Price for Buttons; of Plastics, Not Covered with Textile Material in the United Arab Emirates - 2022

Contents:

1. Price for Buttons; of Plastics, Not Covered with Textile Material in the United Arab Emirates (CIF) - 2022
2. Price for Buttons; of Plastics, Not Covered with Textile Material in the United Arab Emirates (FOB) - 2022
3. Imports of Buttons; of Plastics, Not Covered with Textile Material in the United Arab Emirates
4. Exports of Buttons; of Plastics, Not Covered with Textile Material in the United Arab Emirates

Price for Buttons; of Plastics, Not Covered with Textile Material in the United Arab Emirates (CIF) - 2022

The average import price for buttons; of plastics, not covered with textile materials stood at $12,052 per ton in 2022, rising by 43% against the previous year. Overall, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.2% 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 plastics, not covered with textile materials increased by +25.2% against 2019 indices. The pace of growth was the most pronounced in 2019 when the average import price increased by 50% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($62,677 per ton), while the price for Morocco ($1,414 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Buttons; of Plastics, Not Covered with Textile Material in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for buttons; of plastics, not covered with textile materials amounted to $15,497 per ton, reducing by -69.8% against the previous year. Over the period under review, the export price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2016 when the average export price increased by 72% against the previous year. As a result, the export price reached the peak level of $82,516 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($76,267 per ton), while the average price for exports to Syrian Arab Republic ($624 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 Jordan (+20.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Buttons; of Plastics, Not Covered with Textile Material in the United Arab Emirates

In 2022, approx. 108 tons of buttons; of plastics, not covered with textile materials were imported into the United Arab Emirates; which is down by -62.8% on the previous year. Over the period under review, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 128%. As a result, imports attained the peak of 291 tons, and then declined markedly in the following year.

In value terms, imports of buttons; of plastics, not covered with textile materials shrank sharply to $1.3M in 2022. Overall, imports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 171%. As a result, imports attained the peak of $2.5M, and then shrank markedly in the following year.

Top Suppliers of Buttons; of Plastics, Not Covered with Textile Material to the United Arab Emirates in 2022:

1. China (60.1 tons)
2. Thailand (9.0 tons)
3. Hong Kong SAR (9.0 tons)
4. Morocco (8.0 tons)
5. India (7.3 tons)
6. United States (3.8 tons)
7. Taiwan (Chinese) (3.0 tons)

Exports of Buttons; of Plastics, Not Covered with Textile Material in the United Arab Emirates

In 2022, exports of buttons; of plastics, not covered with textile materials from the United Arab Emirates surged to 28 tons, with an increase of 1,868% on the previous year's figure. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of buttons; of plastics, not covered with textile materials skyrocketed to $431K in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Buttons; of Plastics, Not Covered with Textile Material from the United Arab Emirates in 2022:

1. Saudi Arabia (11.2 tons)
2. Syrian Arab Republic (5.8 tons)
3. Ukraine (1.8 tons)
4. Poland (1.8 tons)
5. Qatar (1.5 tons)
6. Iraq (0.8 tons)
7. Oman (0.8 tons)
8. Ethiopia (0.8 tons)
9. Yemen (0.7 tons)
10. Jordan (0.5 tons)

Source: IndexBox Market Intelligence Platform