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

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

The Swedish market for bottles, jars and other containers of glass fell notably to $X in 2021, which is down by -23.3% against the previous year. Over the period under review, consumption, however, continues to indicate a remarkable increase. As a result, consumption reached the peak level of $X, and then plummeted in the following year.

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

In value terms, glass bottle, jar and container production declined modestly to $X in 2021 estimated in export price. Over the period under review, production saw a noticeable reduction. The most prominent rate of growth was recorded in 2020 when the production volume increased by 1.2% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Bottles, Jars And Other Containers Of Glass

Exports from Sweden

Glass bottle, jar and container exports from Sweden soared to X units in 2021, picking up by 55% against 2020. In general, exports enjoyed resilient growth. The pace of growth was the most pronounced in 2020 when exports increased by 73%. Over the period under review, the exports reached the maximum in 2021 and are likely to continue growth in years to come.

In value terms, glass bottle, jar and container exports expanded notably to $X in 2021. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 27% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Denmark (X units), Norway (X units) and Finland (X units) were the main destinations of glass bottle, jar and container exports from Sweden, together accounting for 95% of total exports.

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

In value terms, Denmark ($X), Norway ($X) and Finland ($X) were the largest markets for glass bottle, jar and container exported from Sweden worldwide, with a combined 93% share of total exports.

In terms of the main countries of destination, Denmark, with a CAGR of +9.1%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average export price for bottles, jars and other containers of glass amounted to $X per unit, reducing by -31.5% against the previous year. In general, the export price faced a abrupt decline. The pace of growth appeared the most rapid in 2018 when the average export price increased by 5.5% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Iceland ($X per unit) and Norway ($X per unit), while the average price for exports to Denmark ($X per unit) and Finland ($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 Iceland (-6.7%), while the prices for the other major destinations experienced a decline.

Imports of Bottles, Jars And Other Containers Of Glass

Imports into Sweden

In 2021, purchases abroad of bottles, jars and other containers of glass increased by 34% to X units, rising for the second year in a row after two years of decline. Overall, imports posted a buoyant increase. The pace of growth was the most pronounced in 2020 with an increase of 85%. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the near future.

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 pronounced decrease. The most prominent rate of growth was recorded in 2016 with an increase of 12%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Denmark (X units) constituted the largest supplier of glass bottle, jar and container to Sweden, with a 57% share of total imports. Moreover, glass bottle, jar and container imports from Denmark exceeded the figures recorded by the second-largest supplier, Germany (X units), fivefold. Poland (X units) ranked third in terms of total imports with a 5.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Denmark totaled +8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+4.0% per year) and Poland (+17.1% per year).

In value terms, Denmark ($X) constituted the largest supplier of bottles, jars and other containers of glass to Sweden, comprising 39% of total imports. The second position in the ranking was held by Germany ($X), with a 14% share of total imports. It was followed by Italy, with a 7.2% share.

From 2012 to 2021, the average annual growth rate of value from Denmark totaled -3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-8.8% per year) and Italy (-7.4% per year).

Import Prices by Country

In 2021, the average import price for bottles, jars and other containers of glass amounted to $X per unit, reducing by -22.6% against the previous year. Overall, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in 2018 an increase of 5.9%. 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 Italy ($X per unit), while the price for Russia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-7.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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