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

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

The Spanish market for bottles, jars and other containers of glass shrank notably to $X in 2021, with a decrease of -38.5% against the previous year. Over the period under review, consumption, however, enjoyed resilient growth. As a result, consumption attained the peak level of $X, and then contracted notably in the following year.

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

In value terms, glass bottle, jar and container production surged to $X in 2021 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Bottles, Jars And Other Containers Of Glass

Exports from Spain

In 2021, shipments abroad of bottles, jars and other containers of glass increased by 91% to X units, rising for the third year in a row after two years of decline. Overall, exports enjoyed a prominent expansion. As a result, the exports attained 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 +5.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 22%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Portugal (X units), France (X units) and Italy (X units) were the main destinations of glass bottle, jar and container exports from Spain, together accounting for 87% of total exports.

From 2012 to 2021, the biggest increases were recorded for Portugal (with a CAGR of +23.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Portugal ($X) and Italy ($X) appeared to be the largest markets for glass bottle, jar and container exported from Spain worldwide, together comprising 79% of total exports. The Dominican Republic lagged somewhat behind, comprising a further 2.8%.

In terms of the main countries of destination, the Dominican Republic, with a CAGR of +12.1%, recorded the highest rates of growth with regard to 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, with a decrease of -37.5% against the previous year. Overall, the export price faced a deep contraction. The growth pace was the most rapid in 2018 when the average export price increased by 3.8% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

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 Italy ($X per unit), while the average price for exports to Portugal ($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 Italy (-5.7%), while the prices for the other major destinations experienced a decline.

Imports of Bottles, Jars And Other Containers Of Glass

Imports into Spain

In 2021, supplies from abroad of bottles, jars and other containers of glass increased by 66% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports continue to indicate a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, glass bottle, jar and container imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +4.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Portugal (X units) constituted the largest supplier of glass bottle, jar and container to Spain, with a 47% share of total imports. Moreover, glass bottle, jar and container imports from Portugal exceeded the figures recorded by the second-largest supplier, Bulgaria (X units), threefold. The third position in this ranking was held by France (X units), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Portugal amounted to +2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (+85.1% per year) and France (+19.0% per year).

In value terms, Portugal ($X), Italy ($X) and France ($X) appeared to be the largest glass bottle, jar and container suppliers to Spain, with a combined 62% share of total imports. These countries were followed by Germany, Bulgaria, China, Poland, India and Austria, which together accounted for a further 26%.

In terms of the main suppliers, Bulgaria, with a CAGR of +68.3%, 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

In 2021, the average import price for bottles, jars and other containers of glass amounted to $X per unit, shrinking by -15.2% against the previous year. Over the period under review, the import price saw a pronounced reduction. The pace of growth appeared the most rapid in 2013 when the average import price increased by 12% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (-6.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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