Europe: Market for Button Blanks & Button Moulds 2024

Market Size for Button Blanks & Button Moulds in Europe

After three years of growth, the Europe button blanks and moulds market decreased by -19% to $X in 2022. The total consumption indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2021, and then fell dramatically in the following year.

Production of Button Blanks & Button Moulds in Europe

In value terms, button blanks and moulds production skyrocketed to $X in 2022 estimated in export price. The total production indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +2.7% 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 -9.6% against 2020 indices. The most prominent rate of growth was recorded in 2019 with an increase of 43% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Button Blanks & Button Moulds

Exports in Europe

In 2022, after two years of decline, there was significant growth in shipments abroad of button blanks & button moulds, when their volume increased by 44% to X tons. Total exports indicated noticeable growth from 2012 to 2022: its volume increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, button blanks and moulds exports amounted to $X in 2022. The total export value increased at an average annual rate of +1.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 41%. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

Exports by Country

In 2022, Italy (X tons), distantly followed by Spain (X tons) and Germany (X tons) represented the major exporters of button blanks & button moulds, together comprising 79% of total exports. Greece (X tons), Belarus (X tons), Switzerland (X tons), France (X tons), the UK (X tons) and Sweden (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Belarus (with a CAGR of +75.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Spain ($X) and Germany ($X) were the countries with the highest levels of exports in 2022, with a combined 74% share of total exports. Switzerland, the UK, France, Sweden, Greece and Belarus lagged somewhat behind, together comprising a further 21%.

Belarus, with a CAGR of +60.9%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries 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 Europe stood at $X per ton in 2022, which is down by -30.4% against the previous year. In general, the export price saw a perceptible descent. The pace of growth was the most pronounced in 2021 when the export price increased by 50%. As a result, the export price attained the peak level of $X per ton, and then shrank markedly in the following year.

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 Switzerland ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+5.7%), while the other leaders experienced a decline in the export price figures.

Imports of Button Blanks & Button Moulds

Imports in Europe

In 2022, supplies from abroad of button blanks & button moulds increased by 7.2% to X tons, rising for the second year in a row after three years of decline. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by 200% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, button blanks and moulds imports fell slightly to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 67% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Spain (X tons) and Italy (X tons) represented roughly 58% of total imports in 2022. The UK (X tons) ranks next in terms of the total imports with a 7.1% share, followed by Portugal (6.8%), Russia (5.9%) and Romania (5%). France (X tons) took a little share 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 Romania (with a CAGR of +15.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constitutes the largest market for imported button blanks & button moulds in Europe, comprising 44% of total imports. The second position in the ranking was taken by Spain ($X), with a 17% share of total imports. It was followed by the UK, with a 6.3% share.

In Italy, button blanks and moulds imports increased at an average annual rate of +1.4% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Spain (+4.7% per year) and the UK (+0.7% per year).

Import Prices by Country

In 2022, the import price in Europe amounted to $X per ton, declining by -10.8% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 41% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2021, and then reduced in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+7.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform