Bulgaria: Market for Bottles, Jars And Other Containers Of Glass 2025

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

After five years of growth, the Bulgarian market for bottles, jars and other containers of glass decreased by -17.3% to $X in 2021. Over the period under review, consumption, however, recorded a prominent expansion. As a result, consumption attained the peak level of $X, and then reduced notably in the following year.

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

In value terms, glass bottle, jar and container production soared to $X in 2021 estimated in export price. Over the period under review, production, however, posted perceptible growth. The growth pace was the most rapid in 2018 with an increase of 180%. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Exports of Bottles, Jars And Other Containers Of Glass

Exports from Bulgaria

Glass bottle, jar and container exports from Bulgaria amounted to X units in 2021, picking up by 2.7% compared with the previous year. Over the period under review, exports showed a buoyant expansion. The growth pace was the most rapid in 2020 when exports increased by 161% against the previous year. The exports peaked in 2021 and are likely to continue growth in years to come.

In value terms, glass bottle, jar and container exports fell to $X in 2021. In general, exports continue to indicate strong growth. The most prominent rate of growth was recorded in 2020 with an increase of 72%. As a result, the exports attained the peak of $X, and then fell in the following year.

Exports by Country

Romania (X units), Italy (X units) and Greece (X units) were the main destinations of glass bottle, jar and container exports from Bulgaria, together comprising 75% of total exports. Serbia, North Macedonia, the UK, Kosovo and France lagged somewhat behind, together comprising a further 13%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +66.1%), while the other leaders experienced more modest paces of growth.

In value terms, Romania ($X), Greece ($X) and Italy ($X) constituted the largest markets for glass bottle, jar and container exported from Bulgaria worldwide, with a combined 72% share of total exports. These countries were followed by Serbia, the UK, North Macedonia, France and Kosovo, which together accounted for a further 13%.

In terms of the main countries of destination, Kosovo, with a CAGR of +129.3%, 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

The average export price for bottles, jars and other containers of glass stood at $X per unit in 2021, falling by -16.8% against the previous year. Over the period under review, the export price saw a deep slump. The pace of growth was the most pronounced in 2013 when the average export price increased by 6.7%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($X per unit), while the average price for exports to North Macedonia ($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 Kosovo (+56.2%), while the prices for the other major destinations experienced a decline.

Imports of Bottles, Jars And Other Containers Of Glass

Imports into Bulgaria

For the fourth consecutive year, Bulgaria recorded growth in supplies from abroad of bottles, jars and other containers of glass, which increased by 39% to X units in 2021. Over the period under review, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2015 when imports increased by 98% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, glass bottle, jar and container imports rose rapidly to $X in 2021. Overall, imports posted prominent growth. The pace of growth was the most pronounced in 2016 when imports increased by 51% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the near future.

Imports by Country

Romania (X units), Ukraine (X units) and Greece (X units) were the main suppliers of glass bottle, jar and container imports to Bulgaria, with a combined 57% share of total imports. Serbia, Turkey, Moldova, Poland, China, Italy, France and Slovakia lagged somewhat behind, together accounting for a further 35%.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +66.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Ukraine ($X), Romania ($X) and Greece ($X) constituted the largest glass bottle, jar and container suppliers to Bulgaria, with a combined 49% share of total imports. China, Serbia, Moldova, Turkey, Italy, France, Poland and Slovakia lagged somewhat behind, together accounting for a further 41%.

Turkey, with a CAGR of +39.3%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for bottles, jars and other containers of glass amounted to $X per unit, waning by -19.5% against the previous year. Over the period under review, the import price showed a deep downturn. The growth pace was the most rapid in 2017 when the average import price increased by 22% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2014; however, from 2015 to 2021, 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 China ($X per unit), while the price for Serbia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-5.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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