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

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

In 2021, after three years of growth, there was significant decline in the Benelux market for bottles, jars and other containers of glass, when its value decreased by -24.6% to $X. Over the period under review, consumption, however, posted a prominent expansion. The level of consumption peaked at $X in 2020, and then declined rapidly in the following year.

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

In value terms, glass bottle, jar and container production reduced markedly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2020 with an increase of 143% against the previous year. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

Exports of Bottles, Jars And Other Containers Of Glass

Exports in Benelux

In 2021, overseas shipments of bottles, jars and other containers of glass increased by 51% to X units, rising for the second consecutive year after two years of decline. Overall, exports enjoyed a strong expansion. The growth pace was the most rapid in 2020 with an increase of 84%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in years to come.

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 +3.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 21%. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the immediate term.

Exports by Country

In 2021, the Netherlands (X units) represented the largest exporter of bottles, jars and other containers of glass, comprising 66% of total exports. It was distantly followed by Belgium (X units), comprising a 33% share of total exports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +19.5%).

In value terms, the largest glass bottle, jar and container supplying countries in Benelux were the Netherlands ($X) and Belgium ($X).

Belgium, with a CAGR of +3.4%, saw 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 Benelux stood at $X per unit in 2021, reducing by -19.7% against the previous year. Over the period under review, the export price continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2014 when the export price increased by 12%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the Netherlands stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (-6.1%).

Imports of Bottles, Jars And Other Containers Of Glass

Imports in Benelux

In 2021, the amount of bottles, jars and other containers of glass imported in Benelux soared to X units, picking up by 50% compared with the previous year's figure. In general, imports continue to indicate a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, glass bottle, jar and container imports surged to $X in 2021. Total imports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +5.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +65.8% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Belgium (X units) was the key importer of bottles, jars and other containers of glass, mixing up 61% of total imports. It was distantly followed by the Netherlands (X units), mixing up a 37% share of total imports. Luxembourg (X units) took a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Belgium (with a CAGR of +18.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) constitutes the largest market for imported bottles, jars and other containers of glass in Benelux, comprising 68% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 30% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in Belgium stood at +6.5%. In the other countries, the average annual rates were as follows: the Netherlands (+4.9% per year) and Luxembourg (+0.2% per year).

Import Prices by Country

The import price in Benelux stood at $X per unit in 2021, reducing by -21% against the previous year. In general, the import price recorded a deep reduction. The pace of growth appeared the most rapid in 2014 when the import price increased by 5.6% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per unit), while the Netherlands ($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 Netherlands (-7.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform