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

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

The Australian market for aluminium casks, drums, cans, boxes and similar containers contracted to $X in 2022, dropping by -6.2% against the previous year. Overall, consumption continues to indicate a pronounced descent. Over the period under review, the market attained the peak level 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 Australia

In value terms, production of aluminium casks, drums, cans, boxes and similar containers shrank to $X in 2022 estimated in export price. Over the period under review, production saw a perceptible shrinkage. The pace of growth was the most pronounced in 2017 when the production volume increased by 80%. Production of peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

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

Exports from Australia

Exports of aluminium casks, drums, cans, boxes and similar containers from Australia fell markedly to X units in 2022, which is down by -83.3% against 2021 figures. Overall, exports faced a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 169% against the previous year. Over the period under review, the exports of hit record highs at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, exports of aluminium casks, drums, cans, boxes and similar containers reduced remarkably to $X in 2022. In general, exports faced a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 174%. As a result, the exports attained the peak of $X, and then fell markedly in the following year.

Exports by Country

New Zealand (X units) was the main destination for exports of aluminium casks, drums, cans, boxes and similar containers from Australia, accounting for a 70% share of total exports. Moreover, exports of aluminium casks, drums, cans, boxes and similar containers to New Zealand exceeded the volume sent to the second major destination, Thailand (X units), sixfold. The third position in this ranking was taken by Papua New Guinea (X units), with an 8.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to New Zealand stood at -13.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+49.6% per year) and Papua New Guinea (-20.8% per year).

In value terms, New Zealand ($X) remains the key foreign market for aluminium casks, drums, cans, boxes and similar containers exports from Australia, comprising 70% of total exports. The second position in the ranking was taken by Thailand ($X), with a 12% share of total exports. It was followed by Papua New Guinea, with an 8.4% share.

From 2012 to 2022, the average annual growth rate of value to New Zealand stood at -9.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+60.0% per year) and Papua New Guinea (-14.9% per year).

Export Prices by Country

The average export price for aluminium casks, drums, cans, boxes and similar containers stood at $X per unit in 2022, growing by 14% against the previous year. Over the period under review, the export price saw a moderate expansion. The pace of growth was the most pronounced in 2016 an increase of 64% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to New Zealand ($X per unit) and Germany ($X per unit), while the average price for exports to Singapore ($X per unit) and Thailand ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+15.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Australia

In 2022, supplies from abroad of aluminium casks, drums, cans, boxes and similar containers increased by 3.3% to X units, rising for the third consecutive year after two years of decline. Overall, imports showed notable growth. The pace of growth was the most pronounced in 2013 when imports increased by 74% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of aluminium casks, drums, cans, boxes and similar containers surged to $X in 2022. Over the period under review, imports showed buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 68%. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

New Zealand (X units), China (X units) and Austria (X units) were the main suppliers of imports of aluminium casks, drums, cans, boxes and similar containers to Australia, together comprising 68% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +44.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, New Zealand ($X), China ($X) and Austria ($X) were the largest aluminium cask, drum, can, box and similar container suppliers to Australia, with a combined 69% share of total imports.

Austria, with a CAGR of +48.7%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for aluminium casks, drums, cans, boxes and similar containers stood at $X per unit in 2022, increasing by 22% against the previous year. Over the period under review, the import price continues to indicate strong growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 47% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($X per unit) and New Zealand ($X per unit), while the price for the United States ($X per unit) and Italy ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform