United Kingdom: Transport Container Market 2024

Transport Container Market Size in the UK

In 2022, the UK transport container market decreased by X% to $X, falling for the second year in a row after four years of growth. Overall, consumption showed significant growth. Transport container consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Transport Container Production in the UK

In value terms, transport container production dropped modestly to $X in 2022 estimated in export price. Overall, production, however, showed a deep slump. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Transport container production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Transport Container Exports

Exports from the UK

In 2022, shipments abroad of transport containers increased by X% to X units, rising for the second consecutive year after two years of decline. Overall, exports showed a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, transport container exports surged to $X in 2022. Over the period under review, exports posted a strong increase. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

The Netherlands (X units) was the main destination for transport container exports from the UK, with a X% share of total exports. Moreover, transport container exports to the Netherlands exceeded the volume sent to the second major destination, Canada (X units), threefold. The third position in this ranking was taken by France (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and France (X% per year).

In value terms, Canada ($X), the Netherlands ($X) and Italy ($X) constituted the largest markets for transport container exported from the UK worldwide, together accounting for X% of total exports. Spain, the United States, Germany, France, Sweden, Qatar, Ireland, Russia, Switzerland and Ghana lagged somewhat behind, together comprising a further X%.

Sweden, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average transport container export price amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the export price recorded a abrupt setback. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (X%), while the prices for the other major destinations experienced more modest paces of growth.

Transport Container Imports

Imports into the UK

In 2022, purchases abroad of transport containers increased by X% to X units, rising for the second consecutive year after two years of decline. Overall, imports enjoyed a strong increase. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Over the period under review, imports attained the peak figure at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, transport container imports surged to $X in 2022. Over the period under review, imports saw buoyant growth. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

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

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Thailand (X% per year).

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

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Japan (X% per year).

Import Prices by Country

The average transport container import price stood at $X per unit in 2022, declining by X% against the previous year. In general, the import price, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2021, and then declined sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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