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

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

The Costa Rican market for aluminium casks, drums, cans, boxes and similar containers surged to $X in 2022, rising by 94% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a perceptible curtailment. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

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

Exports from Costa Rica

In 2022, exports of aluminium casks, drums, cans, boxes and similar containers from Costa Rica dropped remarkably to X units, declining by -16.6% on the previous year. Overall, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2017 when exports increased by 364%. The exports peaked at X units in 2021, and then shrank notably in the following year.

In value terms, exports of aluminium casks, drums, cans, boxes and similar containers shrank markedly to $X in 2022. In general, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2016 when exports increased by 489%. Over the period under review, the exports of reached the maximum at $X in 2021, and then fell remarkably in the following year.

Exports by Country

Brazil (X units), the United States (X units) and Barbados (X units) were the main destinations of exports of aluminium casks, drums, cans, boxes and similar containers from Costa Rica, with a combined 100% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of +39.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for aluminium cask, drum, can, box and similar container exported from Costa Rica were Brazil ($X), the United States ($X) and Barbados ($X), together comprising 100% of total exports.

Brazil, with a CAGR of +44.6%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for aluminium casks, drums, cans, boxes and similar containers amounted to $X per thousand units, reducing by -2% against the previous year. Overall, the export price saw a slight contraction. The pace of growth was the most pronounced in 2016 when the average export price increased by 61% against the previous year. The export price peaked at $X per thousand units in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per thousand units), while the average price for exports to Barbados ($X per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+4.2%), while the prices for the other major destinations experienced a decline.

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

Imports into Costa Rica

In 2022, the amount of aluminium casks, drums, cans, boxes and similar containers imported into Costa Rica soared to X units, with an increase of 28% compared with the year before. In general, imports, however, showed a relatively flat trend pattern. Imports peaked at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, imports of aluminium casks, drums, cans, boxes and similar containers expanded notably to $X in 2022. The total import value increased at an average annual rate of +3.5% over the period 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 2016 with an increase of 27% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Panama (X units) constituted the largest supplier of aluminium cask, drum, can, box and similar container to Costa Rica, accounting for a 65% share of total imports. Moreover, imports of aluminium casks, drums, cans, boxes and similar containers from Panama exceeded the figures recorded by the second-largest supplier, Mexico (X units), fivefold. Guatemala (X units) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from Panama amounted to -1.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+17.3% per year) and Guatemala (-6.0% per year).

In value terms, Panama ($X) constituted the largest supplier of aluminium casks, drums, cans, boxes and similar containers to Costa Rica, comprising 51% of total imports. The second position in the ranking was held by Mexico ($X), with an 18% share of total imports. It was followed by Brazil, with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Panama totaled +4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+18.9% per year) and Brazil (+12.7% 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, reducing by -11.5% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for aluminium casks, drums, cans, boxes and similar containers increased by +19.9% against 2020 indices. The growth pace was the most rapid in 2016 when the average import price increased by 55%. The import price peaked at $X per unit in 2021, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($X per unit), while the price for Panama ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform