Overview of the Global Market for Aluminium Casks, Drums, Cans, Boxes and Similar Containers

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

The global market for aluminium casks, drums, cans, boxes and similar containers was estimated at $X in 2023, approximately mirroring the previous year. Overall, the total consumption indicated a strong increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. Global consumption peaked at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

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

In value terms, production of aluminium casks, drums, cans, boxes and similar containers expanded to $X in 2023 estimated in export price. Over the period under review, the total production indicated resilient growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The growth pace was the most rapid in 2018 when the production volume increased by X%. Over the period under review, global production of attained the maximum level at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

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

Exports

In 2023, shipments abroad of aluminium casks, drums, cans, boxes and similar containers decreased by X% to X units, falling for the second year in a row after two years of growth. Over the period under review, total exports indicated temperate growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the global exports of reached the maximum at X units in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of aluminium casks, drums, cans, boxes and similar containers expanded modestly to $X in 2023. Overall, total exports indicated tangible growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the global exports of attained the peak figure in 2023 and are expected to retain growth in the near future.

Exports by Country

The United States (X units), Germany (X units) and the Netherlands (X units) represented roughly X% of total exports in 2023. The Czech Republic (X units) ranks next in terms of the total exports with a X% share, followed by France (X%) and China (X%). The following exporters - Russia (X units), Saudi Arabia (X units), Poland (X units), Spain (X units), Switzerland (X units), Denmark (X units) and the United Arab Emirates (X units) - together made up X% of total exports.

From 2012 to 2023, the biggest increases were recorded for Russia (with a CAGR of X%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of exports in 2023, together comprising X% of global exports. The Czech Republic, France, China, Switzerland, Spain, Saudi Arabia, Poland, Denmark, the United Arab Emirates and Russia lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Russia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average export price for aluminium casks, drums, cans, boxes and similar containers amounted to $X per unit, growing by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while Russia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other global leaders experienced more modest paces of growth.

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

Imports

In 2023, overseas purchases of aluminium casks, drums, cans, boxes and similar containers decreased by X% to X units, falling for the second year in a row after five years of growth. Over the period under review, total imports indicated a noticeable expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2022 to 2023, the growth of global imports of remained at a somewhat lower figure.

In value terms, imports of aluminium casks, drums, cans, boxes and similar containers contracted slightly to $X in 2023. Overall, total imports indicated a perceptible expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Global imports peaked at $X in 2022, and then shrank in the following year.

Imports by Country

The purchases of the twelve major importers of aluminium casks, drums, cans, boxes and similar containers, namely the United States, Canada, the Netherlands, Germany, Belgium, France, Austria, the UK, Italy, Poland, Spain and Hungary, represented more than half of total import. Switzerland (X units) took a minor share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the United States (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest aluminium cask, drum, can, box and similar container importing markets worldwide were Canada ($X), the Netherlands ($X) and France ($X), with a combined X% share of global imports. Germany, the United States, the UK, Belgium, Austria, Italy, Poland, Switzerland, Hungary and Spain lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Italy, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for aluminium casks, drums, cans, boxes and similar containers stood at $X per unit in 2023, with an increase of X% against the previous year. In general, the import price saw a mild increase. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2023 and is expected to retain growth in the immediate term.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the UK (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform