Price for Buttons; of Base Metal, Not Covered with Textile Material in Denmark - 2023

Contents:

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

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

The average import price for buttons; of base metal, not covered with textile materials stood at $22,122 per ton in 2022, reducing by -27.4% against the previous year. Over the period under review, the import price recorded a perceptible decrease. The most prominent rate of growth was recorded in 2021 an increase of 29%. Over the period under review, average import prices hit record highs at $37,192 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($77,175 per ton), while the price for the United States ($11,420 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for buttons; of base metal, not covered with textile materials amounted to $28,026 per ton, with a decrease of -7.9% against the previous year. In general, the export price recorded a drastic downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by 11%. Over the period under review, the average export prices attained the maximum at $47,651 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($80,834 per ton), while the average price for exports to Germany ($9,465 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 Portugal (+2.0%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of buttons; of base metal, not covered with textile materials imported into Denmark surged to 18 tons, increasing by 19% against the previous year. Overall, imports, however, saw a deep downturn.

In value terms, imports of buttons; of base metal, not covered with textile materials declined to $395K in 2022. In general, imports, however, showed a abrupt downturn. The smallest decline of -13.2% was in 2021.

Import of Buttons; of Base Metal, Not Covered with Textile Material in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR27.419.15.214775.1%
United States69.386.137.510314.1%
China11354.063.662.0-18.1%
Germany7.498.522.535.268.2%
Italy99.363.511523.9-37.8%
Turkey14.91.08.59.2-14.8%
Sweden23732.17.25.1-72.2%
Poland7.31421710.7-54.2%
Others47.932.328.89.1-42.5%
Total624528459395-14.1%

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

  1. United States (9.0 tons)
  2. China (4.7 tons)
  3. Hong Kong SAR (2.5 tons)
  4. Italy (0.6 tons)
  5. Germany (0.5 tons)
  6. Turkey (0.3 tons)
  7. Sweden (0.1 tons)

Exports of Buttons; of Base Metal, Not Covered with Textile Material in Denmark

In 2022, overseas shipments of buttons; of base metal, not covered with textile materials decreased by -26.8% to 8.6 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, continue to indicate strong growth. The pace of growth was the most pronounced in 2021 when exports increased by 60% against the previous year. As a result, the exports reached the peak of 12 tons, and then reduced dramatically in the following year.

In value terms, exports of buttons; of base metal, not covered with textile materials reduced remarkably to $240K in 2022. Over the period under review, exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 43% against the previous year.

Export of Buttons; of Base Metal, Not Covered with Textile Material in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar22.014.65.065.143.6%
Norway22.474.860.644.025.2%
Vietnam15.240.517326.820.8%
Estonia7.610.011.820.238.5%
Sweden15.019.119.317.65.5%
Latvia19.531.69.010.8-17.9%
Portugal23.321.434.49.1-26.9%
Germany11.110.18.47.2-13.4%
Netherlands0.40.7N/A5.7142.4%
Finland0.70.50.14.585.9%
IcelandN/A1.9N/A4.350.4%
Czech RepublicN/AN/AN/A3.10%
Belgium0.3N/AN/A2.4100.0%
Others38.827.134.819.2-20.9%
Total17625235624010.9%

Top Export Markets for Buttons; of Base Metal, Not Covered with Textile Material from Denmark in 2022:

  1. Sweden (1545.0 kg)
  2. Vietnam (1021.0 kg)
  3. Norway (980.0 kg)
  4. Qatar (805.0 kg)
  5. Germany (759.0 kg)
  6. Estonia (658.0 kg)
  7. Latvia (365.0 kg)
  8. Netherlands (318.0 kg)
  9. Czech Republic (288.0 kg)
  10. Finland (255.0 kg)
  11. Portugal (239.0 kg)
  12. Belgium (231.0 kg)
  13. Iceland (229.0 kg)

Source: IndexBox Market Intelligence Platform

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