The Netherlands is the dominant European importer of button blanks and related parts, with significant volumes compared to other countries. However, it faced a slight decline of 4.05% in 2023. Italy and Bulgaria saw substantial decreases of over 12% and 15%, respectively. Notably, Germany also experienced a significant drop of 15.2%. In contrast, Estonia showed an 8% increase, and Finland demonstrated a remarkable 33.09% growth, potentially indicating a growing niche market. Portugal and Romania experienced moderate growth, suggesting a stable demand within these markets.
Future trends to watch include potential shifts in the sourcing strategies of major importers such as the Netherlands, which might seek diversified supply chains to mitigate declining trends. Emerging markets like Estonia and Finland could become more central in the European button accessory trade, driven by increasing demand or more competitive pricing and product innovation. Monitoring the resilience of markets like Italy and Germany will be essential to understanding the broader impact on the European button parts trade.
Top countries in Import of Button Blanks, Button Moulds and Other Parts of Buttons by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 6,486,800 | 2023 | +25% | -4.05% | View data |
| 2 | 2 Italy | 176,770 | 2023 | -10.14% | -12.88% | View data |
| 3 | 3 Spain | 137,050 | 2023 | -7.4% | -7.88% | View data |
| 4 | 4 Poland | 123,790 | 2023 | -0.011% | -6.27% | View data |
| 5 | 5 Bulgaria | 85,770 | 2023 | +0.87% | -15.23% | View data |
| 6 | 6 Germany | 49,190 | 2023 | -8.26% | -15.2% | View data |
| 7 | 7 Portugal | 42,770 | 2023 | +0.74% | +3.68% | View data |
| 8 | 8 France | 36,140 | 2021 | +42.5% | -27.84% | View data |
| 9 | 9 Romania | 32,800 | 2023 | +2.11% | +6.8% | View data |
| 10 | 10 United Kingdom | 20,260 | 2023 | -12.65% | -14.56% | View data |
