Turkey: Glass Ampoules Market 2024

Glass Ampoules Market Size in Turkey

The Turkish glass ampoules market fell to $X in 2022, dropping by -7.2% against the previous year. In general, consumption, however, recorded a temperate increase. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Glass Ampoules Production in Turkey

In value terms, glass ampoules production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, saw buoyant growth. The pace of growth appeared the most rapid in 2019 with an increase of 68% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Glass Ampoules Exports

Exports from Turkey

Glass ampoules exports from Turkey skyrocketed to X units in 2022, with an increase of 16% compared with 2021. Overall, exports enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2019 when exports increased by 97% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, glass ampoules exports rose rapidly to $X in 2022. In general, exports continue to indicate a strong expansion. The growth pace was the most rapid in 2014 with an increase of 121%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for glass ampoules exports from Turkey, accounting for a 52% share of total exports. Moreover, glass ampoules exports to Germany exceeded the volume sent to the second major destination, Slovakia (X units), twofold. The third position in this ranking was taken by Iraq (X units), with a 21% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to +2.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+52.1% per year) and Iraq (+187.8% per year).

In value terms, Germany ($X), Slovakia ($X) and Iraq ($X) appeared to be the largest markets for glass ampoules exported from Turkey worldwide, with a combined 97% share of total exports.

In terms of the main countries of destination, Iraq, with a CAGR of +188.8%, recorded the highest growth rate of the value of exports, 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, falling by -3% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by 25%. As a result, the export price attained the peak level of $X per thousand units. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($X per thousand units), while the average price for exports to Serbia ($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 Iraq (+0.3%), while the prices for the other major destinations experienced a decline.

Glass Ampoules Imports

Imports into Turkey

In 2022, supplies from abroad of glass ampoules for packing of goods decreased by -9.3% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2018 with an increase of 79% against the previous year. Imports peaked at X units in 2021, and then contracted in the following year.

In value terms, glass ampoules imports declined slightly to $X in 2022. In general, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2018 with an increase of 77%. Imports peaked at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, China (X units) constituted the largest glass ampoules supplier to Turkey, accounting for a 51% share of total imports. Moreover, glass ampoules imports from China exceeded the figures recorded by the second-largest supplier, Hungary (X units), twofold. The third position in this ranking was taken by Croatia (X units), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +38.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+73.8% per year) and Croatia (+12.0% per year).

In value terms, China ($X), Hungary ($X) and Croatia ($X) constituted the largest glass ampoules suppliers to Turkey, with a combined 71% share of total imports. Russia, Germany, South Korea, India and Italy lagged somewhat behind, together comprising a further 26%.

In terms of the main suppliers, Russia, with a CAGR of +234.1%, saw 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

The average glass ampoules import price stood at $X per thousand units in 2022, rising by 5.3% against the previous year. In general, the import price, however, saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 22% against the previous year. Over the period under review, average import prices reached the maximum at $X per thousand units in 2012; however, from 2013 to 2022, 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 Germany ($X per thousand units), while the price for China ($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 China (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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