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

Contents:

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

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

The average import price for buttons; of base metal, not covered with textile materials stood at $40,250 per ton in 2022, with a decrease of -4.2% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 25%. As a result, import price reached the peak level of $51,958 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($40,275 per ton) and Germany ($40,258 per ton), while the price for Italy ($40,214 per ton) and Hong Kong SAR ($40,231 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.1%), 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 Egypt (FOB) - 2022

The average export price for buttons; of base metal, not covered with textile materials stood at $28,271 per ton in 2022, rising by 48% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 178% against the previous year. Over the period under review, the average export prices reached the peak figure at $29,690 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($67,293 per ton), while the average price for exports to Turkey ($13,583 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 Myanmar (+56.2%), 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 Egypt

Imports of buttons; of base metal, not covered with textile materials into Egypt expanded significantly to 33 tons in 2022, picking up by 13% compared with 2021 figures. In general, imports, however, saw a sharp setback. The pace of growth appeared the most rapid in 2021 with an increase of 70% against the previous year.

In value terms, imports of buttons; of base metal, not covered with textile materials expanded markedly to $1.3M in 2022. Over the period under review, imports, however, continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 72% against the previous year.

Import of Buttons; of Base Metal, Not Covered with Textile Material in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9934226571,0070.5%
Turkey808220310173-40.2%
Germany80.612.031.883.11.0%
Netherlands46.9N/A28.924.0-20.0%
Italy594N/A1.516.6-69.7%
Hong Kong SAR27133.052.014.1-62.7%
Spain24117.80.1N/A-98.0%
Mexico2.9N/AN/AN/A0%
Others17.76.914110.2-16.8%
Total3,0557121,2221,327-24.3%

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

  1. China (25.0 tons)
  2. Turkey (4.3 tons)
  3. Germany (2.1 tons)
  4. Netherlands (0.6 tons)
  5. Italy (0.4 tons)
  6. Hong Kong SAR (0.4 tons)

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

For the fourth consecutive year, Egypt recorded growth in shipments abroad of buttons; of base metal, not covered with textile materials, which increased by 27% to 959 kg in 2022. Over the period under review, exports saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 47%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, exports of buttons; of base metal, not covered with textile materials surged to $27K in 2022. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 159%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Buttons; of Base Metal, Not Covered with Textile Material in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1.21.15.813.8125.7%
Vietnam1.9N/AN/A8.061.5%
Turkey2.20.70.15.233.2%
KenyaN/A1.8N/AN/A0%
UgandaN/AN/AN/AN/A0%
Myanmar0.22.08.3N/A544.2%
Others1.4N/A0.40.1-58.5%
Total6.95.614.527.157.8%

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

  1. Turkey (386.0 kg)
  2. Vietnam (358.0 kg)
  3. Spain (205.0 kg)

Source: IndexBox Market Intelligence Platform

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