Israel: Glass Ampoules Market 2024

Glass Ampoules Market Size in Israel

In 2022, the Israeli glass ampoules market increased by 44% to $X for the first time since 2019, thus ending a two-year declining trend. In general, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Glass Ampoules Exports

Exports from Israel

In 2022, overseas shipments of glass ampoules for packing of goods decreased by 0% to X units, falling for the second year in a row after two years of decline. In general, exports showed a significant increase. The smallest decline of 99.9% was in 2021. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, glass ampoules exports stood at $X in 2022. Overall, exports showed significant growth. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Italy (X units) was the main destination for glass ampoules exports from Israel, with a 68% share of total exports. Moreover, glass ampoules exports to Italy exceeded the volume sent to the second major destination, Canada (X units), threefold.

From 2015 to 2022, the average annual rate of growth in terms of volume to Italy was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (0.0% per year) and the United States (-48.9% per year).

From 2015 to 2022, the average annual growth rate of value to Italy was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (0.0% per year) and the United States (-44.6% per year).

Export Prices by Country

In 2022, the average glass ampoules export price amounted to $X per thousand units, therefore, remained relatively stable against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 a decrease of 99.9%. Over the period under review, the average export prices attained the maximum at $X per thousand units in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per thousand units), while the average price for exports to Italy ($X per thousand units) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+125.5%).

Glass Ampoules Imports

Imports into Israel

In 2022, purchases abroad of glass ampoules for packing of goods was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports posted a buoyant increase. The most prominent rate of growth was recorded in 2019 when imports increased by 98%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, glass ampoules imports soared to $X in 2022. In general, total imports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -22.0% against 2019 indices. The most prominent rate of growth was recorded in 2019 when imports increased by 67%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

France (X units), Hungary (X units) and the United States (X units) were the main suppliers of glass ampoules imports to Israel, with a combined 89% share of total imports. China, Hong Kong SAR and Italy lagged somewhat behind, together accounting for a further 9.9%.

From 2012 to 2022, the biggest increases were recorded for Hong Kong SAR (with a CAGR of +538.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), France ($X) and the United States ($X) constituted the largest glass ampoules suppliers to Israel, with a combined 88% share of total imports. China, Hong Kong SAR and Italy lagged somewhat behind, together comprising a further 10%.

Hong Kong SAR, with a CAGR of +400.0%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average glass ampoules import price stood at $X per thousand units in 2022, which is down by -29% against the previous year. In general, the import price recorded a deep contraction. The pace of growth appeared the most rapid in 2018 an increase of 9.5% against the previous year. The import price peaked at $X per thousand units in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($X per thousand units) and Italy ($X per thousand units), while the price for France ($X per thousand units) and Hungary ($X per thousand units) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-5.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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