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

Contents:

  1. Price for Buttons; of Base Metal, Not Covered with Textile Material in Iraq (CIF) - 2022
  2. Imports of Buttons; of Base Metal, Not Covered with Textile Material in Iraq

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

The average import price for buttons; of base metal, not covered with textile materials stood at $6,453 per ton in 2022, falling by -5.3% against the previous year. Over the period under review, the import price, however, showed a buoyant expansion. The growth pace was the most rapid in 2015 an increase of 44% against the previous year. Over the period under review, average import prices hit record highs at $7,465 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($8,994 per ton), while the price for China totaled $6,096 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.9%).

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

In 2022, after three years of growth, there was significant decline in supplies from abroad of buttons; of base metal, not covered with textile materials, when their volume decreased by -10.6% to 26 tons. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +11.7% 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 +39.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 25% against the previous year.

In value terms, imports of buttons; of base metal, not covered with textile materials declined dramatically to $166K in 2022. The total import value increased at an average annual rate of +8.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 32% against the previous year.

Import of Buttons; of Base Metal, Not Covered with Textile Material in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1261671931413.8%
Turkey0.50.11.618.9235.6%
Others3.24.91.45.922.6%
Total1301721961668.5%

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

  1. China (23.1 tons)
  2. Turkey (2.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Buttons; of base metal, not covered with textile material - Iraq