Ireland - Glass Stoppers, Lids and Other Closures - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGlass Closure Price in Ireland - 2023
Contents:
- Glass Closure Price in Ireland (CIF) - 2023
- Glass Closure Price in Ireland (FOB) - 2022
- Glass Closure Imports in Ireland
- Glass Closure Exports in Ireland
Glass Closure Price in Ireland (CIF) - 2023
The average glass closure import price stood at $13,707 per ton in August 2023, reducing by -13.4% against the previous month. Overall, the import price showed a slight slump. The growth pace was the most rapid in December 2022 an increase of 76% m-o-m. As a result, import price reached the peak level of $17,301 per ton. From January 2023 to August 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Italy ($19,295 per ton), while the price for Belgium ($5,421 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Glass Closure Price in Ireland (FOB) - 2022
In 2022, the average glass closure export price amounted to $11,804 per ton, stabilizing at the previous year. Overall, the export price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 112%. Over the period under review, the average export prices reached the maximum at $48,500 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($28,229 per ton), while the average price for exports to the UK ($4,325 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 the UK (+8.7%).
Glass Closure Imports in Ireland
Glass closure imports into Ireland stood at 344 tons in 2022, remaining constant against the year before. Over the period under review, imports showed a significant increase. The smallest decline of -17.5% was in 2020. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, glass closure imports totaled $4.1M in 2022. Overall, imports showed significant growth. The smallest decline of -1% was in 2020. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Glass Closure in Ireland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 10.3 | 0.6 | N/A | 3,141 | 573.1% |
Austria | 1.0 | 1.2 | N/A | 263 | 540.7% |
United Kingdom | 767 | 787 | N/A | 134 | -44.1% |
Nicaragua | N/A | N/A | N/A | 106 | 0% |
Germany | 110 | 40.4 | N/A | 102 | -2.5% |
China | 29.2 | 49.1 | N/A | 87.5 | 44.2% |
France | 17.0 | 2.6 | N/A | 69.7 | 60.1% |
Poland | 88.6 | 42.0 | N/A | 33.1 | -28.0% |
Others | 81.1 | 170 | N/A | 192 | 33.3% |
Total | 1,104 | 1,093 | N/A | 4,128 | 55.2% |
Top Suppliers of Glass Closure to Ireland in 2022:
- Italy (268.3 tons)
- Germany (15.3 tons)
- China (14.0 tons)
- Austria (13.4 tons)
- United Kingdom (11.1 tons)
- Nicaragua (6.7 tons)
- France (5.4 tons)
- Poland (3.3 tons)
Glass Closure Exports in Ireland
In 2022, overseas shipments of glass stoppers, lids and other closures decreased by 0% to 1.7 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 98% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, glass closure exports amounted to $20K in 2022. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 91%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Glass Closure in Ireland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mauritius | N/A | N/A | N/A | 10.4 | 0% |
Italy | N/A | N/A | N/A | 5.2 | 0% |
United States | 4.4 | 9.2 | N/A | 4.3 | -0.8% |
United Kingdom | N/A | N/A | N/A | 0.2 | 0% |
Others | 0.5 | 0.3 | N/A | N/A | -40.0% |
Total | 4.9 | 9.4 | N/A | 20.2 | 60.3% |
Top Export Markets for Glass Closure from Ireland in 2022:
- Italy (782.0 kg)
- Mauritius (732.0 kg)
- United States (153.0 kg)
- United Kingdom (40.0 kg)
This report provides an in-depth analysis of the glass closure market in Ireland. 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 23131110 - Glass preserving jars, stoppers, lids and other closures (including stoppers and closures of any material presented with the containers for which they are intended)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ireland
- 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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