Australia and Oceania - Plastic Stoppers, Caps and Closures - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAustralia and Oceania: Plastic Closure Market 2024
Plastic Closure Market Size in Australia and Oceania
The plastic closure market in Australia and Oceania rose notably to $X in 2022, growing by 5.5% against the previous year. The total consumption indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +106.9% against 2012 indices. The level of consumption peaked in 2022 and is likely to continue growth in years to come.
Plastic Closure Production in Australia and Oceania
In value terms, plastic closure production stood at $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 1,268,200% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.
Plastic Closure Exports
Exports in Australia and Oceania
In 2022, plastic closure exports in Australia and Oceania reduced to X tons, dropping by -8.7% on the previous year's figure. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 33%. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.
In value terms, plastic closure exports totaled $X in 2022. The total export value increased at an average annual rate of +1.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 44%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.
Exports by Country
Australia was the key exporter of plastic stoppers, caps and closures in Australia and Oceania, with the volume of exports finishing at X tons, which was near 65% of total exports in 2022. It was distantly followed by New Zealand (X tons), mixing up a 35% share of total exports.
From 2012 to 2022, the biggest increases were recorded for New Zealand (with a CAGR of +7.8%).
In value terms, the largest plastic closure supplying countries in Australia and Oceania were Australia ($X) and New Zealand ($X).
In terms of the main exporting countries, New Zealand, with a CAGR of +3.8%, recorded the highest growth rate of the value of exports, over the period under review.
Export Prices by Country
In 2022, the export price in Australia and Oceania amounted to $X per ton, rising by 11% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2018 an increase of 17%. Over the period under review, the export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia amounted to $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+2.6%).
Plastic Closure Imports
Imports in Australia and Oceania
After ten years of growth, supplies from abroad of plastic stoppers, caps and closures decreased by -7.6% to X tons in 2022. The total import volume increased at an average annual rate of +4.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when imports increased by 13% against the previous year. The volume of import peaked at X tons in 2021, and then dropped in the following year.
In value terms, plastic closure imports stood at $X in 2022. Total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.0% against 2014 indices. The most prominent rate of growth was recorded in 2021 with an increase of 18%. The level of import peaked in 2022 and is expected to retain growth in the near future.
Imports by Country
Australia represented the largest importing country with an import of about X tons, which resulted at 78% of total imports. It was distantly followed by New Zealand (X tons), generating a 17% share of total imports. Fiji (X tons) followed a long way behind the leaders.
Imports into Australia increased at an average annual rate of +4.2% from 2012 to 2022. At the same time, Fiji (+6.1%) and New Zealand (+5.3%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +6.1% from 2012-2022. From 2012 to 2022, the share of New Zealand increased by +1.5 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Australia ($X) constitutes the largest market for imported plastic stoppers, caps and closures in Australia and Oceania, comprising 74% of total imports. The second position in the ranking was held by New Zealand ($X), with a 21% share of total imports.
From 2012 to 2022, the average annual growth rate of value in Australia totaled +7.5%. In the other countries, the average annual rates were as follows: New Zealand (+6.8% per year) and Fiji (+8.0% per year).
Import Prices by Country
In 2022, the import price in Australia and Oceania amounted to $X per ton, jumping by 17% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per ton), while Fiji ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+3.1%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the plastic closure market in Australia and Oceania. 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:
- Australia
- Cook Islands
- Fiji
- French Polynesia
- Kiribati
- Marshall Islands
- Micronesia
- New Caledonia
- New Zealand
- Northern Mariana Islands
- Palau
- Papua New Guinea
- Samoa
- Solomon Islands
- Tokelau
- Tonga
- Tuvalu
- Vanuatu
- Wallis and Futuna Islands
- American Samoa
- Nauru
- Niue
- Guam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Australia and Oceania, split by region and country
- Trade (exports and imports) in Australia and Oceania
- 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
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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
- CONSUMPTION BY COUNTRY
- 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
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Australia
- Cook Islands
- Fiji
- French Polynesia
- Kiribati
- Marshall Islands
- Micronesia
- New Caledonia
- New Zealand
- Northern Mariana Islands
- Palau
- Papua New Guinea
- Samoa
- Solomon Islands
- Tokelau
- Tonga
- Tuvalu
- Vanuatu
- Wallis and Futuna Islands
- American Samoa
- Nauru
- Niue
- Guam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 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, 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, 2012–2023
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