China - Tanks, Casks, Drums, Cans, Boxes And Similar Containers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingContainer Export in China Plummets to $1.6B in 2023
China Container Exports
After five years of growth, shipments abroad of tanks, casks, drums, cans, boxes and similar containers decreased by -6.5% to 597M units in 2023. Over the period under review, exports, however, continue to indicate a prominent increase. The pace of growth was the most pronounced in 2022 with an increase of 48%. As a result, the exports reached the peak of 639M units, and then dropped in the following year.
In value terms, container exports shrank significantly to $1.6B (IndexBox estimates) in 2023. In general, total exports indicated pronounced growth from 2013 to 2023: its value increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 35% against the previous year. Over the period under review, the exports hit record highs at $2B in 2022, and then fell remarkably in the following year.
| COUNTRY | Export Value of Container in China (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| United States | 247 | 206 | 361 | 192 | 234 | 255 | 247 | 281 | 550 | 407 | 312 |
| Vietnam | 13.4 | 15.8 | 19.1 | 25.5 | 25.6 | 33.4 | 49.5 | 56.9 | 59.6 | 111 | 78.8 |
| United Kingdom | 60.2 | 52.9 | 62.8 | 49.6 | 50.6 | 53.9 | 83.9 | 62.7 | 88.6 | 83.3 | 69.9 |
| Hong Kong | 103 | 87.9 | 76.6 | 74.9 | 75.6 | 75.3 | 63.6 | 56.4 | 68.6 | 84.1 | 69.4 |
| Australia | 37.8 | 32.7 | 36.6 | 27.8 | 26.3 | 34.0 | 40.8 | 42.6 | 50.4 | 59.8 | 59.0 |
| Germany | 67.1 | 58.4 | 86.2 | 48.8 | 52.2 | 54.0 | 82.7 | 60.0 | 80.7 | 72.8 | 54.5 |
| Malaysia | 30.1 | 24.9 | 30.2 | 23.8 | 31.5 | 40.7 | 77.0 | 50.4 | 51.6 | 78.4 | 53.9 |
| Japan | 41.8 | 42.9 | 35.0 | 34.9 | 38.7 | 43.4 | 46.1 | 48.5 | 64.1 | 73.0 | 51.1 |
| Netherlands | 62.0 | 48.0 | 59.1 | 35.3 | 40.3 | 51.7 | 60.1 | 44.2 | 81.5 | 65.9 | 41.3 |
| Others | 555 | 581 | 537 | 420 | 517 | 602 | 727 | 677 | 773 | 931 | 795 |
| Total | 1,218 | 1,150 | 1,303 | 932 | 1,092 | 1,243 | 1,477 | 1,380 | 1,868 | 1,967 | 1,584 |
Exports by Country
the United States (132M units) was the main destination for container exports from China, with a 22% share of total exports. Moreover, container exports to the United States exceeded the volume sent to the second major destination, Hong Kong (32M units), fourfold. The third position in this ranking was taken by Vietnam (27M units), with a 4.6% share.
From 2013 to 2023, the average annual rate of growth in terms of volume to the United States totaled +13.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong (+0.8% per year) and Vietnam (+26.0% per year).
In value terms, the United States ($312M) remains the key foreign market for tanks, casks, drums, cans, boxes and similar containers exports from China, comprising 20% of total exports. The second position in the ranking was held by Vietnam ($79M), with a 5% share of total exports. It was followed by the UK, with a 4.4% share.
From 2013 to 2023, the average annual growth rate of value to the United States amounted to +2.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (+19.4% per year) and the UK (+1.5% per year).
Exports by Type
Tanks, casks, drums, cans, boxes and similar containers, for any material (excluding compressed or liquefied gas), of iron or steel, capacity not exceeding 300l, whether or not lined or heat-insulated (539M units) was the largest type of tanks, casks, drums, cans, boxes and similar containers exported from China, with a 90% share of total exports. Moreover, tanks, casks, drums, cans, boxes and similar containers, for any material (excluding compressed or liquefied gas), of iron or steel, capacity not exceeding 300l, whether or not lined or heat-insulated exceeded the volume of the second product type, aluminium casks, drums, cans, boxes etc (including rigid, collapsible tubular containers), for materials other than compressed, liquefied gas, 300l capacity or less, lined, heat-insulated or not (59M units), ninefold.
From 2013 to 2023, the average annual rate of growth in terms of the volume of tanks, casks, drums, cans, boxes and similar containers, for any material (excluding compressed or liquefied gas), of iron or steel, capacity not exceeding 300l, whether or not lined or heat-insulated exports amounted to +10.6%.
In value terms, tanks, casks, drums, cans, boxes and similar containers, for any material (excluding compressed or liquefied gas), of iron or steel, capacity not exceeding 300l, whether or not lined or heat-insulated ($1.2B) remains the largest type of tanks, casks, drums, cans, boxes and similar containers exported from China, comprising 79% of total exports. The second position in the ranking was taken by aluminium casks, drums, cans, boxes etc (including rigid, collapsible tubular containers), for materials other than compressed, liquefied gas, 300l capacity or less, lined, heat-insulated or not ($340M), with a 21% share of total exports.
From 2013 to 2023, the average annual rate of growth in terms of the value of tanks, casks, drums, cans, boxes and similar containers, for any material (excluding compressed or liquefied gas), of iron or steel, capacity not exceeding 300l, whether or not lined or heat-insulated exports stood at +2.0%.
Export Prices by Country
In 2023, the container price stood at $2.7 per unit (FOB, China), with a decrease of -13.8% against the previous year. Overall, the export price showed a abrupt downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by 18% against the previous year. Over the period under review, the average export prices reached the peak figure at $5.5 per unit in 2013; however, from 2014 to 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was the UK ($6.6 per unit), while the average price for exports to Qatar ($307 per thousand units) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+0.2%), while the prices for the other major destinations experienced a decline.
This report provides an in-depth analysis of the container market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25911100 - Tanks, casks, drums, cans... (excluding for gas) of iron or steel, . .50 l, . .300 l
- Prodcom 25911200 - Tanks, casks, drums... (excluding for gas) of iron or steel, < .50 l
- Prodcom 25921133 - Cans used for preserving food and drink of iron or steel, < .50 l, food cans
- Prodcom 25921135 - Cans used for preserving food and drink of iron or steel, < .50 l, drinks
- Prodcom 25921150 - Cans other than for preserving food and drink of iron or steel, < .50 l
- Prodcom 25921210 - Aluminium collapsible tubular containers of a capacity . .300 litres, for any material except compressed or liquefied gas
- Prodcom 25921240 - Casks, drums, cans, boxes and similar containers, of aluminium, for any material (other than compressed or liquefied gas), n.e.s. (other than collapsible tubular containers and containers for aerosols)
- Prodcom 25921260 - Aluminium aerosol containers, with a capacity . .300 litres
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
