United Arab Emirates: Market for Bottles, Jars And Other Containers Of Glass 2024

Market Size for Bottles, Jars And Other Containers Of Glass in the United Arab Emirates

In 2021, after four years of growth, there was significant decline in the market for bottles, jars and other containers of glass in the United Arab Emirates, when its value decreased by -25.9% to $X. Over the period under review, consumption, however, posted resilient growth. As a result, consumption attained the peak level of $X, and then contracted sharply in the following year.

Production of Bottles, Jars And Other Containers Of Glass in the United Arab Emirates

In value terms, glass bottle, jar and container production reduced sharply to $X in 2021 estimated in export price. Over the period under review, production, however, posted buoyant growth. The pace of growth appeared the most rapid in 2020 when the production volume increased by 61%. As a result, production attained the peak level of $X, and then dropped markedly in the following year.

Exports of Bottles, Jars And Other Containers Of Glass

Exports from the United Arab Emirates

Glass bottle, jar and container exports from the United Arab Emirates soared to X units in 2021, rising by 21% on 2020. The total export volume increased at an average annual rate of +6.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 44% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, glass bottle, jar and container exports skyrocketed to $X in 2021. In general, total exports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +11.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 54%. Over the period under review, the exports reached the peak figure in 2021 and are likely to see steady growth in the near future.

Exports by Country

Australia (X units), France (X units) and New Zealand (X units) were the main destinations of glass bottle, jar and container exports from the United Arab Emirates, with a combined 47% share of total exports. These countries were followed by the United States, the UK, Belgium, Mexico, Italy, Spain, Iraq, the Philippines and South Africa, which together accounted for a further 49%.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +263.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), the United States ($X) and Australia ($X) appeared to be the largest markets for glass bottle, jar and container exported from the United Arab Emirates worldwide, with a combined 31% share of total exports. New Zealand, the UK, Belgium, Italy, Mexico, Spain, South Africa, the Philippines and Iraq lagged somewhat behind, together comprising a further 32%.

Spain, with a CAGR of +242.2%, 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 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 an increase of 21% against the previous year. Over the last nine-year period, it increased at an average annual rate of +4.9%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Iraq ($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 South Africa (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bottles, Jars And Other Containers Of Glass

Imports into the United Arab Emirates

In 2021, the amount of bottles, jars and other containers of glass imported into the United Arab Emirates surged to X units, rising by 74% on 2020 figures. The total import volume increased at an average annual rate of +2.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 soared to $X in 2021. In general, total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest supplier of glass bottle, jar and container to the United Arab Emirates, with a 43% share of total imports. Moreover, glass bottle, jar and container imports from China exceeded the figures recorded by the second-largest supplier, Oman (X units), twofold. India (X units) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Oman (+1.6% per year) and India (+7.0% per year).

In value terms, China ($X) constituted the largest supplier of bottles, jars and other containers of glass to the United Arab Emirates, comprising 51% of total imports. The second position in the ranking was held by India ($X), with a 9.2% share of total imports. It was followed by Oman, with a 6.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +9.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+7.2% per year) and Oman (+2.5% 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, declining by -2.7% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.0%. The growth pace was the most rapid in 2017 when the average import price increased by 52%. The import price peaked at $X per unit in 2020, and then reduced slightly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per unit), while the price for Oman ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+20.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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