Finland - Bottles, Jars and Other Containers of Glass - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFinland: Market for Bottles, Jars And Other Containers Of Glass 2024
Market Size for Bottles, Jars And Other Containers Of Glass in Finland
In 2021, the Finnish market for bottles, jars and other containers of glass was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. In general, consumption saw pronounced growth. Glass bottle, jar and container consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.
Production of Bottles, Jars And Other Containers Of Glass in Finland
In value terms, glass bottle, jar and container production surged to $X in 2021 estimated in export price. In general, production saw buoyant growth. The pace of growth was the most pronounced in 2015 with an increase of 137% against the previous year. Glass bottle, jar and container production peaked at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.
Exports of Bottles, Jars And Other Containers Of Glass
Exports from Finland
In 2021, glass bottle, jar and container exports from Finland skyrocketed to X units, jumping by 46% compared with the previous year's figure. Over the period under review, exports showed moderate growth. The most prominent rate of growth was recorded in 2019 when exports increased by 129% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are likely to see gradual growth in the near future.
In value terms, glass bottle, jar and container exports expanded rapidly to $X in 2021. In general, exports recorded a slight increase. The most prominent rate of growth was recorded in 2019 when exports increased by 52%. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.
Exports by Country
Poland (X units), Estonia (X units) and Sweden (X units) were the main destinations of glass bottle, jar and container exports from Finland, together comprising 80% of total exports. These countries were followed by Latvia, Lithuania and Russia, which together accounted for a further 15%.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lithuania (with a CAGR of +74.8%), while the other leaders experienced more modest paces of growth.
In value terms, Estonia ($X) remains the key foreign market for bottles, jars and other containers of glass exports from Finland, comprising 32% of total exports. The second position in the ranking was held by Poland ($X), with a 15% share of total exports. It was followed by Sweden, with a 12% share.
From 2012 to 2021, the average annual rate of growth in terms of value to Estonia amounted to +11.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-11.1% per year) and Sweden (+14.2% per year).
Export Prices by Country
In 2021, the average export price for bottles, jars and other containers of glass amounted to $X per unit, reducing by -25.3% against the previous year. In general, the export price showed a mild curtailment. The growth pace was the most rapid in 2014 an increase of 199% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Lithuania ($X per unit), while the average price for exports to Poland ($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 Lithuania (-2.8%), while the prices for the other major destinations experienced a decline.
Imports of Bottles, Jars And Other Containers Of Glass
Imports into Finland
In 2021, purchases abroad of bottles, jars and other containers of glass increased by 29% to X units, rising for the fifth year in a row after four years of decline. Overall, imports saw a buoyant increase. The pace of growth was the most pronounced in 2020 when imports increased by 64% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.
In value terms, glass bottle, jar and container imports expanded modestly to $X in 2021. In general, imports, however, saw a pronounced curtailment. The pace of growth appeared the most rapid in 2017 with an increase of 18% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.
Imports by Country
In 2021, Estonia (X units) constituted the largest glass bottle, jar and container supplier to Finland, with a 59% share of total imports. Moreover, glass bottle, jar and container imports from Estonia exceeded the figures recorded by the second-largest supplier, Poland (X units), fivefold. Sweden (X units) ranked third in terms of total imports with a 7.2% share.
From 2012 to 2021, the average annual growth rate of volume from Estonia stood at +28.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+2.8% per year) and Sweden (-1.4% per year).
In value terms, Estonia ($X) constituted the largest supplier of bottles, jars and other containers of glass to Finland, comprising 43% of total imports. The second position in the ranking was taken by Poland ($X), with a 12% share of total imports. It was followed by Sweden, with a 9.6% share.
From 2012 to 2021, the average annual growth rate of value from Estonia stood at +15.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-5.8% per year) and Sweden (-8.6% per year).
Import Prices by Country
In 2021, the average import price for bottles, jars and other containers of glass amounted to $X per unit, declining by -19.7% against the previous year. Overall, the import price showed a abrupt decline. The pace of growth was the most pronounced in 2018 an increase of 7%. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per unit), while the price for Russia ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+3.2%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for glass bottle, jar and container in Finland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 23131120 - Containers made from tubing of glass (excluding preserving jars)
- Prodcom 23131130 - Glass containers of a nominal capacity . 2,5 litres (excluding preserving jars)
- Prodcom 23131140 - Bottles of colourless glass of a nominal capacity < 2,5 litres, f or beverages and foodstuffs (excluding bottles covered with leather or composition leather, infant
- Prodcom 23131150 - Bottles of coloured glass of a nominal capacity < 2,5 litres, for beverages and foodstuffs (excluding bottles covered with leather or composition leather, infant
- Prodcom 23131160 - Glass containers for beverages and foodstuffs of a nominal capacity < 2,5 litres (excluding bottles, flasks covered with leather or composition leather, domestic glassware, vacuum flasks and vessels)
- Prodcom 23131170 - Glass containers for pharmaceutical products of a nominal capacity < 2,5 litres
- Prodcom 23131180 - Glass containers of a nominal capacity < 2,5 litres for the conveyance or packing of goods (excluding for beverages and foodstuffs, for pharmaceutical products, containers made from glass tubing)
Country coverage:
- Finland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Finland
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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