Half Year 2022 glass packaging production at highest levels

Half Year 2022 glass packaging production at highest levels

According to data gathered by FEVE – the European Container Glass Federation – in the first half of 2022, production and total sales reached new record levels confirming the pace already registered for the Year 2021. Production increased by 3% in both tonnes and units between the first half of 2021 and that of 2022. In fact, in the same period, total sales reached a growth of 8.0% in tonnes and 8.5% in units compared to the first half of 2021.

The industry is facing an unprecedented market demand growth in all segments in Europe and is working at full speed and capacity to meet exceptionally high levels of demand. This shows continued trust in glass packaging material and FEVE members are strongly committed to meet market demand. They are also investing in increasing production and capacity despite very high pressure on energy and costs, which however requires time.

These results have been achieved despite the situation created by the aftermath of COVID, the subsequent rapid rebound in the economy (spiralling inflation and energy costs, some basic raw materials shortages, and disruptions to European logistics (shortage of drivers, shipping containers, pallets) and the war in Ukraine dramatically impacting energy costs. Glass furnaces operate continuously 24/7, 365 days a year for 10-15 years and cannot be closed until they are rebuilt. Our first industry commitment is to satisfy our customers’ demand as best we can from all perspectives.

www.feve.org

Image: 
First half year production figures of glass packaging 2016 to 2022
Published: 
31/01/2023

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