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

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

After three years of growth, the Croatian market for bottles, jars and other containers of glass decreased by -1.8% to $X in 2021. Over the period under review, consumption enjoyed a buoyant increase. Over the period under review, the market hit record highs at $X in 2020, and then reduced modestly in the following year.

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

In value terms, glass bottle, jar and container production declined slightly to $X in 2021 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by 12% against the previous year. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Exports of Bottles, Jars And Other Containers Of Glass

Exports from Croatia

In 2021, exports of bottles, jars and other containers of glass from Croatia skyrocketed to X units, growing by 62% against the previous year. In general, exports enjoyed a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 78% against the previous year. 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 soared to $X in 2021. The total export value increased at an average annual rate of +4.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Slovenia (X units) was the main destination for glass bottle, jar and container exports from Croatia, accounting for a 43% share of total exports. Moreover, glass bottle, jar and container exports to Slovenia exceeded the volume sent to the second major destination, Serbia (X units), twofold. The third position in this ranking was taken by Bosnia and Herzegovina (X units), with a 7.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Slovenia stood at +26.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+11.9% per year) and Bosnia and Herzegovina (+8.4% per year).

In value terms, Slovenia ($X), Serbia ($X) and Bosnia and Herzegovina ($X) constituted the largest markets for glass bottle, jar and container exported from Croatia worldwide, with a combined 71% share of total exports. Italy, North Macedonia, Austria, Montenegro and Kosovo lagged somewhat behind, together accounting for a further 21%.

Kosovo, with a CAGR of +65.3%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination 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, declining by -24% against the previous year. Overall, the export price recorded a abrupt contraction. The pace of growth was the most pronounced in 2013 when the average export price increased by 7.5%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Montenegro ($X per unit), while the average price for exports to Kosovo ($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 Austria (-6.3%), while the prices for the other major destinations experienced a decline.

Imports of Bottles, Jars And Other Containers Of Glass

Imports into Croatia

In 2021, supplies from abroad of bottles, jars and other containers of glass increased by 38% to X units, rising for the fourth consecutive year after two years of decline. In general, imports showed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 154%. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, glass bottle, jar and container imports expanded significantly to $X in 2021. Over the period under review, imports showed resilient growth. The pace of growth appeared the most rapid in 2015 with an increase of 42% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in years to come.

Imports by Country

In 2021, Slovenia (X units) constituted the largest supplier of glass bottle, jar and container to Croatia, with a 35% share of total imports. Moreover, glass bottle, jar and container imports from Slovenia exceeded the figures recorded by the second-largest supplier, Austria (X units), twofold. Ukraine (X units) ranked third in terms of total imports with a 14% share.

From 2012 to 2021, the average annual growth rate of volume from Slovenia totaled +53.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+23.1% per year) and Ukraine (+559.8% per year).

In value terms, Slovenia ($X), Italy ($X) and Austria ($X) were the largest glass bottle, jar and container suppliers to Croatia, together comprising 58% of total imports. Ukraine, France, the Czech Republic, Hungary, Romania, Germany, Switzerland, Turkey, Slovakia and Bulgaria lagged somewhat behind, together comprising a further 35%.

Ukraine, with a CAGR of +355.0%, recorded the highest rates of growth with regard to 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, with a decrease of -23.7% against the previous year. Overall, the import price faced a abrupt downturn. The pace of growth was the most pronounced in 2014 an increase of 17% against the previous year. 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 ($X per unit), while the price for Romania ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (-5.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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