China - Aluminium Casks, Drums, Cans, Boxes and Similar Containers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Aluminium Cask, Drum, Can, Box and Similar Container in China - 2023
Contents:
- Price for Aluminium Cask, Drum, Can, Box and Similar Container in China (FOB) - 2023
- Price for Aluminium Cask, Drum, Can, Box and Similar Container in China (CIF) - 2023
- Exports of Aluminium Cask, Drum, Can, Box and Similar Container in China
- Imports of Aluminium Cask, Drum, Can, Box and Similar Container in China
Price for Aluminium Cask, Drum, Can, Box and Similar Container in China (FOB) - 2023
In December 2023, the average export price for aluminium casks, drums, cans, boxes and similar containers amounted to $183 per thousand units, increasing by 5.4% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 12% month-to-month. Over the period under review, the average export prices hit record highs at $199 per thousand units in April 2023; however, from May 2023 to December 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In December 2023, the country with the highest price was the UK ($323 per thousand units), while the average price for exports to Tanzania ($122 per thousand units) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Aluminium Cask, Drum, Can, Box and Similar Container in China (CIF) - 2023
The average import price for aluminium casks, drums, cans, boxes and similar containers stood at $607 per thousand units in December 2023, with an increase of 14% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 46% m-o-m. As a result, import price attained the peak level of $0.9 per unit. From October 2023 to December 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 the United States ($1.7 per unit), while the price for Thailand ($262 per thousand units) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Japan (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Aluminium Cask, Drum, Can, Box and Similar Container in China
In 2022, overseas shipments of aluminium casks, drums, cans, boxes and similar containers decreased by -29.6% to 2.1B units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, recorded strong growth. The pace of growth was the most pronounced in 2021 when exports increased by 87% against the previous year. As a result, the exports reached the peak of 3B units, and then contracted markedly in the following year.
In value terms, exports of aluminium casks, drums, cans, boxes and similar containers declined rapidly to $410M in 2022. In general, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 95% against the previous year. As a result, the exports reached the peak of $508M, and then reduced notably in the following year.
Export of Aluminium Cask, Drum, Can, Box and Similar Container in China (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 47.9 | 73.3 | 229 | 111 | 32.3% |
South Korea | 9.8 | 12.9 | 28.2 | 38.7 | 58.1% |
Vietnam | 16.7 | 20.3 | 13.6 | 38.0 | 31.5% |
Hong Kong SAR | 17.8 | 21.8 | 22.5 | 25.7 | 13.0% |
Netherlands | 7.8 | 8.3 | 34.0 | 16.4 | 28.1% |
Canada | 10.9 | 12.9 | 25.8 | 15.6 | 12.7% |
United Kingdom | 10.9 | 8.9 | 9.9 | 13.4 | 7.1% |
Cambodia | 0.2 | 0.5 | 7.5 | 9.5 | 262.2% |
Mongolia | 3.0 | 3.3 | 4.7 | 5.6 | 23.1% |
Others | 103 | 97.6 | 132 | 136 | 9.7% |
Total | 228 | 260 | 508 | 410 | 21.6% |
Top Export Markets for Aluminium Cask, Drum, Can, Box and Similar Container from China in 2022:
- United States (660.9M units)
- Vietnam (247.8M units)
- South Korea (190.5M units)
- Hong Kong SAR (188.1M units)
- Canada (92.1M units)
- Netherlands (82.2M units)
- Cambodia (52.4M units)
- Mongolia (41.4M units)
- United Kingdom (35.1M units)
Imports of Aluminium Cask, Drum, Can, Box and Similar Container in China
In 2022, the amount of aluminium casks, drums, cans, boxes and similar containers imported into China dropped to 42M units, with a decrease of -10.4% against the previous year. The total import volume increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 23% against the previous year. As a result, imports reached the peak of 47M units, and then shrank in the following year.
In value terms, imports of aluminium casks, drums, cans, boxes and similar containers fell to $23M in 2022. The total import value increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 31%. As a result, imports attained the peak of $25M, and then fell in the following year.
Import of Aluminium Cask, Drum, Can, Box and Similar Container in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 3.1 | 2.3 | 4.3 | 4.0 | 8.9% |
South Korea | 1.3 | 3.5 | 2.9 | 3.5 | 39.1% |
France | 2.4 | 3.2 | 3.7 | 2.8 | 5.3% |
United Kingdom | 2.7 | 2.5 | 3.3 | 2.5 | -2.5% |
Germany | 1.8 | 1.4 | 2.1 | 2.4 | 10.1% |
Thailand | 1.1 | 1.1 | 1.4 | 2.0 | 22.1% |
Japan | 2.8 | 2.2 | 2.5 | 1.7 | -15.3% |
Italy | 0.4 | 0.9 | 0.7 | 1.2 | 44.2% |
Taiwan (Chinese) | 0.7 | 0.4 | 2.8 | 0.5 | -10.6% |
Others | 2.8 | 1.9 | 1.7 | 2.0 | -10.6% |
Total | 19.1 | 19.4 | 25.4 | 22.5 | 5.6% |
Top Suppliers of Aluminium Cask, Drum, Can, Box and Similar Container to China in 2022:
- Thailand (7.5M units)
- South Korea (7.1M units)
- United Kingdom (6.7M units)
- Germany (4.9M units)
- France (4.6M units)
- Japan (3.4M units)
- United States (1.9M units)
- Italy (1.9M units)
- Taiwan (Chinese) (1.5M units)
This report provides an in-depth analysis of the market for aluminium cask, drum, can, box and similar container 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 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
This report provides an in-depth analysis of the market for aluminium cask, drum, can, box and similar container in China.
This report provides an in-depth analysis of the container market in China.
This report provides an in-depth analysis of the global market for aluminium cask, drum, can, box and similar container.
This report provides an in-depth analysis of the global container market.
This report provides an in-depth analysis of the market for aluminium cask, drum, can, box and similar container in China.
This report provides an in-depth analysis of the global market for aluminium cask, drum, can, box and similar container.
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.
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