United Kingdom: Glass Closure Market 2025

Glass Closure Market Size in the UK

The UK glass closure market reduced to $X in 2022, with a decrease of -6.4% against the previous year. Overall, consumption recorded a noticeable curtailment. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Glass Closure Production in the UK

In value terms, glass closure production dropped to $X in 2022 estimated in export price. In general, production showed a abrupt decline. The pace of growth appeared the most rapid in 2014 with an increase of 16% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Glass Closure Exports

Exports from the UK

In 2022, shipments abroad of glass stoppers, lids and other closures decreased by -5.9% to X tons, falling for the fifth year in a row after six years of growth. Over the period under review, exports, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2016 with an increase of 238% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, glass closure exports declined to $X in 2022. In general, exports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of 159%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Denmark (X tons) was the main destination for glass closure exports from the UK, with a 58% share of total exports. Moreover, glass closure exports to Denmark exceeded the volume sent to the second major destination, France (X tons), fivefold. Mauritius (X tons) ranked third in terms of total exports with a 3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Denmark amounted to +210.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+56.1% per year) and Mauritius (-12.2% per year).

In value terms, Denmark ($X) remains the key foreign market for glass stoppers, lids and other closures exports from the UK, comprising 52% of total exports. The second position in the ranking was taken by France ($X), with a 4.9% share of total exports. It was followed by Norway, with a 4.1% share.

From 2012 to 2022, the average annual growth rate of value to Denmark amounted to +186.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+33.2% per year) and Norway (+26.7% per year).

Export Prices by Country

In 2022, the average glass closure export price amounted to $X per ton, shrinking by -5.3% against the previous year. In general, the export price continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2015 when the average export price increased by 29%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($X per ton), while the average price for exports to Somalia ($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 Mauritius (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

Glass Closure Imports

Imports into the UK

In 2022, imports of glass stoppers, lids and other closures into the UK surged to X tons, increasing by 19% on 2021 figures. Over the period under review, imports posted a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of 113%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, glass closure imports shrank notably to $X in 2022. Overall, imports posted strong growth. The pace of growth appeared the most rapid in 2014 when imports increased by 88% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Austria (X tons), China (X tons) and the Czech Republic (X tons) were the main suppliers of glass closure imports to the UK, together comprising 95% of total imports.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of +175.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest glass closure suppliers to the UK were China ($X), Austria ($X) and the Czech Republic ($X), with a combined 88% share of total imports.

Among the main suppliers, Austria, with a CAGR of +146.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average glass closure import price amounted to $X per ton, reducing by -31.4% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 41% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, 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 the Czech Republic (+19.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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