Eastern Asia: Metal Gas Container Market 2020

Metal Gas Container Market Size in Eastern Asia

The revenue of the metal gas container market in Eastern Asia amounted to $X in 2017, jumping by X% against the previous year. The metal gas container consumption continues to indicate a modest growth. The pace of growth appeared the most rapid in 2011, when market value increased by X% year-to-year. Over the period under review, the metal gas container market attained its maximum level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Metal Gas Container Production in Eastern Asia

In 2017, the amount of metal containers for compressed or liquefied gas produced in Eastern Asia stood at X units, rising by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations over the period under review. The pace of growth was the most pronounced in 2010, with an increase of X% year-to-year. The volume of metal gas container production peaked in 2017, and is likely to continue its growth in the near future.

Metal Gas Container Exports in Eastern Asia

In 2017, approx. X units of metal containers for compressed or liquefied gas were exported in Eastern Asia; going up by X% against the previous year. The total exports indicated a prominent expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2010, with an increase of X% year-to-year. The volume of exports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, metal gas container exports amounted to $X in 2017. The total exports indicated a remarkable increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metal gas container exports decreased by -X% against 2014 indices. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Metal Gas Container Exports by Country in Eastern Asia

China was the major exporter of metal containers for compressed or liquefied gas in Eastern Asia, with the volume of exports recording X units, which was approx. X% of total exports in 2017. It was distantly followed by South Korea (X units), generating X% share of total exports. The following exporters - Japan (X units) and China, Hong Kong SAR (X units) together made up X% of total exports.

China was also the fastest growing in terms of the metal containers for compressed or liquefied gas exports, with a CAGR of +X% from 2007 to 2017. At the same time, China, Hong Kong SAR (+X%) displayed positive paces of growth. By contrast, South Korea (-X%) and Japan (-X%) illustrated a downward trend over the same period. While the share of South Korea (X%) increased significantly in terms of the global exports from 2007-2017, the share of China (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest metal gas container supplier in Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global exports. It was followed by Japan, with a X% share.

From 2007 to 2017, the average annual growth rate of value in China totaled +X%. In the other countries, the average annual rates were as follows: South Korea (-X% per year) and Japan (-X% per year).

Metal Gas Container Export Prices by Country in Eastern Asia

The metal gas container export price in Eastern Asia stood at $X per thousand units in 2017, stabilizing at the previous year. The metal gas container export price continues to indicate a mild decrease. The growth pace was the most rapid in 2008, when the export prices increased by X% y-o-y. In that year, the export prices for metal containers for compressed or liquefied gas attained their peak level of $X per thousand units. From 2009 to 2017, growth of the export prices for metal containers for compressed or liquefied gas stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was South Korea ($X per thousand units), while China, Hong Kong SAR ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by South Korea (+X% per year), while the other leaders experienced a decline in the export price figures.

Metal Gas Container Imports in Eastern Asia

In 2017, approx. X units of metal containers for compressed or liquefied gas were imported in Eastern Asia; picking up by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2011, when it surged by X% against the previous year. The volume of imports peaked of X units in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, metal gas container imports totaled $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The level of imports peaked of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Metal Gas Container Imports by Country in Eastern Asia

South Korea represented the largest importer of metal containers for compressed or liquefied gas in Eastern Asia, with the volume of imports recording X units, which was near X% of total imports in 2017. China (X units) occupied a X% share (based on tons) of total imports, which put it in second place, followed by Taiwan, Chinese (X%) and Japan (X%). China, Hong Kong SAR (X units) followed a long way behind the leaders.

South Korea was also the fastest growing in terms of the metal containers for compressed or liquefied gas imports, with a CAGR of +X% from 2007 to 2017. At the same time, China, Hong Kong SAR (+X%) and Taiwan, Chinese (+X%) displayed positive paces of growth. China experienced a relatively flat trend pattern. By contrast, Japan (-X%) illustrated a downward trend over the same period. While the share of Japan (X%) and China (X%) increased significantly in terms of the global imports from 2007-2017, the share of Taiwan, Chinese (-X%) and South Korea (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Korea ($X) constitutes the largest market for imported metal containers for compressed or liquefied gas in Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by China ($X), with a X% share of global imports. It was followed by Japan, with a X% share.

In South Korea, metal gas container imports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: China (+X% per year) and Japan (-X% per year).

Metal Gas Container Import Prices by Country in Eastern Asia

In 2017, the metal gas container import price in Eastern Asia amounted to $X per thousand units, growing by X% against the previous year. The metal gas container import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010, an increase of X% y-o-y. In that year, the import prices for metal containers for compressed or liquefied gas attained their peak level of $X per thousand units. From 2011 to 2017, growth of the import prices for metal containers for compressed or liquefied gas failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Japan ($X per thousand units), while China, Hong Kong SAR ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Japan (+X% per year), while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform