Australia - Tanks, Casks, Drums, Cans, Boxes And Similar Containers - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Australia - Tanks, Casks, Drums, Cans, Boxes And Similar Containers - Market Analysis, Forecast, Size, Trends and Insights

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Container Price in Australia - 2023

Contents:

  1. Container Price in Australia (CIF) - 2022
  2. Container Price in Australia (FOB) - 2023
  3. Container Imports in Australia
  4. Container Exports in Australia

Container Price in Australia (CIF) - 2022

The average container import price stood at $0.2 per unit in 2022, growing by 5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The growth pace was the most rapid in 2018 an increase of 17%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($0.3 per unit) and Taiwan (Chinese) ($0.3 per unit), while the price for the UK ($0.2 per unit) and New Zealand ($0.2 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Container Price in Australia (FOB) - 2023

In July 2023, the average container export price amounted to $285 per thousand units, picking up by 7.6% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when the average export price increased by 7.8% m-o-m. Over the period under review, the average export prices hit record highs in July 2023.

Average prices varied noticeably for the major external markets. In July 2023, the highest price was recorded for prices to France ($292 per thousand units) and Thailand ($292 per thousand units), while the average price for exports to Papua New Guinea ($261 per thousand units) and New Zealand ($276 per thousand units) were amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.

Container Imports in Australia

In 2022, the amount of tanks, casks, drums, cans, boxes and similar containers imported into Australia reached 544M units, with an increase of 6.6% compared with the previous year. The total import volume increased at an average annual rate of +8.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 25%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, container imports expanded sharply to $134M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +13.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 39%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Container in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China44.939.053.266.413.9%
New Zealand2.73.49.715.378.3%
United States4.09.113.86.316.3%
Malaysia5.05.84.66.16.9%
Italy2.03.94.44.430.1%
Austria1.62.33.04.339.0%
Germany4.83.06.54.0-5.9%
Vietnam0.70.71.62.858.7%
Thailand3.32.62.32.6-7.6%
United Arab Emirates0.10.61.82.5192.4%
Taiwan (Chinese)1.91.82.32.36.6%
United Kingdom0.61.31.31.946.8%
Spain6.80.91.30.3-64.7%
Others13.211.413.714.53.2%
Total91.785.711913413.5%

Top Suppliers of Container to Australia in 2022:

  1. China (256.6M units)
  2. New Zealand (73.5M units)
  3. United States (27.0M units)
  4. Malaysia (24.8M units)
  5. Austria (20.9M units)
  6. Italy (19.6M units)
  7. Germany (13.8M units)
  8. Vietnam (13.0M units)
  9. United Arab Emirates (10.6M units)
  10. Thailand (10.0M units)
  11. United Kingdom (9.3M units)
  12. Taiwan (Chinese) (8.4M units)
  13. Spain (0.9M units)

Container Exports in Australia

In 2022, the amount of tanks, casks, drums, cans, boxes and similar containers exported from Australia dropped markedly to 144M units, falling by -40.9% against the previous year's figure. Over the period under review, exports recorded a deep downturn. The growth pace was the most rapid in 2021 with an increase of 67% against the previous year. As a result, the exports reached the peak of 244M units, and then contracted sharply in the following year.

In value terms, container exports fell dramatically to $36M in 2022. In general, exports saw a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 68%. As a result, the exports reached the peak of $50M, and then contracted markedly in the following year.

Export of Container in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand11.711.620.512.52.2%
Papua New Guinea10.23.25.68.4-6.3%
Japan12.66.85.15.8-22.8%
France0.90.80.62.744.2%
United States3.52.56.21.5-24.6%
Thailand0.30.43.41.154.2%
New Caledonia0.10.10.80.8100.0%
Others5.84.68.23.5-15.5%
Total45.029.950.336.2-7.0%

Top Export Markets for Container from Australia in 2022:

  1. New Zealand (51.0M units)
  2. Papua New Guinea (35.6M units)
  3. Japan (20.6M units)
  4. France (9.5M units)
  5. United States (5.7M units)
  6. Thailand (4.5M units)
  7. New Caledonia (3.5M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the container market in Australia. 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 2030.

Product coverage:

  • Prodcom 25911100 - Tanks, casks, drums, cans... (excluding for gas) of iron or steel, . .50 l, . .300 l
  • Prodcom 25911200 - Tanks, casks, drums... (excluding for gas) of iron or steel, < .50 l
  • Prodcom 25921133 - Cans used for preserving food and drink of iron or steel, < .50 l, food cans
  • Prodcom 25921135 - Cans used for preserving food and drink of iron or steel, < .50 l, drinks
  • Prodcom 25921150 - Cans other than for preserving food and drink of iron or steel, < .50 l
  • Prodcom 25921210 - Aluminium collapsible tubular containers of a capacity . .300 litres, for any material except compressed or liquefied gas
  • Prodcom 25921240 - Casks, drums, cans, boxes and similar containers, of aluminium, for any material (other than compressed or liquefied gas), n.e.s. (other than collapsible tubular containers and containers for aerosols)
  • Prodcom 25921260 - Aluminium aerosol containers, with a capacity . .300 litres

Country coverage:

  • Australia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Australia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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