Base Metal Closure Market Overview in Austria
In value terms, base metal closure production totaled $41M in 2010 estimated in export prices. Over the period under review, base metal closure production, however, continues to indicate outstanding growth. In that year, base metal closure production attained its peak level of $51M, and then declined slightly in the following year.
The revenue of the base metal closure market in Austria amounted to $107M in 2010, falling by -6.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +7.2% over the period from 2007 to 2010; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2008 with an increase of 23% against the previous year. Base metal closure consumption peaked at $115M in 2009, and then declined slightly in the following year.