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

Contents:

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

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

The average import price for buttons; of base metal, not covered with textile materials stood at $4,081 per ton in 2022, waning by -21.2% against the previous year. In general, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in 2018 when the average import price increased by 30%. Over the period under review, average import prices reached the maximum at $15,610 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Italy ($24,533 per ton), while the price for China ($2,813 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 (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for buttons; of base metal, not covered with textile materials stood at $6,585 per ton in 2022, shrinking by -28.4% against the previous year. Overall, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 an increase of 31%. The export price peaked at $11,493 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Lesotho ($14,271 per ton), while the average price for exports to Israel ($1,919 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 Angola (+19.4%), 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 South Africa

In 2022, imports of buttons; of base metal, not covered with textile materials into South Africa soared to 159 tons, growing by 24% against the previous year's figure. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +16.7% 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 +93.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 56%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of buttons; of base metal, not covered with textile materials dropped to $649K in 2022. Over the period under review, imports, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year.

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

1. China (145.0 tons)
2. Hong Kong SAR (5.9 tons)
3. Italy (5.0 tons)

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

In 2022, exports of buttons; of base metal, not covered with textile materials from South Africa soared to 20 tons, picking up by 41% on 2021 figures. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 73%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of buttons; of base metal, not covered with textile materials amounted to $135K in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 127% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

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

1. Swaziland (16.4 tons)
2. Lesotho (2.6 tons)
3. Israel (0.4 tons)
4. Angola (0.4 tons)
5. Botswana (0.4 tons)
6. Namibia (0.2 tons)

Source: IndexBox Market Intelligence Platform