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

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

For the eleventh consecutive year, the Argentinian market for bottles, jars and other containers of glass recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption, however, recorded a significant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

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

In value terms, glass bottle, jar and container production surged to $X in 2022 estimated in export price. Overall, production, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

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Exports of Bottles, Jars And Other Containers Of Glass

Exports from Argentina

In 2022, approx. X units of bottles, jars and other containers of glass were exported from Argentina; declining by X% against the previous year's figure. In general, exports showed a noticeable contraction. Over the period under review, the exports hit record highs at X units in 2021, and then fell in the following year.

In value terms, glass bottle, jar and container exports soared to $X in 2022. Over the period under review, exports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Brazil (X units) was the main destination for glass bottle, jar and container exports from Argentina, accounting for a X% share of total exports. Moreover, glass bottle, jar and container exports to Brazil exceeded the volume sent to the second major destination, Paraguay (X units), fourfold. The third position in this ranking was held by Uruguay (X units), with an X% share.

From 2021 to 2022, the average annual rate of growth in terms of volume to Brazil stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (X% per year) and Uruguay (X% per year).

In value terms, Brazil ($X) remains the key foreign market for bottles, jars and other containers of glass exports from Argentina, comprising X% of total exports. The second position in the ranking was taken by Paraguay ($X), with a X% share of total exports. It was followed by Uruguay, with an X% share.

From 2021 to 2022, the average annual rate of growth in terms of value to Brazil totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (X% per year) and Uruguay (X% per year).

Export Prices by Country

The average export price for bottles, jars and other containers of glass stood at $X per unit in 2022, growing by X% against the previous year. Overall, the export price showed significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Bolivia ($X per unit) and Brazil ($X per unit), while the average price for exports to Uruguay ($X per unit) and Paraguay ($X per unit) were amongst the lowest.

From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (X%), 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 Argentina

In 2022, after two years of decline, there was decline in purchases abroad of bottles, jars and other containers of glass, when their volume decreased by X% to X units. Over the period under review, imports continue to indicate a significant expansion. The smallest decline of X% was in 2020. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, glass bottle, jar and container imports skyrocketed to $X in 2022. In general, total imports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by X% 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.

Imports by Country

In 2022, Chile (X units) constituted the largest glass bottle, jar and container supplier to Argentina, with a X% share of total imports. Moreover, glass bottle, jar and container imports from Chile exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The third position in this ranking was taken by Brazil (X units), with a X% share.

From 2019 to 2022, the average annual growth rate of volume from Chile stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Brazil (X% per year).

In value terms, Brazil ($X), China ($X) and Chile ($X) constituted the largest glass bottle, jar and container suppliers to Argentina, together comprising X% of total imports. Australia, Italy, France, Moldova and Bolivia lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Moldova, with a CAGR of X.2%, saw the highest growth rate of 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

In 2022, the average import price for bottles, jars and other containers of glass amounted to $X per unit, remaining stable against the previous year. Overall, the import price recorded a precipitous slump. The most prominent rate of growth was recorded in 2020 a decrease of X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2019; however, from 2020 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 Brazil ($X per unit), while the price for Bolivia ($X per unit) was amongst the lowest.

From 2019 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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