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

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

The Indonesian market for bottles, jars and other containers of glass fell slightly to $X in 2023, with a decrease of X% against the previous year. Overall, consumption enjoyed a buoyant increase. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2023, consumption failed to regain momentum.

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

In value terms, glass bottle, jar and container production fell modestly to $X in 2023 estimated in export price. In general, production saw buoyant growth. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2023, production remained at a lower figure.

Exports of Bottles, Jars And Other Containers Of Glass

Exports from Indonesia

After three years of growth, overseas shipments of bottles, jars and other containers of glass decreased by X% to X units in 2023. Overall, exports continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, glass bottle, jar and container exports contracted to $X in 2023. In general, exports recorded a slight downturn. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

New Zealand (X units) was the main destination for glass bottle, jar and container exports from Indonesia, with a X% share of total exports. Moreover, glass bottle, jar and container exports to New Zealand exceeded the volume sent to the second major destination, the Philippines (X units), threefold. Papua New Guinea (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to New Zealand totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (X% per year) and Papua New Guinea (X% per year).

In value terms, New Zealand ($X) emerged as the key foreign market for bottles, jars and other containers of glass exports from Indonesia, comprising X% of total exports. The second position in the ranking was taken by the Philippines ($X), with a X% share of total exports. It was followed by the United States, with an X% share.

From 2012 to 2023, the average annual growth rate of value to New Zealand amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (X% per year) and the United States (X% per year).

Export Prices by Country

The average export price for bottles, jars and other containers of glass stood at $X per unit in 2023, with an increase of X% against the previous year. Overall, export price indicated a notable expansion from 2012 to 2023: its price 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, glass bottle, jar and container export price decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2017 an increase of X%. The export price peaked at $X per unit in 2019; however, from 2020 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($X per unit), while the average price for exports to Papua New Guinea ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bottles, Jars And Other Containers Of Glass

Imports into Indonesia

Glass bottle, jar and container imports into Indonesia fell to X units in 2023, waning by X% compared with the previous year's figure. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2017; however, from 2018 to 2023, imports failed to regain momentum.

In value terms, glass bottle, jar and container imports reduced to $X in 2023. Overall, total imports indicated a pronounced expansion 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2016 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2022, and then shrank in the following year.

Imports by Country

In 2023, China (X units) constituted the largest supplier of glass bottle, jar and container to Indonesia, with a X% share of total imports. Moreover, glass bottle, jar and container imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X units), more than tenfold. The third position in this ranking was taken by India (X units), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and India (X% per year).

In value terms, China ($X) constituted the largest supplier of bottles, jars and other containers of glass to Indonesia, comprising X% of total imports. The second position in the ranking was taken by South Korea ($X), with a X% share of total imports. It was followed by Thailand, with a X% share.

From 2012 to 2023, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Thailand (X% per year).

Import Prices by Country

In 2023, the average import price for bottles, jars and other containers of glass amounted to $X per unit, dropping by X% against the previous year. Over the period under review, import price indicated a measured expansion from 2012 to 2023: its price 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, glass bottle, jar and container import price increased by X% against 2017 indices. The growth pace was the most rapid in 2015 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2022, and then contracted modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($X per unit), while the price for Pakistan ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform