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Republic of Korea - Bottles, Jars And Other Containers Of Glass - Market Analysis, Forecast, Size, Trends and Insights
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Republic of Korea: Glass Container Market Overview 2021

Glass Container Market Size in Republic of Korea

The South Korean glass container market fell to $X in 2019, with a decrease of -X% against the previous year. Over the period under review, consumption, however, recorded prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, consumption reached the peak level of $X, and then contracted modestly in the following year.

Glass Container Production in Republic of Korea

In value terms, glass container production dropped to $X in 2019 estimated in export prices. In general, production, however, continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. As a result, production attained the peak level of $X, and then shrank in the following year.

Glass Container Exports

Exports from Republic of Korea

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. Over the period under review, exports, however, saw a pronounced setback. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Exports peaked at X units in 2008; however, from 2009 to 2019, exports stood at a somewhat lower figure.

In value terms, glass container exports expanded significantly to $X in 2019. In general, exports, however, recorded a resilient increase. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, exports attained the maximum in 2019 and are expected to retain growth in years to come.

Exports by Country

The U.S. (X units) was the main destination for glass container exports from South Korea, accounting for a X% share of total exports. Moreover, glass container exports to the U.S. exceeded the volume sent to the second major destination, Australia (X units), fourfold. The third position in this ranking was occupied by Indonesia (X units), with a X% share.

From 2007 to 2019, the average annual growth rate of volume to the U.S. was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+X% per year) and Indonesia (-X% per year).

In value terms, the U.S. ($X) remains the key foreign market for glass container exports from South Korea, comprising X% of total exports. The second position in the ranking was occupied by Australia ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

From 2007 to 2019, the average annual growth rate of value to the U.S. stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+X% per year) and the UK (-X% per year).

Export Prices by Country

The average glass container export price stood at $X per unit in 2019, rising by X% against the previous year. Over the period under review, the export price saw a buoyant increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. The export price peaked in 2019 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2019, the country with the highest price was the UK ($X per unit), while the average price for exports to Canada ($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 Australia, while the prices for the other major destinations experienced more modest paces of growth.

Glass Container Imports

Imports into Republic of Korea

In 2019, after two years of decline, there was significant growth in supplies from abroad of bottles, jars and other containers of glass, when their volume increased by X% to X units. In general, imports showed a remarkable increase. The pace of growth was the most pronounced 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 totaled $X in 2019. Over the period under review, imports continue to indicate a strong increase. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2019, the growth imports remained at a lower figure.

Imports by Country

In 2019, China (X units) constituted the largest supplier of glass container to South Korea, with a X% share of total imports. Moreover, glass container imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), more than tenfold. The third position in this ranking was occupied by France (X units), with a X% share.

From 2007 to 2019, the average annual growth rate of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+X% per year) and France (+X% per year).

In value terms, China ($X) constituted the largest supplier of glass container to South Korea, comprising X% of total imports. The second position in the ranking was occupied by Japan ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+X% per year) and France (+X% per year).

Import Prices by Country

The average glass container import price stood at $X per unit in 2019, 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 2015 when the average import price increased by X% year-to-year. As a result, import price reached the peak level of $X per unit. From 2016 to 2019, the growth in terms of the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Japan ($X per unit), while the price for Thailand ($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 prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bottles, jars and other containers of glass in the world?
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China (99B units) remains the largest glass container consuming country worldwide, comprising approx. 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?
+
The country with the largest volume of glass container production was China (101B units), comprising approx. 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 Republic of Korea?
+
In value terms, China ($29M) constituted the largest supplier of glass container to South Korea, comprising 56% of total imports. The second position in the ranking was occupied by Japan ($9.4M), with a 18% share of total imports. It was followed by France, with a 4.4% share.
What are the leading importers of bottles, jars and other containers of glass from Republic of Korea?
+
In value terms, the U.S. ($25M) remains the key foreign market for glass container exports from South Korea, comprising 41% of total exports. The second position in the ranking was occupied by Australia ($11M), with a 17% share of total exports. It was followed by the UK, with a 5.8% share.
What is the average export price for bottles, jars and other containers of glass in Republic of Korea?
+
The average glass container export price stood at $2.6 per unit in 2019, with an increase of 4.7% against the previous year.
What is the average import price for bottles, jars and other containers of glass in Republic of Korea?
+
In 2019, the average glass container import price amounted to $1 per unit, approximately equating the previous year.

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)

This report provides an in-depth analysis of the glass container market in Republic of Korea. 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.


Country coverage:
• South Korea

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Republic of Korea
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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