Eastern Europe: Market for Button Blanks & Button Moulds 2024

Market Size for Button Blanks & Button Moulds in Eastern Europe

The East European button blanks and moulds market rose notably to $X in 2022, increasing by X% against the previous year. The total consumption indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Button Blanks & Button Moulds in Eastern Europe

In value terms, button blanks and moulds production expanded significantly to $X in 2022 estimated in export price. The total production indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Exports of Button Blanks & Button Moulds

Exports in Eastern Europe

Button blanks and moulds exports fell markedly to X tons in 2022, dropping by X% on 2021 figures. Over the period under review, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, button blanks and moulds exports reduced sharply to $X in 2022. Overall, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Belarus represented the key exporting country with an export of around X tons, which recorded X% of total exports. It was distantly followed by Estonia (X tons) and Poland (X tons), together achieving a X% share of total exports. The Czech Republic (X tons), Lithuania (X tons) and Latvia (X tons) followed a long way behind the leaders.

Exports from Belarus increased at an average annual rate of X% from 2012 to 2022. At the same time, Estonia (X%), Lithuania (X%) and Latvia (X%) displayed positive paces of growth. Moreover, Estonia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Poland (X%) and the Czech Republic (X%) illustrated a downward trend over the same period. While the share of Belarus (X p.p.), Estonia (X p.p.), Poland (X p.p.), Lithuania (X p.p.) and Latvia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the Czech Republic (X p.p.) displayed negative dynamics.

In value terms, the largest button blanks and moulds supplying countries in Eastern Europe were Poland ($X), Estonia ($X) and Belarus ($X), together comprising X% of total exports.

Estonia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, declining by X% against the previous year. Over the period under review, the export price saw a pronounced decrease. The pace of growth was the most pronounced in 2021 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton, and then shrank sharply in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Latvia ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Button Blanks & Button Moulds

Imports in Eastern Europe

In 2022, overseas purchases of button blanks & button moulds decreased by X% to X tons, falling for the fifth year in a row after two years of growth. Overall, imports, however, posted a slight increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, button blanks and moulds imports fell remarkably to $X in 2022. Over the period under review, imports continue to indicate a deep downturn. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Russia (X tons) and Romania (X tons) were the main importers of button blanks & button moulds in 2022, finishing at approx. X% and X% of total imports, respectively. Belarus (X tons) took the next position in the ranking, followed by Lithuania (X tons). All these countries together took near X% share of total imports. The following importers - Bulgaria (X tons), Poland (X tons) and Estonia (X tons) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Estonia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest button blanks and moulds importing markets in Eastern Europe were Romania ($X), Russia ($X) and Belarus ($X), together accounting for X% of total imports. Lithuania, Poland, Bulgaria and Estonia lagged somewhat behind, together comprising a further X%.

Lithuania, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the import price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2013 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Lithuania ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform