Luxembourg - Base Metal Closures, Stoppers, Caps And Lids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBase Metal Closure Price in Luxembourg - 2023
Contents:
- Base Metal Closure Price in Luxembourg (CIF) - 2022
- Base Metal Closure Price in Luxembourg (FOB) - 2022
- Base Metal Closure Imports in Luxembourg
- Base Metal Closure Exports in Luxembourg
Base Metal Closure Price in Luxembourg (CIF) - 2022
The average base metal closure import price stood at $7,404 per ton in 2022, growing by 59% against the previous year. Over the period under review, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +8.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, base metal closure import price increased by +74.4% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 79%. The import price peaked in 2022 and is likely to see steady growth in years to come.
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 Japan ($46,436 per ton), while the price for Belgium ($2,176 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Metal Closure Price in Luxembourg (FOB) - 2022
The average base metal closure export price stood at $21,210 per ton in 2022, increasing by 31% against the previous year. In general, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the average export price increased by 60%. As a result, the export price reached the peak level of $24,467 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($65,378 per ton), while the average price for exports to France ($15,394 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 Austria (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.
Base Metal Closure Imports in Luxembourg
In 2022, after three years of growth, there was significant decline in purchases abroad of base metal closures, stoppers, caps and lids, when their volume decreased by -8.2% to 741 tons. The total import volume increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 12%. As a result, imports reached the peak of 807 tons, and then declined in the following year.
In value terms, base metal closure imports surged to $5.5M in 2022. Overall, imports, however, enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Base Metal Closure in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 721 | 839 | 1,083 | 1,396 | 24.6% |
| France | 908 | 909 | 818 | 1,307 | 12.9% |
| Japan | 398 | 387 | 736 | 1,161 | 42.9% |
| Germany | 566 | 603 | 811 | 794 | 11.9% |
| Austria | 59.9 | 45.8 | 154 | 540 | 108.1% |
| Italy | 107 | 142 | 13.2 | 153 | 12.7% |
| Belgium | 73.6 | 82.2 | 87.9 | 61.5 | -5.8% |
| Others | 81.1 | 59.1 | 48.3 | 71.1 | -4.3% |
| Total | 2,914 | 3,067 | 3,751 | 5,484 | 23.5% |
Top Suppliers of Base Metal Closure to Luxembourg in 2022:
- Spain (479.1 tons)
- Germany (81.7 tons)
- France (60.9 tons)
- Italy (35.7 tons)
- Belgium (28.3 tons)
- Japan (25.0 tons)
- Austria (24.4 tons)
Base Metal Closure Exports in Luxembourg
In 2022, exports of base metal closures, stoppers, caps and lids from Luxembourg skyrocketed to 56 tons, rising by 25% on 2021 figures. Overall, exports saw a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 72% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, base metal closure exports soared to $1.2M in 2022. Over the period under review, exports saw buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Base Metal Closure in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 232 | 210 | 422 | 793 | 50.6% |
| France | 93.8 | 66.2 | 70.5 | 107 | 4.5% |
| Italy | 53.1 | 17.0 | 30.6 | 39.5 | -9.4% |
| Poland | 7.2 | 18.4 | 21.1 | 31.4 | 63.4% |
| United Kingdom | 22.2 | 37.2 | 22.7 | 28.2 | 8.3% |
| Turkey | 21.4 | 17.9 | 28.6 | 27.1 | 8.2% |
| Czech Republic | 28.0 | 22.3 | 20.4 | 26.7 | -1.6% |
| Switzerland | 140 | 12.8 | 3.7 | 17.9 | -49.6% |
| Israel | 66.3 | 0.4 | 0.9 | 1.3 | -73.0% |
| Others | 124 | 143 | 109 | 126 | 0.5% |
| Total | 789 | 546 | 729 | 1,197 | 14.9% |
Top Export Markets for Base Metal Closure from Luxembourg in 2022:
- Germany (39.1 tons)
- France (6.9 tons)
- Turkey (1.4 tons)
- Czech Republic (1.2 tons)
- Poland (1.2 tons)
- United Kingdom (1.1 tons)
- Switzerland (1.1 tons)
- Italy (0.7 tons)
- Israel (0.1 tons)
This report provides an in-depth analysis of the base metal closure market in Luxembourg. 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:
- Luxembourg
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Luxembourg
- 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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