Tunisia: Market for Button Blanks & Button Moulds 2024

Market Size for Button Blanks & Button Moulds in Tunisia

The Tunisian button blanks and moulds market rose sharply to $X in 2022, with an increase of 8.2% against the previous year. Overall, consumption recorded resilient growth. 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 Tunisia

In value terms, button blanks and moulds production rose slightly to $X in 2022 estimated in export price. In general, production posted a resilient expansion. The pace of growth was the most pronounced in 2017 with an increase of 46%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Button Blanks & Button Moulds

Exports from Tunisia

Button blanks and moulds exports from Tunisia fell markedly to X tons in 2022, reducing by -46.3% on 2021 figures. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 10,096% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, button blanks and moulds exports declined markedly to $X in 2022. In general, exports, however, showed significant growth. The growth pace was the most rapid in 2013 with an increase of 7,929%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

France (X tons) was the main destination for button blanks and moulds exports from Tunisia, with a 83% share of total exports. Moreover, button blanks and moulds exports to France exceeded the volume sent to the second major destination, Morocco (X kg), eightfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to France amounted to +109.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (+70.3% per year) and Italy (+62.6% per year).

In value terms, France ($X) remains the key foreign market for button blanks & button moulds exports from Tunisia, comprising 95% of total exports. The second position in the ranking was taken by Morocco ($X), with a 3.1% share of total exports.

From 2012 to 2022, the average annual growth rate of value to France stood at +149.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (+69.5% per year) and Italy (+48.5% per year).

Export Prices by Country

The average button blanks and moulds export price stood at $X per ton in 2022, flattening at the previous year. Overall, the export price, however, continues to indicate a mild curtailment. The pace of growth was the most pronounced in 2014 when the average export price increased by 25% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

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 France ($X per ton), while the average price for exports to Italy ($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 France (+19.0%), while the prices for the other major destinations experienced a decline.

Imports of Button Blanks & Button Moulds

Imports into Tunisia

In 2022, approx. X tons of button blanks & button moulds were imported into Tunisia; picking up by 23% compared with the previous year's figure. In general, total imports indicated noticeable growth from 2012 to 2022: its volume increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -19.4% against 2020 indices. Over the period under review, imports reached the maximum at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, button blanks and moulds imports surged to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 22% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Turkey (X tons), the Netherlands (X tons) and China (X tons) were the main suppliers of button blanks and moulds imports to Tunisia, with a combined 64% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +71.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constituted the largest supplier of button blanks & button moulds to Tunisia, comprising 43% of total imports. The second position in the ranking was held by Japan ($X), with a 12% share of total imports. It was followed by Italy, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from Turkey totaled +3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+15.4% per year) and Italy (-10.8% per year).

Import Prices by Country

In 2022, the average button blanks and moulds import price amounted to $X per ton, with a decrease of -4.3% against the previous year. In general, the import price saw a noticeable decline. The pace of growth appeared the most rapid in 2018 an increase of 25% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for China ($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 United States (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform