Norway: Glass Closure Market 2025

Glass Closure Market Size in Norway

The Norwegian glass closure market totaled $X in 2022, remaining stable against the previous year. In general, the total consumption indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +5.1% 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 -1.3% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Glass Closure Production in Norway

In value terms, glass closure production amounted to $X in 2022 estimated in export price. Over the period under review, the total production indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.6% 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 -1.5% against 2020 indices. The growth pace was the most rapid in 2018 with an increase of 51% against the previous year. Glass closure production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Glass Closure Exports

Exports from Norway

In 2022, shipments abroad of glass stoppers, lids and other closures decreased by 0% to X tons, falling for the second year in a row after five years of decline. Overall, exports recorded a strong expansion. The pace of growth appeared the most rapid in 2014 with an increase of 307% against the previous year. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, glass closure exports amounted to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 649% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa (X tons) was the main destination for glass closure exports from Norway, accounting for a 91% share of total exports. Moreover, glass closure exports to South Africa exceeded the volume sent to the second major destination, Italy (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to South Africa was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (0.0% per year) and Denmark (-33.2% per year).

From 2012 to 2022, the average annual growth rate of value to South Africa was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (0.0% per year) and Denmark (-38.3% per year).

Export Prices by Country

The average glass closure export price stood at $X per ton in 2022, approximately equating the previous year. Over the period under review, the export price saw a deep downturn. The most prominent rate of growth was recorded in 2013 an increase of 241%. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to South Africa ($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 Denmark (-7.6%).

Glass Closure Imports

Imports into Norway

In 2022, overseas purchases of glass stoppers, lids and other closures decreased by -42% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, showed a pronounced increase. The most prominent rate of growth was recorded in 2019 when imports increased by 134%. Imports peaked at X tons in 2021, and then fell sharply in the following year.

In value terms, glass closure imports dropped markedly to $X in 2022. Overall, imports, however, continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2019 with an increase of 84%. Imports peaked at $X in 2021, and then plummeted in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest glass closure supplier to Norway, accounting for a 73% share of total imports. Moreover, glass closure imports from China exceeded the figures recorded by the second-largest supplier, Spain (X tons), ninefold. The third position in this ranking was held by the UK (X tons), with a 7.3% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +13.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+93.7% per year) and the UK (+45.7% per year).

In value terms, China ($X) constituted the largest supplier of glass stoppers, lids and other closures to Norway, comprising 68% of total imports. The second position in the ranking was taken by the UK ($X), with a 7.2% share of total imports. It was followed by Spain, with a 5.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +10.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+25.2% per year) and Spain (+115.7% per year).

Import Prices by Country

The average glass closure import price stood at $X per ton in 2022, rising by 22% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price 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. Based on 2022 figures, glass closure import price decreased by -6.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 an increase of 51% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+44.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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