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

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

In 2021, the Austrian market for bottles, jars and other containers of glass decreased by -24.4% to $X for the first time since 2018, thus ending a two-year rising trend. In general, consumption continues to indicate a prominent increase. As a result, consumption attained the peak level of $X, and then fell notably in the following year.

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

In value terms, glass bottle, jar and container production dropped notably to $X in 2021 estimated in export price. Over the period under review, production recorded resilient growth. The pace of growth was the most pronounced in 2020 with an increase of 218% against the previous year. As a result, production reached the peak level of $X, and then reduced notably in the following year.

Exports of Bottles, Jars And Other Containers Of Glass

Exports from Austria

In 2021, exports of bottles, jars and other containers of glass from Austria skyrocketed to X units, increasing by 92% on the year before. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, glass bottle, jar and container exports surged to $X in 2021. The total export value increased at an average annual rate of +6.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of 29%. The exports peaked in 2021 and are likely to continue growth in the near future.

Exports by Country

Germany (X units), France (X units) and Italy (X units) were the main destinations of glass bottle, jar and container exports from Austria, together comprising 57% of total exports. Switzerland, Hungary, the Netherlands, Spain, the UK, Croatia, Slovenia, the United States and the Czech Republic lagged somewhat behind, together comprising a further 34%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovenia (with a CAGR of +34.0%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Italy ($X) constituted the largest markets for glass bottle, jar and container exported from Austria worldwide, together accounting for 48% of total exports. These countries were followed by Switzerland, Hungary, the United States, the Netherlands, the UK, Spain, Croatia, the Czech Republic and Slovenia, which together accounted for a further 39%.

Among the main countries of destination, Slovenia, with a CAGR of +12.7%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for bottles, jars and other containers of glass amounted to $X per unit, with a decrease of -38.5% against the previous year. In general, the export price faced a abrupt downturn. The pace of growth appeared the most rapid in 2018 an increase of 4.1% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Slovenia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-6.2%), while the prices for the other major destinations experienced a decline.

Imports of Bottles, Jars And Other Containers Of Glass

Imports into Austria

In 2021, supplies from abroad of bottles, jars and other containers of glass increased by 63% to X units, rising for the seventh consecutive year after two years of decline. Over the period under review, imports enjoyed a buoyant increase. The growth pace was the most rapid in 2020 when imports increased by 71% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, glass bottle, jar and container imports surged to $X in 2021. Overall, total imports indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +59.2% against 2015 indices. The most prominent rate of growth was recorded in 2018 with an increase of 23% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Germany (X units) constituted the largest glass bottle, jar and container supplier to Austria, accounting for a 43% share of total imports. Moreover, glass bottle, jar and container imports from Germany exceeded the figures recorded by the second-largest supplier, the Czech Republic (X units), threefold. Ukraine (X units) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled +20.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+14.6% per year) and Ukraine (+35.5% per year).

In value terms, Germany ($X) constituted the largest supplier of bottles, jars and other containers of glass to Austria, comprising 50% of total imports. The second position in the ranking was taken by Italy ($X), with an 11% share of total imports. It was followed by the Czech Republic, with an 8.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-1.7% per year) and the Czech Republic (+4.2% per year).

Import Prices by Country

The average import price for bottles, jars and other containers of glass stood at $X per unit in 2021, with a decrease of -28.7% against the previous year. In general, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2014 an increase of 11%. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (-5.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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