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Portugal - Base Metal Closures, Stoppers, Caps And Lids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBase Metal Closure Price in Portugal - 2023
Contents:
- Base Metal Closure Price in Portugal (CIF) - 2023
- Base Metal Closure Price in Portugal (FOB) - 2023
- Base Metal Closure Imports in Portugal
- Base Metal Closure Exports in Portugal
Base Metal Closure Price in Portugal (CIF) - 2023
The average base metal closure import price stood at $7,268 per ton in June 2023, dropping by -3.6% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.9%. The pace of growth was the most pronounced in May 2023 when the average import price increased by 26% m-o-m. Over the period under review, average import prices attained the maximum at $8,230 per ton in February 2023; however, from March 2023 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was France ($11,631 per ton), while the price for the Netherlands ($1,974 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Metal Closure Price in Portugal (FOB) - 2023
The average base metal closure export price stood at $8,050 per ton in June 2023, which is down by -12.7% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in September 2022 when the average export price increased by 38% month-to-month. The export price peaked at $11,052 per ton in December 2022; however, from January 2023 to June 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Italy ($21,519 per ton), while the average price for exports to Switzerland ($3,456 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
Base Metal Closure Imports in Portugal
Base metal closure imports into Portugal soared to 13K tons in 2022, growing by 29% compared with the previous year's figure. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +19.6% 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 +71.3% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 35%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, base metal closure imports soared to $81M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +23.1% 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 +86.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Base Metal Closure in Portugal (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 29.7 | 39.5 | 43.5 | 58.5 | 25.4% |
Italy | 6.2 | 6.8 | 7.6 | 9.9 | 16.9% |
France | 1.9 | 4.5 | 3.9 | 4.3 | 31.3% |
Germany | 2.5 | 1.8 | 2.1 | 2.3 | -2.7% |
Netherlands | 0.7 | 0.9 | 1.1 | 1.1 | 16.3% |
Others | 2.4 | 1.9 | 3.8 | 4.9 | 26.9% |
Total | 43.5 | 55.4 | 62.2 | 81.2 | 23.1% |
Top Suppliers of Base Metal Closure to Portugal in 2022:
- Spain (9.8K tons)
- Italy (1.3K tons)
- France (0.5K tons)
- Netherlands (0.4K tons)
- Germany (0.2K tons)
Base Metal Closure Exports in Portugal
For the fourth consecutive year, Portugal recorded growth in shipments abroad of base metal closures, stoppers, caps and lids, which increased by 1.4% to 7.2K tons in 2022. In general, exports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 138% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, base metal closure exports surged to $52M in 2022. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 104% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
Export of Base Metal Closure in Portugal (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 7.7 | 8.6 | 16.4 | 16.9 | 30.0% |
France | 1.9 | 2.7 | 5.1 | 8.9 | 67.3% |
United Kingdom | 0.7 | 1.4 | 4.7 | 6.6 | 111.3% |
Algeria | N/A | N/A | N/A | 2.4 | 0% |
Morocco | 0.8 | 1.0 | 1.1 | 1.1 | 11.2% |
Switzerland | N/A | N/A | 0.1 | 0.5 | 400.0% |
Others | 4.3 | 4.9 | 10.8 | 15.6 | 53.7% |
Total | 15.4 | 18.7 | 38.3 | 52.0 | 50.0% |
Top Export Markets for Base Metal Closure from Portugal in 2022:
- Spain (4.4K tons)
- United Kingdom (0.7K tons)
- France (0.6K tons)
- Algeria (0.4K tons)
- Switzerland (0.2K tons)
- Morocco (0.1K tons)
This report provides an in-depth analysis of the base metal closure market in Portugal. 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 25921370 - Base metal closures, stoppers, caps and lids (excluding of lead, crown corks, aluminium closures, stoppers, caps and lids of a diameter > .21 mm)
Country coverage:
- Portugal
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Portugal
- 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
-
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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Explore the world's best import markets for base metal closure in 2022. Find out the key statistics and import values of the top countries. Learn about the demand drivers and growth potentials in these markets.
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In value terms, dithionites and sulphoxylates imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some...
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In value terms, sulphides and polysulphides exports amounted to $X in 2016. Overall, sulphides and polysulphides exports continue to indicate a measured curtailment. In that year, global sulphides ...
In value terms, dithionites and sulphoxylates exports amounted to $X in 2016. Overall, dithionites and sulphoxylates exports continue to indicate a relatively flat trend pattern. Over the period un...
In value terms, sulphites and thiosulphates exports totaled $X in 2016. Overall, it indicated a moderate expansion from 2007 to 2016: the total exports value increased at an average annual rate of ...
Explore the world's best import markets for base metal closure in 2022. Find out the key statistics and import values of the top countries. Learn about the demand drivers and growth potentials in these markets.