Armenia: Glass Container Market 2020

Glass Container Market Size in Armenia

The revenue of the glass container market in Armenia amounted to $X in 2018, jumping by X% against the previous year. Overall, glass container consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. In that year, the glass container market reached its peak level of $X. From 2009 to 2018, the growth of the glass container market remained at a somewhat lower figure.

Glass Container Production in Armenia

In value terms, glass container production totaled $X in 2018 estimated in export prices. Over the period under review, glass container production continues to indicate an abrupt slump. The most prominent rate of growth was recorded in 2018 when production volume increased by X% y-o-y. Armenia glass container production peaked at $X in 2007; however, from 2008 to 2018, production failed to regain its momentum.

Glass Container Exports

Exports from Armenia

In 2018, approx. X units of bottles, jars and other containers of glass were exported from Armenia; remaining stable against the previous year. Overall, glass container exports continue to indicate modest growth. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. In that year, glass container exports attained their peak of X units. From 2014 to 2018, the growth of glass container exports failed to regain its momentum.

In value terms, glass container exports stood at $X in 2018. Overall, glass container exports continue to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Armenia exports peaked at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

China (X units), Germany (X units) and Portugal (X units) represented roughly X% of total exports of bottles, jars and other containers of glass in 2018. Spain (X units) occupied a X% share (based on tons) of total exports, which put it in second place, followed by the Netherlands (X%). Poland (X units), France (X units), Mexico (X units), Russia (X units), Italy (X units), the U.S. (X units) and the Czech Republic (X units) held a minor share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Spain, while the other leaders experienced more modest paces of growth.

In value terms, the largest glass container markets from Armenia were China ($X), Germany ($X) and Italy ($X), together comprising X% of total exports.

In terms of the main exporting countries, China experienced the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The glass container export price in Armenia stood at $X per unit in 2018, rising by X% against the previous year. Overall, the glass container export price, however, continues to indicate an abrupt decrease. The most prominent rate of growth was recorded in 2018 when the export price increased by X% y-o-y. Over the period under review, the export prices for bottles, jars and other containers of glass reached their peak figure at $X per unit in 2007; however, from 2008 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per unit), while Russia ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by France, while the other leaders experienced more modest paces of growth.

Glass Container Imports

Imports into Armenia

In 2018, the amount of bottles, jars and other containers of glass imported into Armenia totaled X units, rising by X% against the previous year. Overall, glass container imports continue to indicate a strong expansion. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. Over the period under review, glass container imports attained their maximum in 2018 and are expected to retain its growth in the near future.

In value terms, glass container imports amounted to $X in 2018. In general, the total imports indicated a resilient increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, glass container imports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Armenia imports peaked in 2018 and are likely to continue its growth in the immediate term.

Imports by Country

The imports of the six major importers of bottles, jars and other containers of glass, namely the U.S., France, Spain, Belgium, Italy and Germany, represented more than third of total import. The following importers - the Netherlands (X units), Mexico (X units), Australia (X units), Portugal (X units), Poland (X units) and Canada (X units) - each amounted to an X% share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Belgium, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), France ($X) and Italy ($X) constituted the countries with the highest levels of imports in 2018, together comprising X% of total imports. Spain, Belgium, Germany, Canada, Poland, the Netherlands, Mexico, Australia, Portugal and Armenia lagged somewhat behind, together accounting for a further X experienced the highest growth rate of imports, among the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the glass container import price in Armenia amounted to $X per unit, picking up by X% against the previous year. Overall, the glass container import price, however, continues to indicate a slight downturn. The most prominent rate of growth was recorded in 2011 when the import price increased by X% against the previous year. In that year, the import prices for bottles, jars and other containers of glass reached their peak level of $X per unit. From 2012 to 2018, the growth in terms of the import prices for bottles, jars and other containers of glass failed to regain its momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Canada ($X per unit), while Spain ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Canada, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform