Eastern Europe - Iron or Steel Crown Corks - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEastern Europe: Metal Crown Cork Market 2024
Metal Crown Cork Market Size in Eastern Europe
In 2023, the East European metal crown cork market decreased by X% to $X for the first time since 2019, thus ending a three-year rising trend. The total consumption indicated tangible growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2019 indices. Over the period under review, the market attained the maximum level at $X in 2022, and then contracted in the following year.
Metal Crown Cork Production in Eastern Europe
In value terms, metal crown cork production rose rapidly to $X in 2023 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, production attained the peak level of $X. From 2022 to 2023, production growth remained at a somewhat lower figure.
Metal Crown Cork Exports
Exports in Eastern Europe
In 2023, the amount of iron or steel crown corks exported in Eastern Europe rose remarkably to X units, increasing by X% compared with 2022. Over the period under review, exports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2023, the exports failed to regain momentum.
In value terms, metal crown cork exports soared to $X in 2023. Overall, exports, however, continue to indicate a deep setback. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.
Exports by Country
In 2023, the Czech Republic (X units) was the largest exporter of iron or steel crown corks, making up X% of total exports. Russia (X units) ranks second in terms of the total exports with an X% share, followed by Latvia (X%), Belarus (X%), Ukraine (X%) and Poland (X%).
From 2012 to 2023, average annual rates of growth with regard to metal crown cork exports from the Czech Republic stood at X%. At the same time, Latvia (X%), Russia (X%) and Poland (X%) displayed positive paces of growth. Moreover, Latvia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. By contrast, Belarus (X%) and Ukraine (X%) illustrated a downward trend over the same period. While the share of the Czech Republic (X p.p.), Russia (X p.p.), Latvia (X p.p.) and Poland (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Belarus (X p.p.) and Ukraine (X p.p.) displayed negative dynamics.
In value terms, the Czech Republic ($X), Latvia ($X) and Poland ($X) constituted the countries with the highest levels of exports in 2023, together comprising X% of total exports.
Latvia, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2023, the export price in Eastern Europe amounted to $X per thousand units, with an increase of X% against the previous year. Overall, the export price enjoyed a strong expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Belarus ($X per thousand units), while Russia ($X per thousand units) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belarus (X%), while the other leaders experienced more modest paces of growth.
Metal Crown Cork Imports
Imports in Eastern Europe
Metal crown cork imports surged to X units in 2023, growing by X% against 2022. Overall, imports, however, recorded a deep contraction. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.
In value terms, metal crown cork imports surged to $X in 2023. Over the period under review, imports, however, saw a pronounced decline. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.
Imports by Country
The Czech Republic (X units) and Russia (X units) represented roughly X% of total imports in 2023. Poland (X units) took an X% share (based on physical terms) of total imports, which put it in second place, followed by Romania (X%), Hungary (X%), Latvia (X%), Bulgaria (X%) and Estonia (X%).
From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the Czech Republic ($X), Russia ($X) and Hungary ($X) constituted the countries with the highest levels of imports in 2023, together comprising X% of total imports. Poland, Latvia, Romania, Bulgaria and Estonia lagged somewhat behind, together accounting for a further X%.
Poland, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The import price in Eastern Europe stood at $X per thousand units in 2023, growing by X% against the previous year. Import price indicated moderate growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, metal crown cork import price increased by X% against 2018 indices. The growth pace was the most rapid in 2017 when the import price increased by X%. Over the period under review, import prices hit record highs in 2023 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Latvia ($X per thousand units), while Estonia ($X per thousand units) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Latvia (X%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the metal crown cork market in Eastern Europe. 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 25921330 - Iron or steel crown corks
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Eastern Europe, split by region and country
- Trade (exports and imports) in Eastern Europe
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Belarus
- Bulgaria
- Czech Republic
- Estonia
- Hungary
- Latvia
- Lithuania
- Moldova
- Poland
- Romania
- Russia
- Slovakia
- Ukraine
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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