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

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

The Egyptian market for bottles, jars and other containers of glass declined markedly to $X in 2021, with a decrease of -26.2% against the previous year. Over the period under review, consumption, however, enjoyed a moderate expansion. As a result, consumption reached the peak level of $X, and then shrank sharply in the following year.

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

In value terms, glass bottle, jar and container production rose markedly to $X in 2021 estimated in export price. Overall, production continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when the production volume increased by 12% against the previous year. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Exports of Bottles, Jars And Other Containers Of Glass

Exports from Egypt

In 2021, approx. X units of bottles, jars and other containers of glass were exported from Egypt; growing by 40% on 2020. In general, exports saw a remarkable increase. The pace of growth appeared the most rapid in 2017 with an increase of 2,174% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, glass bottle, jar and container exports skyrocketed to $X in 2021. Over the period under review, exports enjoyed a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X units) was the main destination for glass bottle, jar and container exports from Egypt, accounting for a 33% share of total exports. Moreover, glass bottle, jar and container exports to the United States exceeded the volume sent to the second major destination, Lebanon (X units), twofold. The third position in this ranking was taken by Kenya (X units), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at +25.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lebanon (-0.5% per year) and Kenya (+27.2% per year).

In value terms, the United States ($X) remains the key foreign market for bottles, jars and other containers of glass exports from Egypt, comprising 33% of total exports. The second position in the ranking was taken by Canada ($X), with an 8% share of total exports. It was followed by Lebanon, with a 7.2% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled +23.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+116.9% per year) and Lebanon (-0.0% 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, growing by 5.7% against the previous year. In general, the export price saw mild growth. The growth pace was the most rapid in 2015 when the average export price increased by 325% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2021, the 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 Ghana ($X per unit), while the average price for exports to Kenya ($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 Turkey (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bottles, Jars And Other Containers Of Glass

Imports into Egypt

In 2021, imports of bottles, jars and other containers of glass into Egypt declined significantly to X units, reducing by -29.3% against the previous year. Over the period under review, imports, however, posted tangible growth. The growth pace was the most rapid in 2017 when imports increased by 161%. As a result, imports reached the peak of X units. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, glass bottle, jar and container imports contracted markedly to $X in 2021. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 28%. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

China (X units), the United Arab Emirates (X units) and India (X units) were the main suppliers of glass bottle, jar and container imports to Egypt, together comprising 57% of total imports. France, Germany, Bulgaria, Italy and Austria lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bulgaria (with a CAGR of +57.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest glass bottle, jar and container suppliers to Egypt were China ($X), the United Arab Emirates ($X) and India ($X), together comprising 54% of total imports. France, Germany, Bulgaria, Italy and Austria lagged somewhat behind, together accounting for a further 29%.

In terms of the main suppliers, Bulgaria, with a CAGR of +67.6%, 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

In 2021, the average import price for bottles, jars and other containers of glass amounted to $X per unit, rising by 14% against the previous year. Overall, the import price, however, showed a noticeable slump. The pace of growth was the most pronounced in 2018 when the average import price increased by 51% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from India ($X per unit) and Austria ($X per unit), while the price for Italy ($X per unit) and France ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+6.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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