Thailand - Tanks, Casks, Drums, Cans, Boxes And Similar Containers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingContainer Price in Thailand - 2023
Contents:
- Container Price in Thailand (FOB) - 2022
- Container Price in Thailand (CIF) - 2023
- Container Exports in Thailand
- Container Imports in Thailand
Container Price in Thailand (FOB) - 2022
The average container export price stood at $0.2 per unit in 2022, surging by 5.6% against the previous year. In general, the export price, however, saw a perceptible descent. The pace of growth was the most pronounced in 2015 when the average export price increased by 28%. As a result, the export price reached the peak level of $0.2 per unit. From 2016 to 2022, the average export prices failed to regain momentum.
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 Singapore ($0.3 per unit), while the average price for exports to Myanmar ($0.1 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 Cambodia (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
Container Price in Thailand (CIF) - 2023
In July 2023, the average container import price amounted to $178 per thousand units, falling by -3.4% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in August 2022 an increase of 21% against the previous month. As a result, import price reached the peak level of $0.2 per unit. From September 2022 to July 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($332 per thousand units), while the price for Vietnam ($34.0 per thousand units) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (+0.2%), while the prices for the other major suppliers experienced a decline.
Container Exports in Thailand
For the fourth consecutive year, Thailand recorded growth in shipments abroad of tanks, casks, drums, cans, boxes and similar containers, which increased by 3% to 2.7B units in 2022. The total export volume increased at an average annual rate of +12.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 24% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, container exports expanded sharply to $453M in 2022. The total export value increased at an average annual rate of +7.2% 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 when exports increased by 19% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Container in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 34.0 | 36.5 | 37.2 | 39.3 | 4.9% |
| Cambodia | 3.1 | 8.3 | 17.0 | 25.1 | 100.8% |
| Japan | 41.0 | 22.8 | 23.8 | 22.4 | -18.2% |
| Lao People's Democratic Republic | 5.1 | 7.7 | 12.4 | 19.0 | 55.0% |
| Indonesia | 16.8 | 13.8 | 20.1 | 17.9 | 2.1% |
| Philippines | 9.6 | 7.6 | 10.9 | 13.6 | 12.3% |
| Myanmar | 3.0 | 11.8 | 13.3 | 12.2 | 59.6% |
| United States | 7.8 | 11.9 | 13.0 | 10.2 | 9.4% |
| China | 6.4 | 6.9 | 5.8 | 8.8 | 11.2% |
| South Africa | 6.4 | 6.5 | 6.6 | 7.2 | 4.0% |
| South Korea | 1.4 | 1.0 | 5.5 | 5.8 | 60.6% |
| Malaysia | 7.2 | 5.2 | 6.9 | 5.3 | -9.7% |
| Sri Lanka | 3.7 | 4.5 | 3.8 | 2.0 | -18.5% |
| Others | 222 | 206 | 240 | 264 | 5.9% |
| Total | 368 | 350 | 416 | 453 | 7.2% |
Top Export Markets for Container from Thailand in 2022:
- Vietnam (250.8M units)
- Myanmar (217.3M units)
- Cambodia (143.9M units)
- Lao People's Democratic Republic (136.1M units)
- Indonesia (102.8M units)
- Japan (96.1M units)
- Philippines (53.6M units)
- China (51.9M units)
- South Africa (38.2M units)
- United States (33.0M units)
- South Korea (27.6M units)
- Malaysia (24.0M units)
- Sri Lanka (11.4M units)
Container Imports in Thailand
In 2022, overseas purchases of tanks, casks, drums, cans, boxes and similar containers decreased by -0.6% to 1.1B units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 7.9% against the previous year. Over the period under review, imports hit record highs at 1.1B units in 2021, and then contracted in the following year.
In value terms, container imports rose rapidly to $223M in 2022. The total import value increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 11% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.
| Import of Container in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 4.4 | 6.0 | 17.8 | 26.9 | 82.9% |
| Taiwan (Chinese) | 25.5 | 31.0 | 32.1 | 25.4 | -0.1% |
| China | 14.0 | 15.4 | 16.7 | 18.1 | 8.9% |
| Japan | 9.4 | 8.3 | 10.9 | 9.1 | -1.1% |
| Germany | 4.5 | 3.3 | 2.7 | 5.8 | 8.8% |
| Vietnam | 2.4 | 2.4 | 1.6 | 5.2 | 29.4% |
| United States | 17.2 | 2.3 | 3.4 | 4.5 | -36.0% |
| Singapore | 6.4 | 4.8 | 4.8 | 4.3 | -12.4% |
| South Korea | 2.8 | 4.0 | 2.8 | 3.3 | 5.6% |
| Netherlands | 3.7 | 4.2 | 4.4 | 2.8 | -8.9% |
| Indonesia | 2.5 | 3.0 | 0.8 | 0.3 | -50.7% |
| Others | 109 | 103 | 110 | 117 | 2.4% |
| Total | 201 | 188 | 209 | 223 | 3.5% |
Top Suppliers of Container to Thailand in 2022:
- Malaysia (142.6M units)
- Taiwan (Chinese) (113.3M units)
- China (94.5M units)
- Vietnam (85.4M units)
- Japan (31.5M units)
- Singapore (27.1M units)
- South Korea (13.1M units)
- Germany (12.3M units)
- Netherlands (9.0M units)
- United States (4.7M units)
- Indonesia (1.4M units)
This report provides an in-depth analysis of the container market in Thailand. 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:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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
354
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