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

Contents:

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

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

The average import price for buttons; of base metal, not covered with textile materials stood at $40,249 per ton in 2022, growing by 10% against the previous year. Over the period under review, the import price, however, recorded a pronounced reduction. The most prominent rate of growth was recorded in 2018 an increase of 25%. Over the period under review, average import prices attained the peak figure at $52,451 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Taiwan (Chinese) ($40,421 per ton) and the UK ($40,277 per ton), while the price for Hong Kong SAR ($40,126 per ton) and Thailand ($40,132 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.4%), while the prices for the other major suppliers experienced a decline.

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

The average export price for buttons; of base metal, not covered with textile materials stood at $34,971 per ton in 2022, surging by 27% against the previous year. Overall, the export price, however, saw a deep contraction. The export price peaked at $64,557 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were French Polynesia ($36,500 per ton) and Kiribati ($35,484 per ton), while the average price for exports to Solomon Islands ($33,400 per ton) and Vietnam ($35,040 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tonga (-3.4%), while the prices for the other major destinations experienced a decline.

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

In 2022, overseas purchases of buttons; of base metal, not covered with textile materials decreased by -17.8% to 2.1 tons, falling for the second consecutive year after two years of growth. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +10.9% 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 decreased by -31.2% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 98% against the previous year. As a result, imports reached the peak of 3 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of buttons; of base metal, not covered with textile materials fell to $84K in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +10.0% 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 decreased by -12.7% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 53%. As a result, imports attained the peak of $96K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. United States (564.0 kg)
2. China (327.0 kg)
3. United Kingdom (271.0 kg)
4. Australia (200.0 kg)
5. Italy (175.0 kg)
6. France (144.0 kg)
7. Hong Kong SAR (127.0 kg)
8. Thailand (106.0 kg)

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

In 2022, exports of buttons; of base metal, not covered with textile materials from New Zealand dropped markedly to 70 kg, waning by -54.2% on 2021. Over the period under review, exports showed a slight decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 264%. As a result, the exports reached the peak of 153 kg, and then shrank notably in the following year.

In value terms, exports of buttons; of base metal, not covered with textile materials dropped rapidly to $2.4K in 2022. In general, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 157%. As a result, the exports reached the peak of $4.2K, and then dropped rapidly in the following year.

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

1. Kiribati (31.0 kg)
2. Vietnam (25.0 kg)
3. French Polynesia (8.0 kg)
4. Solomon Islands (5.0 kg)

Source: IndexBox Market Intelligence Platform