Canada: Glass Ampoules Market 2024

Glass Ampoules Market Size in Canada

In 2022, the Canadian glass ampoules market increased by 0.7% to $X, rising for the second consecutive year after four years of decline. In general, consumption, however, continues to indicate a drastic downturn. Glass ampoules consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Glass Ampoules Production in Canada

In value terms, glass ampoules production reduced to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 when the production volume increased by 13%. Glass ampoules production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Glass Ampoules Exports

Exports from Canada

In 2022, shipments abroad of glass ampoules for packing of goods decreased by -55.9% to X units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2014 when exports increased by 1,444% against the previous year. Over the period under review, the exports attained the maximum at X units in 2021, and then contracted notably in the following year.

In value terms, glass ampoules exports reduced rapidly to $X in 2022. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 1,476% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then contracted markedly in the following year.

Exports by Country

The United States (X units) was the main destination for glass ampoules exports from Canada, accounting for a 78% share of total exports. Moreover, glass ampoules exports to the United States exceeded the volume sent to the second major destination, Brazil (X units), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to +32.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+147.0% per year) and Jordan (0.0% per year).

In value terms, the United States ($X) remains the key foreign market for glass ampoules for packing of goods exports from Canada, comprising 78% of total exports. The second position in the ranking was held by Brazil ($X), with a 14% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled +32.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+152.5% per year) and Jordan (0.0% per year).

Export Prices by Country

In 2022, the average glass ampoules export price amounted to $X per thousand units, approximately equating the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 12%. The export price peaked at $X per thousand units in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Jordan ($X per thousand units), while the average price for exports to Brazil ($X per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+2.6%), while the prices for the other major destinations experienced mixed trend patterns.

Glass Ampoules Imports

Imports into Canada

Glass ampoules imports into Canada skyrocketed to X units in 2022, rising by 62% on the previous year. Over the period under review, imports, however, recorded a pronounced reduction. The pace of growth was the most pronounced in 2017 when imports increased by 77% against the previous year. Over the period under review, imports reached the peak figure at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, glass ampoules imports skyrocketed to $X in 2022. In general, imports, however, recorded a slight slump. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Mexico (X units) constituted the largest supplier of glass ampoules to Canada, with a 74% share of total imports. Moreover, glass ampoules imports from Mexico exceeded the figures recorded by the second-largest supplier, France (X units), sixfold. South Korea (X units) ranked third in terms of total imports with a 4.9% share.

From 2012 to 2022, the average annual growth rate of volume from Mexico stood at +14.7%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+8.4% per year) and South Korea (+90.7% per year).

In value terms, Mexico ($X) constituted the largest supplier of glass ampoules for packing of goods to Canada, comprising 74% of total imports. The second position in the ranking was held by France ($X), with a 13% share of total imports. It was followed by South Korea, with a 4.4% share.

From 2012 to 2022, the average annual growth rate of value from Mexico totaled +16.9%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+10.4% per year) and South Korea (+91.1% per year).

Import Prices by Country

In 2022, the average glass ampoules import price amounted to $X per thousand units, picking up by 59% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Mexico ($X per thousand units) and the United States ($X per thousand units), while the price for South Korea ($X per thousand units) and China ($X per thousand units) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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