In 2023, Germany led European exports of plastic closures with a market share of 24.23%, despite a 2.09% decline. Italy followed closely with growth of 10.49% capturing 23.41% market share. Spain and Ireland maintained significant shares at 13.8% and 12.48%, respectively. Conversely, the UK faced a drastic 100% drop. Other notable growers included Belgium and Estonia with increases of 9.22% and 19.97%. Smaller markets like Malta and Finland saw declines of 11.21% and 8.36%.
Future trends to monitor include the potential for further expansions by Italy and Spain, market recovery attempts by Portugal and the UK, as well as the impact of environmental regulations on plastic usage in Europe.
Top countries in Export of Plastic Stoppers, Lids, Caps, Capsules and Other Closures Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 24.23 | 2023 | +0.051% | -2.09% | View data |
| 2 | 2 Italy | 23.41 | 2023 | -19.44% | +10.49% | View data |
| 3 | 3 Spain | 13.8 | 2023 | +1.78% | +8.03% | View data |
| 4 | 4 Ireland | 12.48 | 2023 | +0.29% | View data | |
| 5 | 5 United Kingdom | 5.34 | 2023 | -26.37% | View data | |
| 6 | 6 Belgium | 5.29 | 2023 | +17.16% | +9.22% | View data |
| 7 | 7 Hungary | 2.99 | 2023 | +0.51% | +0.47% | View data |
| 8 | 8 Poland | 2.8 | 2023 | +2.1% | +1.45% | View data |
| 9 | 9 Austria | 1.75 | 2023 | +0.3% | +1.74% | View data |
| 10 | 10 Czechia | 1.21 | 2023 |
