Ukraine: Base Metal Closure Market 2025

Base Metal Closure Market Size in Ukraine

In 2021, the Ukrainian base metal closure market decreased by -38.6% to $X, falling for the second year in a row after two years of growth. Overall, consumption showed a abrupt contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Base Metal Closure Production in Ukraine

In value terms, base metal closure production shrank slightly to $X in 2021 estimated in export price. Over the period under review, the total production indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +47.7% against 2017 indices. The growth pace was the most rapid in 2019 when the production volume increased by 38%. Over the period under review, production reached the maximum level at $X in 2020, and then contracted modestly in the following year.

Base Metal Closure Exports

Exports from Ukraine

In 2021, approx. X tons of base metal closures, stoppers, caps and lids were exported from Ukraine; rising by 32% compared with 2020. The total export volume increased at an average annual rate of +2.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, base metal closure exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +1.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X tons), Belarus (X tons) and Romania (X tons) were the main destinations of base metal closure exports from Ukraine, together accounting for 27% of total exports.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +395.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Belarus ($X), the United States ($X) and Italy ($X) appeared to be the largest markets for base metal closure exported from Ukraine worldwide, with a combined 33% share of total exports. France, Georgia, Spain, Poland, Lithuania, Romania, the Czech Republic, Moldova, Uzbekistan and Azerbaijan lagged somewhat behind, together accounting for a further 45%.

France, with a CAGR of +343.7%, 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, surging by 7.1% against the previous year. In general, the export price, however, continues to indicate a slight slump. The pace of growth was the most pronounced in 2017 an increase of 11%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Uzbekistan ($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 Georgia (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.

Base Metal Closure Imports

Imports into Ukraine

Base metal closure imports into Ukraine skyrocketed to X tons in 2021, growing by 19% against the previous year. Over the period under review, imports showed prominent growth. The growth pace was the most rapid in 2020 when imports increased by 24%. Over the period under review, imports attained the peak figure in 2021 and are likely to see steady growth in the near future.

In value terms, base metal closure imports surged to $X in 2021. Overall, imports enjoyed prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Poland (X tons) constituted the largest supplier of base metal closure to Ukraine, accounting for a 52% share of total imports. Moreover, base metal closure imports from Poland exceeded the figures recorded by the second-largest supplier, Turkey (X tons), fivefold. Belarus (X tons) ranked third in terms of total imports with a 9.4% share.

From 2012 to 2021, the average annual growth rate of volume from Poland amounted to +4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+47.6% per year) and Belarus (+21.7% per year).

In value terms, Poland ($X) constituted the largest supplier of base metal closures, stoppers, caps and lids to Ukraine, comprising 62% of total imports. The second position in the ranking was held by Germany ($X), with a 7.7% share of total imports. It was followed by Belarus, with a 6.8% share.

From 2012 to 2021, the average annual growth rate of value from Poland stood at +5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+15.2% per year) and Belarus (+18.0% per year).

Import Prices by Country

The average base metal closure import price stood at $X per ton in 2021, growing by 8.8% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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