Asia: Metal Gas Container Market 2020

Metal Gas Container Market Size in Asia

The revenue of the metal gas container market in Asia amounted to $X in 2017, surging by X% against the previous year. The metal gas container consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, when market value increased by X% year-to-year. Over the period under review, the metal gas container market reached its maximum level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Metal Gas Container Production in Asia

In 2017, approx. X units of metal containers for compressed or liquefied gas were produced in Asia; rising by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016, when the output figure increased by X% year-to-year. Over the period under review, the metal gas container production reached its maximum volume in 2017, and is likely to continue its growth in the near future.

Metal Gas Container Exports in Asia

In 2017, the amount of metal containers for compressed or liquefied gas exported in Asia stood at X units, waning by -X% against the previous year. The total exports indicated a remarkable growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2010, when exports increased by X% y-o-y. The volume of exports peaked of X units in 2016, and then declined slightly in the following year.

In value terms, metal gas container exports stood at $X in 2017. The total exports indicated a prominent increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metal gas container exports decreased by -X% against 2014 indices. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Metal Gas Container Exports by Country in Asia

China prevails in metal gas container exports structure, finishing at X units, which was near X% of total exports in 2017. It was distantly followed by Thailand (X units), India (X units), Turkey (X units) and South Korea (X units), together creating X% share of total exports. The Philippines (X units), the United Arab Emirates (X units) and Singapore (X units) took the minor share of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2017. At the same time, the Philippines (+X%), the United Arab Emirates (+X%), India (+X%), Turkey (+X%) and Thailand (+X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. By contrast, South Korea (-X%) and Singapore (-X%) illustrated a downward trend over the same period. While the share of South Korea (X%) increased significantly in terms of the global exports from 2007-2017, the share of Thailand (-X%), Turkey (-X%), the Philippines (-X%), India (-X%) and China (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest metal gas container supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global exports. It was followed by Turkey, with a X% share.

In China, metal gas container exports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: South Korea (-X% per year) and Turkey (+X% per year).

Metal Gas Container Export Prices by Country in Asia

The metal gas container export price in Asia stood at $X per thousand units in 2017, remaining relatively unchanged against the previous year. The metal gas container export price continues to indicate a mild decline. The most prominent rate of growth was recorded in 2008, when the export prices increased by X% y-o-y. Over the period under review, the export prices for metal containers for compressed or liquefied gas attained its maximum level of $X per thousand units in 2009; however, from 2010 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was South Korea ($X per thousand units), while the Philippines ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Singapore (+X% per year), while the other leaders experienced more modest paces of growth.

Metal Gas Container Imports in Asia

The imports stood at X units in 2017, approximately mirroring the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2015, when imports increased by X% against the previous year. In that year, the metal gas container imports reached their peak volume of X units. From 2016 to 2017, growth of the metal gas container imports failed to regain its momentum.

In value terms, metal gas container imports amounted to $X in 2017. The metal gas container imports continue to indicate a relatively flat trend pattern. Over the period under review, the metal gas container imports attained its maximum level of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Metal Gas Container Imports by Country in Asia

Bangladesh (X units) and South Korea (X units) represented roughly X% of total imports of metal containers for compressed or liquefied gas in 2017. It was followed by Thailand (X units), China (X units) and Sri Lanka (X units), together generating X% share of total imports. The following importers - Indonesia (X units), Qatar (X units), the Philippines (X units), Singapore (X units), the United Arab Emirates (X units), Taiwan, Chinese (X units) and Turkey (X units) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by the Philippines (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest metal gas container markets worldwide were South Korea ($X), Thailand ($X) and China ($X), with a combined X% share of total imports. These countries were followed by Singapore, the United Arab Emirates, Taiwan, Chinese, Turkey, Bangladesh, Indonesia, Sri Lanka, the Philippines and Qatar, which together accounted for a further X%.

Among the main importing countries , Sri Lanka (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Metal Gas Container Import Prices by Country in Asia

The metal gas container import price in Asia stood at $X per thousand units in 2017, rising by X% against the previous year. The metal gas container import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010, when the import prices increased by X% against the previous year. Over the period under review, the import prices for metal containers for compressed or liquefied gas attained its maximum level of $X per thousand units in 2013; however, from 2014 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was South Korea ($X per thousand units), while Bangladesh ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Singapore (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform