Eastern Asia: Lead Closure Market 2020

Lead Closure Market Size in Eastern Asia

The revenue of the lead closure market in Eastern Asia amounted to $X in 2017, surging by X% against the previous year. The total market indicated a remarkable expansion 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, when it surged by X% y-o-y. Over the period under review, the lead closure market reached its peak figure level in 2017, and is likely to continue its growth in the immediate term.

Lead Closure Production in Eastern Asia

In 2017, approx. X tons of lead stoppers, closures, caps and lids were produced in Eastern Asia; growing by X% against the previous year. The total output indicated a strong 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 production increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2016, with an increase of X% y-o-y. The volume of lead closure production peaked in 2017, and is likely to continue its growth in the near future.

Lead Closure Exports in Eastern Asia

In 2017, the amount of lead stoppers, closures, caps and lids exported in Eastern Asia stood at X tons, increasing by X% against the previous year. The lead closure exports continue to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2010, with an increase of X% against the previous year. Over the period under review, the lead closure exports attained its peak figure volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, lead closure exports amounted to $X in 2017. The lead closure exports continue to indicate a prominent increase. Over the period under review, the lead closure exports reached its peak figure level in 2017, and are expected to retain its growth in the immediate term.

Lead Closure Exports by Country in Eastern Asia

China represented the key exporting country with an export of around X tons, which accounted for X% of total exports. South Korea (X tons) held a X% share (based on tons) of total exports, which put it in second place, followed by China, Hong Kong SAR (X%) and Japan (X%). Taiwan, Chinese (X tons) held the mild share 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, South Korea (+X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest growing exporter in Eastern Asia, with a CAGR of +X% from 2007-2017. By contrast, Japan (-X%), China, Hong Kong SAR (-X%) and Taiwan, Chinese (-X%) illustrated a downward trend over the same period. While the share of China, Hong Kong SAR (X%) and Japan (X%) increased significantly in terms of the global exports from 2007-2017, the share of South Korea (-X%) and China (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In China, lead closure exports expanded 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: South Korea (+X% per year) and China, Hong Kong SAR (-X% per year).

Lead Closure Export Prices by Country in Eastern Asia

In 2017, the lead closure export price in Eastern Asia amounted to $X per ton, rising by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008, when it surged by X% year-to-year. The level of export price peaked of $X per ton in 2013; however, from 2014 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 Taiwan, Chinese ($X per ton), while South Korea ($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 Eastern Asia

In 2017, imports of lead stoppers, closures, caps and lids in Eastern Asia amounted to X tons, flattening at the previous year. The lead closure imports continue to indicate a slight decrease. The growth pace was the most rapid in 2010, when it surged by X% y-o-y. In that year, the lead closure imports attained their peak volume of X tons. From 2011 to 2017, growth of the lead closure imports stood at a somewhat lower level.

In value terms, lead closure imports stood at $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern indicated some noticeable fluctuations over the period under review. Over the period under review, the lead closure imports attained its maximum level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Lead Closure Imports by Country in Eastern Asia

The imports of the five major importers of lead stoppers, closures, caps and lids, namely China, Hong Kong SAR, China, Japan, South Korea and Taiwan, Chinese, represented more than two-thirds of total import.

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

In value terms, China ($X) constitutes the largest market for imported lead stoppers, closures, caps and lids in Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by China, Hong Kong SAR ($X), with a X% share of global imports. It was followed by South Korea, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in China amounted to +X%. In the other countries, the average annual rates were as follows: China, Hong Kong SAR (-X% per year) and South Korea (+X% per year).

Lead Closure Import Prices by Country in Eastern Asia

In 2017, the lead closure import price in Eastern Asia amounted to $X per ton, picking up 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 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 attained its peak figure level in 2017, and is likely to see steady growth in the near future.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was China ($X per kg), while China, Hong Kong SAR ($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 China (+X% per year), while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform