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

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

The Danish market for bottles, jars and other containers of glass contracted sharply to $X in 2021, declining by -21.6% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then fell notably in the following year.

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

In value terms, glass bottle, jar and container production expanded significantly to $X in 2021 estimated in export price. In general, production recorded a slight descent. The most prominent rate of growth was recorded in 2013 with an increase of 15% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Exports of Bottles, Jars And Other Containers Of Glass

Exports from Denmark

In 2021, overseas shipments of bottles, jars and other containers of glass increased by 51% to X units, rising for the second year in a row after three years of decline. Overall, exports enjoyed strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, glass bottle, jar and container exports stood at $X in 2021. Over the period under review, exports, however, saw a noticeable reduction. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Sweden (X units) was the main destination for glass bottle, jar and container exports from Denmark, with a 67% share of total exports. Moreover, glass bottle, jar and container exports to Sweden exceeded the volume sent to the second major destination, Norway (X units), fourfold. The third position in this ranking was held by Germany (X units), with a 5.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Sweden amounted to +7.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+10.6% per year) and Germany (-4.2% per year).

In value terms, Sweden ($X) remains the key foreign market for bottles, jars and other containers of glass exports from Denmark, comprising 55% of total exports. The second position in the ranking was held by Norway ($X), with a 19% share of total exports. It was followed by Bahrain, with a 5.4% share.

From 2012 to 2021, the average annual growth rate of value to Sweden totaled -3.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+0.7% per year) and Bahrain (+293.6% per year).

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 -25.3% against the previous year. Over the period under review, the export price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when the average export price increased by 12%. As a result, the export price reached the peak level of $X per unit. From 2015 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 Bahrain ($X per unit), while the average price for exports to Germany ($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 Germany (+2.5%), while the prices for the other major destinations experienced a decline.

Imports of Bottles, Jars And Other Containers Of Glass

Imports into Denmark

For the fifth year in a row, Denmark recorded growth in purchases abroad of bottles, jars and other containers of glass, which increased by 57% to X units in 2021. Over the period under review, imports recorded a remarkable increase. The pace of growth appeared the most rapid in 2019 with an increase of 69% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to see steady growth in the near future.

In value terms, glass bottle, jar and container imports skyrocketed to $X in 2021. Overall, imports continue to indicate a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X units), Sweden (X units) and Poland (X units) were the main suppliers of glass bottle, jar and container imports to Denmark, with a combined 73% share of total imports. France, Italy, the Czech Republic, Austria, China, Ukraine, the Netherlands, Estonia and the UK lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2021, the biggest increases were recorded for Ukraine (with a CAGR of +275.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Sweden ($X) and Poland ($X) were the largest glass bottle, jar and container suppliers to Denmark, together comprising 62% of total imports. Italy, China, France, Austria, the Czech Republic, the Netherlands, Ukraine, the UK and Estonia lagged somewhat behind, together comprising a further 30%.

In terms of the main suppliers, Ukraine, with a CAGR of +189.1%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for bottles, jars and other containers of glass stood at $X per unit in 2021, with a decrease of -24.1% against the previous year. Overall, the import price recorded a deep downturn. The most prominent rate of growth was recorded in 2013 an increase of 5.9%. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 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 ($X per unit), while the price for Estonia ($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 (-9.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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