U.S. Metal Box And Light Gauge Container Market. Analysis And Forecast to 2025
Update: COVID-19 Impact
American Exports of Light Gauge Metal Containers Doubled in the Past Five Years
IndexBox has just published a new report: 'U.S. Metal Box And Light Gauge Container Market. Analysis And Forecast to 2025'. Here is a summary of the report's key findings.
Over the past five years, American exports of metal boxes and light gauge containers have doubled in value terms, from $475M to $927M. Canada imports 97% of metal containers supplying abroad from America. In physical terms, Canada ramped up its imports from the U.S. by +62.9% y-o-y in 2020.
American Exports of Metal Boxes and Light Gauge Containers
In 2020, approx. 4.7B units of metal boxes and light gauge containers were exported from the U.S.; jumping by +31% against the previous year's figure. In the past five years, exports grew from 735M units to 4.7B units.
In value terms, exports of metal boxes and light gauge containers rose markedly to $927M (IndexBox estimates) in 2020. Overall, total exports indicated a buoyant expansion from 2015 to 2020: its value increased at an average annual rate of +45.9% over the last five-year period.
Canada (4.6B units) was the main destination for exports of metal boxes and light gauge containers from the U.S., with a 97% share of total exports. It was followed by Mexico (105M units), with a 2.2% share of total exports. In 2020, the volume of imports to Canada rose by +62.9% y-o-y.
In value terms, Canada ($605M) remains the key foreign market for metal box and light gauge container exports from the U.S., comprising 65% of total exports. The second position in the ranking was occupied by Mexico ($191M), with a 21% share of total exports. From 2015 to 2020, the average annual rate of growth in terms of value to Canada amounted to +25.5%.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for metal box and light gauge container in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
Solar Energy Market: Getting to Net-Zero amid Energy Crisis
Join our live webinar to get insights into the global solar energy market.
Thursday, November 4th, 2021 @ 03:00 pm ET
Wind Energy Market: Getting to Net-Zero amid Energy Crisis
Join our live webinar to get insights into the global wind energy market.
Thursday, November 11th, 2021 @ 04:00 pm ET
Biogas Market: Getting to Net-Zero amid Energy Crisis
Join our live webinar to get insights into the global biogas market.
Thursday, November 18th, 2021 @ 04:00 pm ET