France: Base Metal Closure Market 2025

Base Metal Closure Market Size in France

In 2021, the French base metal closure market increased by 22% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, continues to indicate a mild downturn. Base metal closure consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Base Metal Closure Production in France

In value terms, base metal closure production skyrocketed to $X in 2021 estimated in export price. Over the period under review, the total production indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +9.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when the production volume increased by 67% against the previous year. Base metal closure production peaked in 2021 and is likely to see steady growth in the immediate term.

Base Metal Closure Exports

Exports from France

For the third consecutive year, France recorded growth in shipments abroad of base metal closures, stoppers, caps and lids, which increased by 23% to X tons in 2021. The total export volume increased at an average annual rate of +1.5% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, base metal closure exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +2.7% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons), the UK (X tons) and Austria (X tons) were the main destinations of base metal closure exports from France, together accounting for 47% of total exports. Spain, Belgium, the Netherlands, Italy, Hungary and Poland lagged somewhat behind, together accounting for a further 40%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +33.5%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Austria ($X) and Spain ($X) appeared to be the largest markets for base metal closure exported from France worldwide, with a combined 47% share of total exports. These countries were followed by the UK, Italy, Belgium, the Netherlands, Poland and Hungary, which together accounted for a further 35%.

Poland, with a CAGR of +32.8%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average base metal closure export price amounted to $X per ton, growing by 14% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2018 an increase of 23% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Spain ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

Base Metal Closure Imports

Imports into France

For the third year in a row, France recorded growth in purchases abroad of base metal closures, stoppers, caps and lids, which increased by 16% to X tons in 2021. Overall, total imports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +7.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +53.2% against 2016 indices. The growth pace was the most rapid in 2019 with an increase of 21% against the previous year. Imports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, base metal closure imports surged to $X in 2021. The total import value increased at an average annual rate of +5.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Spain (X tons) and Italy (X tons) were the main suppliers of base metal closure imports to France, together accounting for 66% of total imports. These countries were followed by the UK, the Netherlands, the Czech Republic, Belgium, Hungary, Poland, China and the United States, which together accounted for a further 30%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of +85.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Spain ($X) and Italy ($X) appeared to be the largest base metal closure suppliers to France, together comprising 56% of total imports. China, the UK, Poland, Belgium, the Netherlands, the Czech Republic, the United States and Hungary lagged somewhat behind, together comprising a further 38%.

Hungary, with a CAGR of +58.8%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average base metal closure import price stood at $X per ton in 2021, picking up by 8.2% against the previous year. Overall, the import price, however, showed a noticeable downturn. The most prominent rate of growth was recorded in 2018 an increase of 17% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was China ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :