ASEAN: Glass Ampoules Market 2024

Glass Ampoules Market Size in ASEAN

In 2023, the ASEAN glass ampoules market increased by X% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2023, consumption remained at a lower figure.

Glass Ampoules Production in ASEAN

In value terms, glass ampoules production reduced to $X in 2023 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2023, production failed to regain momentum.

Glass Ampoules Exports

Exports in ASEAN

In 2023, the amount of glass ampoules for packing of goods exported in ASEAN totaled X units, growing by X% against 2022 figures. Over the period under review, exports, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The volume of export peaked at X units in 2013; however, from 2014 to 2023, the exports remained at a lower figure.

In value terms, glass ampoules exports amounted to $X in 2023. In general, exports, however, continue to indicate a deep slump. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

The biggest shipments were from Indonesia (X units), together recording X% of total export.

Indonesia was also the fastest-growing in terms of the glass ampoules for packing of goods exports, with a CAGR of X% from 2012 to 2023. Indonesia (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X) also remains the largest glass ampoules supplier in ASEAN.

In Indonesia, glass ampoules exports plunged by an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in ASEAN amounted to $X per thousand units, rising by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per thousand units in 2019; however, from 2020 to 2023, the export prices stood at a somewhat lower figure.

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

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

Glass Ampoules Imports

Imports in ASEAN

In 2023, purchases abroad of glass ampoules for packing of goods increased by X% to X units, rising for the fourth year in a row after two years of decline. Over the period under review, imports recorded a prominent increase. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2016 to 2023, the growth of imports failed to regain momentum.

In value terms, glass ampoules imports shrank to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2022 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then dropped slightly in the following year.

Imports by Country

In 2023, Vietnam (X units), distantly followed by Indonesia (X units), Malaysia (X units), Thailand (X units) and Myanmar (X units) represented the major importers of glass ampoules for packing of goods, together committing X% of total imports. Singapore (X units) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Indonesia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest glass ampoules importing markets in ASEAN were Malaysia ($X), Indonesia ($X) and Thailand ($X), with a combined X% share of total imports. Vietnam, Myanmar and Singapore lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Myanmar, with a CAGR of X%, saw 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 2023, the import price in ASEAN amounted to $X per thousand units, declining by X% against the previous year. Overall, the import price saw a slight decrease. The growth pace was the most rapid in 2018 when the import price increased by X%. The level of import peaked at $X per thousand units in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per thousand units), while Vietnam ($X per thousand units) was amongst the lowest.

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

Source: IndexBox Platform