Glass Container Market Overview in Egypt
In value terms, glass container production stood at $1.9B in 2010 estimated in export prices. The total output value increased at an average annual rate of +8.3% from 2007 to 2010; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2008 when production volume increased by 41% against the previous year. In that year, glass container production attained its peak level of $2.1B. From 2009 to 2010, glass container production growth remained at a lower figure.
The revenue of the glass container market in Egypt amounted to $2.6B in 2010, surging by 5.9% 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 +8.0% over the period from 2007 to 2010; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2008 with an increase of 18% y-o-y. Glass container consumption peaked in 2010 and is expected to retain its growth in the near future.