Russian Federation: Glass Closure Market 2025

Glass Closure Market Size in the Russian Federation

The Russian glass closure market expanded to $X in 2022, picking up by 2.7% against the previous year. The market value increased at an average annual rate of +2.5% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Glass closure consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Glass Closure Production in the Russian Federation

In value terms, glass closure production reached $X in 2022 estimated in export price. Over the period under review, the total production indicated a temperate increase 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. Based on 2022 figures, production decreased by -1.3% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of 73%. Glass closure production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Glass Closure Exports

Exports from the Russian Federation

After four years of growth, shipments abroad of glass stoppers, lids and other closures decreased by -16.2% to X tons in 2022. Over the period under review, total exports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.9% against 2017 indices. The pace of growth was the most pronounced in 2015 when exports increased by 60%. The exports peaked at X tons in 2021, and then fell notably in the following year.

In value terms, glass closure exports declined sharply to $X in 2022. Overall, exports, however, showed prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 54%. As a result, the exports attained the peak of $X, and then shrank remarkably in the following year.

Exports by Country

Italy (X tons) was the main destination for glass closure exports from Russia, with a 45% share of total exports. Moreover, glass closure exports to Italy exceeded the volume sent to the second major destination, Ukraine (X tons), twofold. Belarus (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2022, the average annual growth rate of volume to Italy amounted to +70.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+5.7% per year) and Belarus (+5.0% per year).

In value terms, Italy ($X), Ukraine ($X) and Belarus ($X) constituted the largest markets for glass closure exported from Russia worldwide, with a combined 75% share of total exports. Uzbekistan, Kazakhstan, Moldova and Armenia lagged somewhat behind, together accounting for a further 23%.

Among the main countries of destination, Uzbekistan, with a CAGR of +94.6%, recorded the highest rates of growth with regard to the value of exports, 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, remaining relatively unchanged against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.2%. The pace of growth was the most pronounced in 2017 when the average export price increased by 23% against the previous year. The export price peaked at $X per ton in 2021, and then contracted in the following year.

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 Kazakhstan ($X per ton), while the average price for exports to Armenia ($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 China (+16.9%), while the prices for the other major destinations experienced more modest paces of growth.

Glass Closure Imports

Imports into the Russian Federation

In 2022, the amount of glass stoppers, lids and other closures imported into Russia rose sharply to X tons, increasing by 13% against the year before. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 53%. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, glass closure imports shrank to $X in 2022. Over the period under review, imports recorded a modest expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 64% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of glass closure to Russia, with a 86% share of total imports. Moreover, glass closure imports from China exceeded the figures recorded by the second-largest supplier, Austria (X tons), more than tenfold. The Czech Republic (X tons) ranked third in terms of total imports with a 3.5% share.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+3.9% per year) and the Czech Republic (+36.1% per year).

In value terms, China ($X) constituted the largest supplier of glass stoppers, lids and other closures to Russia, comprising 77% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a 17% share of total imports. It was followed by Austria, with a 3.5% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+28.2% per year) and Austria (+0.5% per year).

Import Prices by Country

The average glass closure import price stood at $X per ton in 2022, reducing by -11.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 35%. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for Austria ($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 (+2.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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