Australia and Oceania: Container Market 2024

Container Market Size in Australia and Oceania

In 2022, the container market in Australia and Oceania increased by X% to $X, rising for the seventh consecutive year after two years of decline. The total consumption indicated a buoyant increase from 2012 to 2022: its value 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, consumption increased by X% against 2015 indices. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Container Production in Australia and Oceania

In value terms, container production totaled $X in 2022 estimated in export price. In general, production, however, recorded buoyant growth. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Container Exports

Exports in Australia and Oceania

In 2022, after two years of decline, there was significant growth in overseas shipments of tanks, casks, drums, cans, boxes and similar containers, when their volume increased by X% to X units. Total exports indicated a modest 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 most prominent rate of growth was recorded in 2017 when exports increased by X%. The volume of export peaked at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, container exports reached $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

In 2022, New Zealand (X units) was the major exporter of tanks, casks, drums, cans, boxes and similar containers, mixing up X% of total exports. It was distantly followed by Australia (X units), creating a X% share of total exports. The following exporters - Fiji (X units) and Papua New Guinea (X units) - each reached a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to 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%) and Fiji (X%) illustrated a downward trend over the same period. New Zealand (X p.p.) significantly strengthened its position in terms of the total exports, while Fiji and Australia saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest container supplying countries in Australia and Oceania were New Zealand ($X), Australia ($X) and Fiji ($X), with a combined X% share of total exports. Papua New Guinea lagged somewhat behind, accounting for a further X%.

Among the main exporting countries, Papua New Guinea, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per unit, declining by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit, and then declined 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 Fiji ($X per unit), while New Zealand ($X per unit) was amongst the lowest.

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

Container Imports

Imports in Australia and Oceania

In 2022, approx. X units of tanks, casks, drums, cans, boxes and similar containers were imported in Australia and Oceania; reducing by X% on 2021. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure at X units in 2016; afterwards, it flattened through to 2022.

In value terms, container imports totaled $X in 2022. Total imports indicated a noticeable increase from 2012 to 2022: its value 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 most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.

Imports by Country

Australia (X units) and Papua New Guinea (X units) represented roughly X% of total imports in 2022. It was distantly followed by New Zealand (X units) and Fiji (X units), together committing a X% share of total imports. The following importers - Solomon Islands (X units), New Caledonia (X units) and French Polynesia (X units) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Papua New Guinea (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest container importing markets in Australia and Oceania were Australia ($X), Papua New Guinea ($X) and New Zealand ($X), with a combined X% share of total imports. Fiji, French Polynesia, Solomon Islands and New Caledonia lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Solomon Islands, with a CAGR of X%, recorded 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, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2017 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

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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