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

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

In 2022, the GCC market for aluminium casks, drums, cans, boxes and similar containers decreased by -4.2% to $X, falling for the fourth year in a row after two years of growth. Overall, consumption enjoyed a strong expansion. Over the period under review, the market reached 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 GCC

In value terms, production of aluminium casks, drums, cans, boxes and similar containers fell slightly to $X in 2022 estimated in export price. Over the period under review, production, however, saw strong growth. The pace of growth appeared the most rapid in 2018 when the production volume increased by 63% against the previous year. The level of production peaked at $X in 2019; afterwards, it flattened through to 2022.

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

Exports in GCC

In 2022, shipments abroad of aluminium casks, drums, cans, boxes and similar containers decreased by -14.5% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2015 with an increase of 50%. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of aluminium casks, drums, cans, boxes and similar containers shrank dramatically to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 66%. As a result, the exports reached the peak of $X, and then fell dramatically in the following year.

Exports by Country

Saudi Arabia (X units) and the United Arab Emirates (X units) dominates containers structure, together mixing up 97% of total exports. Kuwait (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Kuwait (with a CAGR of +28.0%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Saudi Arabia ($X), the United Arab Emirates ($X) and Kuwait ($X) constituted the countries with the highest levels of exports in 2022, together comprising 100% of total exports.

Kuwait, with a CAGR of +31.6%, recorded 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 mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in GCC amounted to $X per unit, which is down by -6.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2021 when the export price increased by 19%. As a result, the export price attained the peak level of $X per unit, and then reduced in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while Kuwait ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (+2.9%), while the other leaders experienced more modest paces of growth.

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

Imports in GCC

For the fifth consecutive year, GCC recorded decline in purchases abroad of aluminium casks, drums, cans, boxes and similar containers, which decreased by -6.3% to X units in 2022. Over the period under review, imports continue to indicate a noticeable downturn. The pace of growth appeared the most rapid in 2017 with an increase of 94% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of aluminium casks, drums, cans, boxes and similar containers fell to $X in 2022. In general, imports continue to indicate a noticeable slump. The most prominent rate of growth was recorded in 2014 with an increase of 8.8% against the previous year. Over the period under review, imports of reached the maximum at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates was the key importing country with an import of about X units, which finished at 51% of total imports. It was distantly followed by Oman (X units), Bahrain (X units) and Kuwait (X units), together creating a 47% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Oman (with a CAGR of -1.4%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported aluminium casks, drums, cans, boxes and similar containers in GCC, comprising 47% of total imports. The second position in the ranking was taken by Oman ($X), with an 18% share of total imports. It was followed by Bahrain, with an 11% share.

In the United Arab Emirates, imports of aluminium casks, drums, cans, boxes and similar containers plunged by an average annual rate of -2.9% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Oman (-1.4% per year) and Bahrain (-2.3% per year).

Import Prices by Country

The import price in GCC stood at $X per unit in 2022, growing by 3.4% against the previous year. In general, the import price, however, continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2020 an increase of 25% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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 Bahrain ($X per unit), while Oman ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (+5.6%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform