Asia: Lead Closure Market 2020

Lead Closure Market Size in Asia

The revenue of the lead closure market in Asia amounted to $X in 2017, surging by X% against the previous year. The total market indicated a strong increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2008, with an increase of X% against the previous year. Over the period under review, the lead closure market attained its peak figure level in 2017, and is likely to see steady growth in the immediate term.

Lead Closure Production in Asia

In 2017, approx. X tons of lead stoppers, closures, caps and lids were produced in Asia; picking up by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The pace of growth appeared the most rapid in 2013, when the output figure increased by X% against the previous year. The volume of lead closure production peaked in 2017, and is expected to retain its growth in the near future.

Lead Closure Exports in Asia

The exports totaled X tons in 2017, coming up by X% against the previous year. The total exports indicated a remarkable increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the lead closure exports increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2010, when exports increased by X% y-o-y. The volume of exports peaked in 2017, and are likely to see steady growth in the immediate term.

In value terms, lead closure exports totaled $X in 2017. The lead closure exports continue to indicate a remarkable increase. Over the period under review, the lead closure exports attained its maximum level in 2017, and are expected to retain its growth in the immediate term.

Lead Closure Exports by Country in Asia

China was the main exporter of lead stoppers, closures, caps and lids in Asia, with the volume of exports reaching X tons, which was approx. X% of total exports in 2017. Thailand (X tons) took a X% share (based on tons) of total exports, which put it in second place, followed by India (X%), the United Arab Emirates (X%), Saudi Arabia (X%), South Korea (X%) and Turkey (X%). The following exporters - China, Hong Kong SAR (X tons), Singapore (X tons), Japan (X tons), Malaysia (X tons) and the Philippines (X tons) together made up X% of total exports.

From 2007 to 2017, average annual rates of growth with regard to lead closure exports from China stood at +X%. At the same time, the United Arab Emirates (+X%), South Korea (+X%), Saudi Arabia (+X%), Thailand (+X%), the Philippines (+X%), Turkey (+X%), Singapore (+X%), Malaysia (+X%) and India (+X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. By contrast, Japan (-X%) and China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. China, Hong Kong SAR (X%) significantly strengthened its position in terms of the global exports, while India, Turkey, Saudi Arabia, South Korea, the United Arab Emirates, Thailand and China saw its share reduced by -X%, -X%, -X%, -X%, -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest lead closure supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by Thailand ($X), with a X% share of global exports. It was followed by Saudi Arabia, with a X% share.

In China, lead closure exports increased at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Thailand (+X% per year) and Saudi Arabia (+X% per year).

Lead Closure Export Prices by Country in Asia

In 2017, the lead closure export price in Asia amounted to $X per ton, surging by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, when the export prices increased by X% year-to-year. The level of export price peaked of $X per ton in 2012; however, from 2013 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Saudi Arabia ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Japan (+X% per year), while the other leaders experienced more modest paces of growth.

Lead Closure Imports in Asia

In 2017, the amount of lead stoppers, closures, caps and lids imported in Asia amounted to X tons, growing by X% against the previous year. The total imports indicated a remarkable expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the lead closure imports increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2010, when it surged by X% year-to-year. The volume of imports peaked in 2017, and are likely to continue its growth in the immediate term.

In value terms, lead closure imports totaled $X in 2017. The total imports indicated a strong growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the lead closure imports increased by +X% against 2015 indices. Over the period under review, the lead closure imports reached its maximum level in 2017, and are likely to continue its growth in the near future.

Lead Closure Imports by Country in Asia

Iran (X tons), Turkey (X tons), Vietnam (X tons), Indonesia (X tons), the United Arab Emirates (X tons), the Philippines (X tons), Malaysia (X tons), India (X tons), Saudi Arabia (X tons), Singapore (X tons), China, Hong Kong SAR (X tons) and Jordan (X tons) represented roughly X% of total imports of lead stoppers, closures, caps and lids in 2017.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Iran (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Turkey ($X) and Indonesia ($X) were the countries with the highest levels of imports in 2017, with a combined X% share of total imports. The Philippines, the United Arab Emirates, India, Saudi Arabia, Iran, Malaysia, Jordan, China, Hong Kong SAR and Singapore lagged somewhat behind, together accounting for a further X%.

Among the main importing countries , India (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Lead Closure Import Prices by Country in Asia

In 2017, the lead closure import price in Asia amounted to $X per ton, remaining stable against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2011, when it surged by X% against the previous year. Over the period under review, the import prices for lead stoppers, closures, caps and lids reached its peak figure level of $X per ton in 2014; however, from 2015 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was India ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the United Arab Emirates (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform