Netherlands: Plastic Closure Market 2024

Plastic Closure Market Size in the Netherlands

In 2022, the Dutch plastic closure market increased by 6.1% to $X, rising for the third year in a row after five years of decline. Over the period under review, consumption saw a buoyant increase. Plastic closure consumption peaked in 2022 and is likely to see steady growth in the near future.

Plastic Closure Production in the Netherlands

In value terms, plastic closure production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.1% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of 12% against the previous year. Plastic closure production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Plastic Closure Exports

Exports from the Netherlands

In 2022, approx. X tons of plastic stoppers, caps and closures were exported from the Netherlands; growing by 5% against the previous year. Over the period under review, exports, however, continue to indicate a mild downturn. The growth pace was the most rapid in 2013 when exports increased by 40%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, plastic closure exports contracted notably to $X in 2022. Overall, total exports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when exports increased by 24% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then contracted rapidly in the following year.

Exports by Country

Germany (X tons), France (X tons) and Belgium (X tons) were the main destinations of plastic closure exports from the Netherlands, with a combined 54% share of total exports. The UK, Poland, Spain, Italy, Switzerland, the United States, Norway and Sweden lagged somewhat behind, together comprising 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 Poland (with a CAGR of +13.7%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Belgium ($X) appeared to be the largest markets for plastic closure exported from the Netherlands worldwide, together accounting for 44% of total exports. The UK, the United States, Poland, Italy, Spain, Switzerland, Norway and Sweden lagged somewhat behind, together comprising a further 33%.

The United States, with a CAGR of +15.6%, recorded the highest growth rate of 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

The average plastic closure export price stood at $X per ton in 2022, shrinking by -22.5% against the previous year. In general, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the average export price increased by 52% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then declined significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Belgium ($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 the United States (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Closure Imports

Imports into the Netherlands

In 2022, supplies from abroad of plastic stoppers, caps and closures increased by 17% to X tons, rising for the third year in a row after five years of decline. Overall, imports posted a noticeable increase. The most prominent rate of growth was recorded in 2021 with an increase of 72% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, plastic closure imports declined dramatically to $X in 2022. Over the period under review, total imports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +4.4% 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 +53.9% against 2015 indices. The pace of growth was the most pronounced in 2021 with an increase of 29%. As a result, imports reached the peak of $X, and then shrank sharply in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest plastic closure supplier to the Netherlands, with a 64% share of total imports. Moreover, plastic closure imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), sevenfold. France (X tons) ranked third in terms of total imports with a 4.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to +5.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-2.3% per year) and France (+0.5% per year).

In value terms, Germany ($X) constituted the largest supplier of plastic stoppers, caps and closures to the Netherlands, comprising 35% of total imports. The second position in the ranking was taken by Belgium ($X), with a 10% share of total imports. It was followed by France, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+6.0% per year) and France (+7.3% per year).

Import Prices by Country

In 2022, the average plastic closure import price amounted to $X per ton, dropping by -27.7% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 23% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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