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

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

In 2022, the ASEAN market for aluminium casks, drums, cans, boxes and similar containers increased by 2.8% to $X, rising for the second year in a row after two years of decline. The total consumption indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +9.0% against 2020 indices. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

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

In value terms, production of aluminium casks, drums, cans, boxes and similar containers declined slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 when the production volume increased by 22% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production of growth failed to regain momentum.

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

Exports in ASEAN

For the fourth consecutive year, ASEAN recorded growth in shipments abroad of aluminium casks, drums, cans, boxes and similar containers, which increased by 9.5% to X units in 2022. The total export volume increased at an average annual rate of +2.2% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of 18%. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, exports of aluminium casks, drums, cans, boxes and similar containers skyrocketed to $X in 2022. The total export value increased at an average annual rate of +2.9% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The shipments of the three major exporters of aluminium casks, drums, cans, boxes and similar containers, namely Vietnam, Thailand and Indonesia, represented more than two-thirds of total export. Singapore (X units) ranks next in terms of the total exports with a 12% share, followed by Malaysia (11%). Myanmar (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +11.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Thailand ($X) and Indonesia ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined 71% share of total exports. Singapore, Malaysia and Myanmar lagged somewhat behind, together accounting for a further 27%.

Myanmar, with a CAGR of +79.8%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in ASEAN stood at $X per unit in 2022, picking up by 8.4% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the export price increased by 14%. The level of export peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (+76.9%), while the other leaders experienced more modest paces of growth.

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

Imports in ASEAN

In 2022, overseas purchases of aluminium casks, drums, cans, boxes and similar containers increased by 8.4% to X units, rising for the second year in a row after four years of decline. In general, imports, however, recorded a slight reduction. The most prominent rate of growth was recorded in 2016 with an increase of 19% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of aluminium casks, drums, cans, boxes and similar containers expanded significantly to $X in 2022. Overall, imports recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Cambodia (X units) and Thailand (X units) were the key importers of aluminium casks, drums, cans, boxes and similar containers in ASEAN, together mixing up 53% of total imports. Vietnam (X units) took a 13% share (based on physical terms) of total imports, which put it in second place, followed by Malaysia (8.9%), Singapore (8.3%) and Indonesia (5.5%). The Philippines (X units) held a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Cambodia (with a CAGR of +15.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Cambodia ($X), Thailand ($X) and Vietnam ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 64% share of total imports.

Among the main importing countries, Cambodia, with a CAGR of +21.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per unit, with an increase of 5.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The growth pace was the most rapid in 2018 an increase of 7.8%. Over the period under review, import prices attained the maximum in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cambodia (+5.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform