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Slovakia - Glass Stoppers, Lids and Other Closures - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGlass Closure Price in Slovakia - 2023
Contents:
- Glass Closure Price in Slovakia (CIF) - 2023
- Glass Closure Price in Slovakia (FOB) - 2023
- Glass Closure Imports in Slovakia
- Glass Closure Exports in Slovakia
Glass Closure Price in Slovakia (CIF) - 2023
The average glass closure import price stood at $8,081 per ton in August 2023, which is down by -25.4% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in October 2022 an increase of 30% m-o-m. The import price peaked at $10,831 per ton in July 2023, and then reduced remarkably in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was the Czech Republic ($10,973 per ton), while the price for Germany ($4,369 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Glass Closure Price in Slovakia (FOB) - 2023
In August 2023, the average glass closure export price amounted to $8,205 per ton, which is down by -41.1% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 80% against the previous month. As a result, the export price attained the peak level of $13,942 per ton, and then reduced remarkably in the following month.
There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was Poland ($12,515 per ton), while the average price for exports to Germany ($2,113 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Moldova (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.
Glass Closure Imports in Slovakia
In 2022, purchases abroad of glass stoppers, lids and other closures was finally on the rise to reach 139 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a perceptible setback.
In value terms, glass closure imports surged to $1.1M in 2022. The total import value increased at an average annual rate of +1.2% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Glass Closure in Slovakia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 276 | 466 | 542 | 379 | 11.2% |
China | 164 | 224 | 71.0 | 336 | 27.0% |
Germany | 93.9 | 102 | 85.5 | 102 | 2.8% |
Poland | 0.9 | 4.6 | 1.6 | 73.2 | 333.3% |
Vietnam | N/A | N/A | 82.6 | 30.7 | -62.8% |
Czech Republic | 21.4 | 11.9 | 63.2 | 23.5 | 3.2% |
Spain | 433 | 1.7 | 1.7 | 3.8 | -79.4% |
Others | 27.5 | 38.5 | 35.8 | 105 | 56.3% |
Total | 1,017 | 848 | 884 | 1,054 | 1.2% |
Top Suppliers of Glass Closure to Slovakia in 2022:
- China (46.8 tons)
- France (44.8 tons)
- Germany (19.8 tons)
- Poland (12.1 tons)
- Vietnam (3.7 tons)
- Czech Republic (1.7 tons)
- Spain (0.5 tons)
Glass Closure Exports in Slovakia
In 2022, the amount of glass stoppers, lids and other closures exported from Slovakia stood at 87 tons, growing by 3.7% compared with 2021. In general, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +23.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +87.5% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 41% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, glass closure exports contracted modestly to $750K in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +23.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +87.5% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 53% against the previous year.
Export of Glass Closure in Slovakia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 170 | 297 | 444 | 427 | 35.9% |
Czech Republic | 97.8 | 126 | 112 | 82.5 | -5.5% |
Austria | 10.1 | 13.8 | 16.1 | 50.9 | 71.4% |
Romania | 33.5 | 68.0 | 56.9 | 37.9 | 4.2% |
Ukraine | N/A | N/A | N/A | 29.3 | 0% |
Estonia | 7.5 | 20.1 | 31.5 | 25.5 | 50.4% |
Hungary | 15.4 | 46.4 | 55.4 | 22.4 | 13.3% |
Slovenia | 13.3 | 1.3 | 16.8 | 20.5 | 15.5% |
Others | 52.9 | 39.4 | 44.6 | 53.7 | 0.5% |
Total | 400 | 612 | 778 | 750 | 23.3% |
Top Export Markets for Glass Closure from Slovakia in 2022:
- Poland (46.5 tons)
- Czech Republic (10.2 tons)
- Austria (9.3 tons)
- Romania (5.8 tons)
- Hungary (3.5 tons)
- Ukraine (2.9 tons)
- Estonia (1.7 tons)
- Slovenia (1.7 tons)
This report provides an in-depth analysis of the glass closure market in Slovakia. 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 23131110 - Glass preserving jars, stoppers, lids and other closures (including stoppers and closures of any material presented with the containers for which they are intended)
Country coverage:
- Slovakia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Slovakia
- 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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