U.S.: Market for Button Blanks & Button Moulds 2024

Market Size for Button Blanks & Button Moulds in the U.S.

The U.S. button blanks and moulds market rose rapidly to $X in 2022, picking up by 9.4% against the previous year. Over the period under review, the total consumption indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +2.9% 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 -5.9% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Button Blanks & Button Moulds in the U.S.

In value terms, button blanks and moulds production expanded notably to $X in 2022. Over the period under review, the total production indicated moderate 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, production decreased by -9.5% against 2020 indices. The most prominent rate of growth was recorded 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 remained at a somewhat lower figure.

Exports of Button Blanks & Button Moulds

Exports from the U.S.

For the fourth consecutive year, the United States recorded decline in shipments abroad of button blanks & button moulds, which decreased by -4.6% to X tons in 2022. Overall, exports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when exports increased by 512%. As a result, the exports attained 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 fell to $X in 2022. Over the period under review, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2013 with an increase of 512%. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Mexico (X tons), Indonesia (X tons) and Italy (X tons) were the main destinations of button blanks and moulds exports from the United States, together accounting for 68% of total exports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +36.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for button blanks and moulds exported from the United States were Mexico ($X), Indonesia ($X) and Canada ($X), together accounting for 71% of total exports. Egypt, Japan, Italy, Colombia, Brazil, Portugal and Hong Kong SAR lagged somewhat behind, together accounting for a further 19%.

Among the main countries of destination, Colombia, with a CAGR of +35.3%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average button blanks and moulds export price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Overall, the export price, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2020 an increase of 95% against the previous year. The export price peaked at $X per ton in 2021, and then reduced in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($X per ton), while the average price for exports to Italy ($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 Portugal (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Button Blanks & Button Moulds

Imports into the U.S.

In 2022, approx. X tons of button blanks & button moulds were imported into the United States; with an increase of 94% compared with the year before. In general, imports, however, showed a slight decrease. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, button blanks and moulds imports soared to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 89% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of button blanks and moulds to the United States, with a 55% share of total imports. Moreover, button blanks and moulds imports from China exceeded the figures recorded by the second-largest supplier, Mexico (X tons), threefold. Italy (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (-13.7% per year) and Italy (+15.0% per year).

In value terms, the largest button blanks and moulds suppliers to the United States were China ($X), Mexico ($X) and Italy ($X), with a combined 73% share of total imports. Germany, Taiwan (Chinese), Japan, the Netherlands and Canada lagged somewhat behind, together accounting for a further 17%.

In terms of the main suppliers, Taiwan (Chinese), with a CAGR of +38.5%, recorded the highest rates of growth with regard to 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

In 2022, the average button blanks and moulds import price amounted to $X per ton, which is down by -10.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 21% against the previous year. The import price peaked at $X per ton in 2021, and then fell in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+20.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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