Belgium - Base Metal Closures, Stoppers, Caps And Lids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBase Metal Closure Price in Belgium - 2023
Contents:
- Base Metal Closure Price in Belgium (CIF) - 2023
- Base Metal Closure Price in Belgium (FOB) - 2022
- Base Metal Closure Imports in Belgium
- Base Metal Closure Exports in Belgium
Base Metal Closure Price in Belgium (CIF) - 2023
In June 2023, the average base metal closure import price amounted to $4,469 per ton, shrinking by -35.8% against the previous month. Over the period under review, the import price, however, continues to indicate a remarkable increase. The growth pace was the most rapid in November 2022 when the average import price increased by 91% m-o-m. The import price peaked at $6,964 per ton in May 2023, and then reduced notably in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was China ($13,781 per ton), while the price for Italy ($703 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 Germany (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Metal Closure Price in Belgium (FOB) - 2022
In 2022, the average base metal closure export price amounted to $4,510 per ton, falling by -16.3% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by 46% against the previous year. As a result, the export price attained the peak level of $10,767 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($35,411 per ton), while the average price for exports to Algeria ($2,258 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+18.2%), while the prices for the other major destinations experienced more modest paces of growth.
Base Metal Closure Imports in Belgium
In 2022, base metal closure imports into Belgium rose slightly to 85K tons, surging by 4.4% against the previous year's figure. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +27.7% 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 +108.3% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 78% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, base metal closure imports expanded markedly to $219M in 2022. Over the period under review, imports posted a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 85%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Base Metal Closure in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 38.8 | 47.7 | 61.6 | 56.8 | 13.5% |
| France | 8.0 | 33.2 | 32.4 | 32.9 | 60.2% |
| Poland | 4.1 | 11.5 | 16.0 | 28.0 | 89.7% |
| Germany | 18.7 | 26.9 | 22.8 | 26.0 | 11.6% |
| China | 0.6 | 3.8 | 13.3 | 20.2 | 222.9% |
| Czech Republic | 6.8 | 12.4 | 13.3 | 17.2 | 36.3% |
| Italy | 8.6 | 11.6 | 16.0 | 15.6 | 22.0% |
| Others | 6.4 | 23.3 | 26.6 | 22.7 | 52.5% |
| Total | 92.1 | 170 | 202 | 219 | 33.5% |
Top Suppliers of Base Metal Closure to Belgium in 2022:
- Netherlands (21.3K tons)
- France (14.0K tons)
- Germany (10.9K tons)
- Czech Republic (9.3K tons)
- Poland (9.0K tons)
- Italy (8.7K tons)
- China (5.0K tons)
Base Metal Closure Exports in Belgium
Base metal closure exports from Belgium skyrocketed to 22K tons in 2022, with an increase of 101% compared with the previous year's figure. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 766% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, base metal closure exports skyrocketed to $100M in 2022. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 248% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Base Metal Closure in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.6 | 22.3 | 18.0 | 46.2 | 325.4% |
| France | 3.9 | 18.8 | 20.2 | 22.8 | 80.1% |
| Germany | 2.1 | 2.8 | 2.2 | 7.0 | 49.4% |
| Algeria | 0.1 | 0.2 | N/A | 1.2 | 128.9% |
| Others | 10.4 | 15.5 | 19.2 | 23.2 | 30.7% |
| Total | 17.1 | 59.6 | 59.7 | 100 | 80.2% |
Top Export Markets for Base Metal Closure from Belgium in 2022:
- Netherlands (17.0K tons)
- France (3.2K tons)
- Algeria (0.6K tons)
- Germany (0.3K tons)
This report provides an in-depth analysis of the base metal closure market in Belgium. 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:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- 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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