Earlier Report Observations
Over the 2018-2024 period, the Irish plastic closures market in value terms expanded from $68.4 million to $92.0 million, reaching a peak of $116.4 million in 2022. The market demonstrated strong growth in 2021 and 2022, followed by a contraction in 2023 and a modest recovery in 2024.
In physical volume, available data from 2021 onward reveals a sharp decline in market size from 377.5 thousand tonnes to 42.6 thousand tonnes by 2024. Production volume fell dramatically from 336.0 thousand tonnes to 5.4 thousand tonnes over the same timeframe, indicating a significant shift in market dynamics.
Imports, fluctuating between $70.9 million and $92.7 million annually, remained the primary supply source, while exports were relatively stable. Production value showed volatility, rising to $46.4 million in 2022 before decreasing, contributing to the overall market value movements.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2021-2024
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2021-2024
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4.1.2. In value
- 4.1.2.1. Production, 2018-2024
- 4.1.2.2. Imports, 2018-2024
- 4.1.2.3. Exports, 2018-2024
- 4.1.2.4. Market size, 2018-2024
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Ireland
- 5.1.1. In kind, 2021-2024, K t
- 5.1.2. In value, 2018-2024, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, K t
- 5.2.2. In value, 2018-2024, K $ US
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5.1. Production in Ireland
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Ireland in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Ireland by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Ireland in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Ireland by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Ireland, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Ireland by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Ireland in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Ireland by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Ireland in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Ireland by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Ireland, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Ireland by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Ireland in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Ireland by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Ireland in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Ireland by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Ireland, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Ireland by countries, 2018-2024, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Ireland in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Ireland by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Ireland in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Ireland by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Ireland, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Ireland by countries, 2018-2024, $ US/t
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production plastic closures in Ireland
In value, 2017-2020, K $ US
Ireland's plastic closures production volume declined after two years of growth. In 2019, output reached its peak at 28 378 K $ US, but then fell sharply by 27.6% to 20 543 K $ US in 2020. Over the 2017-2020 period, production decreased by 16.6%, with an average annual decline of 5.9%. The largest increase occurred in 2018, when production rose by 10.9%.
Annual dynamics of production in Ireland in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 10.9% | 3.9% | (27.6%) | (5.9%) |
In kind, 2017-2020, K t
Annual dynamics of production in Ireland in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
Exports plastic closures from Ireland
Exports in kind, t
Plastic closures exports from Ireland declined for the third consecutive year. In 2020, exports totaled 3 435 t, down by 9.5% from the previous year. Over the 2017-2020 period, exports decreased by 53.5%, with an average annual decline of 22.5%.
Annual dynamics of product's exports from Ireland in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (10.0%) | (42.9%) | (9.5%) | (22.5%) |
From 2017 to 2020, the United Kingdom, the Netherlands, and Australia were the principal buyers of plastic closures from Ireland. The United Kingdom accounted for 61.7% of exports in kind, the Netherlands for 7.7%, and Australia for 5.3%. Together, these three countries represented 74.7% of total exports in kind.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Ireland in kind, 2017-2020
Exports in value, M $ US
Foreign plastic closures supplies from Ireland declined for the second consecutive year. In 2020, exports totaled 24.9 M $ US, representing a strong decrease of 12.9% from 2019. Over the 2017-2020 period, exports decreased by 29.7%, with an average annual decline of 11.1%. The maximum value was recorded in 2018 at 42.7 M $ US, which also saw the largest increase of 20.5%. In contrast, the largest decline occurred in 2019, with a drop of 33.0%.
Annual dynamics of product's exports from Ireland in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 20.5% | (33.0%) | (12.9%) | (11.1%) |
Throughout 2017-2020, the United Kingdom, the Netherlands, and Australia remained the key partners for Ireland's plastic closures exports in value terms. The United Kingdom accounted for 51.1% of exports, the Netherlands for 5.7%, and Australia for 5.5%. Together, these three countries represented 62.3% of total export flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Ireland in value, 2017-2020
Imports plastic closures to Ireland
Imports in kind, t
The volume of plastic closures imports into Ireland declined for the second consecutive year. In 2020, imports totaled 33 386 t, down by 4.1% from 2019. The maximum volume was recorded in 2018 at 40 191 t, which also saw the largest increase of 18.1%. The largest decline occurred in 2019, with a drop of 13.4%.
Annual dynamics of product's imports to Ireland in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 18.1% | (13.4%) | (4.1%) | (0.6%) |
From 2017 to 2020, the United Kingdom, France, and the Netherlands consistently led as the main sources of plastic closures imports into Ireland in kind. The United Kingdom accounted for 46.0% of imports, France for 17.9%, and the Netherlands for 12.9%. Together, these three countries represented 76.8% of total import flows.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Ireland in kind, 2017-2020
Imports in value, M $ US
Plastic closures imports into Ireland declined for the third consecutive year. In 2020, import volume amounted to 71.0 M $ US, showing a fall of 3.2% from 2019. Between 2017 and 2020, imports decreased by 29.3%, with an average annual decline of 10.9%.
Annual dynamics of product's imports to Ireland in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (16.5%) | (12.6%) | (3.2%) | (10.9%) |
Over the 2017-2020 period, the United Kingdom, the United States, and France stood out as the main markets for plastic closures imports into Ireland in value terms. The United Kingdom accounted for 43.4% of imports, the United States for 22.2%, and France for 9.4%. Together, these three countries represented 75.0% of total import flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Ireland in value, 2017-2020
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