Thailand - Iron or Steel Cans For Food And Drink - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Iron or Steel Can in Thailand - 2023
Contents:
- Price for Iron or Steel Can in Thailand (FOB) - 2023
- Price for Iron or Steel Can in Thailand (CIF) - 2022
- Exports of Iron or Steel Can in Thailand
- Imports of Iron or Steel Can in Thailand
Price for Iron or Steel Can in Thailand (FOB) - 2023
The average iron or steel can export price stood at $222 per thousand units in September 2023, growing by 4.7% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 an increase of 13% m-o-m. The export price peaked at $243 per thousand units in September 2022; however, from October 2022 to September 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was the Philippines ($320 per thousand units), while the average price for exports to Sri Lanka ($192 per thousand units) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Seychelles (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Iron or Steel Can in Thailand (CIF) - 2022
In 2022, the average iron or steel can import price amounted to $0.2 per unit, growing by 11% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 11% against the previous year. Over the period under review, average import prices hit record highs at $0.3 per unit in 2015; however, from 2016 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 Vietnam ($0.4 per unit), while the price for China ($0.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Iron or Steel Can in Thailand
In 2022, overseas shipments of iron or steel cans decreased by -15.1% to 206M units, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a noticeable contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 19%. As a result, the exports reached the peak of 264M units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, iron or steel can exports contracted to $50M in 2022. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 6.5% against the previous year. The exports peaked at $54M in 2021, and then shrank in the following year.
Export of Iron or Steel Can in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 21.2 | 22.3 | 22.5 | 23.3 | 3.2% |
Philippines | 6.1 | 6.5 | 8.1 | 7.5 | 7.1% |
Papua New Guinea | 2.6 | 2.7 | 2.7 | 3.1 | 6.0% |
New Zealand | 1.5 | 2.7 | 2.7 | 2.8 | 23.1% |
Fiji | 1.7 | 1.9 | 2.3 | 2.7 | 16.7% |
Sri Lanka | 3.1 | 4.4 | 3.7 | 2.0 | -13.6% |
Japan | 4.5 | 2.5 | 1.8 | 1.9 | -25.0% |
Indonesia | 2.1 | 2.6 | 3.5 | 1.7 | -6.8% |
Maldives | 1.7 | 1.9 | 1.1 | 1.5 | -4.1% |
Malaysia | 0.7 | 0.7 | 0.8 | 0.7 | 0.0% |
Mauritius | 1.5 | 1.4 | 1.3 | 0.2 | -48.9% |
Others | 2.9 | 3.2 | 3.2 | 2.2 | -8.8% |
Total | 49.6 | 52.9 | 53.8 | 49.5 | -0.1% |
Top Export Markets for Iron or Steel Can from Thailand in 2022:
- Vietnam (107.2M units)
- Philippines (23.0M units)
- New Zealand (11.7M units)
- Fiji (11.0M units)
- Papua New Guinea (10.8M units)
- Sri Lanka (9.2M units)
- Japan (7.5M units)
- Indonesia (6.5M units)
- Maldives (5.7M units)
- Malaysia (3.2M units)
- Mauritius (1.0M units)
Imports of Iron or Steel Can in Thailand
In 2022, overseas purchases of iron or steel cans decreased by -17.4% to 79M units, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +5.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 42%. As a result, imports reached the peak of 97M units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, iron or steel can imports fell to $19M 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 throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 34%. Over the period under review, imports attained the maximum at $21M in 2021, and then contracted in the following year.
Import of Iron or Steel Can in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 8.6 | 13.3 | 13.3 | 10.7 | 7.6% |
China | 4.3 | 4.5 | 4.8 | 4.9 | 4.5% |
Malaysia | 0.8 | 1.3 | 2.2 | 1.3 | 17.6% |
Vietnam | N/A | N/A | N/A | 0.6 | 0% |
Others | 1.6 | 1.4 | 0.7 | 1.6 | 0.0% |
Total | 15.3 | 20.5 | 21.0 | 19.1 | 7.7% |
Top Suppliers of Iron or Steel Can to Thailand in 2022:
- Taiwan (Chinese) (47.8M units)
- China (22.6M units)
- Malaysia (5.0M units)
- Vietnam (1.5M units)
This report provides an in-depth analysis of the market for iron or steel can 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 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
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
-
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 iron or steel can in Thailand.
This report provides an in-depth analysis of the container market in Thailand.
This report provides an in-depth analysis of the global market for iron or steel can.
This report provides an in-depth analysis of the global container market.
This report provides an in-depth analysis of the market for iron or steel can in Thailand.
This report provides an in-depth analysis of the container market in Thailand.
This report provides an in-depth analysis of the global market for iron or steel can.
This report provides an in-depth analysis of the global container market.
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