Metal caps and lids market in Spain

Earlier Report Observations

The Spanish market for metal caps and lids expanded in volume from 142.6 thousand tons in 2018 to a peak of 170.1 thousand tons in 2020. This growth was followed by a significant contraction, with market size falling to 141.7 thousand tons in 2021 and further to 119.8 thousand tons in 2022. The decline continued into 2023, reaching 113.2 thousand tons, before a recovery to 122.4 thousand tons in 2024.

From 2022 onwards, several factors shaped the market dynamics. The closure of the Eviosys production plant in Spain reduced domestic manufacturing capacity, contributing to the drop in market volume. Additionally, the sector faced economic challenges from evolving industrial prices and conditions, which dampened sales in 2023. Conversely, in 2024, growing demand for secure, sustainable packaging with tamper-evident features, particularly in the pharmaceutical and beverage sectors, supported the market rebound. Investments in new production facilities by companies like Grupo Torrent, Axilone, Plastin, and Plásticos González also enhanced supply capabilities. The entry of new players, such as Guala Cierres through its acquisition of Labrenta in 2022, added competition and innovation to the market.

Production metal caps and lids in Spain

In value, 2017-2020, M $ US

In 2020, Spain's production of metal caps and lids reached a value of 707.0 million US dollars, marking a 17.0% year-over-year increase. Over the period from 2017 to 2020, production grew by 18%, with a compound annual growth rate of 5.7%. The most significant decline occurred in 2019, when production fell by 2.9%.

Annual dynamics of production in Spain in value, 2017-2020, M $ US

In kind, 2017-2020, K t

Spain's production of metal caps and lids increased for the third consecutive year. In 2020, the country produced 202.9 thousand tonnes, representing a sharp rise of 37.7% compared to 2019. From 2017 to 2020, production expanded by 38.5%, with a compound annual growth rate of 11.5%.

Annual dynamics of production in Spain in kind, 2017-2020, K t

Exports metal caps and lids from Spain

Exports in kind, K t

Spain's exports of metal caps and lids grew for the second consecutive year. In 2020, the country exported 116.2 thousand tonnes, up by 7.7% from the previous year. Over the period from 2017 to 2020, exports increased by 8.1%, with a compound annual growth rate of 2.6%. The lowest export volume was recorded in 2018 at 104.4 thousand tonnes, which also saw the largest decline of 2.9%.

Annual dynamics of product's exports from Spain in kind, 2017-2020, K t

From 2017 to 2020, Spain supplied metal caps and lids to a wide range of markets. Even the top destinations—France, Morocco, and the United States—collectively accounted for only 36.9% of total exports in volume terms, highlighting the diversity of Spain's export markets.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Spain in kind, 2017-2020

Exports in value, M $ US

Spain's export value of metal caps and lids rose for the third consecutive year. In 2020, exports totaled 540.1 million US dollars, a 5.7% increase over the previous year. Between 2017 and 2020, exports grew by 10.8%, equating to an annualized rate of 3.5%.

Annual dynamics of product's exports from Spain in value, 2017-2020, M $ US

During 2017–2020, France, the United States, and Morocco were the largest buyers of metal caps and lids from Spain in value terms, accounting for 19.8%, 13.2%, and 9.1% of exports, respectively. Together, they represented 42.1% of total export value, but this share was not dominant, as Spain maintained a broad network of smaller trading partners.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Spain in value, 2017-2020

Imports metal caps and lids to Spain

Imports in kind, K t

After two years of growth, Spain's imports of metal caps and lids declined in volume. In 2020, imports stood at 83.5 thousand tonnes, down by 28.4% from the previous year. From 2017 to 2020, imports increased by 4.4%, with an annualized rate of 1.5%. The peak import volume was recorded in 2019 at 116.5 thousand tonnes, while the largest increase occurred in 2018 at 25.4%.

Annual dynamics of product's imports to Spain in kind, 2017-2020, K t

In the period from 2017 to 2020, France, Italy, and Portugal were the main sources of Spain's imports of metal caps and lids in volume terms, accounting for 41.5%, 17.8%, and 7.8% of imports, respectively. Together, they made up 67.1% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Spain in kind, 2017-2020

Imports in value, M $ US

Spain's import value of metal caps and lids fell for the second consecutive year. In 2020, imports amounted to 211.4 million US dollars, reflecting a controlled contraction of 4.0% from the previous year. Between 2017 and 2020, imports decreased by 14.7%, with an annualized rate of 5.2%. The highest import value was recorded in 2018 at 249.0 million US dollars, which also saw the largest increase of 0.5%. The most significant decline occurred in 2019, with a drop of 11.5%.

Annual dynamics of product's imports to Spain in value, 2017-2020, M $ US

From 2017 to 2020, Italy, Poland, and France were the largest suppliers of metal caps and lids to Spain in value terms, contributing 19.0%, 15.7%, and 12.6% of imports, respectively. Their combined share was 47.4% of total import value, indicating a diversified supplier structure with many smaller partners.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Spain in value, 2017-2020