Austria - Base Metal Closures, Stoppers, Caps And Lids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBase Metal Closure Price in Austria - 2023
Contents:
- Base Metal Closure Price in Austria (CIF) - 2023
- Base Metal Closure Price in Austria (FOB) - 2023
- Base Metal Closure Imports in Austria
- Base Metal Closure Exports in Austria
Base Metal Closure Price in Austria (CIF) - 2023
The average base metal closure import price stood at $7,691 per ton in June 2023, with a decrease of -3.5% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.3%. The growth pace was the most rapid in April 2023 when the average import price increased by 16% against the previous month. As a result, import price reached the peak level of $8,044 per ton. From May 2023 to June 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was France ($8,351 per ton), while the price for Hungary ($4,048 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Metal Closure Price in Austria (FOB) - 2023
The average base metal closure export price stood at $10,208 per ton in June 2023, declining by -3.3% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +3.4%. The most prominent rate of growth was recorded in July 2022 an increase of 22% m-o-m. The export price peaked at $10,552 per ton in May 2023, and then reduced modestly in the following month.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was the UK ($27,514 per ton), while the average price for exports to Slovenia ($1,856 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.
Base Metal Closure Imports in Austria
In 2022, supplies from abroad of base metal closures, stoppers, caps and lids decreased by -3.8% to 35K tons, falling for the second year in a row after two years of growth. In general, imports recorded a noticeable decline. The most prominent rate of growth was recorded in 2020 with an increase of 0.5%. As a result, imports attained the peak of 37K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, base metal closure imports expanded rapidly to $249M in 2022. The total import value increased at an average annual rate of +8.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Base Metal Closure in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 97.1 | 76.1 | 93.9 | 109 | 3.9% |
| Poland | 36.8 | 30.3 | 43.1 | 54.2 | 13.8% |
| Germany | 28.8 | 43.9 | 45.0 | 43.9 | 15.1% |
| Italy | 6.8 | 6.8 | 9.8 | 12.3 | 21.8% |
| Czech Republic | 3.3 | 5.0 | 5.7 | 6.2 | 23.4% |
| Slovakia | 2.8 | 3.6 | 4.8 | 5.5 | 25.2% |
| Hungary | 3.4 | 2.5 | 3.1 | 2.8 | -6.3% |
| United Kingdom | 8.4 | 11.1 | 0.3 | 0.2 | -71.2% |
| Others | 10.6 | 16.3 | 12.4 | 15.2 | 12.8% |
| Total | 198 | 196 | 218 | 249 | 7.9% |
Top Suppliers of Base Metal Closure to Austria in 2022:
- United Kingdom (undefinedK tons)
- France (14.1K tons)
- Poland (7.6K tons)
- Germany (6.5K tons)
- Italy (1.8K tons)
- Czech Republic (1.2K tons)
- Slovakia (1.1K tons)
- Hungary (0.6K tons)
Base Metal Closure Exports in Austria
In 2022, overseas shipments of base metal closures, stoppers, caps and lids were finally on the rise to reach 17K tons after two years of decline. Overall, exports recorded a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, base metal closure exports skyrocketed to $153M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +16.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.6% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Base Metal Closure in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 43.1 | 36.8 | 46.6 | 55.1 | 8.5% |
| Germany | 27.7 | 33.3 | 21.2 | 43.4 | 16.1% |
| United States | 1.8 | 1.9 | 2.1 | 8.4 | 67.1% |
| Hungary | 2.0 | 2.9 | 3.7 | 5.0 | 35.7% |
| France | 1.8 | 2.2 | 2.4 | 4.5 | 35.7% |
| Poland | 1.9 | 2.1 | 3.2 | 4.1 | 29.2% |
| Slovakia | 3.6 | 3.9 | 4.1 | 4.0 | 3.6% |
| Slovenia | 1.8 | 2.7 | 3.8 | 2.7 | 14.5% |
| Greece | 2.1 | 1.6 | 1.1 | 1.4 | -12.6% |
| Czech Republic | 3.5 | 1.9 | 1.4 | 0.5 | -47.7% |
| Others | 8.1 | 9.1 | 9.8 | 24.4 | 44.4% |
| Total | 97.3 | 98.5 | 99.4 | 153 | 16.3% |
Top Export Markets for Base Metal Closure from Austria in 2022:
- Switzerland (7.3K tons)
- Germany (4.7K tons)
- Slovakia (1.2K tons)
- Poland (0.6K tons)
- Hungary (0.5K tons)
- United States (0.5K tons)
- Slovenia (0.5K tons)
- Greece (0.3K tons)
- France (0.3K tons)
- Czech Republic (0.1K tons)
This report provides an in-depth analysis of the base metal closure market in Austria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25921370 - Base metal closures, stoppers, caps and lids (excluding of lead, crown corks, aluminium closures, stoppers, caps and lids of a diameter > .21 mm)
Country coverage:
- Austria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Austria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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