Estonia - Bottles, Jars And Other Containers Of Glass - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Glass Bottle, Jar and Container in Estonia - 2023
Contents:
- Price for Glass Bottle, Jar and Container in Estonia (FOB) - 2023
- Price for Glass Bottle, Jar and Container in Estonia (CIF) - 2023
- Exports of Glass Bottle, Jar and Container in Estonia
- Imports of Glass Bottle, Jar and Container in Estonia
Price for Glass Bottle, Jar and Container in Estonia (FOB) - 2023
In September 2023, the average export price for bottles, jars and other containers of glass amounted to $167 per thousand units, approximately equating the previous month. Overall, export price indicated moderate growth from September 2022 to September 2023: its price increased at an average monthly rate of +4.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, glass bottle, jar and container export price decreased by -2.6% against July 2023 indices. The growth pace was the most rapid in January 2023 an increase of 44% month-to-month. As a result, the export price reached the peak level of $0.2 per unit. From February 2023 to September 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Finland ($194 per thousand units), while the average price for exports to Poland ($102 per thousand units) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Glass Bottle, Jar and Container in Estonia (CIF) - 2023
The average import price for bottles, jars and other containers of glass stood at $169 per thousand units in September 2023, dropping by -11% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +2.6%. The growth pace was the most rapid in March 2023 an increase of 31% against the previous month. As a result, import price attained the peak level of $0.3 per unit. From April 2023 to September 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was China ($264 per thousand units), while the price for Belarus ($96.0 per thousand units) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Poland (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Glass Bottle, Jar and Container in Estonia
In 2022, after three years of growth, there was significant decline in overseas shipments of bottles, jars and other containers of glass, when their volume decreased by -11.7% to 181M units. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 15%. As a result, the exports reached the peak of 204M units, and then dropped in the following year.
In value terms, glass bottle, jar and container exports totaled $38M in 2022. The total export value increased at an average annual rate of +3.0% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Glass Bottle, Jar and Container in Estonia (Million USD) | |||||
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COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Latvia | 11.1 | 13.7 | 15.6 | 18.5% | |
Finland | 9.4 | 11.8 | 12.6 | 15.8% | |
Norway | 2.0 | 3.6 | 3.7 | 36.0% | |
Poland | 3.1 | 4.7 | 2.9 | -3.3% | |
Lithuania | 1.4 | 1.5 | 1.5 | 3.5% | |
Czech Republic | 0.6 | 0.5 | 0.4 | -18.4% | |
Germany | 1.1 | 0.2 | 0.1 | -69.8% | |
Others | 0.8 | 1.0 | 0.8 | 0.0% | |
Total | 29.5 | 37.0 | 37.6 | 12.9% |
Top Export Markets for Glass Bottle, Jar and Container from Estonia in 2022:
- Latvia (75.7M units)
- Finland (50.1M units)
- Poland (19.7M units)
- Norway (19.1M units)
- Lithuania (8.0M units)
- Czech Republic (3.4M units)
- Germany (0.7M units)
Imports of Glass Bottle, Jar and Container in Estonia
In 2022, supplies from abroad of bottles, jars and other containers of glass decreased by -7.6% to 73M units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 26%. As a result, imports reached the peak of 79M units, and then reduced in the following year.
In value terms, glass bottle, jar and container imports rose sharply to $13M in 2022. The total import value increased at an average annual rate of +7.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 28% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
Import of Glass Bottle, Jar and Container in Estonia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Latvia | 1.2 | 1.3 | 2.0 | 29.1% | |
Lithuania | 1.4 | 1.6 | 1.9 | 16.5% | |
Russia | 2.0 | 3.0 | 1.8 | -5.1% | |
Poland | 0.8 | 1.1 | 1.5 | 36.9% | |
Germany | 0.4 | 0.7 | 1.2 | 73.2% | |
Belarus | 0.1 | 0.1 | 0.8 | 182.8% | |
Ukraine | 0.9 | 1.0 | 0.7 | -11.8% | |
Denmark | 0.6 | 0.7 | 0.7 | 8.0% | |
Others | 1.6 | 1.8 | 2.4 | 22.5% | |
Total | 8.9 | 11.4 | 13.0 | 20.9% |
Top Suppliers of Glass Bottle, Jar and Container to Estonia in 2022:
- Latvia (13.6M units)
- Russia (13.4M units)
- Lithuania (13.2M units)
- Denmark (6.9M units)
- Belarus (5.4M units)
- Poland (5.2M units)
- Germany (4.5M units)
- Ukraine (4.1M units)
This report provides an in-depth analysis of the market for glass bottle, jar and container in Estonia. 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 2030.
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)
Country coverage:
- Estonia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Estonia
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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