Italy: Glass Closure Market 2025

Glass Closure Market Size in Italy

The Italian glass closure market was estimated at $X in 2022, increasing by 4.2% against the previous year. Overall, the total consumption indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -2.6% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Glass Closure Production in Italy

In value terms, glass closure production amounted to $X in 2022 estimated in export price. In general, the total production indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -3.6% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of 45%. Glass closure production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Glass Closure Exports

Exports from Italy

In 2022, overseas shipments of glass stoppers, lids and other closures decreased by -69.1% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted a perceptible expansion. The pace of growth appeared the most rapid in 2019 when exports increased by 134%. The exports peaked at X tons in 2021, and then shrank sharply in the following year.

In value terms, glass closure exports reduced markedly to $X in 2022. Overall, exports showed a slight decline. The growth pace was the most rapid in 2019 with an increase of 176% against the previous year. The exports peaked at $X in 2021, and then shrank dramatically in the following year.

Exports by Country

Germany (X tons), the Netherlands (X tons) and France (X tons) were the main destinations of glass closure exports from Italy, together accounting for 55% of total exports. Austria, Croatia, Tunisia, Portugal, Greece, Japan, Hungary and Spain lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Japan (with a CAGR of +48.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for glass closure exported from Italy were Germany ($X), the Netherlands ($X) and France ($X), together accounting for 43% of total exports. Croatia, Hungary, Austria, Greece, Japan, Portugal, Tunisia and Spain lagged somewhat behind, together comprising a further 28%.

Japan, with a CAGR of +36.6%, saw 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 2022, the average glass closure export price amounted to $X per ton, reducing by -33.8% against the previous year. In general, the export price recorded a deep downturn. The most prominent rate of growth was recorded in 2018 when the average export price increased by 51% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to Tunisia ($X 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 Spain (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.

Glass Closure Imports

Imports into Italy

In 2022, glass closure imports into Italy expanded sharply to X tons, picking up by 10% compared with 2021. In general, imports posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 53% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, glass closure imports skyrocketed to $X in 2022. Overall, imports enjoyed strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Spain (X tons) and China (X tons) were the main suppliers of glass closure imports to Italy, with a combined 83% share of total imports. The Czech Republic, Poland, Turkey and France lagged somewhat behind, together comprising a further 16%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +83.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest glass closure suppliers to Italy were the Czech Republic ($X), China ($X) and Germany ($X), with a combined 76% share of total imports. Spain, Poland, France and Turkey lagged somewhat behind, together accounting for a further 22%.

In terms of the main suppliers, Turkey, with a CAGR of +54.1%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average glass closure import price amounted to $X per ton, jumping by 42% against the previous year. In general, the import price continues to indicate a mild expansion. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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