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

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

In 2021, after two years of growth, there was significant decline in the New Zealand market for bottles, jars and other containers of glass, when its value decreased by -12.2% to $X. Over the period under review, the total consumption indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +33.5% against 2018 indices. Glass bottle, jar and container consumption peaked at $X in 2020, and then fell in the following year.

Production of Bottles, Jars And Other Containers Of Glass in New Zealand

In value terms, glass bottle, jar and container production reduced to $X in 2021 estimated in export price. Over the period under review, production, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2015 with an increase of 43% against the previous year. Over the period under review, production attained the peak level at $X in 2020, and then fell in the following year.

Exports of Bottles, Jars And Other Containers Of Glass

Exports from New Zealand

In 2021, shipments abroad of bottles, jars and other containers of glass was finally on the rise to reach X units after two years of decline. Overall, total exports indicated mild growth from 2012 to 2021: its volume increased at an average annual rate of +1.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the exports reached the maximum at X units in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, glass bottle, jar and container exports soared to $X in 2021. Over the period under review, exports recorded a relatively flat trend pattern. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Fiji (X units), Australia (X units) and Samoa (X units) were the main destinations of glass bottle, jar and container exports from New Zealand, with a combined 94% share of total exports. These countries were followed by French Polynesia and Vanuatu, which together accounted for a further 2.7%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by French Polynesia (with a CAGR of +17.6%), while the other leaders experienced more modest paces of growth.

In value terms, Fiji ($X), Australia ($X) and Samoa ($X) were the largest markets for glass bottle, jar and container exported from New Zealand worldwide, together comprising 94% of total exports. French Polynesia and Vanuatu lagged somewhat behind, together comprising a further 2.7%.

In terms of the main countries of destination, French Polynesia, with a CAGR of +9.3%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for bottles, jars and other containers of glass amounted to $X per unit, remaining constant against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 13%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2021, the average export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the highest price was recorded for prices to French Polynesia ($X per unit) and Vanuatu ($X per unit), while the average price for exports to Australia ($X per unit) and Fiji ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Samoa (+1.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Bottles, Jars And Other Containers Of Glass

Imports into New Zealand

For the third year in a row, New Zealand recorded decline in overseas purchases of bottles, jars and other containers of glass, which decreased by -10.4% to X units in 2021. In general, imports showed a perceptible shrinkage. The growth pace was the most rapid in 2016 with an increase of 20% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, glass bottle, jar and container imports expanded modestly to $X in 2021. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 16% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

China (X units), the United Arab Emirates (X units) and Taiwan (Chinese) (X units) were the main suppliers of glass bottle, jar and container imports to New Zealand, with a combined 85% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +4.4%), while imports for the other leaders experienced mixed trend patterns.

In value terms, China ($X) constituted the largest supplier of bottles, jars and other containers of glass to New Zealand, comprising 52% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 23% share of total imports. It was followed by Taiwan (Chinese), with an 8% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +12.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (-5.8% per year) and Taiwan (Chinese) (+1.2% 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, increasing by 13% 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 when the average import price increased by 43% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is likely to continue growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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