Price for Containers for Compressed or Liquefied Gas, of Aluminium in the United States - 2024
Contents:
- Price for Containers for Compressed or Liquefied Gas, of Aluminium in the United States (FOB) - 2022
- Price for Containers for Compressed or Liquefied Gas, of Aluminium in the United States (CIF) - 2022
- Exports of Containers for Compressed or Liquefied Gas, of Aluminium in the United States
- Imports of Containers for Compressed or Liquefied Gas, of Aluminium in the United States
Price for Containers for Compressed or Liquefied Gas, of Aluminium in the United States (FOB) - 2022
In 2022, the average export price for containers for compressed or liquefied gas, of aluminium amounted to $28 per unit, increasing by 2.6% against the previous year. Over the period under review, export price indicated noticeable 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, export price for containers for compressed or liquefied gas, of aluminium increased by +53.9% against 2013 indices. The pace of growth was the most pronounced in 2017 an increase of 13%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($62 per unit), while the average price for exports to Mexico ($17 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 China (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Containers for Compressed or Liquefied Gas, of Aluminium in the United States (CIF) - 2022
The average import price for containers for compressed or liquefied gas, of aluminium stood at $19 per unit in 2022, picking up by 36% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The import price peaked at $21 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
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 Canada ($285 per unit), while the price for Israel ($9.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+31.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Containers for Compressed or Liquefied Gas, of Aluminium in the United States
In 2022, shipments abroad of containers for compressed or liquefied gas, of aluminium was finally on the rise to reach 4.8M units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a mild slump. Over the period under review, the exports of reached the peak figure at 5.1M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of containers for compressed or liquefied gas, of aluminium surged to $137M in 2022. The total export value increased at an average annual rate of +1.0% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Containers for Compressed or Liquefied Gas, of Aluminium in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 13.9 | 12.3 | 13.2 | 16.9 | 6.7% |
| Germany | 11.3 | 10.1 | 10.5 | 14.3 | 8.2% |
| Mexico | 9.9 | 13.3 | 13.1 | 12.8 | 8.9% |
| China | 6.5 | 6.3 | 8.6 | 10.3 | 16.6% |
| United Kingdom | 10.9 | 6.3 | 6.4 | 8.3 | -8.7% |
| India | 2.6 | 2.3 | 5.1 | 6.3 | 34.3% |
| Japan | 12.0 | 5.4 | 4.0 | 6.3 | -19.3% |
| Brazil | 5.9 | 4.8 | 6.1 | 6.0 | 0.6% |
| Chile | 4.5 | 4.4 | 2.9 | 5.9 | 9.4% |
| Australia | 7.3 | 5.6 | 3.2 | 4.9 | -12.4% |
| South Korea | 4.4 | 4.1 | 3.3 | 4.8 | 2.9% |
| Singapore | 3.7 | 1.6 | 2.2 | 3.1 | -5.7% |
| Colombia | 2.2 | 1.9 | 2.0 | 2.1 | -1.5% |
| Others | 37.7 | 34.0 | 31.3 | 34.9 | -2.5% |
| Total | 133 | 113 | 112 | 137 | 1.0% |
Top Export Markets for Containers for Compressed or Liquefied Gas, of Aluminium from the United States in 2022:
- Canada (816.2K units)
- Mexico (751.7K units)
- Germany (331.8K units)
- Chile (328.0K units)
- Australia (254.4K units)
- United Kingdom (244.8K units)
- Singapore (173.2K units)
- China (166.6K units)
- Japan (158.1K units)
- Brazil (134.2K units)
- India (123.4K units)
- Colombia (120.6K units)
- South Korea (114.8K units)
Imports of Containers for Compressed or Liquefied Gas, of Aluminium in the United States
In 2022, the amount of containers for compressed or liquefied gas, of aluminium imported into the United States fell sharply to 3M units, with a decrease of -23.6% compared with the year before. In general, imports showed a pronounced shrinkage. The growth pace was the most rapid in 2021 with an increase of 59%. As a result, imports reached the peak of 3.9M units, and then dropped remarkably in the following year.
In value terms, imports of containers for compressed or liquefied gas, of aluminium expanded modestly to $57M in 2022. Over the period under review, imports saw a noticeable downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 32%. Imports peaked at $64M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Containers for Compressed or Liquefied Gas, of Aluminium in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 12.4 | 10.8 | 12.9 | 12.0 | -1.1% |
| Taiwan (Chinese) | 6.9 | 7.8 | 10.1 | 11.3 | 17.9% |
| United Kingdom | 15.5 | 8.9 | 8.5 | 11.3 | -10.0% |
| Canada | 3.4 | 4.2 | 9.4 | 9.1 | 38.8% |
| China | 11.3 | 4.3 | 8.5 | 7.9 | -11.2% |
| Germany | 1.4 | 1.6 | 1.4 | 0.7 | -20.6% |
| France | 1.0 | 0.6 | 0.8 | 0.6 | -15.7% |
| Japan | 8.2 | N/A | N/A | N/A | 0% |
| Others | 3.8 | 3.8 | 3.9 | 4.7 | 7.3% |
| Total | 63.9 | 42.0 | 55.4 | 57.4 | -3.5% |
Top Suppliers of Containers for Compressed or Liquefied Gas, of Aluminium to the United States in 2022:
- Israel (1314.9K units)
- Taiwan (Chinese) (858.0K units)
- China (329.1K units)
- United Kingdom (316.2K units)
- France (47.4K units)
- Germany (38.4K units)
- Canada (31.8K units)
- Japan (0.5K units)
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