Poland: Metal Crown Cork Market 2024

Metal Crown Cork Market Size in Poland

For the third year in a row, the Polish metal crown cork market recorded decline in sales value, which decreased by X% to $X in 2022. Overall, consumption continues to indicate a pronounced slump. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Metal Crown Cork Production in Poland

In value terms, metal crown cork production totaled $X in 2022 estimated in export price. Over the period under review, production showed a perceptible curtailment. The pace of growth was the most pronounced in 2017 with an increase of X%. Metal crown cork production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

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Metal Crown Cork Exports

Exports from Poland

In 2022, overseas shipments of iron or steel crown corks increased by X% to X units, rising for the third consecutive year after five years of decline. Over the period under review, exports posted a resilient expansion. The pace of growth appeared the most rapid in 2020 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, metal crown cork exports soared to $X in 2022. Overall, exports posted prominent growth. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Romania (X units), Russia (X units) and Lithuania (X units) were the main destinations of metal crown cork exports from Poland, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Russia (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, Romania ($X) remains the key foreign market for iron or steel crown corks exports from Poland, comprising X% of total exports. The second position in the ranking was held by Russia ($X), with a X% share of total exports. It was followed by Lithuania, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Romania stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Lithuania (X% per year).

Export Prices by Country

The average metal crown cork export price stood at $X per thousand units in 2022, dropping by X% against the previous year. In general, the export price, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per thousand units in 2021, and then reduced rapidly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($X per thousand units), while the average price for exports to Russia ($X per thousand units) was amongst the lowest.

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

Metal Crown Cork Imports

Imports into Poland

In 2022, purchases abroad of iron or steel crown corks was finally on the rise to reach X units after two years of decline. Overall, imports continue to indicate significant growth. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. Imports peaked at X units in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, metal crown cork imports soared to $X in 2022. Over the period under review, imports posted significant growth. The growth pace was the most rapid in 2015 with an increase of X%. Imports peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Italy (X units) constituted the largest metal crown cork supplier to Poland, with a X% share of total imports. Moreover, metal crown cork imports from Italy exceeded the figures recorded by the second-largest supplier, Ukraine (X units), twofold. Lithuania (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Italy totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (X% per year) and Lithuania (X% per year).

In value terms, Italy ($X) constituted the largest supplier of iron or steel crown corks to Poland, comprising X% of total imports. The second position in the ranking was taken by Ukraine ($X), with a X% share of total imports. It was followed by Lithuania, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Italy amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (X% per year) and Lithuania (X% per year).

Import Prices by Country

In 2022, the average metal crown cork import price amounted to $X per thousand units, increasing by X% against the previous year. Over the period under review, the import price, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per thousand units in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per thousand units), while the price for Lithuania ($X per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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