Singapore - Glass Stoppers, Lids and Other Closures - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingGlass Closure Price in Singapore - 2022
Contents:
- Glass Closure Price in Singapore (CIF) - 2022
- Glass Closure Price in Singapore (FOB) - 2022
- Glass Closure Imports in Singapore
- Glass Closure Exports in Singapore
Glass Closure Price in Singapore (CIF) - 2022
The average glass closure import price stood at $3,867 per ton in 2022, jumping by 16% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($5,742 per ton), while the price for Italy ($3,306 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Glass Closure Price in Singapore (FOB) - 2022
The average glass closure export price stood at $12,438 per ton in 2022, surging by 189% against the previous year. In general, the export price posted prominent growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($14,784 per ton), while the average price for exports to Malaysia ($4,293 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 China (+17.8%), while the prices for the other major destinations experienced a decline.
Glass Closure Imports in Singapore
In 2022, glass closure imports into Singapore declined sharply to 37 tons, which is down by -56.5% compared with the year before. Overall, imports recorded a significant curtailment. The growth pace was the most rapid in 2021 with an increase of 118%. As a result, imports attained the peak of 85 tons, and then fell notably in the following year.
In value terms, glass closure imports contracted sharply to $143K in 2022. Over the period under review, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 114% against the previous year. As a result, imports reached the peak of $283K, and then declined dramatically in the following year.
| Import of Glass Closure in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 107 | 88.4 | 175 | 41.0 | -27.4% |
| United Kingdom | 2.4 | 0.3 | 1.0 | 25.0 | 118.4% |
| United States | 17.7 | 3.4 | 28.4 | 24.8 | 11.9% |
| South Korea | 11.3 | 14.4 | 16.5 | 9.3 | -6.3% |
| Japan | 6.1 | 1.5 | 1.5 | 9.0 | 13.8% |
| Vietnam | N/A | 9.0 | 9.1 | 8.8 | -1.1% |
| Italy | 0.2 | 0.2 | 0.6 | 6.3 | 215.8% |
| France | 15.3 | 6.7 | 2.7 | 3.9 | -36.6% |
| Taiwan (Chinese) | 17.3 | 2.4 | 21.8 | 0.6 | -67.4% |
| Czech Republic | 69.1 | N/A | N/A | N/A | 0% |
| Others | 30.5 | 5.8 | 25.9 | 13.8 | -23.2% |
| Total | 277 | 132 | 283 | 143 | -19.8% |
Top Suppliers of Glass Closure to Singapore in 2022:
- United Kingdom (7.5 tons)
- United States (7.4 tons)
- China (7.1 tons)
- South Korea (2.8 tons)
- Japan (2.7 tons)
- Vietnam (2.6 tons)
- Italy (1.9 tons)
- France (1.2 tons)
- Taiwan (Chinese) (0.2 tons)
Glass Closure Exports in Singapore
For the fourth consecutive year, Singapore recorded growth in shipments abroad of glass stoppers, lids and other closures, which increased by 66% to 47 tons in 2022. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 89% 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 soared to $579K in 2022. In general, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Glass Closure in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 517 | 0% |
| United States | 10.6 | 49.0 | 49.6 | 38.1 | 53.2% |
| Malaysia | 11.6 | 9.3 | 10.0 | 9.3 | -7.1% |
| Indonesia | 57.6 | N/A | 9.8 | 0.9 | -75.0% |
| Philippines | N/A | 15.8 | 45.2 | 0.1 | -92.0% |
| Italy | 13.8 | N/A | N/A | N/A | 0% |
| Others | 28.7 | 29.3 | 6.4 | 13.8 | -21.7% |
| Total | 122 | 103 | 121 | 579 | 68.1% |
Top Export Markets for Glass Closure from Singapore in 2022:
- Philippines (undefined tons)
- China (35.0 tons)
- United States (8.9 tons)
- Malaysia (2.2 tons)
- Indonesia (0.2 tons)
This report provides an in-depth analysis of the glass closure market in Singapore. 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:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- 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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
206
This report provides an in-depth analysis of the glass closure market in Singapore.
570
This report provides an in-depth analysis of the market for glass bottle, jar and container in Singapore.
397
This report provides an in-depth analysis of the glass ampoules market in Singapore.
479
This report provides an in-depth analysis of the calculator market in Singapore.
313
This report provides an in-depth analysis of the global glass closure market.
2146
This report provides an in-depth analysis of the global market for glass bottle, jar and container.
642
This report provides an in-depth analysis of the global glass ampoules market.
928
This report provides an in-depth analysis of the global calculator market.
206
This report provides an in-depth analysis of the glass closure market in Singapore.
570
This report provides an in-depth analysis of the market for glass bottle, jar and container in Singapore.
268
Explore the top import markets for glass bottles, jars, and containers. Discover key statistics and import values of leading countries such as the United States, France, Spain, and more. Make informed business decisions with IndexBox market intelligence.
2936
Global glass container imports totaled X tons in 2016, picking up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from ...
798
Global glass container imports totaled X tons in 2016, picking up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from ...
1356
In consumer's mind, glass is often associated with expensiveness and class, as well as ensuring a longer shelf life and possessing excellent taste preserving qualities. No other packaging material matches the shelf impact of glass, which clarity, shap
1305
With exports on the rise, China seized control of the global market for bottles, jars and other containers of glass. In 2014, China exported X million tons of bottles, jars and other containers of glass totaling X billion USD, X% over the previo
731
In value terms, drawing, marking-out, mathematical calculating instruments imports amounted to $X in 2016. In general, drawing, marking-out, mathematical calculating instruments imports continue to i...
718
In value terms, drawing, marking-out, mathematical calculating instruments exports totaled $X in 2016. In general, drawing, marking-out, mathematical calculating instruments exports continue to ind...
268
Explore the top import markets for glass bottles, jars, and containers. Discover key statistics and import values of leading countries such as the United States, France, Spain, and more. Make informed business decisions with IndexBox market intelligence.
2936
Global glass container imports totaled X tons in 2016, picking up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from ...
798
Global glass container imports totaled X tons in 2016, picking up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from ...
