Which Country Exports the Most Tanks, Casks and Similar Containers in the World?
Other Fabricated Metal Products May 28, 2018
IndexBox has just published a new report "World: Tanks, Casks, Drums, Cans, Boxes And Similar Containers - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.
In 2016, the amount of container imported worldwide totaled 2.9M tonnes, going up by 3% against the previous year figure. The total import volume increased at an average annual rate of +1.1% over the period from 2007 to 2016- the trend pattern remained consistent, with somewhat noticeable fluctuations over the period under review. The growth pace was the most rapid in 2010, when import increased by 8% from the previous year level. Global container import peaked of 3.1M tonnes in 2014- however, from 2015 to 2016, it stood at a somewhat lower level.
In value terms, container imports amounted to $5.9B in 2016. The total import value increased at an average annual rate of +2.1% from 2007 to 2016- the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Global container import peaked of $6.4B in 2014- however, from 2015 to 2016, it stood at a somewhat lower level.
Top Container Importing Countries in the World
1. USA (570.1 million USD)
2. Germany (394.5 million USD)
3. France (383.6 million USD)
4. Belgium (377.0 million USD)
5. Netherlands (374.9 million USD)
6. Canada (327.3 million USD)
7. United Kingdom (224.7 million USD)
8. Spain (133.2 million USD)
9. Poland (114.7 million USD)
10. China (75.6 million USD)
11. Italy (52.3 million USD)
12. South Africa (20.1 million USD)
Container Imports By Country
The imports of the twelve major importers of container, namely Germany, China, the UK, the U.S., Belgium, the Netherlands, Spain, France, Italy, Canada, South Africa, and Poland, represented more than half of total import.
From 2007 to 2016, the most notable growth rate of container imports, among the main importing countries, was attained by the UK (+12.0% per year), while the other global leaders experienced more modest paces of growth.
In value terms, the largest container markets worldwide were the U.S. ($570M), Germany ($395M) and France ($384M), with a combined 23% share of global imports.Belgium, the Netherlands, Canada, the UK, Spain, Poland, China, Italy and South Africa lagged somewhat behind, together accounting for a further 29%.
South Africa (+7.4% per year) experienced the highest growth rate of container imports, in terms of the main importing countries, over the last 9 year period, while the other global leaders experienced more modest paces of growth.
Container Import Prices By Country
The average container import price stood at $2,018 per tonne in 2016, remaining relatively unchanged against the previous year level. In general, container import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when import increased by 11% year-to-year. Over the period under review, average container import price reached its maximum level of $2,133 per tonne in 2011- however, from 2012 to 2016, it failed to regain its strength.
Import prices varied noticeably by country of destination. the country with the highest import prices was Canada ($3,623 per tonne), while South Africa ($241 per tonne) was among the lowest.
From 2007 to 2016, the most notable growth rate of container import prices was attained by South Africa (+6.1% per year), while the other global leaders experienced more modest paces of growth.
Do you want to know more about global container market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- container market share
- container prices
- container industry
- container sales
- container import
- container export
- container market forecast
- container price forecast
- key container producers
All data provided in this article covers the following product: HS Code 7310 - Tanks, casks, drums, cans, boxes and similar containers, for any material (excluding compressed or liquefied gas), of iron or steel, capacity not exceeding 300l, whether or not lined or heat-insulated.
