CIS: Market for Button Blanks & Button Moulds 2024

Market Size for Button Blanks & Button Moulds in CIS

The CIS button blanks and moulds market shrank modestly to $X in 2022, therefore, remained relatively stable against the previous year. The total consumption indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +3.7% 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 -6.0% against 2019 indices. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Production of Button Blanks & Button Moulds in CIS

In value terms, button blanks and moulds production amounted to $X in 2022 estimated in export price. The total production indicated a temperate expansion from 2012 to 2022: its value 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. Based on 2022 figures, production increased by +3.3% against 2019 indices. The growth pace was the most rapid in 2019 with an increase of 34%. The level of production peaked in 2022 and is expected to retain growth in years to come.

Exports of Button Blanks & Button Moulds

Exports in CIS

In 2022, exports of button blanks & button moulds in the CIS soared to X tons, growing by 87% compared with 2021 figures. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 502%. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, button blanks and moulds exports rose notably to $X in 2022. Over the period under review, exports posted a strong increase. The growth pace was the most rapid in 2014 when exports increased by 127% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Belarus dominates exports structure, recording X tons, which was near 96% of total exports in 2022. Russia (X tons) held a little share of total exports.

Belarus was also the fastest-growing in terms of the button blanks & button moulds exports, with a CAGR of +75.1% from 2012 to 2022. At the same time, Russia (+5.8%) displayed positive paces of growth. From 2012 to 2022, the share of Belarus increased by +96 percentage points.

In value terms, the largest button blanks and moulds supplying countries in the CIS were Belarus ($X) and Russia ($X).

Belarus, with a CAGR of +60.9%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, falling by -39.3% against the previous year. Over the period under review, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when the export price increased by 140%. Over the period under review, the export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Russia ($X per ton), while Belarus stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+2.0%).

Imports of Button Blanks & Button Moulds

Imports in CIS

Button blanks and moulds imports reduced to X tons in 2022, which is down by -7.2% against 2021. Over the period under review, imports, however, enjoyed tangible growth. The pace of growth appeared the most rapid in 2016 when imports increased by 262%. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, button blanks and moulds imports expanded to $X in 2022. In general, imports, however, saw a prominent expansion. The growth pace was the most rapid in 2019 with an increase of 81% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Russia represented the major importing country with an import of about X tons, which accounted for 72% of total imports. It was distantly followed by Belarus (X tons), generating a 26% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to button blanks and moulds imports into Russia stood at +1.3%. At the same time, Belarus (+15.1%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing importer imported in the CIS, with a CAGR of +15.1% from 2012-2022. From 2012 to 2022, the share of Belarus increased by +18 percentage points.

In value terms, the largest button blanks and moulds importing markets in the CIS were Russia ($X) and Belarus ($X).

In terms of the main importing countries, Belarus, with a CAGR of +18.5%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, with an increase of 10% against the previous year. In general, the import price saw a perceptible expansion. The most prominent rate of growth was recorded in 2013 an increase of 63%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belarus ($X per ton), while Russia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+3.0%).

Source: IndexBox Platform

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