Finland - Plastic Stoppers, Caps and Closures - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPlastic Closure Price in Finland - 2023
Contents:
- Plastic Closure Price in Finland (CIF) - 2023
- Plastic Closure Price in Finland (FOB) - 2023
- Plastic Closure Imports in Finland
- Plastic Closure Exports in Finland
Plastic Closure Price in Finland (CIF) - 2023
The average plastic closure import price stood at $7,186 per ton in July 2023, approximately reflecting the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 11% month-to-month. The import price peaked at $7,433 per ton in December 2022; however, from January 2023 to July 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Sweden ($11,207 per ton), while the price for Lithuania ($3,248 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 the UK (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Closure Price in Finland (FOB) - 2023
The average plastic closure export price stood at $10,262 per ton in July 2023, which is down by -4.1% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +2.1%. The growth pace was the most rapid in June 2023 when the average export price increased by 16% m-o-m. As a result, the export price reached the peak level of $10,697 per ton, and then reduced in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was China ($61,957 per ton), while the average price for exports to Estonia ($5,595 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 China (+16.9%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Closure Imports in Finland
For the fourth consecutive year, Finland recorded growth in purchases abroad of plastic stoppers, caps and closures, which increased by 9.1% to 8.5K tons in 2022. The total import volume increased at an average annual rate of +6.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, plastic closure imports rose slightly to $52M in 2022. The total import value increased at an average annual rate of +6.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 8%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Plastic Closure in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.1 | 9.3 | 10.0 | 9.4 | 9.8% |
| France | 3.5 | 4.5 | 6.0 | 6.9 | 25.4% |
| Sweden | 7.3 | 6.2 | 6.4 | 6.4 | -4.3% |
| Italy | 4.9 | 3.8 | 4.4 | 4.3 | -4.3% |
| Czech Republic | 0.6 | 2.6 | 3.0 | 3.8 | 85.0% |
| Poland | 2.9 | 3.2 | 3.4 | 3.8 | 9.4% |
| Lithuania | 2.2 | 2.2 | 2.6 | 3.8 | 20.0% |
| China | 1.8 | 2.0 | 2.0 | 2.0 | 3.6% |
| United Kingdom | 3.3 | 1.8 | 1.6 | 1.9 | -16.8% |
| Denmark | 2.3 | 2.7 | 2.0 | 1.7 | -9.6% |
| Netherlands | 2.0 | 2.1 | 2.1 | 1.4 | -11.2% |
| Hungary | 0.5 | 0.7 | 1.2 | 1.1 | 30.1% |
| Belgium | 0.3 | 0.5 | 0.7 | 0.8 | 38.7% |
| Others | 4.8 | 4.9 | 5.1 | 5.1 | 2.0% |
| Total | 43.3 | 46.6 | 50.3 | 52.5 | 6.6% |
Top Suppliers of Plastic Closure to Finland in 2022:
- Lithuania (1443.1 tons)
- Germany (1224.3 tons)
- Poland (980.2 tons)
- France (945.6 tons)
- Sweden (848.9 tons)
- Czech Republic (763.6 tons)
- Italy (524.2 tons)
- United Kingdom (339.8 tons)
- Netherlands (218.5 tons)
- Denmark (206.1 tons)
- Hungary (196.8 tons)
- Belgium (193.5 tons)
- China (154.8 tons)
Plastic Closure Exports in Finland
In 2022, overseas shipments of plastic stoppers, caps and closures decreased by -4.6% to 1.3K tons, falling for the second consecutive year after two years of growth. Overall, exports showed a perceptible curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 12%. As a result, the exports reached the peak of 1.6K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, plastic closure exports reduced slightly to $11M in 2022. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 3.4%. As a result, the exports attained the peak of $11M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Plastic Closure in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 5.8 | 5.4 | 5.5 | 5.4 | -2.4% |
| Denmark | 1.1 | 1.1 | 1.0 | 1.0 | -3.1% |
| United States | 0.7 | 0.7 | 1.1 | 0.9 | 8.7% |
| Estonia | 0.5 | 0.7 | 0.8 | 0.7 | 11.9% |
| Norway | 0.6 | 0.7 | 0.7 | 0.5 | -5.9% |
| Russia | 1.2 | 1.2 | 0.1 | 0.4 | -30.7% |
| Lithuania | N/A | 0.1 | 0.2 | 0.2 | 41.4% |
| United Kingdom | 0.2 | 0.2 | 0.5 | 0.2 | 0.0% |
| Others | 0.8 | 1.3 | 1.6 | 1.5 | 23.3% |
| Total | 10.9 | 11.3 | 11.3 | 10.8 | -0.3% |
Top Export Markets for Plastic Closure from Finland in 2022:
- Sweden (708.2 tons)
- Denmark (178.6 tons)
- Estonia (112.5 tons)
- Norway (89.8 tons)
- Russia (28.0 tons)
- United States (26.3 tons)
- Lithuania (23.3 tons)
- United Kingdom (17.0 tons)
This report provides an in-depth analysis of the plastic closure market in Finland. 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:
- Finland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Finland
- 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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