Norway - Base Metal Closures, Stoppers, Caps And Lids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBase Metal Closure Price in Norway - 2023
Contents:
- Base Metal Closure Price in Norway (CIF) - 2022
- Base Metal Closure Price in Norway (FOB) - 2022
- Base Metal Closure Imports in Norway
- Base Metal Closure Exports in Norway
Base Metal Closure Price in Norway (CIF) - 2022
In 2022, the average base metal closure import price amounted to $7,183 per ton, growing by 9.5% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 17% against the previous year. The import price peaked at $7,317 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
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 the UK ($15,381 per ton), while the price for Germany ($5,799 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Metal Closure Price in Norway (FOB) - 2022
In 2022, the average base metal closure export price amounted to $27,986 per ton, dropping by -31.3% against the previous year. Overall, the export price continues to indicate a noticeable contraction. The growth pace was the most rapid in 2016 when the average export price increased by 118% against the previous year. As a result, the export price reached the peak level of $53,389 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($208,022 per ton), while the average price for exports to Sweden ($7,074 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 Serbia (+885.0%), while the prices for the other major destinations experienced more modest paces of growth.
Base Metal Closure Imports in Norway
In 2022, approx. 2.9K tons of base metal closures, stoppers, caps and lids were imported into Norway; declining by -18.9% against the previous year. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +5.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +23.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. As a result, imports attained the peak of 3.5K tons, and then reduced notably in the following year.
In value terms, base metal closure imports contracted to $21M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +10.3% 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 +34.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 49%. As a result, imports reached the peak of $23M, and then contracted in the following year.
| Import of Base Metal Closure in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 7.1 | 7.9 | 10.8 | 9.6 | 10.6% |
| Poland | 4.5 | 3.3 | 4.3 | 3.8 | -5.5% |
| Germany | 1.2 | 1.4 | 3.1 | 2.8 | 32.6% |
| Italy | 0.5 | 0.5 | 0.9 | 0.8 | 17.0% |
| Finland | N/A | 0.3 | 1.0 | 0.8 | 63.3% |
| Denmark | 0.5 | 0.5 | 0.8 | 0.7 | 11.9% |
| Netherlands | 0.4 | 0.5 | 0.7 | 0.6 | 14.5% |
| Others | 1.1 | 1.1 | 1.6 | 1.4 | 8.4% |
| Total | 15.3 | 15.5 | 23.1 | 20.5 | 10.2% |
Top Suppliers of Base Metal Closure to Norway in 2022:
- Sweden (1262.4 tons)
- Poland (601.2 tons)
- Germany (474.5 tons)
- Italy (125.7 tons)
- Finland (101.0 tons)
- Denmark (96.9 tons)
- Netherlands (68.7 tons)
Base Metal Closure Exports in Norway
In 2022, approx. 6.1 tons of base metal closures, stoppers, caps and lids were exported from Norway; waning by -16.4% compared with 2021 figures. Overall, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 51%. As a result, the exports attained the peak of 7.3 tons, and then contracted rapidly in the following year.
In value terms, base metal closure exports contracted rapidly to $171K in 2022. Over the period under review, exports, however, enjoyed notable growth. The pace of growth appeared the most rapid in 2021 with an increase of 190% against the previous year. As a result, the exports reached the peak of $298K, and then shrank significantly in the following year.
| Export of Base Metal Closure in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 51.2 | 3.8 | 122 | 81.9 | 17.0% |
| United Kingdom | 20.7 | 22.7 | 78.7 | 52.6 | 36.5% |
| Sweden | 40.0 | 13.3 | 15.8 | 14.5 | -28.7% |
| Denmark | 6.9 | 17.1 | 16.3 | 10.9 | 16.5% |
| United States | 5.6 | 7.7 | 11.0 | 7.4 | 9.7% |
| China | N/A | 7.3 | 7.0 | N/A | -4.1% |
| Ireland | N/A | 13.4 | N/A | N/A | 0% |
| Others | 33.1 | 17.6 | 47.2 | 4.2 | -49.7% |
| Total | 158 | 103 | 298 | 171 | 2.7% |
Top Export Markets for Base Metal Closure from Norway in 2022:
- United Kingdom (3.1 tons)
- Sweden (2.0 tons)
- Germany (0.4 tons)
- United States (0.3 tons)
- Denmark (0.2 tons)
This report provides an in-depth analysis of the base metal closure market in Norway. 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:
- Norway
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Norway
- 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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