Sweden - Plastic Stoppers, Caps and Closures - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPlastic Closure Price in Sweden - 2023
Contents:
- Plastic Closure Price in Sweden (CIF) - 2022
- Plastic Closure Price in Sweden (FOB) - 2023
- Plastic Closure Imports in Sweden
- Plastic Closure Exports in Sweden
Plastic Closure Price in Sweden (CIF) - 2022
In 2022, the average plastic closure import price amounted to $3,588 per ton, shrinking by -30% against the previous year. In general, the import price recorded a pronounced decline. The most prominent rate of growth was recorded in 2013 when the average import price increased by 48%. As a result, import price attained the peak level of $7,233 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($13,233 per ton), while the price for Germany ($1,858 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Closure Price in Sweden (FOB) - 2023
The average plastic closure export price stood at $7,317 per ton in July 2023, rising by 5.7% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in January 2023 when the average export price increased by 6.7% against the previous month. Over the period under review, the average export prices hit record highs at $7,586 per ton in April 2023; however, from May 2023 to July 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was France ($15,067 per ton), while the average price for exports to Morocco ($5,389 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 (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Closure Imports in Sweden
In 2022, plastic closure imports into Sweden skyrocketed to 33K tons, rising by 44% on 2021 figures. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 49%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, plastic closure imports amounted to $117M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +10.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.1% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 35% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
Import of Plastic Closure in Sweden (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 19.6 | 26.9 | 39.1 | 40.2 | 27.1% |
Italy | 10.6 | 9.0 | 10.7 | 10.9 | 0.9% |
Denmark | 5.7 | 6.1 | 8.2 | 7.5 | 9.6% |
China | 3.1 | 3.7 | 5.0 | 7.5 | 34.2% |
Netherlands | 4.8 | 4.6 | 6.3 | 7.2 | 14.5% |
Finland | 5.9 | 5.8 | 6.6 | 7.1 | 6.4% |
Lithuania | 3.2 | 3.1 | 3.4 | 4.4 | 11.2% |
Poland | 3.2 | 3.5 | 4.3 | 3.8 | 5.9% |
France | 4.9 | 3.5 | 3.2 | 3.7 | -8.9% |
United Kingdom | 3.6 | 2.4 | 3.4 | 2.9 | -7.0% |
Estonia | 3.4 | 1.1 | 0.8 | 0.5 | -47.2% |
Others | 18.5 | 16.5 | 25.5 | 21.7 | 5.5% |
Total | 86.5 | 86.1 | 116 | 117 | 10.6% |
Top Suppliers of Plastic Closure to Sweden in 2022:
- Germany (21.6K tons)
- Finland (1.4K tons)
- Denmark (1.3K tons)
- Lithuania (1.2K tons)
- Italy (1.1K tons)
- China (1.1K tons)
- Netherlands (0.7K tons)
- Poland (0.7K tons)
- France (0.5K tons)
- United Kingdom (0.4K tons)
- Estonia (0.1K tons)
Plastic Closure Exports in Sweden
In 2022, after three years of growth, there was significant decline in overseas shipments of plastic stoppers, caps and closures, when their volume decreased by -12.1% to 13K tons. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 7.7%. As a result, the exports reached the peak of 14K tons, and then fell in the following year.
In value terms, plastic closure exports contracted to $84M in 2022. The total export value increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 21% against the previous year. As a result, the exports attained the peak of $96M, and then fell in the following year.
Export of Plastic Closure in Sweden (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Norway | 18.7 | 19.7 | 21.2 | 19.1 | 0.7% |
Finland | 11.5 | 10.6 | 12.2 | 10.7 | -2.4% |
Denmark | 9.0 | 9.7 | 10.3 | 10.0 | 3.6% |
Germany | 11.2 | 11.1 | 13.5 | 9.9 | -4.0% |
Hungary | 0.6 | 1.3 | 3.7 | 4.7 | 98.6% |
United Kingdom | 2.5 | 2.6 | 4.0 | 3.5 | 11.9% |
Poland | 2.2 | 2.7 | 2.7 | 3.1 | 12.1% |
Netherlands | 1.3 | 2.3 | 2.3 | 1.9 | 13.5% |
China | 1.6 | 0.6 | 1.9 | 1.7 | 2.0% |
Belgium | 1.0 | 2.1 | 1.6 | 1.6 | 17.0% |
Estonia | 1.1 | 1.4 | 1.3 | 1.4 | 8.4% |
Ireland | 0.1 | 0.2 | 1.4 | 1.4 | 141.0% |
Spain | 1.1 | 1.1 | 1.3 | 1.4 | 8.4% |
Others | 13.5 | 14.1 | 18.7 | 14.2 | 1.7% |
Total | 75.4 | 79.6 | 96.2 | 84.4 | 3.8% |
Top Export Markets for Plastic Closure from Sweden in 2022:
- Norway (3342.5 tons)
- Finland (1602.5 tons)
- Denmark (1551.8 tons)
- Germany (1158.3 tons)
- Hungary (685.0 tons)
- United Kingdom (516.2 tons)
- Poland (462.9 tons)
- China (354.9 tons)
- Belgium (238.0 tons)
- Estonia (236.0 tons)
- Netherlands (231.2 tons)
- Ireland (227.0 tons)
- Spain (204.3 tons)
This report provides an in-depth analysis of the plastic closure market in Sweden. 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:
- Sweden
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sweden
- 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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