Price for Buttons; of Base Metal, Not Covered with Textile Material in Azerbaijan - 2024

Contents:

  1. Price for Buttons; of Base Metal, Not Covered with Textile Material in Azerbaijan (CIF) - 2022
  2. Imports of Buttons; of Base Metal, Not Covered with Textile Material in Azerbaijan

Price for Buttons; of Base Metal, Not Covered with Textile Material in Azerbaijan (CIF) - 2022

In 2022, the average import price for buttons; of base metal, not covered with textile materials amounted to $9,211 per ton, rising by 34% against the previous year. In general, the import price, however, recorded a deep setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 63% against the previous year. Over the period under review, average import prices hit record highs at $27,600 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($9,272 per ton), while the price for China amounted to $6,264 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+5.3%), while the prices for the other major suppliers experienced a decline.

Imports of Buttons; of Base Metal, Not Covered with Textile Material in Azerbaijan

Imports of buttons; of base metal, not covered with textile materials into Azerbaijan declined notably to 14 tons in 2022, waning by -48.2% compared with the year before. Over the period under review, imports saw a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 113% against the previous year. As a result, imports attained the peak of 26 tons, and then reduced sharply in the following year.

In value terms, imports of buttons; of base metal, not covered with textile materials fell markedly to $126K in 2022. In general, imports saw a pronounced descent. The growth pace was the most rapid in 2021 when imports increased by 43%. As a result, imports reached the peak of $181K, and then fell notably in the following year.

Import of Buttons; of Base Metal, Not Covered with Textile Material in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey124116120122-0.5%
China19.57.219.62.9-47.0%
United Arab EmiratesN/AN/A40.4N/A0%
Others3.23.10.80.7-39.7%
Total147127181126-5.0%

Top Suppliers of Buttons; of Base Metal, Not Covered with Textile Material to Azerbaijan in 2022:

  1. Turkey (13.2 tons)
  2. China (0.5 tons)

Source: IndexBox Market Intelligence Platform

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