Sweden: Glass Ampoules Market 2024

Glass Ampoules Market Size in Sweden

The Swedish glass ampoules market dropped to $X in 2022, remaining stable against the previous year. Overall, consumption recorded a pronounced decrease. Glass ampoules consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Glass Ampoules Production in Sweden

In value terms, glass ampoules production reduced to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2015 when the production volume increased by 29%. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Glass Ampoules Exports

Exports from Sweden

Glass ampoules exports from Sweden soared to X units in 2022, rising by 145% compared with 2021. Over the period under review, exports saw resilient growth. The growth pace was the most rapid in 2015 when exports increased by 6,427%. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, glass ampoules exports soared to $X in 2022. Overall, exports recorded a significant expansion. The growth pace was the most rapid in 2015 with an increase of 3,176% against the previous year. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Denmark (X units) was the main destination for glass ampoules exports from Sweden, accounting for a 59% share of total exports. Moreover, glass ampoules exports to Denmark exceeded the volume sent to the second major destination, Norway (X units), threefold. The UK (X units) ranked third in terms of total exports with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Denmark stood at +248.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+12.2% per year) and the UK (+12.0% per year).

In value terms, Denmark ($X), Norway ($X) and the UK ($X) were the largest markets for glass ampoules exported from Sweden worldwide, with a combined 99% share of total exports.

Denmark, with a CAGR of +278.4%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average glass ampoules export price amounted to $X per thousand units, declining by -13.2% against the previous year. Over the period under review, the export price, however, saw modest growth. The growth pace was the most rapid in 2020 an increase of 190%. The export price peaked at $X per thousand units in 2021, and then contracted in the following year.

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 Norway ($X per thousand units), while the average price for exports to the UK ($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 Denmark (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

Glass Ampoules Imports

Imports into Sweden

In 2022, the amount of glass ampoules for packing of goods imported into Sweden skyrocketed to X units, with an increase of 36% compared with 2021. Over the period under review, imports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2019 when imports increased by 41%. Imports peaked at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, glass ampoules imports surged to $X in 2022. Overall, imports, however, showed a deep downturn. The pace of growth was the most pronounced in 2016 with an increase of 36% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Italy (X units) constituted the largest supplier of glass ampoules to Sweden, with a 57% share of total imports. Moreover, glass ampoules imports from Italy exceeded the figures recorded by the second-largest supplier, Austria (X units), fourfold. Denmark (X units) ranked third in terms of total imports with a 7.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy amounted to +8.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+154.3% per year) and Denmark (+16.1% per year).

In value terms, the largest glass ampoules suppliers to Sweden were Italy ($X), Germany ($X) and Austria ($X), with a combined 88% share of total imports.

Austria, with a CAGR of +186.9%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average glass ampoules import price stood at $X per thousand units in 2022, shrinking by -10.5% against the previous year. Overall, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 an increase of 120% against the previous year. As a result, import price reached the peak level of $X per thousand units. From 2017 to 2022, the average import prices failed to regain momentum.

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 Germany ($X per thousand units), while the price for Denmark ($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 Germany (+16.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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