Southern Asia: Market for Button Blanks & Button Moulds 2024

Market Size for Button Blanks & Button Moulds in Southern Asia

In 2022, the South Asian button blanks and moulds market decreased by X% to $X, falling for the second consecutive year after five years of growth. Overall, consumption, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the market value increased by X% against the previous year. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Button Blanks & Button Moulds in Southern Asia

In value terms, button blanks and moulds production amounted to $X in 2022 estimated in export price. In general, production continues to indicate a modest increase. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Button Blanks & Button Moulds

Exports in Southern Asia

In 2022, shipments abroad of button blanks & button moulds increased by X% to X tons, rising for the second year in a row after five years of decline. In general, exports, however, continue to indicate a noticeable decline. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, button blanks and moulds exports surged to $X in 2022. Total exports indicated a modest expansion 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, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The shipments of the one major exporters of button blanks & button moulds, namely India, represented more than two-thirds of total export.

India was also the fastest-growing in terms of the button blanks & button moulds exports, with a CAGR of X% from 2012 to 2022. While the share of India (X p.p.) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest button blanks and moulds supplier in Southern Asia.

From 2012 to 2022, the average annual rate of growth in terms of value in India totaled X%.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, jumping by X% against the previous year. Export price indicated prominent growth from 2012 to 2022: its price 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, button blanks and moulds export price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2018 an increase of X%. The level of export peaked in 2022 and is likely to continue growth in the near future.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to X% per year.

Imports of Button Blanks & Button Moulds

Imports in Southern Asia

In 2022, button blanks and moulds imports in Southern Asia contracted to X tons, with a decrease of X% on the previous year's figure. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, button blanks and moulds imports reduced to $X in 2022. Total imports indicated resilient 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, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then fell in the following year.

Imports by Country

Bangladesh represented the major importing country with an import of around X tons, which accounted for X% of total imports. It was distantly followed by India (X tons), constituting a X% share of total imports.

Bangladesh was also the fastest-growing in terms of the button blanks & button moulds imports, with a CAGR of X% from 2012 to 2022. India (X%) illustrated a downward trend over the same period. Bangladesh (X p.p.) significantly strengthened its position in terms of the total imports, while India saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Bangladesh ($X) constitutes the largest market for imported button blanks & button moulds in Southern Asia, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports.

In Bangladesh, button blanks and moulds imports expanded at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, waning by X% against the previous year. Over the period under review, the import price, however, continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bangladesh ($X per ton), while India stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (X%).

Source: IndexBox Platform