Australia and Oceania: Market for Bottles, Jars And Other Containers Of Glass 2024

Market Size for Bottles, Jars And Other Containers Of Glass in Australia and Oceania

In 2021, the market for bottles, jars and other containers of glass in Australia and Oceania decreased by -26% to $X for the first time since 2017, thus ending a three-year rising trend. Over the period under review, consumption, however, showed a resilient increase. As a result, consumption reached the peak level of $X, and then contracted markedly in the following year.

Production of Bottles, Jars And Other Containers Of Glass in Australia and Oceania

In value terms, glass bottle, jar and container production reduced sharply to $X in 2021 estimated in export price. In general, production, however, recorded a resilient increase. The pace of growth was the most pronounced in 2020 when the production volume increased by 133% against the previous year. As a result, production reached the peak level of $X, and then fell notably in the following year.

Exports of Bottles, Jars And Other Containers Of Glass

Exports in Australia and Oceania

In 2021, shipments abroad of bottles, jars and other containers of glass was finally on the rise to reach X units after three years of decline. Overall, exports, however, saw a deep slump. The most prominent rate of growth was recorded in 2017 when exports increased by 80%. The volume of export peaked at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, glass bottle, jar and container exports soared to $X in 2021. Over the period under review, exports, however, saw a noticeable slump. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The biggest shipments were from Australia (X units) and New Zealand (X units), together recording 100% of total export.

From 2012 to 2021, the biggest increases were recorded for New Zealand (with a CAGR of +1.2%).

In value terms, Australia ($X) and New Zealand ($X) constituted the countries with the highest levels of exports in 2021.

New Zealand, with a CAGR of +0.6%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2021, therefore, remained relatively stable against the previous year. Over the last nine years, it increased at an average annual rate of +3.0%. The pace of growth appeared the most rapid in 2014 when the export price increased by 23% against the previous year. The level of export peaked at $X per unit in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Australia ($X per unit), while New Zealand amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+4.1%).

Imports of Bottles, Jars And Other Containers Of Glass

Imports in Australia and Oceania

In 2021, the amount of bottles, jars and other containers of glass imported in Australia and Oceania fell to X units, remaining relatively unchanged against the previous year. The total import volume increased at an average annual rate of +1.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 with an increase of 26% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, glass bottle, jar and container imports stood at $X in 2021. The total import value increased at an average annual rate of +4.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of 18%. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Australia (X units) was the main importer of bottles, jars and other containers of glass, constituting 59% of total imports. New Zealand (X units) ranks second in terms of the total imports with a 25% share, followed by Papua New Guinea (13%).

From 2012 to 2021, average annual rates of growth with regard to glass bottle, jar and container imports into Australia stood at +3.9%. At the same time, Papua New Guinea (+18.1%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +18.1% from 2012-2021. By contrast, New Zealand (-4.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Australia and Papua New Guinea increased by +10 and +9.8 percentage points, respectively.

In value terms, Australia ($X) constitutes the largest market for imported bottles, jars and other containers of glass in Australia and Oceania, comprising 62% of total imports. The second position in the ranking was held by New Zealand ($X), with a 27% share of total imports.

In Australia, glass bottle, jar and container imports expanded at an average annual rate of +7.6% over the period from 2012-2021. In the other countries, the average annual rates were as follows: New Zealand (+0.1% per year) and Papua New Guinea (+12.7% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2021, rising by 8.2% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.2%. The pace of growth appeared the most rapid in 2017 when the import price increased by 13% against the previous year. The level of import peaked in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was New Zealand ($X per unit), while Papua New Guinea ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+4.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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