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

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

In 2022, the Irish market for aluminium casks, drums, cans, boxes and similar containers increased by 16% to $X, rising for the fourth consecutive year after two years of decline. Over the period under review, consumption recorded a strong expansion. Consumption of peaked in 2022 and is likely to see gradual growth in years to come.

Production of Aluminium Casks, Drums, Cans, Boxes and Similar Containers in Ireland

In value terms, production of aluminium casks, drums, cans, boxes and similar containers totaled less than $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern.

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

Exports from Ireland

In 2022, overseas shipments of aluminium casks, drums, cans, boxes and similar containers increased by 128% to X units, rising for the second consecutive year after two years of decline. Overall, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of 639%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of aluminium casks, drums, cans, boxes and similar containers soared to $X in 2022. Over the period under review, exports continue to indicate a resilient increase. The growth pace was the most rapid in 2021 when exports increased by 100%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

The UK (X units) was the main destination for exports of aluminium casks, drums, cans, boxes and similar containers from Ireland, with a 94% share of total exports. It was followed by Belgium (X units), with a 2.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK amounted to +14.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+209.3% per year) and the United States (+5.0% per year).

From 2012 to 2022, the average annual growth rate of value to the UK amounted to +5.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+223.6% per year) and the United States (-3.8% 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, waning by -30.4% against the previous year. Overall, the export price continues to indicate a abrupt setback. The growth pace was the most rapid in 2015 an increase of 563% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2016 to 2022, the average export prices remained 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 ($X per unit), while the average price for exports to the UK ($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 Belgium (+4.5%), while the prices for the other major destinations experienced a decline.

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

Imports into Ireland

For the eighth year in a row, Ireland recorded growth in purchases abroad of aluminium casks, drums, cans, boxes and similar containers, which increased by 20% to X units in 2022. Overall, imports posted a resilient increase. The most prominent rate of growth was recorded in 2019 with an increase of 149%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of aluminium casks, drums, cans, boxes and similar containers surged to $X in 2022. Over the period under review, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 157%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, the UK (X units) constituted the largest aluminium cask, drum, can, box and similar container supplier to Ireland, accounting for a 73% share of total imports. Moreover, imports of aluminium casks, drums, cans, boxes and similar containers from the UK exceeded the figures recorded by the second-largest supplier, Germany (X units), sevenfold. Spain (X units) ranked third in terms of total imports with a 5.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the UK amounted to +18.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+29.2% per year) and Spain (+62.0% per year).

In value terms, the UK ($X) constituted the largest supplier of aluminium casks, drums, cans, boxes and similar containers to Ireland, comprising 71% of total imports. The second position in the ranking was taken by Germany ($X), with an 8.7% share of total imports. It was followed by Spain, with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the UK amounted to +23.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+24.4% per year) and Spain (+82.5% per year).

Import Prices by Country

The average import price for aluminium casks, drums, cans, boxes and similar containers stood at $X per unit in 2022, with an increase of 2.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.0%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 44% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices stood 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 China ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform