrease of -20% against 2021 figures. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 67% against the previous year. As a result, the exports reached the peak of 5 kg, and then reduced notably in the following year.

In value terms, exports of buttons; of plastics, not covered with textile materials shrank dramatically to $166 in 2022. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 93%. As a result, the exports attained the peak of $218, and then contracted markedly in the following year.

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

1. Democratic Republic of the Congo (3.0 kg)
2. Rwanda (1.0 kg)

Source: IndexBox Market Intelligence Platform