Philippines - 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 the Philippines - 2023
Contents:
- Price for Aluminium Cask, Drum, Can, Box and Similar Container in the Philippines (CIF) - 2022
- Price for Aluminium Cask, Drum, Can, Box and Similar Container in the Philippines (FOB) - 2022
- Imports of Aluminium Cask, Drum, Can, Box and Similar Container in the Philippines
- Exports of Aluminium Cask, Drum, Can, Box and Similar Container in the Philippines
Price for Aluminium Cask, Drum, Can, Box and Similar Container in the Philippines (CIF) - 2022
The average import price for aluminium casks, drums, cans, boxes and similar containers stood at $0.2 per unit in 2022, increasing by 16% against the previous year. Over the period under review, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for aluminium casks, drums, cans, boxes and similar containers increased by +26.1% against 2020 indices. The pace of growth appeared the most rapid in 2018 an increase of 35%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Japan ($0.2 per unit) and Thailand ($0.2 per unit), while the price for China ($0.2 per unit) and South Korea ($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 China (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium Cask, Drum, Can, Box and Similar Container in the Philippines (FOB) - 2022
The average export price for aluminium casks, drums, cans, boxes and similar containers stood at $0.2 per unit in 2022, surging by 10% against the previous year. Overall, the export price posted a strong expansion. The growth pace was the most rapid in 2018 an increase of 48%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($0.2 per unit) and New Zealand ($0.2 per unit), while the average price for exports to South Korea ($0.2 per unit) and China ($0.2 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Papua New Guinea (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aluminium Cask, Drum, Can, Box and Similar Container in the Philippines
Imports of aluminium casks, drums, cans, boxes and similar containers into the Philippines surged to 58M units in 2022, jumping by 67% on 2021. Overall, total imports indicated a temperate expansion from 2019 to 2022: its volume increased at an average annual rate of +4.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of aluminium casks, drums, cans, boxes and similar containers soared to $13M in 2022. Over the period under review, imports saw prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Aluminium Cask, Drum, Can, Box and Similar Container in the Philippines (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 1.7 | 0.9 | N/A | 5.2 | 45.2% |
Indonesia | 1.1 | 1.5 | 0.7 | 2.5 | 31.5% |
China | 1.9 | 0.8 | 2.1 | 2.0 | 1.7% |
South Korea | 0.8 | 0.9 | 1.1 | 1.5 | 23.3% |
Japan | 0.8 | 0.5 | 1.1 | 0.7 | -4.4% |
Thailand | 2.0 | 0.6 | 1.0 | 0.7 | -29.5% |
United States | 0.4 | 0.1 | N/A | 0.1 | -37.0% |
Italy | 0.2 | 0.1 | 0.2 | N/A | 0.0% |
Others | 0.4 | 0.5 | 0.5 | 0.4 | 0.0% |
Total | 9.2 | 6.0 | 6.8 | 13.1 | 12.5% |
Top Suppliers of Aluminium Cask, Drum, Can, Box and Similar Container to the Philippines in 2022:
- Malaysia (23.0M units)
- Indonesia (11.2M units)
- China (8.9M units)
- South Korea (6.4M units)
- Thailand (3.2M units)
- Japan (3.1M units)
- United States (0.4M units)
Exports of Aluminium Cask, Drum, Can, Box and Similar Container in the Philippines
Exports of aluminium casks, drums, cans, boxes and similar containers from the Philippines declined notably to 23M units in 2022, with a decrease of -30.9% compared with the previous year. In general, exports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 250%. As a result, the exports attained the peak of 33M units, and then declined significantly in the following year.
In value terms, exports of aluminium casks, drums, cans, boxes and similar containers reduced markedly to $4.9M in 2022. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 268%. As a result, the exports attained the peak of $6.4M, and then contracted notably in the following year.
Export of Aluminium Cask, Drum, Can, Box and Similar Container in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Solomon Islands | 557 | 1,087 | 1,236 | 1,839 | 48.9% |
China | N/A | N/A | N/A | 1,053 | 0% |
United States | 40.7 | 15.7 | 4,782 | 829 | 173.1% |
South Korea | 1.0 | 0.9 | 1.7 | 433 | 656.5% |
Fiji | 210 | 47.9 | 69.2 | 394 | 23.3% |
Papua New Guinea | 485 | 571 | 60.4 | 139 | -34.1% |
New Zealand | N/A | N/A | 256 | 138 | -46.1% |
Japan | 215 | N/A | N/A | 25.6 | -50.8% |
Others | 416 | 27.4 | 28.1 | 53.3 | -49.6% |
Total | 1,925 | 1,750 | 6,433 | 4,903 | 36.6% |
Top Export Markets for Aluminium Cask, Drum, Can, Box and Similar Container from the Philippines in 2022:
- Solomon Islands (8.5M units)
- China (4.9M units)
- United States (3.8M units)
- South Korea (2.0M units)
- Fiji (1.8M units)
- Papua New Guinea (0.6M units)
- New Zealand (0.6M units)
- Japan (0.1M units)
This report provides an in-depth analysis of the market for aluminium cask, drum, can, box and similar container in the Philippines. 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:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- 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 the Philippines.
This report provides an in-depth analysis of the container market in the Philippines.
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 the Philippines.
This report provides an in-depth analysis of the global market for aluminium cask, drum, can, box and similar container.
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