Brazil: Market for Button Blanks & Button Moulds 2024

Market Size for Button Blanks & Button Moulds in Brazil

The Brazilian button blanks and moulds market rose to $X in 2022, with an increase of 1.6% against the previous year. Overall, consumption, however, showed a abrupt setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Button Blanks & Button Moulds in Brazil

In value terms, button blanks and moulds production stood at $X in 2022 estimated in export price. Over the period under review, production, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2019 when the production volume increased by 36%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Button Blanks & Button Moulds

Exports from Brazil

In 2022, exports of button blanks & button moulds from Brazil fell notably to X tons, which is down by -42.7% compared with 2021 figures. Over the period under review, exports, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2015 with an increase of 614%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, button blanks and moulds exports fell remarkably to $X in 2022. Overall, exports continue to indicate a slight downturn. The pace of growth was the most pronounced in 2017 with an increase of 240%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Chile (X kg) was the main destination for button blanks and moulds exports from Brazil, with a 44% share of total exports. Moreover, button blanks and moulds exports to Chile exceeded the volume sent to the second major destination, Guatemala (X kg), twofold. Argentina (X kg) ranked third in terms of total exports with a 19% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Chile totaled +5.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (+5.3% per year) and Argentina (+10.2% per year).

In value terms, Chile ($X), Guatemala ($X) and Argentina ($X) were the largest markets for button blanks and moulds exported from Brazil worldwide, together comprising 78% of total exports. Paraguay, the Dominican Republic, Portugal and Bolivia lagged somewhat behind, together comprising a further 20%.

In terms of the main countries of destination, Portugal, with a CAGR of +84.2%, saw the highest growth rate of 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

In 2022, the average button blanks and moulds export price amounted to $X per ton, surging by 6.6% against the previous year. Over the period under review, the export price, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2019 an increase of 37% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Paraguay ($X per ton), while the average price for exports to Bolivia ($X 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 Guatemala (+8.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Button Blanks & Button Moulds

Imports into Brazil

Button blanks and moulds imports into Brazil contracted notably to X tons in 2022, falling by -25.6% on the year before. In general, imports faced a deep contraction. The pace of growth was the most pronounced in 2013 when imports increased by 173% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, button blanks and moulds imports surged to $X in 2022. Overall, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2013 with an increase of 263% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

China (X tons), the United States (X tons) and Taiwan (Chinese) (X kg) were the main suppliers of button blanks and moulds imports to Brazil, with a combined 89% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +44.0%), while purchases for the other leaders experienced a decline.

In value terms, the United States ($X) constituted the largest supplier of button blanks & button moulds to Brazil, comprising 57% of total imports. The second position in the ranking was taken by China ($X), with a 16% share of total imports. It was followed by Taiwan (Chinese), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at -7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-6.2% per year) and Taiwan (Chinese) (+51.8% per year).

Import Prices by Country

In 2022, the average button blanks and moulds import price amounted to $X per ton, increasing by 59% against the previous year. Over the period under review, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, button blanks and moulds import price increased by +65.2% against 2020 indices. Over the period under review, average import prices reached the maximum at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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