United Kingdom - Vacuum Vessels - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVacuum Flask and Vessel Price in UK Increases Rapidly to $7.7 per Unit
United Kingdom Vacuum Flask and Vessel Import Price in March 2023
In March 2023, the vacuum flask and vessel price amounted to $7.7 per unit (CIF, United Kingdom), surging by 27% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 38% month-to-month. Over the period under review, average import prices attained the peak figure in March 2023.
There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was the United States ($24.0 per unit), while the price for China stood at $6.9 per unit.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by the United States (+1.6%).
| COUNTRY | Import Price of Vacuum Flask and Vessel in United Kingdom (USD per unit) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | |
| United States | 19.9 | 19.1 | 7.7 | 18.1 | 19.6 | 19.8 | 21.4 | 18.7 | 26.8 | 20.6 | 22.6 | 15.4 | 24.0 |
| China | 5.9 | 5.6 | 6.1 | 6.6 | 5.2 | 6.8 | 5.4 | 5.9 | 6.0 | 6.8 | 5.8 | 5.7 | 6.9 |
| Average | 6.6 | 7.0 | 5.8 | 6.9 | 5.5 | 7.6 | 5.6 | 6.0 | 6.4 | 7.0 | 6.1 | 6.1 | 7.7 |
United Kingdom Vacuum Flask and Vessel Imports
In March 2023, after two months of growth, there was significant decline in overseas purchases of vacuum flasks and vessels, when their volume decreased by -44.1% to 684K units. In general, imports showed a pronounced slump. The most prominent rate of growth was recorded in September 2022 with an increase of 61% m-o-m. Over the period under review, imports reached the peak figure at 1.7M units in November 2022; however, from December 2022 to March 2023, imports failed to regain momentum.
In value terms, vacuum flask and vessel imports fell rapidly to $5.3M (IndexBox estimates) in March 2023. Overall, imports saw a perceptible shrinkage. The most prominent rate of growth was recorded in June 2022 with an increase of 44% month-to-month. Over the period under review, imports attained the maximum at 11M units in November 2022; however, from December 2022 to March 2023, imports failed to regain momentum.
United Kingdom Vacuum Flask and Vessel Imports by Country
In March 2023, China (643K units) was the main supplier of vacuum flasks and vessels to the UK, with a 94% share of total imports. Moreover, imports from China exceeded the figures recorded by the second-largest supplier, the United States (32K units), more than tenfold.
From March 2022 to March 2023, the average monthly growth rate of volume from China amounted to -3.6%.
In value terms, China ($4.4M) constituted the largest supplier of vacuum flasks and vessels to the UK, comprising 84% of total imports. The second position in the ranking was taken by the United States ($758K), with a 14% share of total imports.
From March 2022 to March 2023, the average monthly rate of growth in terms of value from China totaled -2.2%.
This report provides an in-depth analysis of the vacuum vessel market in the UK. 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 32995960 - Vacuum flasks and other vacuum vessels, complete with cases, and parts thereof (excluding separate glass inners)
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- 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 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
