New Zealand - Base Metal Closures, Stoppers, Caps And Lids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBase Metal Closure Price in New Zealand - 2023
Contents:
- Base Metal Closure Price in New Zealand (CIF) - 2022
- Base Metal Closure Price in New Zealand (FOB) - 2022
- Base Metal Closure Imports in New Zealand
- Base Metal Closure Exports in New Zealand
Base Metal Closure Price in New Zealand (CIF) - 2022
In 2022, the average base metal closure import price amounted to $6,630 per ton, with an increase of 1.8% against the previous year. Overall, the import price, however, recorded a noticeable decline. The pace of growth was the most pronounced in 2021 an increase of 9.8% against the previous year. The import price peaked at $8,462 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Australia ($6,722 per ton) and Italy ($6,722 per ton), while the price for the Czech Republic ($6,347 per ton) and South Korea ($6,355 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Metal Closure Price in New Zealand (FOB) - 2022
The average base metal closure export price stood at $6,877 per ton in 2022, leveling off at the previous year. Overall, the export price, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2015 when the average export price increased by 205% against the previous year. Over the period under review, the average export prices hit record highs at $14,300 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Samoa ($6,987 per ton) and China ($6,987 per ton), while the average price for exports to Papua New Guinea ($6,219 per ton) and Chile ($6,986 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+3.8%), while the prices for the other major destinations experienced mixed trend patterns.
Base Metal Closure Imports in New Zealand
In 2022, base metal closure imports into New Zealand surged to 10K tons, increasing by 21% against 2021 figures. The total import volume increased at an average annual rate of +12.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, base metal closure imports skyrocketed to $69M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.5% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Base Metal Closure in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 18.4 | 21.6 | 27.0 | 32.2 | 20.5% |
| China | 7.9 | 5.3 | 7.8 | 9.3 | 5.6% |
| Italy | 4.6 | 7.6 | 7.2 | 8.5 | 22.7% |
| South Korea | 6.9 | 5.4 | 4.4 | 6.5 | -2.0% |
| Thailand | 0.5 | 1.5 | 2.6 | 3.1 | 83.7% |
| Saudi Arabia | 0.6 | 2.5 | 2.0 | 2.4 | 58.7% |
| Czech Republic | 2.0 | 0.9 | 0.8 | 1.4 | -11.2% |
| Others | 3.4 | 3.6 | 4.2 | 5.5 | 17.4% |
| Total | 44.4 | 48.5 | 56.0 | 69.0 | 15.8% |
Top Suppliers of Base Metal Closure to New Zealand in 2022:
- Australia (4.8K tons)
- China (1.4K tons)
- Italy (1.3K tons)
- South Korea (1.0K tons)
- Thailand (0.5K tons)
- Saudi Arabia (0.4K tons)
- Czech Republic (0.2K tons)
Base Metal Closure Exports in New Zealand
In 2022, shipments abroad of base metal closures, stoppers, caps and lids decreased by -10.1% to 359 tons, falling for the second consecutive year after two years of growth. Overall, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +16.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -10.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 77%. As a result, the exports reached the peak of 400 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, base metal closure exports declined to $2.5M in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.5% 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 +75.2% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 72% against the previous year.
| Export of Base Metal Closure in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 1,177 | 830 | 1,360 | 1,423 | 6.5% |
| Papua New Guinea | 1.5 | 846 | 0.3 | 291 | 478.9% |
| Chile | 29.0 | 236 | 260 | 272 | 110.9% |
| United States | 28.1 | 372 | 245 | 257 | 109.1% |
| China | 0.1 | 61.4 | 66.9 | 70.0 | 787.9% |
| Samoa | 39.9 | 10.9 | 46.7 | 48.9 | 7.0% |
| South Korea | 6.1 | N/A | 653 | N/A | 934.6% |
| Others | 127 | 67.9 | 90.9 | 104 | -6.4% |
| Total | 1,408 | 2,426 | 2,724 | 2,467 | 20.6% |
Top Export Markets for Base Metal Closure from New Zealand in 2022:
- Australia (203.7 tons)
- Papua New Guinea (46.9 tons)
- Chile (39.0 tons)
- United States (36.8 tons)
- China (10.0 tons)
- Samoa (7.0 tons)
This report provides an in-depth analysis of the base metal closure market in New Zealand. 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:
- New Zealand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in New Zealand
- 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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