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

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

In 2021, after two years of growth, there was significant decline in the Italian market for bottles, jars and other containers of glass, when its value decreased by -41.6% to $X. Over the period under review, consumption, however, recorded significant growth. As a result, consumption attained the peak level of $X, and then reduced markedly in the following year.

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

In value terms, glass bottle, jar and container production dropped to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2019 with an increase of 39% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Exports of Bottles, Jars And Other Containers Of Glass

Exports from Italy

For the fifth year in a row, Italy recorded growth in shipments abroad of bottles, jars and other containers of glass, which increased by 95% to X units in 2021. Overall, exports saw resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, glass bottle, jar and container exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +4.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X units) was the main destination for glass bottle, jar and container exports from Italy, with a 33% share of total exports. Moreover, glass bottle, jar and container exports to France exceeded the volume sent to the second major destination, Spain (X units), threefold. Germany (X units) ranked third in terms of total exports with a 6.9% share.

From 2012 to 2021, the average annual growth rate of volume to France totaled +18.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+21.7% per year) and Germany (+20.2% per year).

In value terms, France ($X) remains the key foreign market for bottles, jars and other containers of glass exports from Italy, comprising 37% of total exports. The second position in the ranking was taken by the United States ($X), with a 9.6% share of total exports. It was followed by Germany, with a 9.5% share.

From 2012 to 2021, the average annual growth rate of value to France amounted to +5.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+9.5% per year) and Germany (+4.5% 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, dropping by -35.2% against the previous year. Over the period under review, the export price continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2016 when the average export price increased by 11%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Slovenia ($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 Spain (-8.5%), while the prices for the other major destinations experienced a decline.

Imports of Bottles, Jars And Other Containers Of Glass

Imports into Italy

For the fourth consecutive year, Italy recorded growth in supplies from abroad of bottles, jars and other containers of glass, which increased by 62% to X units in 2021. In general, imports posted a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of 80%. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, glass bottle, jar and container imports surged to $X in 2021. Over the period under review, total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +49.5% against 2014 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Turkey (X units), Germany (X units) and France (X units) were the main suppliers of glass bottle, jar and container imports to Italy, together comprising 34% of total imports. Bulgaria, Poland, Slovenia, Ukraine, Croatia, Hungary, the Czech Republic, Spain, Austria and Greece lagged somewhat behind, together comprising a further 51%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Croatia (with a CAGR of +89.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and Turkey ($X) were the largest glass bottle, jar and container suppliers to Italy, with a combined 35% share of total imports. These countries were followed by Poland, Slovenia, Bulgaria, Ukraine, Spain, Austria, Croatia, the Czech Republic, Hungary and Greece, which together accounted for a further 46%.

Among the main suppliers, Croatia, with a CAGR of +68.2%, saw the highest growth rate of 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, reducing by -22% against the previous year. In general, the import price showed a deep contraction. The pace of growth appeared the most rapid in 2013 when the average import price increased by 7.5%. As a result, import price attained the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

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 Poland ($X per unit), while the price for Hungary ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (-5.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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