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

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

The SADC market for aluminium casks, drums, cans, boxes and similar containers shrank slightly to $X in 2022, therefore, remained relatively stable against the previous year. In general, consumption, however, saw strong growth. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, production of aluminium casks, drums, cans, boxes and similar containers reduced to $X in 2022 estimated in export price. In general, production, however, saw a prominent expansion. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, production of reached the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

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

Exports in SADC

Exports of aluminium casks, drums, cans, boxes and similar containers dropped to X units in 2022, shrinking by X% on the year before. Over the period under review, exports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. The volume of export peaked at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of aluminium casks, drums, cans, boxes and similar containers reduced dramatically to $X in 2022. In general, exports, however, showed strong growth. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2021, and then declined markedly in the following year.

Exports by Country

The shipments of the one major exporters of aluminium casks, drums, cans, boxes and similar containers, namely South Africa, represented more than two-thirds of total export.

South Africa was also the fastest-growing in terms of the aluminium casks, drums, cans, boxes and similar containers exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest aluminium cask, drum, can, box and similar container supplier in SADC.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa stood at X%.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per unit, waning by X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to X% per year.

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

Imports in SADC

In 2022, the amount of aluminium casks, drums, cans, boxes and similar containers imported in SADC reached X units, picking up by X% against the previous year. Over the period under review, imports continue to indicate a prominent expansion. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports of reached the peak figure at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of aluminium casks, drums, cans, boxes and similar containers surged to $X in 2022. In general, imports saw prominent growth. The growth pace was the most rapid in 2014 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

The purchases of the eight major importers of aluminium casks, drums, cans, boxes and similar containers, namely Namibia, Zambia, Zimbabwe, Mozambique, South Africa, Botswana, Tanzania and Mauritius, represented more than two-thirds of total import.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Zambia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest aluminium cask, drum, can, box and similar container importing markets in SADC were South Africa ($X), Zambia ($X) and Mauritius ($X), together comprising X% of total imports.

Zambia, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in SADC stood at $X per unit in 2022, growing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mauritius ($X per unit), while Namibia (less than $X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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