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

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

The Scandinavia market for bottles, jars and other containers of glass rose modestly to $X in 2023, picking up by X% against the previous year. The total consumption indicated measured growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

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

In value terms, glass bottle, jar and container production rose rapidly to $X in 2023 estimated in export price. The total production indicated a strong expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The level of production peaked at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Exports of Bottles, Jars And Other Containers Of Glass

Exports in Scandinavia

In 2023, approx. X units of bottles, jars and other containers of glass were exported in Scandinavia; which is down by X% on the previous year. In general, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports reached the maximum at X units in 2013; however, from 2014 to 2023, the exports failed to regain momentum.

In value terms, glass bottle, jar and container exports skyrocketed to $X in 2023. Over the period under review, exports showed a mild contraction. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2023, the exports remained at a lower figure.

Exports by Country

In 2023, Sweden (X units) represented the major exporter of bottles, jars and other containers of glass in Scandinavia, mixing up X% of total export.

Sweden was also the fastest-growing in terms of the bottles, jars and other containers of glass exports, with a CAGR of X% from 2012 to 2023. From 2012 to 2023, the share of Sweden increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) also remains the largest glass bottle, jar and container supplier in Scandinavia.

From 2012 to 2023, the average annual rate of growth in terms of value in Sweden was relatively modest.

Export Prices by Country

The export price in Scandinavia stood at $X per unit in 2023, increasing by X% against the previous year. Overall, the export price continues to indicate buoyant growth. The growth pace was the most rapid in 2020 when the export price increased by X%. Over the period under review, the export prices reached the peak figure in 2023 and is expected to retain growth in years to come.

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

From 2012 to 2023, the rate of growth in terms of prices for Sweden amounted to X% per year.

Imports of Bottles, Jars And Other Containers Of Glass

Imports in Scandinavia

In 2023, overseas purchases of bottles, jars and other containers of glass decreased by X% to X units, falling for the second year in a row after two years of growth. Over the period under review, imports showed a noticeable descent. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2023, imports failed to regain momentum.

In value terms, glass bottle, jar and container imports rose modestly to $X in 2023. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Sweden (X units) was the largest importer of bottles, jars and other containers of glass, achieving X% of total imports. It was distantly followed by Norway (X units) and Finland (X units), together committing a X% share of total imports.

Sweden experienced a relatively flat trend pattern with regard to volume of imports of bottles, jars and other containers of glass. Norway experienced a relatively flat trend pattern. Finland (X%) illustrated a downward trend over the same period. Sweden (X p.p.) and Norway (X p.p.) significantly strengthened its position in terms of the total imports, while Finland saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, Sweden ($X), Norway ($X) and Finland ($X) appeared to be the countries with the highest levels of imports in 2023.

In terms of the main importing countries, Norway, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2023, the import price in Scandinavia amounted to $X per unit, rising by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure in 2023 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Finland ($X per unit), while Sweden ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Finland (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform