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

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

In 2021, after three years of growth, there was significant decline in the Norwegian market for bottles, jars and other containers of glass, when its value decreased by -19.3% to $X. In general, consumption, however, recorded prominent growth. As a result, consumption attained the peak level of $X, and then contracted rapidly in the following year.

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

In value terms, glass bottle, jar and container production reduced markedly to $X in 2021 estimated in export price. Over the period under review, production, however, showed buoyant growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by 115%. As a result, production attained the peak level of $X, and then declined notably in the following year.

Exports of Bottles, Jars And Other Containers Of Glass

Exports from Norway

In 2021, approx. X units of bottles, jars and other containers of glass were exported from Norway; shrinking by -43.7% compared with the year before. Over the period under review, exports recorded a precipitous descent. The pace of growth appeared the most rapid in 2020 with an increase of 57% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, glass bottle, jar and container exports shrank to $X in 2021. In general, exports showed a sharp contraction. The pace of growth was the most pronounced in 2013 when exports increased by 40%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Sweden (X units) was the main destination for glass bottle, jar and container exports from Norway, accounting for a 56% share of total exports. Moreover, glass bottle, jar and container exports to Sweden exceeded the volume sent to the second major destination, Denmark (X units), fivefold. The Czech Republic (X units) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Sweden totaled -48.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (-11.6% per year) and the Czech Republic (+54.0% per year).

In value terms, Sweden ($X) emerged as the key foreign market for bottles, jars and other containers of glass exports from Norway, comprising 36% of total exports. The second position in the ranking was taken by Germany ($X), with an 18% share of total exports. It was followed by the Czech Republic, with an 8% share.

From 2012 to 2021, the average annual growth rate of value to Sweden amounted to -42.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+5.7% per year) and the Czech Republic (+51.3% 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, growing by 57% against the previous year. Overall, the export price enjoyed a prominent increase. The pace of growth was the most pronounced in 2015 when the average export price increased by 98% against the previous year. The export price peaked in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Denmark ($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 Sweden (+12.8%), 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 Norway

In 2021, overseas purchases of bottles, jars and other containers of glass increased by 13% to X units, rising for the second consecutive year after three years of decline. The total import volume increased at an average annual rate of +1.8% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2016 when imports increased by 17%. As a result, imports reached the peak of X units. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, glass bottle, jar and container imports soared to $X in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Denmark (X units), Sweden (X units) and Russia (X units) were the main suppliers of glass bottle, jar and container imports to Norway, with a combined 64% share of total imports. Germany, Estonia, Lithuania and Poland lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2021, the biggest increases were recorded for Lithuania (with a CAGR of +186.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Sweden ($X) and Germany ($X) were the largest glass bottle, jar and container suppliers to Norway, together comprising 58% of total imports. These countries were followed by Russia, Estonia, Lithuania and Poland, which together accounted for a further 25%.

In terms of the main suppliers, Lithuania, with a CAGR of +167.3%, 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

The average import price for bottles, jars and other containers of glass stood at $X per unit in 2021, growing by 4.1% against the previous year. In general, the import price, however, showed a slight downturn. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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