Northern America: Market for Button Blanks & Button Moulds 2024

Market Size for Button Blanks & Button Moulds in Northern America

The North American button blanks and moulds market amounted to $X in 2022, surging by 8.4% against the previous year. The total consumption indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +3.2% 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 -7.0% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Production of Button Blanks & Button Moulds in Northern America

In value terms, button blanks and moulds production reached $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 +3.6% 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 -9.5% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 61% against the previous year. 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 in Northern America

In 2022, overseas shipments of button blanks & button moulds were finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Overall, exports, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2013 with an increase of 511% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, button blanks and moulds exports skyrocketed to $X in 2022. In general, exports, however, showed a mild setback. The most prominent rate of growth was recorded in 2013 when exports increased by 511%. The level of export peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Canada (X tons), followed by the United States (X tons) were the main exporters of button blanks & button moulds, together generating 100% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Canada (with a CAGR of +61.7%).

In value terms, the United States ($X) and Canada ($X) appeared to be the countries with the highest levels of exports in 2022.

Canada, with a CAGR of +73.0%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per ton, reducing by -11.4% against the previous year. Overall, the export price, however, posted strong growth. The growth pace was the most rapid in 2020 when the export price increased by 95%. The level of export peaked at $X per ton in 2021, and then reduced in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.5%).

Imports of Button Blanks & Button Moulds

Imports in Northern America

In 2022, supplies from abroad of button blanks & button moulds increased by 98% to X tons, rising for the third consecutive year after three years of decline. Over the period under review, imports, however, continue to indicate a perceptible shrinkage. The volume of import peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, button blanks and moulds imports skyrocketed to $X in 2022. In general, imports, however, saw a pronounced descent. The pace of growth was the most pronounced in 2016 when imports increased by 72%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, the United States (X tons) was the largest importer of button blanks & button moulds, creating 80% of total imports. It was distantly followed by Canada (X tons), committing a 20% share of total imports.

The United States was also the fastest-growing in terms of the button blanks & button moulds imports, with a CAGR of -1.5% from 2012 to 2022. Canada (-9.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United States increased by +17 percentage points.

In value terms, the United States ($X) constitutes the largest market for imported button blanks & button moulds in Northern America, comprising 85% of total imports. The second position in the ranking was held by Canada ($X), with a 15% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States was relatively modest.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per ton, reducing by -17.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2021 when the import price increased by 18%. As a result, import price attained the peak level of $X per ton, and then contracted notably in the following year.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while Canada totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.8%).

Source: IndexBox Platform

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