
Colombia - Bottles, Jars And Other Containers Of Glass - Market Analysis, Forecast, Size, Trends and Insights
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Colombia: Glass Container Market Overview 2021
Glass Container Market Size in Colombia
In 2019, the Colombian glass container market decreased by -X% to $X for the first time since 2006, thus ending a twelve-year rising trend. Over the period under review, consumption showed a buoyant expansion. The pace of growth appeared the most rapid in 2018 when the market value increased by X% against the previous year. As a result, consumption reached the peak level of $X, and then reduced dramatically in the following year.
Glass Container Production in Colombia
In value terms, glass container production fell notably to $X in 2019 estimated in export prices. Over the period under review, production posted a remarkable increase. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. As a result, production reached the peak level of $X, and then fell rapidly in the following year.
Glass Container Exports
Exports from Colombia
In 2019, shipments abroad of bottles, jars and other containers of glass increased by X% to X units, rising for the third consecutive year after two years of decline. In general, exports saw a slight increase. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. Exports peaked at X units in 2012; however, from 2013 to 2019, exports remained at a lower figure.
In value terms, glass container exports reduced sharply to $X in 2019. Over the period under review, exports recorded a mild expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Exports peaked at $X in 2012; however, from 2013 to 2019, exports remained at a lower figure.
Exports by Country
The U.S. (X units), the Dominican Republic (X units) and Brazil (X units) were the main destinations of glass container exports from Colombia, with a combined X% share of total exports.
From 2007 to 2019, the biggest increases were in the Dominican Republic (+X% per year), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the U.S. ($X) remains the key foreign market for glass container exports from Colombia, comprising X% of total exports. The second position in the ranking was occupied by the Dominican Republic ($X), with a X% share of total exports. It was followed by Brazil, with a X% share.
From 2007 to 2019, the average annual growth rate of value to the U.S. totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Dominican Republic (+X% per year) and Brazil (+X% per year).
Export Prices by Country
The average glass container export price stood at $X per unit in 2019, with a decrease of -X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X% y-o-y. As a result, export price attained the peak level of $X per unit, and then reduced remarkably in the following year.
There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was Mexico ($X per unit), while the average price for exports to the Dominican Republic ($X per unit) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Brazil, while the prices for the other major destinations experienced more modest paces of growth.
Glass Container Imports
Imports into Colombia
In 2019, overseas purchases of bottles, jars and other containers of glass increased by X% to X units, rising for the fourth consecutive year after two years of decline. In general, total imports indicated a strong 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, imports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Imports peaked in 2019 and are expected to retain growth in the near future.
In value terms, glass container imports surged to $X in 2019. Overall, total imports indicated a noticeable 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. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2012 to 2019, the growth imports remained at a lower figure.
Imports by Country
Peru (X units), Mexico (X units) and China (X units) were the main suppliers of glass container imports to Colombia, with a combined X% share of total imports. Venezuela, India, France and Brazil lagged somewhat behind, together comprising a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Venezuela, while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest glass container suppliers to Colombia were Peru ($X), Mexico ($X) and China ($X), with a combined X% share of total imports.
In terms of the main suppliers, China recorded 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 2019, the average glass container import price amounted to $X per unit, rising by X% against the previous year. In general, the import price, however, saw a mild descent. Over the period under review, average import prices reached the maximum at $X per unit in 2014; however, from 2015 to 2019, import prices failed to regain the momentum.
Prices varied noticeably by the country of origin; the country with the highest price was Brazil ($X per unit), while the price for Venezuela ($X per unit) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Brazil, while the prices for the other major suppliers 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 the world?+
China (99B units) constituted the country with the largest volume of glass container consumption, accounting for 21% of total volume. Moreover, glass container consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (37B units), threefold. The third position in this ranking was occupied by Italy (27B units), with a 5.7% share.
What are the largest producers of bottles, jars and other containers of glass in the world?+
China (101B units) constituted the country with the largest volume of glass container production, accounting for 21% of total volume. Moreover, glass container production in China exceeded the figures recorded by the second-largest producer, the U.S. (35B units), threefold. The third position in this ranking was occupied by Italy (27B units), with a 5.6% share.
What are the leading suppliers of bottles, jars and other containers of glass to Colombia?+
In value terms, Peru ($27M), Mexico ($22M) and China ($8.4M) constituted the largest glass container suppliers to Colombia, with a combined 84% share of total imports.
What are the leading importers of bottles, jars and other containers of glass from Colombia?+
In value terms, the U.S. ($12M) remains the key foreign market for glass container exports from Colombia, comprising 37% of total exports. The second position in the ranking was occupied by the Dominican Republic ($4.8M), with a 15% share of total exports. It was followed by Brazil, with a 13% share.
What is the average export price for bottles, jars and other containers of glass in Colombia?+
The average glass container export price stood at $0.7 per unit in 2019, falling by -38.9% against the previous year.
What is the average import price for bottles, jars and other containers of glass in Colombia?+
In 2019, the average glass container import price amounted to $0.6 per unit, increasing by 13% against the previous year.
This report provides an in-depth analysis of the glass container market in Colombia. 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 Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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