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

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

The MERCOSUR market for aluminium casks, drums, cans, boxes and similar containers fell to $X in 2022, with a decrease of X% against the previous year. In general, consumption, however, posted buoyant growth. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, production of aluminium casks, drums, cans, boxes and similar containers dropped to $X in 2022 estimated in export price. In general, production, however, continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. Over the period under review, production of hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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

Exports in MERCOSUR

In 2022, approx. X units of aluminium casks, drums, cans, boxes and similar containers were exported in MERCOSUR; with an increase of X% against 2021. Overall, exports continue to indicate a prominent expansion. The growth pace was the most rapid in 2018 when exports increased by X%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of aluminium casks, drums, cans, boxes and similar containers soared to $X in 2022. In general, exports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Brazil was the main exporter of aluminium casks, drums, cans, boxes and similar containers in MERCOSUR, with the volume of exports reaching X units, which was near X% of total exports in 2022. Chile (X units) took the second position in the ranking, distantly followed by Paraguay (X units) and Colombia (X units). All these countries together took near X% share of total exports. Argentina (X units) took a little 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 Brazil stood at X%. At the same time, Paraguay (X%), Colombia (X%) and Chile (X%) displayed positive paces of growth. Moreover, Paraguay emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. Argentina experienced a relatively flat trend pattern. From 2012 to 2022, the share of Brazil, Paraguay and Colombia increased by X, X and X percentage points, respectively.

In value terms, Brazil ($X) remains the largest aluminium cask, drum, can, box and similar container supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Chile ($X), with a X% share of total exports. It was followed by Paraguay, with an X% share.

In Brazil, exports of aluminium casks, drums, cans, boxes and similar containers expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Chile (X% per year) and Paraguay (X% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2022, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Colombia ($X per unit), while Paraguay ($X per unit) was amongst the lowest.

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

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

Imports in MERCOSUR

After two years of growth, supplies from abroad of aluminium casks, drums, cans, boxes and similar containers decreased by X% to X units in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by X%. As a result, imports reached the peak of X units; afterwards, it flattened through to 2022.

In value terms, imports of aluminium casks, drums, cans, boxes and similar containers expanded remarkably to $X in 2022. In general, imports, however, saw resilient growth. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Argentina was the major importer of aluminium casks, drums, cans, boxes and similar containers in MERCOSUR, with the volume of imports accounting for X units, which was approx. X% of total imports in 2022. Peru (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Ecuador (X%), Chile (X%), Paraguay (X%), Colombia (X%) and Brazil (X%).

Argentina was also the fastest-growing in terms of the aluminium casks, drums, cans, boxes and similar containers imports, with a CAGR of X% from 2012 to 2022. At the same time, Ecuador (X%), Peru (X%) and Brazil (X%) displayed positive paces of growth. Colombia and Paraguay experienced a relatively flat trend pattern. By contrast, Chile (X%) illustrated a downward trend over the same period. Argentina (X p.p.), Peru (X p.p.) and Ecuador (X p.p.) significantly strengthened its position in terms of the total imports, while Chile saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Argentina ($X), Peru ($X) and Chile ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Ecuador, Brazil, Colombia and Paraguay lagged somewhat behind, together accounting for a further X%.

Ecuador, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MERCOSUR stood at $X per unit in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the near future.

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

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

Source: IndexBox Platform

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