Romania: Glass Ampoules Market 2024

Glass Ampoules Market Size in Romania

In 2022, the Romanian glass ampoules market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. In general, the total consumption indicated mild growth from 2012 to 2022: its value increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -18.5% against 2018 indices. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Glass Ampoules Exports

Exports from Romania

In 2022, after three years of growth, there was significant decline in shipments abroad of glass ampoules for packing of goods, when their volume decreased by -93% to X units. Overall, exports, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2019 when exports increased by 591%. The exports peaked at X units in 2021, and then declined rapidly in the following year.

In value terms, glass ampoules exports declined sharply to $X in 2022. Over the period under review, exports, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2019 with an increase of 581%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

France (X units), India (X units) and Italy (X units) were the main destinations of glass ampoules exports from Romania, together comprising 99% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of 0.0%), while the other leaders experienced a decline.

In value terms, France ($X) remains the key foreign market for glass ampoules for packing of goods exports from Romania, comprising 63% of total exports. The second position in the ranking was held by India ($X), with a 25% share of total exports.

From 2012 to 2022, the average annual growth rate of value to France totaled -74.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (0.0% per year) and Italy (+5.4% per year).

Export Prices by Country

In 2022, the average glass ampoules export price amounted to $X per thousand units, waning by -28.1% against the previous year. In general, the export price showed a noticeable curtailment. The pace of growth appeared the most rapid in 2018 when the average export price increased by 62% against the previous year. Over the period under review, the average export prices hit record highs at $X per thousand units in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per thousand units), while the average price for exports to India ($X per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+7.6%), while the prices for the other major destinations experienced mixed trend patterns.

Glass Ampoules Imports

Imports into Romania

In 2022, glass ampoules imports into Romania expanded remarkably to X units, increasing by 13% compared with the previous year's figure. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by 61% against the previous year. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, glass ampoules imports skyrocketed to $X in 2022. Over the period under review, total imports indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.7% 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 -11.1% against 2019 indices. The growth pace was the most rapid in 2018 with an increase of 39% against the previous year. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Poland (X units), Hungary (X units) and Croatia (X units) were the main suppliers of glass ampoules imports to Romania, with a combined 86% share of total imports. The Czech Republic, Austria, China and Slovakia lagged somewhat behind, together accounting for a further 11%.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +24.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Hungary ($X) and Croatia ($X) constituted the largest glass ampoules suppliers to Romania, with a combined 89% share of total imports. Austria, the Czech Republic, China and Slovakia lagged somewhat behind, together comprising a further 7.7%.

Among the main suppliers, China, with a CAGR of +38.8%, recorded the highest rates of growth with regard to 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 2022, the average glass ampoules import price amounted to $X per thousand units, surging by 10% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average import price increased by 31% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Slovakia ($X per thousand units), while the price for China ($X per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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