Glass: carboys, bottles, flasks, jars, pots, phials and other containers of glass, (not ampoules), used for the conveyance or packing of goods

In 2024, glass: carboys, bottles, flasks, jars, pots, phials and other containers of glass, (not ampoules), used for the conveyance or packing of goods trade exhibited significant decline, with global flows reaching $14,242,583,814 and a three-year compound annual growth rate of +3.9% (five-year: +6.5%). The all-time peak of $15,407,481,959 was recorded in 2023; the current level is 8% below that high-water mark.

Over the 30-year observation window (1995–2024), 83% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is steady (-0.4% acceleration).

The supply side is diversified (Herfindahl-Hirschman Index 0.067). The three largest exporters — China ($2.6B), Germany ($1.6B), and Italy ($1.0B) — collectively dominate supply flows. The leading exporter has grown at +7.4% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.048). The three largest import markets are United States ($1.8B), France ($1.7B), and Italy ($910.3M). The largest importing market sources from 92 different supplying countries.

Estimated substitution elasticity: -8.25. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Mexico → United States at $519.3M, representing 29.1% of the importer's total demand.

The volatility score for glass: carboys, bottles, flasks, jars, pots, phials and other containers of glass, (not ampoules), used for the conveyance or packing of goods is 3 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, contracting demand signals caution before committing resources. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.