Czech Republic: Market for Button Blanks & Button Moulds 2024

Market Size for Button Blanks & Button Moulds in the Czech Republic

The Czech button blanks and moulds market stood at $X in 2022, approximately reflecting the previous year. Over the period under review, the total consumption indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +4.5% 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 -2.1% against 2020 indices. Button blanks and moulds consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Button Blanks & Button Moulds in the Czech Republic

In value terms, button blanks and moulds production stood at $X in 2022 estimated in export price. Overall, the total production indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +4.2% 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 -1.4% against 2020 indices. The pace of growth was the most pronounced in 2017 when the production volume increased by 30%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Button Blanks & Button Moulds

Exports from the Czech Republic

In 2022, button blanks and moulds exports from the Czech Republic dropped notably to X tons, reducing by -47.5% on 2021 figures. Overall, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 74%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, button blanks and moulds exports dropped to $X in 2022. In general, exports saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for button blanks and moulds exports from the Czech Republic, accounting for a 65% share of total exports. Moreover, button blanks and moulds exports to Germany exceeded the volume sent to the second major destination, Hungary (X kg), sevenfold. Austria (X kg) ranked third in terms of total exports with an 8.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to -7.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+33.5% per year) and Austria (+85.0% per year).

In value terms, Germany ($X) remains the key foreign market for button blanks & button moulds exports from the Czech Republic, comprising 51% of total exports. The second position in the ranking was taken by Hungary ($X), with a 14% share of total exports. It was followed by Ukraine, with a 7.3% share.

From 2012 to 2022, the average annual growth rate of value to Germany stood at -6.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+19.9% per year) and Ukraine (+20.5% per year).

Export Prices by Country

In 2022, the average button blanks and moulds export price amounted to $X per ton, growing by 71% against the previous year. In general, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Poland ($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 Albania (+14.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Button Blanks & Button Moulds

Imports into the Czech Republic

In 2022, after three years of growth, there was significant decline in purchases abroad of button blanks & button moulds, when their volume decreased by -48.2% to X tons. Overall, imports, however, showed a noticeable increase. The growth pace was the most rapid in 2015 when imports increased by 80%. Imports peaked at X tons in 2021, and then fell notably in the following year.

In value terms, button blanks and moulds imports reduced sharply to $X in 2022. Over the period under review, imports saw a mild shrinkage. The growth pace was the most rapid in 2017 with an increase of 110% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Germany (X kg) and the Netherlands (X kg) were the main suppliers of button blanks and moulds imports to the Czech Republic, together comprising 92% of total imports. Turkey, India and Spain lagged somewhat behind, together accounting for a further 7.3%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +88.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and the Netherlands ($X) were the largest button blanks and moulds suppliers to the Czech Republic, together comprising 85% of total imports. Turkey, India and Spain lagged somewhat behind, together accounting for a further 14%.

Among the main suppliers, Turkey, with a CAGR of +80.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average button blanks and moulds import price stood at $X per ton in 2022, picking up by 29% against the previous year. In general, the import price, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2014 an increase of 86%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

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 Netherlands ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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