![Portugal - Plastic Stoppers, Caps and Closures - Market Analysis, Forecast, Size, Trends And Insights](/landing/img/reports/portugal-plastic-stoppers-caps-and-closures-market-analysis-forecast-size-trends-and-insights.webp)
Portugal - Plastic Stoppers, Caps and Closures - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPlastic Closure Price in Portugal - 2023
Contents:
- Plastic Closure Price in Portugal (CIF) - 2023
- Plastic Closure Price in Portugal (FOB) - 2023
- Plastic Closure Imports in Portugal
- Plastic Closure Exports in Portugal
Plastic Closure Price in Portugal (CIF) - 2023
The average plastic closure import price stood at $6,087 per ton in July 2023, with a decrease of -4.8% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.4%. The growth pace was the most rapid in December 2022 when the average import price increased by 20% m-o-m. The import price peaked at $6,393 per ton in June 2023, and then dropped in the following month.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($8,959 per ton), while the price for Spain ($4,500 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by France (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Closure Price in Portugal (FOB) - 2023
In July 2023, the average plastic closure export price amounted to $6,551 per ton, waning by -8.4% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.6%. The pace of growth was the most pronounced in January 2023 an increase of 23% month-to-month. Over the period under review, the average export prices hit record highs at $7,151 per ton in June 2023, and then declined in the following month.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was the UK ($22,933 per ton), while the average price for exports to Spain ($4,597 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Closure Imports in Portugal
In 2022, the amount of plastic stoppers, caps and closures imported into Portugal surged to 14K tons, picking up by 18% on the previous year's figure. The total import volume increased at an average annual rate of +10.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 20%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, plastic closure imports soared to $71M in 2022. The total import value increased at an average annual rate of +11.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Plastic Closure in Portugal (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 22.1 | 25.3 | 27.8 | 33.7 | 15.1% |
Germany | 6.3 | 6.6 | 6.1 | 7.6 | 6.5% |
France | 4.6 | 3.6 | 5.4 | 6.5 | 12.2% |
Italy | 4.5 | 5.3 | 5.8 | 5.9 | 9.4% |
Netherlands | 4.3 | 6.6 | 7.2 | 5.1 | 5.9% |
Others | 8.9 | 8.6 | 8.5 | 11.8 | 9.9% |
Total | 50.7 | 56.0 | 60.7 | 70.6 | 11.7% |
Top Suppliers of Plastic Closure to Portugal in 2022:
- Spain (9.0K tons)
- France (1.2K tons)
- Italy (1.1K tons)
- Germany (1.0K tons)
- Netherlands (0.8K tons)
Plastic Closure Exports in Portugal
In 2022, after three years of growth, there was decline in shipments abroad of plastic stoppers, caps and closures, when their volume decreased by -4.1% to 7.5K tons. The total export volume increased at an average annual rate of +4.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 12%.
In value terms, plastic closure exports rose slightly to $43M in 2022. The total export value increased at an average annual rate of +5.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 15%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Plastic Closure in Portugal (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 21.6 | 21.5 | 22.7 | 21.0 | -0.9% |
France | 3.5 | 3.3 | 5.0 | 6.8 | 24.8% |
United States | 0.7 | 1.7 | 2.4 | 3.1 | 64.2% |
Angola | 3.3 | 1.5 | 2.2 | 2.4 | -10.1% |
Mexico | 1.2 | 2.2 | 1.8 | 2.2 | 22.4% |
United Kingdom | 1.3 | 1.5 | 2.0 | 1.9 | 13.5% |
Germany | 1.1 | 1.1 | 1.1 | 1.2 | 2.9% |
Cabo Verde | 0.4 | 0.4 | 0.5 | 0.7 | 20.5% |
Mozambique | 0.4 | 0.3 | 0.4 | 0.5 | 7.7% |
Others | 3.6 | 3.1 | 3.9 | 3.4 | -1.9% |
Total | 37.1 | 36.5 | 41.9 | 43.1 | 5.1% |
Top Export Markets for Plastic Closure from Portugal in 2022:
- Spain (4647.6 tons)
- France (1064.5 tons)
- Angola (421.1 tons)
- United States (244.4 tons)
- Mexico (189.9 tons)
- Germany (147.8 tons)
- Cabo Verde (145.1 tons)
- Mozambique (121.7 tons)
- United Kingdom (117.8 tons)
This report provides an in-depth analysis of the plastic 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 22221920 - Plastic caps and capsules for bottles
- Prodcom 22221930 - Plastic stoppers, lids, caps and other closures (excluding for bottles)
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
This report provides an in-depth analysis of the plastic closure market in Portugal.
This report provides an in-depth analysis of the plastic support market in Portugal.
This report provides an in-depth analysis of the plastic bottle cap market in Portugal.
This report provides an in-depth analysis of the plastic box market in Portugal.
This report provides an in-depth analysis of the plastic bottle market in Portugal.
This report provides an in-depth analysis of the plastic bag market in Portugal.
This report provides an in-depth analysis of the ethylene polymer bag market in Portugal.
This report provides an in-depth analysis of the plastic supports market in Portugal.
This report provides an in-depth analysis of the plastic packaging market in Portugal.
This report provides an in-depth analysis of the plastic container market in Portugal.
Discover the top import markets for plastic closure in 2022 and learn about the key countries driving demand for these essential packaging components.
Explore the top import markets for plastic support products in the world. Discover the key countries driving the global demand for these essential components.
In value terms, stoppers, caps, lids imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable f...
In value terms, stoppers, caps, lids exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some not...
Explore the top import markets for plastic boxes worldwide, including the United States, Mexico, Germany, and more. Get key statistics and market insights from IndexBox.
Discover the world's best import markets for plastic bottles and explore key statistics and insights on the industry. Learn about the top countries, import values, and market trends.
The oil and gas industry is the largest supplier of plastic. It provides the raw material for everything from water bottles to food packaging to medical supplies. But the industry is also one of the biggest polluters, contributing to climate change and ocean plastic pollution.
The global plastic bottle market revenue amounted to $3,606.4B in 2017, jumping by 6.2% against the previous year. This fi...
Germany took the second spot in the global carboy and other plastic article trade. In 2014, Germany exported X thousand tons of carboys, bottles and similar articles of plastics totaling X million USD, X% under the previous year. Its primary tr
Explore the top import markets for plastic bags around the world and the key statistics of each market. Find out which countries are leading the import demand for plastic bags and how they are addressing environmental concerns. Data from IndexBox market intelligence platform.