Brazil - Base Metal Closures, Stoppers, Caps And Lids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBase Metal Closure Price in Brazil - 2023
Contents:
- Base Metal Closure Price in Brazil (FOB) - 2023
- Base Metal Closure Price in Brazil (CIF) - 2022
- Base Metal Closure Exports in Brazil
- Base Metal Closure Imports in Brazil
Base Metal Closure Price in Brazil (FOB) - 2023
In July 2023, the average base metal closure export price amounted to $9,915 per ton, rising by 5.5% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 11% month-to-month. Over the period under review, the average export prices reached the peak figure in July 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Bolivia ($14,683 per ton), while the average price for exports to Venezuela ($1,000 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.
Base Metal Closure Price in Brazil (CIF) - 2022
The average base metal closure import price stood at $7,674 per ton in 2022, picking up by 24% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $7,807 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 Argentina ($16,562 per ton), while the price for Ecuador ($3,821 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Metal Closure Exports in Brazil
Base metal closure exports from Brazil shrank to 11K tons in 2022, with a decrease of -13.1% compared with the previous year. In general, exports recorded a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 8.1%.
In value terms, base metal closure exports fell to $98M in 2022. Overall, exports showed a pronounced downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 12%. As a result, the exports reached the peak of $113M, and then contracted in the following year.
Export of Base Metal Closure in Brazil (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Argentina | 39.8 | 53.8 | 58.9 | 44.7 | 3.9% |
Colombia | 9.2 | 11.3 | 10.4 | 20.9 | 31.5% |
Chile | 33.8 | 20.3 | 27.3 | 9.2 | -35.2% |
Peru | 3.1 | 4.0 | 4.3 | 8.0 | 37.2% |
Ecuador | 0.2 | 0.4 | 1.6 | 3.0 | 146.6% |
Venezuela | 0.1 | 0.5 | 1.2 | 2.3 | 184.4% |
Spain | N/A | N/A | N/A | 1.7 | 0% |
Uruguay | 1.3 | 1.3 | 1.7 | 1.5 | 4.9% |
Bolivia | 5.0 | 5.1 | 0.2 | 1.4 | -34.6% |
Paraguay | 12.0 | 2.4 | 1.0 | 0.6 | -63.2% |
United States | 6.1 | 0.2 | 3.0 | 0.4 | -59.7% |
Others | 2.5 | 2.3 | 3.7 | 4.1 | 17.9% |
Total | 113 | 101 | 113 | 97.9 | -4.7% |
Top Export Markets for Base Metal Closure from Brazil in 2022:
- Argentina (4829.9 tons)
- Colombia (2454.6 tons)
- Chile (1002.9 tons)
- Peru (874.7 tons)
- Spain (423.6 tons)
- Venezuela (331.0 tons)
- Ecuador (329.0 tons)
- Uruguay (215.0 tons)
- Bolivia (170.5 tons)
- Paraguay (68.4 tons)
- United States (37.9 tons)
Base Metal Closure Imports in Brazil
In 2022, supplies from abroad of base metal closures, stoppers, caps and lids decreased by -0.1% to 9.8K tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 5.6%. As a result, imports reached the peak of 10K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, base metal closure imports skyrocketed to $75M in 2022. The total import value increased at an average annual rate of +10.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Base Metal Closure in Brazil (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 10.8 | 16.2 | 9.6 | 12.7 | 5.6% |
United States | 5.2 | 3.8 | 4.1 | 8.0 | 15.4% |
Paraguay | N/A | N/A | N/A | 5.7 | 0% |
Peru | 2.1 | 3.7 | 4.1 | 4.8 | 31.7% |
Spain | 5.9 | 4.6 | 4.2 | 4.6 | -8.0% |
Argentina | 3.7 | 2.7 | 3.2 | 4.6 | 7.5% |
Netherlands | 2.5 | 3.7 | 4.3 | 4.3 | 19.8% |
Chile | 2.8 | 4.2 | 3.8 | 4.3 | 15.4% |
China | 1.5 | 1.8 | 4.6 | 4.3 | 42.1% |
Malaysia | 0.7 | 0.9 | 2.4 | 3.3 | 67.7% |
India | 1.6 | 1.8 | 2.7 | 2.4 | 14.5% |
Ecuador | N/A | 0.7 | 0.7 | 2.0 | 69.0% |
Mexico | 6.2 | 4.0 | 2.1 | 1.4 | -39.1% |
Others | 13.2 | 10.3 | 14.8 | 12.7 | -1.3% |
Total | 56.3 | 58.5 | 60.6 | 75.0 | 10.0% |
Top Suppliers of Base Metal Closure to Brazil in 2022:
- Italy (1917.9 tons)
- Spain (1053.6 tons)
- Peru (1003.5 tons)
- China (837.6 tons)
- United States (756.7 tons)
- Malaysia (723.6 tons)
- Paraguay (610.6 tons)
- Ecuador (515.0 tons)
- India (434.6 tons)
- Netherlands (432.8 tons)
- Chile (285.8 tons)
- Argentina (278.2 tons)
- Mexico (228.6 tons)
This report provides an in-depth analysis of the base metal closure market in Brazil. 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:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- 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
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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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Explore the world's best import markets for base metal closure in 2022. Find out the key statistics and import values of the top countries. Learn about the demand drivers and growth potentials in these markets.
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Explore the world's best import markets for base metal closure in 2022. Find out the key statistics and import values of the top countries. Learn about the demand drivers and growth potentials in these markets.