Netherlands: Base Metal Closure Market 2024

Base Metal Closure Market Size in the Netherlands

The Dutch base metal closure market skyrocketed to $X in 2021, with an increase of 37% against the previous year. Overall, consumption posted a resilient increase. Over the period under review, the market attained the peak level in 2021 and is likely to continue growth in years to come.

Base Metal Closure Production in the Netherlands

In value terms, base metal closure production surged to $X in 2021 estimated in export price. Overall, production continues to indicate prominent growth. Base metal closure production peaked at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Base Metal Closure Exports

Exports from the Netherlands

Base metal closure exports from the Netherlands fell slightly to X tons in 2021, which is down by -2.5% against 2020 figures. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by 15% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, base metal closure exports stood at $X in 2021. In general, total exports indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +63.0% against 2016 indices. The most prominent rate of growth was recorded in 2017 when exports increased by 17% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the near future.

Exports by Country

The UK (X tons), Germany (X tons) and Belgium (X tons) were the main destinations of base metal closure exports from the Netherlands, with a combined 55% share of total exports. France, the United States, Switzerland, Poland, Saudi Arabia, Mexico, Russia, the Czech Republic, Denmark and Italy lagged somewhat behind, together comprising a further 32%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Saudi Arabia (with a CAGR of +40.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for base metal closure exported from the Netherlands were Belgium ($X), Germany ($X) and the UK ($X), together comprising 55% of total exports. These countries were followed by France, Switzerland, the United States, Mexico, Poland, Italy, Saudi Arabia, the Czech Republic, Russia and Denmark, which together accounted for a further 31%.

Saudi Arabia, with a CAGR of +36.3%, recorded the highest rates of growth with regard to the value of exports, among 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

The average base metal closure export price stood at $X per ton in 2021, rising by 14% against the previous year. Over the period under review, export price indicated a pronounced expansion from 2012 to 2021: its price increased at an average annual rate of +3.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, base metal closure export price increased by +64.7% against 2016 indices. The most prominent rate of growth was recorded in 2014 an increase of 23% against the previous year. Over the period under review, the average export prices attained the peak figure in 2021 and is likely to see steady growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was Italy ($X per ton), while the average price for exports to the UK ($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 Belgium (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.

Base Metal Closure Imports

Imports into the Netherlands

In 2021, the amount of base metal closures, stoppers, caps and lids imported into the Netherlands expanded modestly to X tons, with an increase of 3.8% compared with the previous year's figure. In general, total imports indicated a temperate expansion from 2012 to 2021: its volume increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +43.1% against 2015 indices. The pace of growth was the most pronounced in 2013 when imports increased by 42% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, base metal closure imports soared to $X in 2021. Over the period under review, total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +7.9% 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 +98.7% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The Czech Republic (X tons), Poland (X tons) and Germany (X tons) were the main suppliers of base metal closure imports to the Netherlands, together comprising 48% of total imports. Belgium, the UK, Italy, France, Spain and Denmark lagged somewhat behind, together comprising a further 41%.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +17.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Germany ($X) and the Czech Republic ($X) were the largest base metal closure suppliers to the Netherlands, with a combined 51% share of total imports. These countries were followed by the UK, France, Italy, Belgium, Denmark and Spain, which together accounted for a further 39%.

France, with a CAGR of +19.3%, 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, growing by 26% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.1%. The most prominent rate of growth was recorded in 2015 when the average import price increased by 26%. The import price peaked in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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