Australia and Oceania: Market for Button Blanks & Button Moulds 2024

Market Size for Button Blanks & Button Moulds in Australia and Oceania

The button blanks and moulds market in Australia and Oceania amounted to $X in 2022, picking up by 3.4% against the previous year. The total consumption indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -3.1% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Button Blanks & Button Moulds in Australia and Oceania

In value terms, button blanks and moulds production stood at $X in 2022 estimated in export price. The total production indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -3.0% against 2020 indices. The pace of growth was the most pronounced in 2019 with an increase of 49% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Button Blanks & Button Moulds

Exports in Australia and Oceania

In 2022, the amount of button blanks & button moulds exported in Australia and Oceania soared to X tons, picking up by 286% compared with the previous year. Over the period under review, exports posted resilient growth. The growth pace was the most rapid in 2014 when exports increased by 795%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, button blanks and moulds exports skyrocketed to $X in 2022. In general, exports recorded a resilient increase. The pace of growth was the most pronounced in 2014 with an increase of 583%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

Fiji represented the largest exporting country with an export of around X tons, which resulted at 75% of total exports. Papua New Guinea (X tons) took a 16% share (based on physical terms) of total exports, which put it in second place, followed by Australia (6.9%). New Zealand (X kg) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to button blanks and moulds exports from Fiji stood at +17.8%. At the same time, Australia (+42.9%), Papua New Guinea (+17.4%) and New Zealand (+7.4%) displayed positive paces of growth. Moreover, Australia emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +42.9% from 2012-2022. From 2012 to 2022, the share of Australia increased by +5.9 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Fiji ($X), Papua New Guinea ($X) and Australia ($X) were the countries with the highest levels of exports in 2022, with a combined 95% share of total exports.

Among the main exporting countries, Papua New Guinea, with a CAGR of +26.3%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, which is down by -54.2% against the previous year. Over the period under review, the export price continues to indicate a deep setback. The pace of growth appeared the most rapid in 2013 an increase of 56%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Fiji ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Papua New Guinea (+7.6%), while the other leaders experienced a decline in the export price figures.

Imports of Button Blanks & Button Moulds

Imports in Australia and Oceania

In 2022, approx. X tons of button blanks & button moulds were imported in Australia and Oceania; with a decrease of -2.4% compared with the year before. Over the period under review, imports saw a noticeable downturn. The most prominent rate of growth was recorded in 2014 when imports increased by 47% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, button blanks and moulds imports surged to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 37%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Australia was the major importing country with an import of about X tons, which accounted for 58% of total imports. It was distantly followed by Fiji (X tons), comprising a 32% share of total imports. The following importers - New Zealand (X kg) and Palau (X kg) - together made up 6.1% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Palau (with a CAGR of +31.0%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Australia ($X) constitutes the largest market for imported button blanks & button moulds in Australia and Oceania, comprising 75% of total imports. The second position in the ranking was taken by Fiji ($X), with a 19% share of total imports. It was followed by New Zealand, with a 2.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia totaled +4.8%. In the other countries, the average annual rates were as follows: Fiji (-5.8% per year) and New Zealand (-17.5% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, rising by 39% against the previous year. Import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per ton), while Palau ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+7.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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