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

Contents:

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

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

In 2022, the average import price for buttons; of base metal, not covered with textile materials amounted to $31,612 per ton, dropping by -8.2% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 51%. As a result, import price reached the peak level of $44,954 per ton. From 2020 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($179,846 per ton), while the price for the United States ($13,956 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+23.9%), 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 Finland (FOB) - 2022

The average export price for buttons; of base metal, not covered with textile materials stood at $46,695 per ton in 2022, jumping by 18% against the previous year. Over the period under review, the export price, however, recorded a abrupt shrinkage. Over the period under review, the average export prices hit record highs at $150,826 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($452,000 per ton), while the average price for exports to Latvia ($40,550 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 Canada (+20.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the fourth year in a row, Finland recorded growth in supplies from abroad of buttons; of base metal, not covered with textile materials, which increased by 32% to 2.7 tons in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +21.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.9% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of buttons; of base metal, not covered with textile materials soared to $86K in 2022. The total import value increased at an average annual rate of +8.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in years to come.

Import of Buttons; of Base Metal, Not Covered with Textile Material in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China31.522.844.628.8-2.9%
United States0.96.62.311.2131.7%
Sweden13.20.4N/A10.6-7.1%
DenmarkN/A0.3N/A9.9474.5%
Germany2.25.25.28.657.5%
Estonia1.911.69.88.363.5%
Italy11.75.73.03.8-31.3%
Others7.06.46.65.2-9.4%
Total68.359.071.586.58.2%

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

  1. China (1014.0 kg)
  2. United States (804.0 kg)
  3. Sweden (389.0 kg)
  4. Denmark (193.0 kg)
  5. Germany (109.0 kg)
  6. Italy (97.0 kg)
  7. Estonia (54.0 kg)

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

In 2022, shipments abroad of buttons; of base metal, not covered with textile materials decreased by -15.5% to 993 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 13%. As a result, the exports reached the peak of 1.2 tons, and then reduced notably in the following year.

In value terms, exports of buttons; of base metal, not covered with textile materials dropped slightly to $46K in 2022. Overall, exports continue to indicate a pronounced slump. The most prominent rate of growth was recorded in 2021 with an increase of 20%.

Export of Buttons; of Base Metal, Not Covered with Textile Material in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia31.219.519.520.4-13.2%
Latvia8.97.28.318.026.5%
Hungary4.48.814.63.3-9.1%
CanadaN/A0.4N/A2.1129.1%
Russia3.4N/A1.0N/A-45.8%
Others3.03.03.12.6-4.7%
Total51.038.946.646.4-3.1%

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

  1. Latvia (444.0 kg)
  2. Estonia (408.0 kg)
  3. Hungary (73.0 kg)
  4. Canada (43.0 kg)

Source: IndexBox Market Intelligence Platform

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