Report Update Jan 1, 2025

Pakistan - Glass Stoppers, Lids and Other Closures - Market Analysis, Forecast, Size, Trends and Insights

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Pakistan: Glass Closure Market 2025

Glass Closure Market Size in Pakistan

The Pakistani glass closure market rose modestly to $X in 2022, picking up by 3.2% against the previous year. Overall, consumption saw a relatively flat trend pattern. Glass closure consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Glass Closure Production in Pakistan

In value terms, glass closure production reached $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the production volume increased by 17% against the previous year. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Glass Closure Exports

Exports from Pakistan

For the third consecutive year, Pakistan recorded growth in shipments abroad of glass stoppers, lids and other closures, which increased by 67% to X tons in 2022. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by 599% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, glass closure exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed a mild expansion. The most prominent rate of growth was recorded in 2014 with an increase of 634% against the previous year. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons) and Tanzania (X tons) were the main destinations of glass closure exports from Pakistan.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +39.4%).

In value terms, Tanzania ($X) remains the key foreign market for glass stoppers, lids and other closures exports from Pakistan, comprising 64% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 22% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Tanzania was relatively modest.

Export Prices by Country

The average glass closure export price stood at $X per ton in 2022, shrinking by -30% against the previous year. In general, the export price showed a abrupt slump. The pace of growth appeared the most rapid in 2013 when the average export price increased by 34% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($X per ton), while the average price for exports to the United Arab Emirates amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+0.0%), while the prices for the other major destinations experienced a decline.

Glass Closure Imports

Imports into Pakistan

In 2022, purchases abroad of glass stoppers, lids and other closures decreased by -29.6% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2014 with an increase of 118% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, glass closure imports dropped to $X in 2022. In general, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2013 when imports increased by 144% against the previous year. Imports peaked at $X in 2021, and then declined in the following year.

Imports by Country

In 2022, China (X tons) was the main glass closure supplier to Pakistan, with a approx. 98% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +34.4%.

In value terms, China ($X) constituted the largest supplier of glass stoppers, lids and other closures to Pakistan.

From 2012 to 2022, the average annual growth rate of value from China amounted to +40.4%.

Import Prices by Country

The average glass closure import price stood at $X per ton in 2022, rising by 22% against the previous year. In general, import price indicated moderate growth 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 increased by +78.0% against 2015 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +4.4% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for glass stoppers, lids and other closures in the world?

China constituted the country with the largest volume of glass closure consumption, accounting for 17% of total volume. Moreover, glass closure consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. India ranked third in terms of total consumption with a 6.6% share.

What are the largest producers of glass stoppers, lids and other closures in the world?

China constituted the country with the largest volume of glass closure production, comprising approx. 18% of total volume. Moreover, glass closure production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. India ranked third in terms of total production with a 6.5% share.

What are the leading suppliers of glass stoppers, lids and other closures to Pakistan?

In value terms, China constituted the largest supplier of glass closure to Pakistan.

What is the average import price for glass stoppers, lids and other closures in Pakistan?

In 2021, the average glass closure import price amounted to $1.2 per unit, stabilizing at the previous year.

This report provides an in-depth analysis of the glass closure market in Pakistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 23131110 - Glass preserving jars, stoppers, lids and other closures (including stoppers and closures of any material presented with the containers for which they are intended)

Country coverage:

Pakistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Pakistan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024