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Vietnam - Aluminium Casks, Drums, Cans, Boxes and Similar Containers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVietnam: Market for Aluminium Casks, Drums, Cans, Boxes and Similar Containers 2024
Market Size for Aluminium Casks, Drums, Cans, Boxes and Similar Containers in Vietnam
In 2023, the Vietnamese market for aluminium casks, drums, cans, boxes and similar containers decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. In general, consumption saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2023, consumption remained at a lower figure.
Production of Aluminium Casks, Drums, Cans, Boxes and Similar Containers in Vietnam
In value terms, production of aluminium casks, drums, cans, boxes and similar containers rose modestly to $X in 2023 estimated in export price. In general, production continues to indicate a modest increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production of attained the maximum level at $X in 2013; however, from 2014 to 2023, production remained at a lower figure.
Exports of Aluminium Casks, Drums, Cans, Boxes and Similar Containers
Exports from Vietnam
In 2023, exports of aluminium casks, drums, cans, boxes and similar containers from Vietnam declined slightly to X units, waning by X% on 2022 figures. Over the period under review, exports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The exports peaked at X units in 2020; however, from 2021 to 2023, the exports failed to regain momentum.
In value terms, exports of aluminium casks, drums, cans, boxes and similar containers reduced to $X in 2023. Overall, exports, however, showed a resilient increase. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. The exports peaked at $X in 2022, and then declined in the following year.
Exports by Country
Cambodia (X units) was the main destination for exports of aluminium casks, drums, cans, boxes and similar containers from Vietnam, accounting for a X% share of total exports. Moreover, exports of aluminium casks, drums, cans, boxes and similar containers to Cambodia exceeded the volume sent to the second major destination, Myanmar (X units), more than tenfold. Thailand (X units) ranked third in terms of total exports with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume to Cambodia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Myanmar (X% per year) and Thailand (X% per year).
In value terms, Cambodia ($X) remains the key foreign market for aluminium casks, drums, cans, boxes and similar containers exports from Vietnam, comprising X% of total exports. The second position in the ranking was held by Myanmar ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of value to Cambodia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Myanmar (X% per year) and Thailand (X% 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 2023, dropping by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In 2023, amid the top suppliers, the highest price was recorded for prices to Cambodia ($X per unit) and Thailand ($X per unit), while the average price for exports to Myanmar ($X per unit) and Singapore ($X per unit) were amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (X%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Aluminium Casks, Drums, Cans, Boxes and Similar Containers
Imports into Vietnam
In 2023, imports of aluminium casks, drums, cans, boxes and similar containers into Vietnam contracted markedly to X units, waning by X% compared with 2022. Over the period under review, imports, however, saw a notable expansion. The growth pace was the most rapid in 2022 when imports increased by X% against the previous year. As a result, imports reached the peak of X units, and then dropped notably in the following year.
In value terms, imports of aluminium casks, drums, cans, boxes and similar containers fell rapidly to $X in 2023. In general, imports, however, enjoyed temperate growth. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then reduced remarkably in the following year.
Imports by Country
In 2023, China (X units) constituted the largest aluminium cask, drum, can, box and similar container supplier to Vietnam, with a X% share of total imports. Moreover, imports of aluminium casks, drums, cans, boxes and similar containers from China exceeded the figures recorded by the second-largest supplier, Indonesia (X units), sevenfold. The third position in this ranking was held by Thailand (X units), with an X% share.
From 2012 to 2023, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (X% per year) and Thailand (X% per year).
In value terms, China ($X) constituted the largest supplier of aluminium casks, drums, cans, boxes and similar containers to Vietnam, comprising X% of total imports. The second position in the ranking was held by Indonesia ($X), with a X% share of total imports. It was followed by Thailand, with a X% share.
From 2012 to 2023, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (X% per year) and Thailand (X% per year).
Import Prices by Country
In 2023, the average import price for aluminium casks, drums, cans, boxes and similar containers amounted to $X per unit, increasing by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2023, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($X per unit), while the price for China ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for aluminium cask, drum, can, box and similar container in Vietnam. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25921240 - Casks, drums, cans, boxes and similar containers, of aluminium, for any material (other than compressed or liquefied gas), n.e.s. (other than collapsible tubular containers and containers for aerosols)
- Prodcom 25921260 - Aluminium aerosol containers, with a capacity . .300 litres
Country coverage:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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