Angola: Market for Bottles, Jars And Other Containers Of Glass 2024

Market Size for Bottles, Jars And Other Containers Of Glass in Angola

The Angolan market for bottles, jars and other containers of glass shrank notably to $X in 2021, falling by -37.5% against the previous year. In general, consumption, however, posted a strong increase. As a result, consumption reached the peak level of $X, and then shrank remarkably in the following year.

Production of Bottles, Jars And Other Containers Of Glass in Angola

In value terms, glass bottle, jar and container production declined sharply to $X in 2021 estimated in export price. Over the period under review, production, however, showed a resilient expansion. The pace of growth was the most pronounced in 2020 when the production volume increased by 267%. As a result, production reached the peak level of $X, and then dropped sharply in the following year.

Exports of Bottles, Jars And Other Containers Of Glass

Exports from Angola

In 2021, shipments abroad of bottles, jars and other containers of glass increased by 254% to X units, rising for the second year in a row after two years of decline. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2016 when exports increased by 423%. The exports peaked in 2021 and are likely to continue growth in the near future.

In value terms, glass bottle, jar and container exports surged to $X in 2021. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 476%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Congo (X units) was the main destination for glass bottle, jar and container exports from Angola, accounting for a 70% share of total exports. Moreover, glass bottle, jar and container exports to Congo exceeded the volume sent to the second major destination, South Africa (X units), twofold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Congo totaled +77.9%.

In value terms, Congo ($X) and South Africa ($X) appeared to be the largest markets for glass bottle, jar and container exported from Angola worldwide.

Congo, with a CAGR of +71.8%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

The average export price for bottles, jars and other containers of glass stood at $X per unit in 2021, which is down by -14.8% against the previous year. Over the period under review, the export price showed a abrupt curtailment. The growth pace was the most rapid in 2020 when the average export price increased by 10%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2021, amid the top suppliers, the country with the highest price was South Africa ($X per unit), while the average price for exports to Congo amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Madagascar (+20.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Bottles, Jars And Other Containers Of Glass

Imports into Angola

In 2021, overseas purchases of bottles, jars and other containers of glass decreased by -50.9% to X units, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2016 when imports increased by 131%. As a result, imports reached the peak of X units. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, glass bottle, jar and container imports declined dramatically to $X in 2021. In general, imports continue to indicate a noticeable slump. The pace of growth appeared the most rapid in 2014 when imports increased by 78% against the previous year. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

South Africa (X units), India (X units) and Portugal (X units) were the main suppliers of glass bottle, jar and container imports to Angola, together comprising 57% of total imports. These countries were followed by Egypt, the UK, China, Ukraine and the United Arab Emirates, which together accounted for a further 25%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Egypt (with a CAGR of +173.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), China ($X) and Portugal ($X) appeared to be the largest glass bottle, jar and container suppliers to Angola, together accounting for 52% of total imports. These countries were followed by India, the UK, Egypt, Ukraine and the United Arab Emirates, which together accounted for a further 26%.

Egypt, with a CAGR of +192.3%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for bottles, jars and other containers of glass amounted to $X per unit, surging by 6.2% against the previous year. In general, import price indicated a moderate expansion from 2012 to 2021: its price increased at an average annual rate of +4.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, glass bottle, jar and container import price increased by +63.5% against 2016 indices. The growth pace was the most rapid in 2019 an increase of 32% against the previous year. Over the period under review, average import prices attained the peak figure in 2021 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+22.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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