U.S.: Transport Container Market 2024

Transport Container Market Size in the U.S.

The U.S. transport container market contracted to $X in 2022, stabilizing at the previous year. Over the period under review, consumption saw a mild increase. As a result, consumption reached the peak level of $X, leveling off in the following year.

Transport Container Production in the U.S.

In value terms, transport container production reduced to $X in 2022. In general, production, however, showed a slight descent. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

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Transport Container Exports

Exports from the U.S.

In 2022, the amount of transport containers exported from the United States soared to X units, picking up by X% compared with the previous year's figure. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, transport container exports shrank modestly to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 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 2014 with an increase of X%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

South Korea (X units), Bermuda (X units) and Canada (X units) were the main destinations of transport container exports from the United States, together accounting for X% of total exports.

From 2020 to 2022, the biggest increases were recorded for Bermuda (with a CAGR of X.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X) remains the key foreign market for transport containers exports from the United States, comprising X% of total exports. The second position in the ranking was held by Japan ($X), with an X% share of total exports. It was followed by South Korea, with a X% share.

From 2020 to 2022, the average annual growth rate of value to Canada stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and South Korea (X% per year).

Export Prices by Country

In 2022, the average transport container export price amounted to $X per unit, waning by X% against the previous year. Overall, the export price showed a sharp reduction. The most prominent rate of growth was recorded in 2021 when the average export price decreased by X% against the previous year. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per unit), while the average price for exports to Bermuda ($X per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Transport Container Imports

Imports into the U.S.

For the eleventh year in a row, the United States recorded growth in supplies from abroad of transport containers, which increased by X% to X units in 2022. In general, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, transport container imports skyrocketed to $X in 2022. Overall, imports saw a buoyant expansion. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest transport container supplier to the United States, with a X% share of total imports. Moreover, transport container imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), sevenfold. France (X units) ranked third in terms of total imports with a X% share.

From 2020 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and France (X% per year).

In value terms, China ($X) constituted the largest supplier of transport containers to the United States, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2020 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Germany (X% per year).

Import Prices by Country

The average transport container import price stood at $X per unit in 2022, growing by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per unit in 2020; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for Slovenia ($X per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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