Italy: Market for Aluminium Casks, Drums, Cans, Boxes and Similar Containers 2024

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

In 2023, the Italian market for aluminium casks, drums, cans, boxes and similar containers decreased by X% to $X for the first time since 2018, thus ending a four-year rising trend. Overall, consumption, however, posted a remarkable increase. As a result, consumption reached the peak level of $X, and then dropped in the following year.

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

In value terms, production of aluminium casks, drums, cans, boxes and similar containers reduced markedly to $X in 2023 estimated in export price. Overall, production, however, saw buoyant growth. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. As a result, production attained the peak level of $X, and then reduced sharply in the following year.

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

Exports from Italy

In 2023, after two years of growth, there was decline in overseas shipments of aluminium casks, drums, cans, boxes and similar containers, when their volume decreased by X% to X units. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports of attained the maximum at X units in 2016; however, from 2017 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of aluminium casks, drums, cans, boxes and similar containers expanded markedly to $X in 2023. Overall, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units), Romania (X units) and Greece (X units) were the main destinations of exports of aluminium casks, drums, cans, boxes and similar containers from Italy, with a combined X% share of total exports. France, Germany, Spain, Cyprus, the UK, Poland, Serbia, Canada, the Netherlands and Turkey lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for Cyprus (with a CAGR of X%), 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 Italy were the United States ($X), France ($X) and Greece ($X), together comprising X% of total exports. Germany, Spain, Romania, the UK, Cyprus, the Netherlands, Turkey, Poland, Serbia and Canada lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Cyprus, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for aluminium casks, drums, cans, boxes and similar containers stood at $X per unit in 2023, picking up by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The export price peaked at $X per unit in 2013; however, from 2014 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Romania ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%), 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 Italy

In 2023, approx. X units of aluminium casks, drums, cans, boxes and similar containers were imported into Italy; surging by X% on the year before. Overall, total imports indicated prominent growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The growth pace was the most rapid in 2013 with an increase of X%. Imports peaked at X units in 2021; afterwards, it flattened through to 2023.

In value terms, imports of aluminium casks, drums, cans, boxes and similar containers surged to $X in 2023. Over the period under review, imports recorded a prominent increase. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports of attained the peak figure in 2023 and are likely to continue growth in years to come.

Imports by Country

Germany (X units), France (X units) and the Czech Republic (X units) were the main suppliers of imports of aluminium casks, drums, cans, boxes and similar containers to Italy, with a combined X% share of total imports. The Netherlands, Spain, Austria, Slovenia, the UK, Greece, Turkey, Poland and Belgium lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovenia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the Czech Republic ($X) appeared to be the largest aluminium cask, drum, can, box and similar container suppliers to Italy, with a combined X% share of total imports. The Netherlands, Spain, Austria, the UK, Slovenia, Greece, Turkey, Poland and Belgium lagged somewhat behind, together comprising a further X%.

Slovenia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among 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 2023, picking up by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2022 when the average import price increased by X%. The import price peaked in 2023 and is likely to see steady growth in the immediate term.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Slovakia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform