India: Transport Container Market 2025

Transport Container Market Size in India

The Indian transport container market expanded significantly to $X in 2022, growing by 7.3% against the previous year. Over the period under review, the total consumption indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -5.8% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Transport Container Production in India

In value terms, transport container production expanded markedly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.7% 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 2020 with an increase of 35% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Transport Container Exports

Exports from India

In 2022, overseas shipments of transport containers increased by 68% to X units, rising for the second year in a row after three years of decline. Over the period under review, exports recorded a strong expansion. The pace of growth was the most pronounced in 2017 with an increase of 142% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, transport container exports skyrocketed to $X in 2022. Overall, exports showed a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 81%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Indonesia (X units), Thailand (X units) and Canada (X units) were the main destinations of transport container exports from India, with a combined 41% share of total exports. Sweden, Saudi Arabia, the United States, Malaysia, South Korea, the United Arab Emirates, France, China and Singapore lagged somewhat behind, together comprising a further 44%.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of +126.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X) remains the key foreign market for transport containers exports from India, comprising 48% of total exports. The second position in the ranking was taken by Indonesia ($X), with a 7.1% share of total exports. It was followed by the United States, with a 5.7% share.

From 2012 to 2022, the average annual growth rate of value to Sweden totaled +225.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (+30.5% per year) and the United States (+25.0% per year).

Export Prices by Country

In 2022, the average transport container export price amounted to $X per unit, waning by -11.1% against the previous year. In general, the export price, however, posted a mild increase. The pace of growth appeared the most rapid in 2020 an increase of 113% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per unit), while the average price for exports to Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+44.3%), while the prices for the other major destinations experienced more modest paces of growth.

Transport Container Imports

Imports into India

In 2022, imports of transport containers into India skyrocketed to X units, surging by 53% against 2021 figures. Over the period under review, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 689%. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, transport container imports soared to $X in 2022. Overall, imports showed a strong increase. The pace of growth was the most pronounced in 2018 with an increase of 53%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

China (X units), Singapore (X units) and South Korea (X units) were the main suppliers of transport container imports to India, with a combined 60% share of total imports. Russia, the United States, Vietnam, Cote d'Ivoire, Japan, the United Arab Emirates, Belgium and Germany lagged somewhat behind, together accounting for a further 30%.

From 2012 to 2022, the biggest increases were recorded for Cote d'Ivoire (with a CAGR of +5,926.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of transport containers to India, comprising 47% of total imports. The second position in the ranking was held by the United States ($X), with an 11% share of total imports. It was followed by Singapore, with a 6.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +12.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+38.7% per year) and Singapore (+41.0% per year).

Import Prices by Country

In 2022, the average transport container import price amounted to $X per unit, which is down by -7.2% against the previous year. In general, the import price recorded a pronounced downturn. The growth pace was the most rapid in 2018 an increase of 786%. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for Cote d'Ivoire ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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