Metal Can Market in the USA - Key Insights

IndexBox has just published a new report, the U.S. Metal Can Market. Analysis And Forecast to 2025. Here is a summary of the report's key findings.

The revenue of the metal can market in the U.S. amounted to $X in 2018, approximately reflecting 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). Overall, metal can consumption continues to indicate a slight descent. The growth pace was the most rapid in 2014, when the market value increased by X% y-o-y. In that year, the metal can market reached its peak level of $X. From 2015 to 2018, the growth of the metal can market remained at a somewhat lower figure.

Metal Can Production in the USA

In value terms, metal can production totaled $X in 2018. In general, metal can production continues to indicate a mild slump. The pace of growth appeared the most rapid in 2014, when the the output figure increased by X% year-to-year. In that year, metal can production reached its peak level of $X. From 2015 to 2018, metal can production growth remained at a somewhat lower figure.

Exports from the USA

In 2018, approx. X tons of metal can were exported from the U.S.; lowering by -X% against the previous year. Overall, metal can exports continue to indicate a drastic slump.

In value terms, metal can exports totaled $X (IndexBox estimates) in 2018.

Exports by Country

Trinidad and Tobago (X tons), the Netherlands (X tons) and Jamaica (X tons) were the main destinations of metal can exports from the U.S., with a combined X% share of total exports. Bahamas, Germany, the Dominican Republic and Japan lagged somewhat behind, together accounting for a further X%.

From 2013 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Japan (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for metal can exported from the U.S. were Trinidad and Tobago ($X), Jamaica ($X) and the Netherlands ($X), with a combined X% share of total exports. These countries were followed by Germany, Bahamas, the Dominican Republic and Japan, which together accounted for a further X%.

Export Prices by Country

The average metal can export price stood at $X per kg in 2018, remaining constant against the previous year. In general, the metal can export price continues to indicate a relatively flat trend pattern.

Export prices varied noticeably by the country of origin; the country with the highest export price was Germany ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of export prices was recorded for supplies to Bahamas, while the export prices for the other major destinations experienced more modest paces of growth.

Imports into the USA

In 2018, approx. X tons of metal can were imported into the U.S.; surging by X% against the previous year. The total import volume increased at an average annual rate of +X% over the period from 2013 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years.

In value terms, metal can imports stood at $X (IndexBox estimates) in 2018. The total import value increased at an average annual rate of +X% over the period from 2013 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. In that year, metal can imports reached their peak , and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, China (X tons) constituted the largest metal can supplier to the U.S., with a X% share of total imports. Moreover, metal can imports from China exceeded the figures recorded by the second largest supplier, France (X tons), sixfold. The third position in this ranking was occupied by Mexico (X tons), with a X% share.

From 2013 to 2018, the average annual growth rate of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and Mexico (+X% per year).

In value terms, the largest metal can suppliers to the U.S. were China ($X), France ($X) and Germany ($X), with a combined X% share of total imports. These countries were followed by the UK, Mexico, Chile, Thailand and Taiwan, Chinese, which together accounted for a further X%.

Import Prices by Country

In 2018, the average metal can import price amounted to $X per kg, remaining relatively unchanged against the previous year. In general, the metal can import price continues to indicate a measured shrinkage.

There were significant differences in the average import prices amongst the major supplying countries. In 2018, the country with the highest import price was the UK ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of import prices was attained by Taiwan, Chinese, while the import prices for the other major suppliers experienced more modest paces of growth.

Companies Mentioned in the Report

Ball Corporation, Crown Holdings Inc., Silgan Containers, BWAY Corporation, Silgan Holdings, Independent Can Company, Exal Corporation, Conco, Can Corporation of America, Ds Containers, Silgan White Cap Corporation, CCL Container Corporation, Ball Metal Food Container Corp., Justrite Manufacturing Company, Rexam Beverage Can Company, Silgan Containers Manufacturing Corporation, Bway Holding Company, Metal Container Corporation, Silgan Containers Corporation, Crown Cork & Seal Usa, Reynolds Metals Company, PSC Industries, Foulkrod Associates, Brockway Standard (new Jersey), Ball Aerosol and Specialty Container Inc., Crown Beverage Packaging, Ball Metal Beverage Container Corp., Ball Packaging, Bway Parent Company, Bway Intermediate Company, Crown Cork & Seal Company

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Source: IndexBox Market Intelligence Platform