
Vietnam - Bottles, Jars And Other Containers Of Glass - Market Analysis, Forecast, Size, Trends and Insights
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Vietnam: Glass Container Market Overview 2021
Glass Container Market Size in Vietnam
After two years of growth, the Vietnamese glass container market decreased by -X% to $X in 2019. Overall, consumption, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. As a result, consumption attained the peak level of $X, and then dropped markedly in the following year.
Glass Container Production in Vietnam
In value terms, glass container production reduced sharply to $X in 2019 estimated in export prices. In general, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, production reached the peak level of $X, and then fell markedly in the following year.
Glass Container Exports
Exports from Vietnam
In 2019, shipments abroad 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, exports posted a strong increase. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. Over the period under review, exports attained the maximum in 2019 and are likely to see steady growth in the immediate term.
In value terms, glass container exports fell rapidly to $X in 2019. Over the period under review, exports posted a resilient increase. The most prominent rate of growth was recorded in 2012 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at $X in 2018, and then contracted dramatically in the following year.
Exports by Country
The Philippines (X units) was the main destination for glass container exports from Viet Nam, with a X% share of total exports. Moreover, glass container exports to the Philippines exceeded the volume sent to the second major destination, Cambodia (X units), threefold. Malaysia (X units) ranked third in terms of total exports with a X% share.
From 2007 to 2019, the average annual growth rate of volume to the Philippines stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cambodia (+X% per year) and Malaysia (+X% per year).
In value terms, the Philippines ($X) remains the key foreign market for glass container exports from Viet Nam, comprising X% of total exports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of total exports. It was followed by Cambodia, with a X% share.
From 2007 to 2019, the average annual rate of growth in terms of value to the Philippines stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+X% per year) and Cambodia (+X% per year).
Export Prices by Country
In 2019, the average glass container export price amounted to $X per unit, with a decrease of -X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, export price reached the peak level of $X per unit, and then declined dramatically in the following year.
There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was Indonesia ($X per unit), while the average price for exports to Cambodia ($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 Malaysia, while the prices for the other major destinations experienced more modest paces of growth.
Glass Container Imports
Imports into Vietnam
After two years of decline, purchases abroad of bottles, jars and other containers of glass decreased by -X% to X units in 2019. Overall, imports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2012 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2018, and then fell remarkably in the following year.
In value terms, glass container imports declined markedly to $X in 2019. Over the period under review, imports, however, continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2008 when imports increased by X% year-to-year. Imports peaked at $X in 2018, and then dropped notably in the following year.
Imports by Country
In 2019, China (X units) constituted the largest glass container supplier to Viet Nam, accounting for a X% share of total imports. Moreover, glass container imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X units), fivefold. The third position in this ranking was occupied by Japan (X units), with a X% share.
From 2007 to 2019, the average annual rate of growth in terms of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+X% per year) and Japan (+X% per year).
In value terms, China ($X) constituted the largest supplier of glass container to Viet Nam, comprising X% of total imports. The second position in the ranking was occupied by Thailand ($X), with a X% share of total imports. It was followed by Japan, with a X% share.
From 2007 to 2019, the average annual growth rate of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+X% per year) and Japan (+X% per year).
Import Prices by Country
The average glass container import price stood at $X per unit in 2019, growing by X% against the previous year. In general, the import price, however, recorded a mild decline. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. The import price peaked at $X per unit in 2009; however, from 2010 to 2019, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2019, the countries with the highest prices were India ($X per unit) and Japan ($X per unit), while the price for Thailand ($X per unit) and Indonesia ($X per unit) were amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Japan, while the prices for the other major suppliers experienced a decline.
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) 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?+
China (101B units) remains the largest glass container producing country worldwide, 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 Vietnam?+
In value terms, China ($48M) constituted the largest supplier of glass container to Viet Nam, comprising 69% of total imports. The second position in the ranking was occupied by Thailand ($11M), with a 15% share of total imports. It was followed by Japan, with a 5.2% share.
What are the leading importers of bottles, jars and other containers of glass from Vietnam?+
In value terms, the Philippines ($10M) remains the key foreign market for glass container exports from Viet Nam, comprising 48% of total exports. The second position in the ranking was occupied by Malaysia ($4.4M), with a 20% share of total exports. It was followed by Cambodia, with a 12% share.
What is the average export price for bottles, jars and other containers of glass in Vietnam?+
The average glass container export price stood at $0.7 per unit in 2019, falling by -31.1% against the previous year.
What is the average import price for bottles, jars and other containers of glass in Vietnam?+
In 2019, the average glass container import price amounted to $0.7 per unit, growing by 23% against the previous year.
This report provides an in-depth analysis of the glass container market in Vietnam. 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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