
Asia-Pacific - Bottles, Jars And Other Containers Of Glass - Market Analysis, Forecast, Size, Trends and Insights
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Asia-Pacific: Glass Container Market Overview 2020
Glass Container Market Size in Asia-Pacific
In 2019, the Asia-Pacific glass container market increased by X% to $X, rising for the third consecutive year after two years of decline. The market value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2008 when the market value increased by X% y-o-y. The level of consumption peaked in 2019 and is expected to retain growth in years to come.
Glass Container Production in Asia-Pacific
In value terms, glass container production stood at $X in 2019 estimated in export prices. The total production indicated a strong increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of production peaked in 2019 and is expected to retain growth in the immediate term.
Production By Country in Asia-Pacific
China (X units) remains the largest glass container producing country in Asia-Pacific, comprising approx. X% of total volume. Moreover, glass container production in China exceeded the figures recorded by the second-largest producer, Bangladesh (X units), sixfold. Indonesia (X units) ranked third in terms of total production with a X% share.
In China, glass container production expanded at an average annual rate of +X% over the period from 2007-2019. The remaining producing countries recorded the following average annual rates of production growth: Bangladesh (+X% per year) and Indonesia (+X% per year).
Glass Container Exports
Exports in Asia-Pacific
In 2019, exports of bottles, jars and other containers of glass in Asia-Pacific amounted to X units, increasing by X% against the previous year's figure. Total exports indicated a prominent expansion from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2007 indices. The pace of growth appeared the most rapid in 2008 when exports increased by X% against the previous year. The volume of export peaked in 2019 and is likely to see gradual growth in the near future.
In value terms, glass container exports expanded rapidly to $X in 2019. Over the period under review, exports recorded a resilient increase. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, exports reached the maximum in 2019 and are likely to continue growth in the near future.
Exports by Country
China dominates glass container exports structure, resulting at X units, which was near X% of total exports in 2019. It was distantly followed by India (X units) and Taiwan, Chinese (X units), together making up a X% share of total exports. Thailand (X units) occupied a minor share of total exports.
From 2007 to 2019, average annual rates of growth with regard to glass container exports from China stood at +X%. At the same time, Thailand (+X%), India (+X%) and Taiwan, Chinese (+X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +X% from 2007-2019. While the share of China (+X p.p.), India (+X p.p.), Thailand (+X p.p.) and Taiwan, Chinese (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($X) remains the largest glass container supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was occupied by India ($X), with a X% share of total exports. It was followed by Taiwan, Chinese, with a X% share.
From 2007 to 2019, the average annual growth rate of value in China stood at +X%. In the other countries, the average annual rates were as follows: India (+X% per year) and Taiwan, Chinese (+X% per year).
Export Prices by Country
In 2019, the glass container export price in Asia-Pacific amounted to $X per unit, approximately mirroring the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2010 when the export price increased by X% y-o-y. Over the period under review, export prices attained the peak figure in 2019 and is likely to see gradual growth in the immediate term.
There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was China ($X per unit), while Thailand ($X per unit) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.
Glass Container Imports
Imports in Asia-Pacific
In 2019, the amount of bottles, jars and other containers of glass imported in Asia-Pacific fell modestly to X units, flattening at 2018. Total imports indicated a resilient increase from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2016 when imports increased by X% year-to-year. As a result, imports attained the peak of X units. From 2017 to 2019, the growth imports remained at a lower figure.
In value terms, glass container imports fell to $X in 2019. Total imports indicated a prominent increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2008 indices. The most prominent rate of growth was recorded in 2016 when imports increased by X% year-to-year. The level of import peaked at $X in 2018, and then reduced in the following year.
Imports by Country
Australia (X units), China (X units), the Philippines (X units), Indonesia (X units), India (X units), New Zealand (X units), Myanmar (X units), Viet Nam (X units), Nepal (X units), Malaysia (X units), South Korea (X units) and China, Hong Kong SAR (X units) represented roughly X% of total imports of bottles, jars and other containers of glass in 2019.
From 2007 to 2019, the biggest increases were in Nepal, while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest glass container importing markets in Asia-Pacific were Australia ($X), the Philippines ($X) and Indonesia ($X), together comprising X% of total imports. These countries were followed by India, New Zealand, Viet Nam, China, South Korea, Malaysia, China, Hong Kong SAR, Myanmar and Nepal, which together accounted for a further X the main importing countries, Nepal 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
The glass container import price in Asia-Pacific stood at $X per unit in 2019, dropping by -X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% y-o-y. Over the period under review, import prices hit record highs at $X per unit in 2018, and then dropped in the following year.
Prices varied noticeably by the country of destination; the country with the highest price was China, Hong Kong SAR ($X per unit), while Nepal ($X per unit) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the Philippines, while the other leaders experienced more modest paces of growth.
Source: IndexBox AI Platform
Frequently Asked Questions (FAQ) :
What are the largest markets for bottles, jars and other containers of glass in Asia-Pacific?+
China (75B units) constituted the country with the largest volume of glass container consumption, comprising approx. 49% of total volume. Moreover, glass container consumption in China exceeded the figures recorded by the second-largest consumer, Bangladesh (12B units), sixfold. Indonesia (12B units) ranked third in terms of total consumption with a 7.6% share.
What are the largest producers of bottles, jars and other containers of glass in Asia-Pacific?+
China (76B units) constituted the country with the largest volume of glass container production, comprising approx. 50% of total volume. Moreover, glass container production in China exceeded the figures recorded by the second-largest producer, Bangladesh (12B units), sixfold. Indonesia (12B units) ranked third in terms of total production with a 7.5% share.
What are the leading exporters of bottles, jars and other containers of glass in Asia-Pacific?+
In value terms, China ($1.9B) remains the largest glass container supplier in Asia-Pacific, comprising 73% of total exports. The second position in the ranking was occupied by India ($234M), with a 8.9% share of total exports. It was followed by Taiwan, Chinese, with a 5.9% share.
What are the leading importers of bottles, jars and other containers of glass in Asia-Pacific?+
In value terms, the largest glass container importing markets in Asia-Pacific were Australia ($149M), the Philippines ($114M) and Indonesia ($97M), with a combined 33% share of total imports. India, New Zealand, Viet Nam, China, South Korea, Malaysia, China, Hong Kong SAR, Myanmar and Nepal lagged somewhat behind, together accounting for a further 46%.
What is the average export price for bottles, jars and other containers of glass in Asia-Pacific?+
The glass container export price in Asia-Pacific stood at $0.9 per unit in 2019, leveling off at the previous year.
What is the average import price for bottles, jars and other containers of glass in Asia-Pacific?+
In 2019, the glass container import price in Asia-Pacific amounted to $0.7 per unit, waning by -9.6% against the previous year.
This report provides an in-depth analysis of the glass container market in Asia-Pacific. 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 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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