Report Update: Apr 1, 2024

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

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Container Price in the United States - 2023

Container Price in the United States (CIF) - 2022

The average container import price stood at $0.2 per unit in 2022, rising by 48% against the previous year. Overall, the import price, however, continues to indicate a noticeable decrease. Over the period under review, average import prices hit record highs at $0.2 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($0.7 per unit), while the price for Saudi Arabia ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Container Price in the United States (FOB) - 2022

In 2022, the average container export price amounted to $0.2 per unit, surging by 8.8% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 15%. Over the period under review, the average export prices attained the peak figure at $0.2 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($0.5 per unit), while the average price for exports to Canada amounted to $0.2 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+8.7%).

Container Imports in the United States

In 2022, overseas purchases of tanks, casks, drums, cans, boxes and similar containers decreased by -46.7% to 7B units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate a buoyant expansion. The growth pace was the most rapid in 2021 when imports increased by 120% against the previous year. As a result, imports attained the peak of 13B units, and then dropped remarkably in the following year.

In value terms, container imports contracted rapidly to $1.2B in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +11.8% 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 +39.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 51% against the previous year. As a result, imports attained the peak of $1.5B, and then declined dramatically in the following year.

Import of Container in the United States (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Mexico	209	432	417	427	26.9%
China	151	130	320	182	6.4%
Canada	74.7	93.4	105	108	13.1%
Germany	215	39.8	48.0	70.8	-30.9%
United Arab Emirates	N/A	23.8	73.4	46.4	39.6%
Brazil	7.3	26.9	11.5	43.5	81.3%
Saudi Arabia	N/A	19.8	47.8	30.4	23.9%
Jordan	0.3	2.1	17.8	12.4	245.8%
Others	209	252	498	290	11.5%
Total	866	1,020	1,538	1,210	11.8%

Top Suppliers of Container to the United States in 2022:

Mexico (3170.8M units)
China (638.2M units)
Canada (605.6M units)
United Arab Emirates (547.9M units)
Saudi Arabia (401.8M units)
Brazil (388.3M units)
Jordan (152.1M units)
Germany (107.8M units)

Container Exports in the United States

For the fourth consecutive year, the United States recorded growth in shipments abroad of tanks, casks, drums, cans, boxes and similar containers, which increased by 11% to 7.2B units in 2022. The total export volume increased at an average annual rate of +10.7% 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 2020 when exports increased by 20% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, container exports surged to $1.5B in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.2% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Container in the United States (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Canada	638	750	802	948	14.1%
Mexico	237	179	285	369	15.9%
Others	183	170	191	230	7.9%
Total	1,058	1,099	1,278	1,547	13.5%

Top Export Markets for Container from the United States in 2022:

Canada (6.0B units)
Mexico (0.7B units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the container market in the U.S.. 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:

United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the U.S.
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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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