China - Tanks, Casks, Drums, Cans, Boxes And Similar Containers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingContainer Price in China - 2023
Contents:
- Container Price in China (FOB) - 2022
- Container Price in China (CIF) - 2023
- Container Exports in China
- Container Imports in China
Container Price in China (FOB) - 2022
The average container export price stood at $0.3 per unit in 2022, surging by 28% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($0.5 per unit), while the average price for exports to Vietnam ($0.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.
Container Price in China (CIF) - 2023
The average container import price stood at $1.2 per unit in June 2023, surging by 60% against the previous month. Over the period under review, the import price saw mild growth. The growth pace was the most rapid in December 2022 an increase of 119% against the previous month. As a result, import price reached the peak level of $1.8 per unit. From January 2023 to June 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($7.2 per unit), while the price for Thailand ($204 per thousand units) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the UK (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Container Exports in China
In 2022, overseas shipments of tanks, casks, drums, cans, boxes and similar containers decreased by -19.7% to 13B units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +3.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 35% against the previous year. As a result, the exports attained the peak of 16B units, and then declined rapidly in the following year.
In value terms, container exports amounted to $3.9B in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +10.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +42.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 39%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Container in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 246 | 281 | 564 | 407 | 18.3% |
| Vietnam | 49.2 | 56.9 | 60.9 | 111 | 31.2% |
| South Korea | 43.8 | 40.0 | 64.0 | 93.2 | 28.6% |
| United Kingdom | 83.9 | 62.7 | 90.3 | 83.3 | -0.2% |
| Malaysia | 77.2 | 50.4 | 52.6 | 78.4 | 0.5% |
| Japan | 45.9 | 48.5 | 65.5 | 73.0 | 16.7% |
| Germany | 82.8 | 60.0 | 82.3 | 72.8 | -4.2% |
| Netherlands | 60.1 | 44.2 | 83.7 | 65.9 | 3.1% |
| Mexico | 26.2 | 21.8 | 63.0 | 60.0 | 31.8% |
| Australia | 40.8 | 42.6 | 51.4 | 59.8 | 13.6% |
| France | 57.1 | 38.9 | 46.3 | 56.7 | -0.2% |
| Canada | 53.5 | 52.7 | 61.5 | 54.0 | 0.3% |
| India | 24.7 | 17.8 | 25.0 | 32.9 | 10.0% |
| Others | 2,063 | 1,942 | 2,512 | 2,685 | 9.2% |
| Total | 2,955 | 2,760 | 3,823 | 3,934 | 10.0% |
Top Export Markets for Container from China in 2022:
- United States (1359.7M units)
- Vietnam (464.1M units)
- South Korea (274.0M units)
- Mexico (206.3M units)
- Netherlands (204.3M units)
- United Kingdom (198.7M units)
- Germany (184.3M units)
- Canada (181.7M units)
- Australia (152.8M units)
- Malaysia (149.0M units)
- Japan (142.5M units)
- India (116.3M units)
- France (110.5M units)
Container Imports in China
Container imports into China declined rapidly to 234M units in 2022, waning by -20% on the previous year. Over the period under review, imports saw a dramatic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 3% against the previous year. Imports peaked at 477M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, container imports surged to $301M in 2022. The total import value increased at an average annual rate of +7.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 23%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Container in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 62.4 | 49.0 | 56.2 | 61.9 | -0.3% |
| United States | 13.0 | 11.4 | 17.1 | 26.4 | 26.6% |
| Japan | 10.8 | 10.0 | 11.4 | 11.8 | 3.0% |
| Thailand | 5.7 | 5.5 | 4.7 | 7.7 | 10.5% |
| Germany | 7.2 | 5.5 | 9.8 | 7.3 | 0.5% |
| France | 3.7 | 4.5 | 4.6 | 4.7 | 8.3% |
| Italy | 2.9 | 3.9 | 4.3 | 4.6 | 16.6% |
| United Kingdom | 3.2 | 2.6 | 3.4 | 2.9 | -3.2% |
| Malaysia | 0.8 | 0.5 | 0.8 | 1.1 | 11.2% |
| Belgium | 1.1 | 0.3 | 0.1 | N/A | -69.8% |
| Taiwan (Chinese) | 3.3 | N/A | N/A | N/A | 0% |
| Others | 127 | 108 | 135 | 172 | 10.6% |
| Total | 241 | 201 | 248 | 301 | 7.7% |
Top Suppliers of Container to China in 2022:
- Thailand (35.5M units)
- South Korea (14.9M units)
- Japan (11.0M units)
- Italy (9.4M units)
- Germany (8.8M units)
- United States (8.2M units)
- United Kingdom (7.1M units)
- France (5.0M units)
- Malaysia (3.0M units)
- Belgium (0.7M units)
This report provides an in-depth analysis of the container market in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the container market in China.
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This report provides an in-depth analysis of the global container market.
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This report provides an in-depth analysis of the global market for iron or steel can.
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This report provides an in-depth analysis of the container market in China.
237
This report provides an in-depth analysis of the market for iron or steel can in China.
795
This report provides an in-depth analysis of the global container market.
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This report provides an in-depth analysis of the global market for iron or steel can.
180
During the period analyzed, Container exports reached their highest point in August 2023, with a total of 612 million units. However, the following month witnessed a decline in exports. In terms of value, container exports decreased to $138 million in September 2023.
453
From 2010 to 2020, China's iron and steel can exports soared from 469M units to 1.9B units. In value terms, supplies rose from $66M to $537M.
133
Explore the top import markets for containers worldwide, featuring key statistics and insights. Discover the leading countries and their import values using data from the IndexBox market intelligence platform.
824
In 2016, the amount of container imported worldwide totaled X tons, going up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the ...
882
In 2016, the amount of container imported worldwide totaled X tons, going up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the ...
180
During the period analyzed, Container exports reached their highest point in August 2023, with a total of 612 million units. However, the following month witnessed a decline in exports. In terms of value, container exports decreased to $138 million in September 2023.
453
From 2010 to 2020, China's iron and steel can exports soared from 469M units to 1.9B units. In value terms, supplies rose from $66M to $537M.
133
Explore the top import markets for containers worldwide, featuring key statistics and insights. Discover the leading countries and their import values using data from the IndexBox market intelligence platform.
824
In 2016, the amount of container imported worldwide totaled X tons, going up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the ...
882
In 2016, the amount of container imported worldwide totaled X tons, going up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the ...
