Report Update: May 1, 2024

Chile - Iron Or Steel Crown Corks - Market Analysis, Forecast, Size, Trends And Insights

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Metal Crown Cork Price in Chile - 2023

Metal Crown Cork Price in Chile (CIF) - 2022

The average metal crown cork import price stood at $9 per thousand units in 2022, surging by 20% against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. The pace of growth was the most pronounced in 2021 when the average import price increased by 25%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Mexico ($9.3 per thousand units) and Spain ($9.1 per thousand units), while the price for Argentina ($7 per thousand units) and Peru ($8 per thousand units) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Metal Crown Cork Price in Chile (FOB) - 2022

In 2022, the average metal crown cork export price amounted to $22 per thousand units, picking up by 25% against the previous year. In general, the export price saw a pronounced increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 78%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($22 per thousand units), while the average price for exports to Germany amounted to $16 per thousand units.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+20.1%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Crown Cork Imports in Chile

Metal crown cork imports into Chile totaled 1.1B units in 2022, increasing by 9.7% against the year before. The total import volume increased at an average annual rate of +8.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, metal crown cork imports surged to $9.9M in 2022. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 52% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Metal Crown Cork in Chile (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Mexico	4.0	3.7	5.2	7.4	22.8%
Brazil	0.1	0.1	1.1	0.8	100.0%
Peru	0.3	0.3	0.4	0.7	32.6%
Argentina	N/A	0.1	0.1	0.4	100.0%
Spain	0.1	0.3	0.1	0.3	44.2%
Others	0.3	0.5	0.6	0.2	-12.6%
Total	4.8	5.0	7.5	9.9	27.3%

Top Suppliers of Metal Crown Cork to Chile in 2022:

Mexico (797.5M units)
Brazil (104.4M units)
Peru (92.6M units)
Argentina (58.8M units)
Spain (30.5M units)

Metal Crown Cork Exports in Chile

In 2022, the amount of iron or steel crown corks exported from Chile surged to 212K units, increasing by 42% compared with the previous year. Over the period under review, exports, however, continue to indicate a sharp downturn. The pace of growth appeared the most rapid in 2021 with an increase of 214% against the previous year. The exports peaked at 913K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, metal crown cork exports soared to $4.6K in 2022. In general, exports, however, continue to indicate a deep setback. The pace of growth was the most pronounced in 2021 when exports increased by 327% against the previous year. The exports peaked at $6.6K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Metal Crown Cork in Chile (USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Uruguay	133	13.0	67.0	4,479	222.9%
Germany	97.0	4.0	10.0	125	8.8%
Ecuador	1,079	103	521	N/A	-30.5%
Peru	961	59.0	193	N/A	-55.2%
United States	4,300	430	1,815	N/A	-35.0%
Others	14.0	2.0	1.0	N/A	-73.3%
Total	6,584	611	2,607	4,604	-11.2%

Top Export Markets for Metal Crown Cork from Chile in 2022:

Uruguay (204.1K units)
Germany (8.0K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal crown cork market in Chile. 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 25921330 - Iron or steel crown corks

Country coverage:

Chile

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Chile
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023