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

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

In 2021, after two years of growth, there was significant decline in the Belarusian market for bottles, jars and other containers of glass, when its value decreased by -28.5% to $X. Over the period under review, consumption, however, posted a strong increase. As a result, consumption reached the peak level of $X, and then shrank notably in the following year.

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

In value terms, glass bottle, jar and container production declined rapidly to $X in 2021 estimated in export price. Overall, production, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2020 when the production volume increased by 172%. As a result, production reached the peak level of $X, and then declined dramatically in the following year.

Exports of Bottles, Jars And Other Containers Of Glass

Exports from Belarus

In 2021, overseas shipments of bottles, jars and other containers of glass decreased by -22.2% to X units, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a deep reduction. The growth pace was the most rapid in 2019 with an increase of 80%. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, glass bottle, jar and container exports shrank sharply to $X in 2021. In general, exports saw a abrupt shrinkage. The growth pace was the most rapid in 2019 when exports increased by 94% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Ukraine (X units), Lithuania (X units) and Poland (X units) were the main destinations of glass bottle, jar and container exports from Belarus, together accounting for 58% of total exports. These countries were followed by Russia, Latvia, Germany and Estonia, which together accounted for a further 38%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +35.1%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for glass bottle, jar and container exported from Belarus were Ukraine ($X), Lithuania ($X) and Russia ($X), together accounting for 58% of total exports. Poland, Germany, Latvia and Estonia lagged somewhat behind, together accounting for a further 37%.

In terms of the main countries of destination, Germany, with a CAGR of +33.3%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average export price for bottles, jars and other containers of glass amounted to $X per unit, therefore, remained relatively stable against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 12%. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2021, amid the top suppliers, the countries with the highest prices were Russia ($X per unit) and Estonia ($X per unit), while the average price for exports to Lithuania ($X per unit) and Latvia ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+1.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Bottles, Jars And Other Containers Of Glass

Imports into Belarus

In 2021, the amount of bottles, jars and other containers of glass imported into Belarus reduced modestly to X units, approximately reflecting the previous year. Over the period under review, imports recorded a noticeable setback. The pace of growth appeared the most rapid in 2013 when imports increased by 20% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, glass bottle, jar and container imports dropped to $X in 2021. In general, imports saw a noticeable decline. The growth pace was the most rapid in 2016 with an increase of 27% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Russia (X units) constituted the largest glass bottle, jar and container supplier to Belarus, with a 81% share of total imports. Moreover, glass bottle, jar and container imports from Russia exceeded the figures recorded by the second-largest supplier, Ukraine (X units), sixfold.

From 2012 to 2021, the average annual growth rate of volume from Russia stood at +2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (-14.0% per year) and China (+27.2% per year).

In value terms, Russia ($X) constituted the largest supplier of bottles, jars and other containers of glass to Belarus, comprising 66% of total imports. The second position in the ranking was held by Ukraine ($X), with a 14% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (-14.8% per year) and China (+19.7% per year).

Import Prices by Country

In 2021, the average import price for bottles, jars and other containers of glass amounted to $X per unit, shrinking by -3.2% against the previous year. Over the period under review, the import price recorded a mild decline. The pace of growth was the most pronounced in 2017 when the average import price increased by 23%. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per unit), while the price for Russia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (-0.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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