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

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

After two years of growth, the Indonesian market for bottles, jars and other containers of glass decreased by -33.4% to $X in 2021. In general, consumption, however, saw strong growth. As a result, consumption reached the peak level of $X, and then shrank markedly in the following year.

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

In value terms, glass bottle, jar and container production shrank significantly to $X in 2021 estimated in export price. In general, production, however, showed prominent growth. The pace of growth was the most pronounced in 2020 when the production volume increased by 135% against the previous year. As a result, production reached the peak level of $X, and then reduced remarkably in the following year.

Exports of Bottles, Jars And Other Containers Of Glass

Exports from Indonesia

In 2021, shipments abroad of bottles, jars and other containers of glass increased by 58% to X units for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2018 with an increase of 136%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, glass bottle, jar and container exports soared to $X in 2021. In general, exports, however, saw a noticeable curtailment. The pace of growth was the most pronounced in 2018 when exports increased by 79%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Philippines (X units) was the main destination for glass bottle, jar and container exports from Indonesia, accounting for a 44% share of total exports. Moreover, glass bottle, jar and container exports to the Philippines exceeded the volume sent to the second major destination, the United States (X units), threefold. Papua New Guinea (X units) ranked third in terms of total exports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Philippines amounted to -4.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+49.0% per year) and Papua New Guinea (-5.3% per year).

In value terms, the Philippines ($X) emerged as the key foreign market for bottles, jars and other containers of glass exports from Indonesia, comprising 18% of total exports. The second position in the ranking was taken by Thailand ($X), with an 8.3% share of total exports. It was followed by the United States, with an 8.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the Philippines totaled -3.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (-15.3% per year) and the United States (+42.5% 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, shrinking by -11.8% against the previous year. Over the period under review, export price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, glass bottle, jar and container export price increased by +59.6% against 2015 indices. The pace of growth was the most pronounced in 2019 an increase of 37% against the previous year. The export price peaked at $X per unit in 2020, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($X per unit), while the average price for exports to the Philippines ($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 Thailand (+16.7%), 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 Indonesia

In 2021, the amount of bottles, jars and other containers of glass imported into Indonesia reduced to X units, waning by -6.1% on 2020. Overall, imports showed a mild slump. The pace of growth appeared the most rapid in 2016 with an increase of 60% against the previous year. Over the period under review, imports attained the peak figure at X units in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, glass bottle, jar and container imports rose markedly to $X in 2021. The total import value increased at an average annual rate of +3.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when imports increased by 29% against the previous year. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of glass bottle, jar and container to Indonesia, accounting for a 81% share of total imports. Moreover, glass bottle, jar and container imports from China exceeded the figures recorded by the second-largest supplier, Pakistan (X units), more than tenfold. Thailand (X units) ranked third in terms of total imports with a 5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled -1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (+69.3% per year) and Thailand (-0.1% per year).

In value terms, China ($X) constituted the largest supplier of bottles, jars and other containers of glass to Indonesia, comprising 77% of total imports. The second position in the ranking was taken by Thailand ($X), with a 4.1% share of total imports. It was followed by Pakistan, with a 2.5% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-0.9% per year) and Pakistan (+66.7% per year).

Import Prices by Country

The average import price for bottles, jars and other containers of glass stood at $X per unit in 2021, picking up by 22% against the previous year. Over the last nine years, it increased at an average annual rate of +4.7%. The most prominent rate of growth was recorded in 2015 an increase of 23%. Over the period under review, average import prices reached the peak figure in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per unit), while the price for Pakistan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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