Angola: Market for Aluminium Casks, Drums, Cans, Boxes and Similar Containers 2025

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

In 2022, after three years of decline, there was significant growth in the Angolan market for aluminium casks, drums, cans, boxes and similar containers, when its value increased by 25% to $X. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

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

Exports from Angola

In 2022, overseas shipments of aluminium casks, drums, cans, boxes and similar containers were finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 1,805%. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of aluminium casks, drums, cans, boxes and similar containers soared to $X in 2022. Overall, exports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2016 when exports increased by 2,305% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

India (X units) was the main destination for exports of aluminium casks, drums, cans, boxes and similar containers from Angola, with a 56% share of total exports. Moreover, exports of aluminium casks, drums, cans, boxes and similar containers to India exceeded the volume sent to the second major destination, Democratic Republic of the Congo (X units), twofold. Congo (X units) ranked third in terms of total exports with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to India totaled +15.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (+38.0% per year) and Congo (-14.9% per year).

In value terms, India ($X) remains the key foreign market for aluminium casks, drums, cans, boxes and similar containers exports from Angola, comprising 63% of total exports. The second position in the ranking was held by Congo ($X), with a 14% share of total exports. It was followed by Democratic Republic of the Congo, with a 13% share.

From 2012 to 2022, the average annual growth rate of value to India totaled +9.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Congo (-19.4% per year) and Democratic Republic of the Congo (+30.4% per year).

Export Prices by Country

In 2022, the average export price for aluminium casks, drums, cans, boxes and similar containers amounted to $X per unit, waning by -39.4% against the previous year. In general, the export price continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2020 an increase of 47%. Over the period under review, the average export prices hit record highs at $X per unit in 2017; however, from 2018 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 Congo ($X per unit), while the average price for exports to Democratic Republic of the Congo (less than $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 Congo (-5.3%), while the prices for the other major destinations experienced a decline.

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

Imports into Angola

In 2022, supplies from abroad of aluminium casks, drums, cans, boxes and similar containers increased by 31% to X units, rising for the second year in a row after two years of decline. In general, imports, however, recorded a mild shrinkage. The most prominent rate of growth was recorded in 2017 when imports increased by 593% against the previous year. Over the period under review, imports of hit record highs at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, imports of aluminium casks, drums, cans, boxes and similar containers surged to $X in 2022. Over the period under review, imports continue to indicate a slight increase. The most prominent rate of growth was recorded in 2017 when imports increased by 656% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Turkey (X units), India (X units) and the United Arab Emirates (X units) were the main suppliers of imports of aluminium casks, drums, cans, boxes and similar containers to Angola, together comprising 58% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +78.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X) constituted the largest supplier of aluminium casks, drums, cans, boxes and similar containers to Angola, comprising 47% of total imports. The second position in the ranking was taken by Turkey ($X), with an 18% share of total imports. It was followed by the United Arab Emirates, with a 9.3% share.

From 2012 to 2022, the average annual growth rate of value from India amounted to +67.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+91.9% per year) and the United Arab Emirates (+42.8% per year).

Import Prices by Country

In 2022, the average import price for aluminium casks, drums, cans, boxes and similar containers amounted to $X per unit, falling by -7.4% against the previous year. In general, the import price, however, posted pronounced growth. The pace of growth appeared the most rapid in 2019 an increase of 192% against the previous year. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 India ($X per unit), while the price for South Africa (less than $X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform