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

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

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

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

In value terms, glass bottle, jar and container production surged to $X in 2022 estimated in export price. Over the period under review, production posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

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Exports of Bottles, Jars And Other Containers Of Glass

Exports from Canada

In 2022, approx. X units of bottles, jars and other containers of glass were exported from Canada; waning by X% against 2021 figures. Over the period under review, exports showed a precipitous decrease. The smallest decline of X% was in 2021. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, glass bottle, jar and container exports reduced slightly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of X%. The exports peaked at $X in 2021, and then reduced modestly in the following year.

Exports by Country

The United States (X units) was the main destination for glass bottle, jar and container exports from Canada, accounting for a approx. X% share of total exports.

From 2020 to 2022, the average annual growth rate of volume to the United States totaled X%.

In value terms, the United States ($X) also remains the key foreign market for bottles, jars and other containers of glass exports from Canada.

From 2020 to 2022, the average annual rate of growth in terms of value to the United States was relatively modest.

Export Prices by Country

The average export price for bottles, jars and other containers of glass stood at $X per unit in 2022, surging by X% against the previous year. Over the period under review, the export price continues to indicate a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2020 to 2022, the rate of growth in terms of prices for the United States amounted to X% per year.

Imports of Bottles, Jars And Other Containers Of Glass

Imports into Canada

In 2022, the amount of bottles, jars and other containers of glass imported into Canada surged to X units, growing by X% on the previous year's figure. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, glass bottle, jar and container imports contracted slightly to $X in 2022. Over the period under review, total imports indicated a buoyant 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 2013 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, leveling off in the following year.

Imports by Country

In 2022, the United States (X units) constituted the largest glass bottle, jar and container supplier to Canada, accounting for a X% share of total imports. Moreover, glass bottle, jar and container imports from the United States exceeded the figures recorded by the second-largest supplier, China (X units), threefold. India (X units) ranked third in terms of total imports with a X% share.

From 2021 to 2022, the average annual rate of growth in terms of volume from the United States totaled X.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X.3% per year) and India (X.4% per year).

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

From 2021 to 2022, the average annual growth rate of value from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Mexico (X% per year).

Import Prices by Country

In 2022, the average import price for bottles, jars and other containers of glass amounted to $X per unit, declining by X% against the previous year. Overall, the import price saw a sharp shrinkage. Over the period under review, average import prices attained the peak figure at $X per unit in 2021, and then declined significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2021 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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