Hungary - Bottles, Jars And Other Containers Of Glass - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Hungary - Bottles, Jars And Other Containers Of Glass - Market Analysis, Forecast, Size, Trends and Insights

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Price for Glass Bottle, Jar and Container in Hungary - 2023

Contents:

  1. Price for Glass Bottle, Jar and Container in Hungary (FOB) - 2022
  2. Price for Glass Bottle, Jar and Container in Hungary (CIF) - 2023
  3. Exports of Glass Bottle, Jar and Container in Hungary
  4. Imports of Glass Bottle, Jar and Container in Hungary

Price for Glass Bottle, Jar and Container in Hungary (FOB) - 2022

The average export price for bottles, jars and other containers of glass stood at $0.1 per unit in 2022, falling by -26.4% against the previous year. In general, the export price showed a abrupt shrinkage. The pace of growth was the most pronounced in 2016 when the average export price increased by 8.1%. The export price peaked at $0.8 per unit in 2012; however, from 2013 to 2022, the 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 Romania ($0.2 per unit), while the average price for exports to Belgium ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (-6.8%), while the prices for the other major destinations experienced a decline.

Price for Glass Bottle, Jar and Container in Hungary (CIF) - 2023

The average import price for bottles, jars and other containers of glass stood at $187 per thousand units in August 2023, reducing by -7.8% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.6%. The growth pace was the most rapid in April 2023 when the average import price increased by 21% m-o-m. As a result, import price reached the peak level of $0.2 per unit. From May 2023 to August 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Austria ($294 per thousand units), while the price for Ukraine ($130 per thousand units) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Poland (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Glass Bottle, Jar and Container in Hungary

For the fourth consecutive year, Hungary recorded growth in shipments abroad of bottles, jars and other containers of glass, which increased by 54% to 1.1B units in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 69% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, glass bottle, jar and container exports rose sharply to $114M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 21%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Glass Bottle, Jar and Container in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy18.920.621.223.57.5%
Belgium12.811.421.921.919.6%
Germany9.612.314.117.421.9%
France5.34.94.55.93.6%
United Kingdom2.42.83.53.917.6%
Romania1.92.02.73.826.0%
Spain2.12.73.23.316.3%
Greece2.62.52.73.04.9%
Denmark1.51.72.42.417.0%
Poland2.12.41.92.0-1.6%
Slovenia1.01.91.92.026.0%
Netherlands2.42.10.60.5-40.7%
Others15.715.619.824.415.8%
Total78.582.910011413.2%

Top Export Markets for Glass Bottle, Jar and Container from Hungary in 2022:

  1. Belgium (339.6M units)
  2. Italy (228.8M units)
  3. Germany (173.0M units)
  4. France (79.1M units)
  5. Spain (39.9M units)
  6. United Kingdom (37.2M units)
  7. Denmark (27.8M units)
  8. Poland (22.9M units)
  9. Romania (22.8M units)
  10. Greece (22.0M units)
  11. Slovenia (21.6M units)
  12. Netherlands (3.5M units)

Imports of Glass Bottle, Jar and Container in Hungary

In 2022, the amount of bottles, jars and other containers of glass imported into Hungary skyrocketed to 451M units, picking up by 42% compared with 2021 figures. Overall, imports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 65% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, glass bottle, jar and container imports rose remarkably to $94M in 2022. The total import value increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Import of Glass Bottle, Jar and Container in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany14.817.518.820.812.0%
Slovakia8.48.49.814.118.8%
Austria15.013.614.111.6-8.2%
Ukraine8.48.810.28.3-0.4%
Czech Republic5.55.87.57.611.4%
Poland3.24.16.47.231.0%
Serbia1.72.62.85.447.0%
Italy6.15.25.24.4-10.3%
Others12.111.211.314.97.2%
Total75.277.186.294.27.8%

Top Suppliers of Glass Bottle, Jar and Container to Hungary in 2022:

  1. Germany (87.3M units)
  2. Slovakia (82.9M units)
  3. Ukraine (48.2M units)
  4. Austria (45.3M units)
  5. Serbia (39.9M units)
  6. Czech Republic (33.4M units)
  7. Poland (30.5M units)
  8. Italy (14.7M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for glass bottle, jar and container in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 23131120 - Containers made from tubing of glass (excluding preserving jars)
  • Prodcom 23131130 - Glass containers of a nominal capacity . 2,5 litres (excluding preserving jars)
  • Prodcom 23131140 - Bottles of colourless glass of a nominal capacity < 2,5 litres, f or beverages and foodstuffs (excluding bottles covered with leather or composition leather, infant
  • Prodcom 23131150 - Bottles of coloured glass of a nominal capacity < 2,5 litres, for beverages and foodstuffs (excluding bottles covered with leather or composition leather, infant
  • Prodcom 23131160 - Glass containers for beverages and foodstuffs of a nominal capacity < 2,5 litres (excluding bottles, flasks covered with leather or composition leather, domestic glassware, vacuum flasks and vessels)
  • Prodcom 23131170 - Glass containers for pharmaceutical products of a nominal capacity < 2,5 litres
  • Prodcom 23131180 - Glass containers of a nominal capacity < 2,5 litres for the conveyance or packing of goods (excluding for beverages and foodstuffs, for pharmaceutical products, containers made from glass tubing)

Country coverage:

  • Hungary

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Hungary
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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