Spain - Glass Stoppers, Lids and Other Closures - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGlass Closure Price in Spain - 2023
Contents:
- Glass Closure Price in Spain (CIF) - 2022
- Glass Closure Price in Spain (FOB) - 2022
- Glass Closure Imports in Spain
- Glass Closure Exports in Spain
Glass Closure Price in Spain (CIF) - 2022
The average glass closure import price stood at $2,408 per ton in 2022, declining by -17.3% against the previous year. Overall, the import price showed a pronounced contraction. The pace of growth was the most pronounced in 2020 an increase of 66%. As a result, import price reached the peak level of $7,376 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($9,846 per ton), while the price for France ($1,623 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Glass Closure Price in Spain (FOB) - 2022
The average glass closure export price stood at $5,609 per ton in 2022, rising by 22% against the previous year. Overall, the export price recorded a remarkable increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 49%. As a result, the export price reached the peak level of $6,661 per ton. From 2020 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Portugal ($11,000 per ton), while the average price for exports to Costa Rica ($820 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 Portugal (+18.4%), while the prices for the other major destinations experienced more modest paces of growth.
Glass Closure Imports in Spain
In 2022, the amount of glass stoppers, lids and other closures imported into Spain declined significantly to 4.3K tons, falling by -53.3% compared with the year before. Overall, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 413% against the previous year. As a result, imports reached the peak of 9.2K tons, and then plummeted in the following year.
In value terms, glass closure imports shrank rapidly to $10M in 2022. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 103% against the previous year. As a result, imports reached the peak of $27M, and then contracted sharply in the following year.
| Import of Glass Closure in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 0.3 | 0.4 | 11.6 | 4.7 | 150.2% |
| China | 1.8 | 1.8 | 3.6 | 3.0 | 18.6% |
| Czech Republic | 0.1 | 0.1 | 0.3 | 0.5 | 71.0% |
| Italy | 6.9 | 10.0 | 8.8 | 0.4 | -61.3% |
| Germany | 0.4 | 0.4 | 0.7 | 0.3 | -9.1% |
| Others | 0.9 | 0.5 | 1.6 | 1.5 | 18.6% |
| Total | 10.4 | 13.2 | 26.7 | 10.3 | -0.3% |
Top Suppliers of Glass Closure to Spain in 2022:
- France (2870.2 tons)
- China (901.8 tons)
- Czech Republic (152.4 tons)
- Italy (123.7 tons)
- Germany (33.3 tons)
Glass Closure Exports in Spain
In 2022, after three years of growth, there was significant decline in shipments abroad of glass stoppers, lids and other closures, when their volume decreased by -20.8% to 579 tons. Overall, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 151% against the previous year. As a result, the exports attained the peak of 731 tons, and then contracted significantly in the following year.
In value terms, glass closure exports contracted modestly to $3.2M in 2022. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 76% against the previous year. As a result, the exports reached the peak of $3.3M, and then dropped in the following year.
| Export of Glass Closure in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 76.9 | 220 | 741 | 747 | 113.4% |
| France | 253 | 216 | 652 | 664 | 37.9% |
| Italy | 180 | 254 | 757 | 599 | 49.3% |
| Poland | 48.8 | 25.3 | 67.4 | 176 | 53.4% |
| Switzerland | 3.6 | 3.0 | 24.1 | 94.5 | 197.2% |
| Mexico | 3.9 | 8.1 | 49.4 | 90.7 | 185.4% |
| Algeria | 58.5 | 53.2 | 60.9 | 84.4 | 13.0% |
| Peru | 2.1 | 8.0 | 5.4 | 42.5 | 172.5% |
| Slovenia | 17.1 | 23.1 | 16.0 | 40.2 | 33.0% |
| Cuba | 2.5 | 1.6 | 73.1 | 34.4 | 139.6% |
| Costa Rica | 46.1 | 2.1 | 5.6 | 6.4 | -48.2% |
| Others | 689 | 1,091 | 895 | 666 | -1.1% |
| Total | 1,382 | 1,905 | 3,347 | 3,245 | 32.9% |
Top Export Markets for Glass Closure from Spain in 2022:
- France (241.6 tons)
- Italy (82.9 tons)
- Portugal (67.9 tons)
- Poland (30.2 tons)
- Algeria (18.4 tons)
- Mexico (16.7 tons)
- Switzerland (12.0 tons)
- Cuba (11.8 tons)
- Peru (10.8 tons)
- Slovenia (9.8 tons)
- Costa Rica (7.8 tons)
This report provides an in-depth analysis of the glass closure market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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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