Australia and Oceania: Market for Aluminium Casks, Drums, Cans, Boxes and Similar Containers 2024

Market Size for Aluminium Casks, Drums, Cans, Boxes and Similar Containers in Australia and Oceania

The market for aluminium casks, drums, cans, boxes and similar containers in Australia and Oceania rose notably to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption posted a prominent expansion. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Aluminium Casks, Drums, Cans, Boxes and Similar Containers in Australia and Oceania

In value terms, production of aluminium casks, drums, cans, boxes and similar containers rose notably to $X in 2022 estimated in export price. In general, production showed a strong increase. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Over the period under review, production of reached the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Exports of Aluminium Casks, Drums, Cans, Boxes and Similar Containers

Exports in Australia and Oceania

In 2022, overseas shipments of aluminium casks, drums, cans, boxes and similar containers were finally on the rise to reach X units after two years of decline. Total exports indicated a pronounced expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports of attained the peak figure at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, exports of aluminium casks, drums, cans, boxes and similar containers reduced rapidly to $X in 2022. In general, exports showed a perceptible increase. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then shrank remarkably in the following year.

Exports by Country

New Zealand prevails in containers structure, accounting for X units, which was approx. X% of total exports in 2022. It was distantly followed by Australia (X units), comprising a X% share of total exports. Papua New Guinea (X units) held a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to aluminium cask, drum, can, box and similar container exports from New Zealand stood at X%. At the same time, Papua New Guinea (X%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of X% from 2012-2022. By contrast, Australia (X%) illustrated a downward trend over the same period. While the share of New Zealand (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Australia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, New Zealand ($X) remains the largest aluminium cask, drum, can, box and similar container supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by Australia ($X), with a X% share of total exports.

In New Zealand, exports of aluminium casks, drums, cans, boxes and similar containers increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Australia (X% per year) and Papua New Guinea (X% per year).

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2022, shrinking by X% against the previous year. Export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for aluminium casks, drums, cans, boxes and similar containers increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit, and then contracted sharply in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per unit), while Papua New Guinea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%), while the other leaders experienced more modest paces of growth.

Imports of Aluminium Casks, Drums, Cans, Boxes and Similar Containers

Imports in Australia and Oceania

In 2022, imports of aluminium casks, drums, cans, boxes and similar containers in Australia and Oceania reduced modestly to X units, with a decrease of X% on the previous year. Total imports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports attained the peak of X units, and then declined in the following year.

In value terms, imports of aluminium casks, drums, cans, boxes and similar containers reduced modestly to $X in 2022. Over the period under review, imports, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then contracted in the following year.

Imports by Country

Papua New Guinea (X units) and Australia (X units) prevails in containers structure, together achieving X% of total imports. New Zealand (X units) took the next position in the ranking, followed by New Caledonia (X units). All these countries together held approx. X% share of total imports. French Polynesia (X units) and Solomon Islands (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Papua New Guinea (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Papua New Guinea ($X) and New Zealand ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

In terms of the main importing countries, Papua New Guinea, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per unit, approximately equating the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit, and then dropped slightly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was New Zealand ($X per unit), while New Caledonia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by French Polynesia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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