Price for Buttons; of Base Metal, Not Covered with Textile Material in Russia - 2022

Contents:

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

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

The average import price for buttons; of base metal, not covered with textile materials stood at $16,249 per ton in 2022, with an increase of 30% against the previous year. Over the period under review, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for buttons; of base metal, not covered with textile materials increased by +46.3% against 2018 indices. The pace of growth appeared the most rapid in 2013 an increase of 36%. The import price peaked at $17,073 per ton in 2014; however, from 2015 to 2022, 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 Turkey ($16,313 per ton), while the price for Armenia ($4,011 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.6%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for buttons; of base metal, not covered with textile materials amounted to $13,023 per ton, with a decrease of -50.8% against the previous year. Overall, the export price saw a perceptible decline. The growth pace was the most rapid in 2020 an increase of 69%. The export price peaked at $30,311 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uzbekistan ($32,717 per ton), while the average price for exports to Kazakhstan ($6,546 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 Uzbekistan (+12.7%), 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 Russia

In 2022, imports of buttons; of base metal, not covered with textile materials into Russia dropped markedly to 193 tons, reducing by -15.4% against 2021 figures. Over the period under review, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 12%.

In value terms, imports of buttons; of base metal, not covered with textile materials rose remarkably to $3.1M in 2022. The total import value increased at an average annual rate of +1.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

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

1. China (174.2 tons)
2. Turkey (12.2 tons)
3. Armenia (3.2 tons)

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

In 2022, the amount of buttons; of base metal, not covered with textile materials exported from Russia declined markedly to 560 kg, waning by -91.9% compared with the year before. Overall, exports recorded a precipitous decrease. The pace of growth appeared the most rapid in 2021 with an increase of 24%.

In value terms, exports of buttons; of base metal, not covered with textile materials fell markedly to $7.3K in 2022. In general, exports showed a dramatic decline. The pace of growth was the most pronounced in 2021 when exports increased by 53% against the previous year. As a result, the exports attained the peak of $183K, and then contracted rapidly in the following year.

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

1. Kazakhstan (293.0 kg)
2. Kyrgyzstan (108.0 kg)
3. Armenia (93.0 kg)
4. Uzbekistan (60.0 kg)

Source: IndexBox Market Intelligence Platform