The global export of stoppers, caps, lids, and packing items of base metal was led by Poland in 2023, with a value of $796 million, showing a strong growth rate of 4.17%. Other top exporters included China, Germany, Italy, and Spain, with varying year-on-year growth. Key highlights include China's sustainable growth of 4.35% and significant contributions from emerging markets such as the Czech Republic and Thailand. However, established markets like the United Kingdom saw declines. Negative growth was observed in some countries, including Lebanon and Ivory Coast, indicating potential economic or market challenges.
Future trends to watch include increasing contributions from developing countries as they scale their manufacturing capabilities, alongside potential growth opportunities in technological advancements in production, which may influence the competitive landscape of base metal exports significantly.
Top countries in Export of Stoppers, Caps, Lids, Packing Items of Base Metal by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 796,000,000 | 2023 | +4.45% | +4.17% | View data |
| 2 | 2 China | 665,870,000 | 2023 | +4.38% | +4.35% | View data |
| 3 | 3 Germany | 613,710,000 | 2023 | +0.4% | +0.47% | View data |
| 4 | 4 Italy | 589,410,000 | 2023 | +1.67% | +1.34% | View data |
| 5 | 5 Spain | 565,560,000 | 2023 | +2.63% | +2.93% | View data |
| 6 | 6 United States | 533,910,000 | 2023 | +0.45% | +0.87% | View data |
| 7 | 7 France | 402,840,000 | 2023 | +0.6% | +0.43% | View data |
| 8 | 8 Mexico | 254,510,000 | 2023 | +3.43% | +2.47% | View data |
| 9 | 9 Netherlands | 234,760,000 | 2023 | +1.95% | +1.12% | View data |
| 10 | 10 Czech Republic | 222,330,000 | 2023 | +3.57% | +3.68% | View data |