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

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

The Romanian market for bottles, jars and other containers of glass expanded notably to $X in 2021, with an increase of 5.9% against the previous year. In general, consumption recorded a prominent expansion. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the immediate term.

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

In value terms, glass bottle, jar and container production declined rapidly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a tangible expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by 103%. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Exports of Bottles, Jars And Other Containers Of Glass

Exports from Romania

In 2021, shipments abroad of bottles, jars and other containers of glass increased by 63% to X units, rising for the third year in a row after two years of decline. In general, exports showed a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of 75%. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, glass bottle, jar and container exports surged to $X in 2021. Overall, exports recorded a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Bulgaria (X units), Greece (X units) and Italy (X units) were the main destinations of glass bottle, jar and container exports from Romania, together comprising 47% of total exports. These countries were followed by Serbia, Poland, Spain, France, Hungary, Croatia, the Netherlands and Moldova, which together accounted for a further 40%.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +429.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Bulgaria ($X), Greece ($X) and Italy ($X) appeared to be the largest markets for glass bottle, jar and container exported from Romania worldwide, together comprising 39% of total exports. Spain, Hungary, Poland, France, the Netherlands, Croatia, Serbia and Moldova lagged somewhat behind, together accounting for a further 37%.

In terms of the main countries of destination, Spain, with a CAGR of +411.4%, recorded 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

The average export price for bottles, jars and other containers of glass stood at $X per unit in 2021, with an increase of 9.3% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 14% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Serbia ($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 Croatia (+1.7%), 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 Romania

In 2021, approx. X units of bottles, jars and other containers of glass were imported into Romania; rising by 60% on the previous year. In general, imports saw a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 115% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, glass bottle, jar and container imports skyrocketed to $X in 2021. Over the period under review, imports saw a strong increase. The most prominent rate of growth was recorded in 2020 when imports increased by 37% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

Bulgaria (X units), Moldova (X units) and Ukraine (X units) were the main suppliers of glass bottle, jar and container imports to Romania, together accounting for 75% of total imports. These countries were followed by Turkey, Italy, Hungary and Poland, which together accounted for a further 15%.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +95.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Bulgaria ($X) constituted the largest supplier of bottles, jars and other containers of glass to Romania, comprising 42% of total imports. The second position in the ranking was held by Moldova ($X), with an 18% share of total imports. It was followed by Ukraine, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Bulgaria amounted to +15.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Moldova (+16.2% per year) and Ukraine (+18.9% 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, waning by -26.3% against the previous year. Overall, the import price saw a deep slump. The growth pace was the most rapid in 2018 an increase of 6.5%. Over the period under review, average import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2021, import prices stood 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 Ukraine ($X per unit), while the price for Moldova ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (-7.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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