Canada: Market for Button Blanks & Button Moulds 2024

Market Size for Button Blanks & Button Moulds in Canada

The Canadian button blanks and moulds market totaled $X in 2022, remaining stable against the previous year. Over the period under review, consumption, however, recorded a resilient increase. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Production of Button Blanks & Button Moulds in Canada

In value terms, button blanks and moulds production totaled $X in 2022 estimated in export price. Over the period under review, production showed buoyant growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by 61%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Exports of Button Blanks & Button Moulds

Exports from Canada

In 2022, shipments abroad of button blanks & button moulds increased by 16,383% to X tons, rising for the second consecutive year after two years of decline. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, button blanks and moulds exports skyrocketed to $X in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Ukraine (X tons) was the main destination for button blanks and moulds exports from Canada, with a 100% share of total exports. It was followed by the United States (X kg), with a 0.1% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Ukraine was relatively modest.

In value terms, Ukraine ($X) emerged as the key foreign market for button blanks & button moulds exports from Canada, comprising 100% of total exports. The second position in the ranking was taken by the United States ($X), with a 0.1% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Ukraine was relatively modest.

Export Prices by Country

The average button blanks and moulds export price stood at $X per ton in 2022, growing by 2.3% against the previous year. Over the period under review, the export price showed a prominent expansion. The pace of growth appeared the most rapid in 2020 an increase of 84% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Ukraine totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+7.0%).

Imports of Button Blanks & Button Moulds

Imports into Canada

In 2022, overseas purchases of button blanks & button moulds increased by 115% to X tons for the first time since 2017, thus ending a four-year declining trend. Overall, imports, however, continue to indicate a abrupt shrinkage. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, button blanks and moulds imports surged to $X in 2022. Over the period under review, imports, however, recorded a deep contraction. The pace of growth was the most pronounced in 2017 when imports increased by 35% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of button blanks and moulds to Canada, with a 83% share of total imports. Moreover, button blanks and moulds imports from the United States exceeded the figures recorded by the second-largest supplier, China (X kg), ninefold. The third position in this ranking was taken by Taiwan (Chinese) (X kg), with a 3.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States amounted to -9.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-8.4% per year) and Taiwan (Chinese) (+12.0% per year).

In value terms, the United States ($X) constituted the largest supplier of button blanks & button moulds to Canada, comprising 83% of total imports. The second position in the ranking was held by China ($X), with an 8.8% share of total imports. It was followed by Taiwan (Chinese), with a 3.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled -11.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-10.3% per year) and Taiwan (Chinese) (+9.9% per year).

Import Prices by Country

The average button blanks and moulds import price stood at $X per ton in 2022, shrinking by -42.3% against the previous year. In general, the import price showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by 22%. As a result, import price attained the peak level of $X per ton, and then contracted dramatically in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Taiwan (Chinese) ($X per ton) and Germany ($X per ton), while the price for the United States ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-1.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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