Glass Container Market Overview in Moldova
In value terms, glass container production rose significantly to $ in 2019 estimated in export prices. The total output value increased at an average annual rate of +% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of % against the previous year. Glass container production peaked at $ in 2013; however, from 2014 to 2019, production stood at a somewhat lower figure.
The revenue of the glass container market in Moldova stood at $ in 2019, surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% over the period from 2007 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2008 when the market value increased by % year-to-year. Glass container consumption peaked in 2019 and is likely to continue growth in the immediate term.