Italy - Plastic Stoppers, Caps and Closures - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPlastic Closure Price in Italy - 2023
Contents:
- Plastic Closure Price in Italy (FOB) - 2023
- Plastic Closure Price in Italy (CIF) - 2023
- Plastic Closure Exports in Italy
- Plastic Closure Imports in Italy
Plastic Closure Price in Italy (FOB) - 2023
The average plastic closure export price stood at $8,786 per ton in July 2023, which is down by -2.8% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.2%. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 22% against the previous month. The export price peaked at $9,037 per ton in June 2023, and then fell modestly in the following month.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was the United States ($17,903 per ton), while the average price for exports to Austria ($1,030 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Closure Price in Italy (CIF) - 2023
In July 2023, the average plastic closure import price amounted to $4,424 per ton, reducing by -24.4% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 an increase of 66% month-to-month. The import price peaked at $8,039 per ton in April 2023; however, from May 2023 to July 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($22,793 per ton), while the price for Hungary ($427 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by France (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Closure Exports in Italy
Plastic closure exports from Italy rose remarkably to 76K tons in 2022, picking up by 5.6% against the previous year's figure. The total export volume increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, plastic closure exports expanded markedly to $571M in 2022. The total export value increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Plastic Closure in Italy (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 96.1 | 84.2 | 90.6 | 100 | 1.3% |
Germany | 41.2 | 42.3 | 52.2 | 54.8 | 10.0% |
Spain | 51.2 | 52.1 | 45.5 | 49.9 | -0.9% |
United States | 36.9 | 34.6 | 41.2 | 43.9 | 6.0% |
United Kingdom | 37.7 | 35.7 | 30.4 | 34.0 | -3.4% |
Poland | 27.9 | 26.4 | 32.2 | 33.8 | 6.6% |
Netherlands | 10.9 | 11.4 | 17.3 | 18.0 | 18.2% |
Greece | 10.2 | 10.9 | 11.2 | 17.7 | 20.2% |
Mexico | 4.5 | 7.2 | 9.2 | 16.5 | 54.2% |
Switzerland | 22.1 | 29.9 | 13.6 | 14.6 | -12.9% |
Turkey | 14.7 | 13.5 | 12.5 | 10.9 | -9.5% |
Belgium | 6.8 | 8.7 | 12.1 | 10.2 | 14.5% |
Hungary | 9.8 | 8.0 | 9.5 | 8.5 | -4.6% |
Others | 135 | 135 | 139 | 158 | 5.4% |
Total | 505 | 500 | 517 | 571 | 4.2% |
Top Export Markets for Plastic Closure from Italy in 2022:
- France (13.5K tons)
- Spain (9.1K tons)
- Germany (7.7K tons)
- Poland (4.0K tons)
- United Kingdom (3.9K tons)
- United States (3.7K tons)
- Netherlands (2.7K tons)
- Greece (2.6K tons)
- Turkey (1.8K tons)
- Hungary (1.7K tons)
- Belgium (1.6K tons)
- Mexico (1.5K tons)
- Switzerland (1.5K tons)
Plastic Closure Imports in Italy
For the fourth year in a row, Italy recorded growth in supplies from abroad of plastic stoppers, caps and closures, which increased by 24% to 90K tons in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +16.3% 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 +57.2% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, plastic closure imports surged to $433M in 2022. The total import value increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Plastic Closure in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 94.1 | 72.2 | 76.1 | 99.5 | 1.9% |
Germany | 68.5 | 66.5 | 70.1 | 78.9 | 4.8% |
China | 24.3 | 29.1 | 42.2 | 57.4 | 33.2% |
Belgium | 25.7 | 22.2 | 25.6 | 38.1 | 14.0% |
Spain | 25.4 | 28.9 | 34.3 | 34.5 | 10.7% |
Hungary | 7.2 | 9.0 | 13.3 | 17.0 | 33.2% |
Poland | 13.2 | 14.0 | 15.9 | 15.1 | 4.6% |
Netherlands | 8.4 | 10.1 | 10.3 | 9.7 | 4.9% |
Austria | 6.6 | 8.0 | 8.2 | 9.1 | 11.3% |
United Kingdom | 14.6 | 14.9 | 9.6 | 8.3 | -17.2% |
Moldova | 6.1 | 3.5 | 4.6 | 7.3 | 6.2% |
Switzerland | 8.5 | 9.5 | 8.4 | 6.7 | -7.6% |
Others | 33.5 | 33.2 | 42.8 | 51.7 | 15.6% |
Total | 336 | 321 | 361 | 433 | 8.8% |
Top Suppliers of Plastic Closure to Italy in 2022:
- France (28.7K tons)
- Germany (15.3K tons)
- Hungary (13.8K tons)
- Spain (5.9K tons)
- Belgium (5.7K tons)
- Poland (3.0K tons)
- China (2.8K tons)
- Moldova (2.4K tons)
- Austria (1.8K tons)
- Netherlands (1.6K tons)
- Switzerland (1.5K tons)
- United Kingdom (0.9K tons)
This report provides an in-depth analysis of the plastic closure market in Italy. 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 22221920 - Plastic caps and capsules for bottles
- Prodcom 22221930 - Plastic stoppers, lids, caps and other closures (excluding for bottles)
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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
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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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The growth rate of Plastic Closure exports peaked in September 2023 with a 17% month-on-month increase. However, in November 2023, the value of plastic closure exports decreased to $47M.
In March 2023, the plastic closure price amounted to $8,334 per ton (FOB, Italy), falling by -6.4% against the previous month.
The rate of growth for Plastic Support reached its highest point in September 2022, with a significant month-to-month increase of 31%. In terms of value, the exports of Plastic Support amounted to $60M in July 2023.
During the analyzed period, the export of Plastic Bags maintained a steady trend with no significant changes. Notably, the value of Plastic Bag exports reached an impressive $56M in September 2023.
The growth pace of Plastic Supports was the most rapid in September 2023 when exports increased by 78% month-to-month. In value terms, exports shrank slightly to $7.1M in November 2023.
In January 2023, the price of plastic containers per ton (FOB, Italy) was $5,047, a 3.1% increase from the previous month.
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In value terms, stoppers, caps, lids imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable f...
In value terms, stoppers, caps, lids exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some not...