Switzerland - Glass Stoppers, Lids and Other Closures - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGlass Closure Price in Switzerland - 2023
Contents:
- Glass Closure Price in Switzerland (CIF) - 2023
- Glass Closure Price in Switzerland (FOB) - 2022
- Glass Closure Imports in Switzerland
- Glass Closure Exports in Switzerland
Glass Closure Price in Switzerland (CIF) - 2023
In September 2023, the average glass closure import price amounted to $9,337 per ton, surging by 5.3% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.9%. The pace of growth appeared the most rapid in April 2023 an increase of 44% m-o-m. Over the period under review, average import prices attained the maximum at $10,813 per ton in January 2023; however, from February 2023 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the Czech Republic ($14,459 per ton), while the price for Taiwan (Chinese) ($4,150 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Austria (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Glass Closure Price in Switzerland (FOB) - 2022
The average glass closure export price stood at $9,506 per ton in 2022, reducing by -11.8% against the previous year. Over the period under review, the export price recorded a noticeable reduction. The pace of growth appeared the most rapid in 2017 an increase of 88% against the previous year. Over the period under review, the average export prices reached the maximum at $23,032 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($37,445 per ton), while the average price for exports to Italy ($2,702 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 Indonesia (+9.7%), while the prices for the other major destinations experienced mixed trend patterns.
Glass Closure Imports in Switzerland
In 2022, the amount of glass stoppers, lids and other closures imported into Switzerland fell rapidly to 326 tons, waning by -25.1% against the previous year's figure. In general, imports, however, posted a temperate increase. The pace of growth appeared the most rapid in 2021 when imports increased by 125%. As a result, imports reached the peak of 435 tons, and then fell sharply in the following year.
In value terms, glass closure imports contracted to $2.4M in 2022. Over the period under review, imports, however, recorded a strong expansion. The growth pace was the most rapid in 2021 with an increase of 124% against the previous year. As a result, imports attained the peak of $2.7M, and then contracted in the following year.
| Import of Glass Closure in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 107 | 535 | 1,373 | 1,388 | 135.0% |
| China | 610 | 232 | 684 | 499 | -6.5% |
| Austria | 110 | 171 | 136 | 113 | 0.9% |
| Italy | 109 | 130 | 117 | 93.4 | -5.0% |
| Vietnam | 1.5 | 5.3 | 34.8 | 92.0 | 294.4% |
| Spain | 267 | 1.8 | 3.0 | 79.1 | -33.3% |
| Czech Republic | 160 | 11.0 | 224 | 67.8 | -24.9% |
| Others | 210 | 121 | 129 | 69.6 | -30.8% |
| Total | 1,575 | 1,207 | 2,700 | 2,401 | 15.1% |
Top Suppliers of Glass Closure to Switzerland in 2022:
- Germany (170.6 tons)
- China (103.3 tons)
- Austria (21.0 tons)
- Italy (9.9 tons)
- Vietnam (5.2 tons)
- Spain (4.5 tons)
- Czech Republic (3.9 tons)
Glass Closure Exports in Switzerland
Glass closure exports from Switzerland surged to 26 tons in 2022, jumping by 166% on the year before. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, glass closure exports surged to $247K in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Glass Closure in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.9 | 4.8 | 24.8 | 60.4 | 97.0% |
| Netherlands | 1.6 | 0.4 | 28.7 | 51.5 | 218.1% |
| France | 20.9 | 59.5 | 5.1 | 40.2 | 24.4% |
| United States | 10.8 | 2.3 | 11.3 | 26.1 | 34.2% |
| Hungary | N/A | 0.4 | 5.4 | 23.1 | 659.9% |
| Italy | 10.6 | 28.3 | 0.7 | 6.9 | -13.3% |
| Others | 8.1 | 13.9 | 29.1 | 38.6 | 68.3% |
| Total | 59.9 | 110 | 105 | 247 | 60.4% |
Top Export Markets for Glass Closure from Switzerland in 2022:
- Germany (11.9 tons)
- France (3.8 tons)
- Netherlands (3.5 tons)
- Italy (2.6 tons)
- United States (1.8 tons)
- Hungary (0.6 tons)
This report provides an in-depth analysis of the glass closure market in Switzerland. 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:
- Switzerland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Switzerland
- 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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