United Kingdom - Iron or Steel Cans For Food And Drink - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Iron or Steel Can in the UK - 2023
Contents:
- Price for Iron or Steel Can in the UK (CIF) - 2023
- Price for Iron or Steel Can in the UK (FOB) - 2023
- Imports of Iron or Steel Can in the UK
- Exports of Iron or Steel Can in the UK
Price for Iron or Steel Can in the UK (CIF) - 2023
In August 2023, the average iron or steel can import price amounted to $4.9 per unit, with an increase of 9.6% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.4%. The pace of growth appeared the most rapid in September 2022 an increase of 21% against the previous month. Over the period under review, average import prices reached the peak figure in August 2023.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Spain ($9.2 per unit), while the price for India ($2.7 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Spain (+26.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Steel Can in the UK (FOB) - 2023
In August 2023, the average iron or steel can export price amounted to $4.1 per unit, picking up by 8.6% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.3%. The pace of growth was the most pronounced in May 2023 when the average export price increased by 20% m-o-m. Over the period under review, the average export prices hit record highs in August 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Italy ($6.1 per unit), while the average price for exports to the Netherlands ($2.8 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Steel Can in the UK
In 2022, the amount of iron or steel cans imported into the UK dropped to 295M units, shrinking by -3.6% against the previous year. Overall, imports continue to indicate a mild downturn. The most prominent rate of growth was recorded in 2021 with an increase of 73%. As a result, imports attained the peak of 306M units, and then contracted slightly in the following year.
In value terms, iron or steel can imports stood at $85M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +15.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 61% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
Import of Iron or Steel Can in the UK (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 7.9 | 16.3 | 19.4 | 26.3 | 49.3% |
China | 9.3 | 7.3 | 13.5 | 16.0 | 19.8% |
Netherlands | 6.6 | 5.6 | 8.7 | 8.2 | 7.5% |
Germany | 8.3 | 4.0 | 5.1 | 7.2 | -4.6% |
France | 0.5 | 0.4 | 2.2 | 6.2 | 131.5% |
Spain | 1.6 | 3.4 | 15.1 | 6.1 | 56.2% |
Denmark | N/A | N/A | 0.5 | 5.9 | 1080.0% |
Italy | 3.8 | 5.4 | 1.9 | 2.6 | -11.9% |
Poland | 1.7 | 0.3 | 0.1 | 1.4 | -6.3% |
Portugal | 5.4 | 6.4 | 8.0 | 0.1 | -73.5% |
Hungary | 1.1 | N/A | N/A | N/A | 0% |
Czech Republic | 5.0 | 0.1 | N/A | N/A | -98.0% |
Others | 3.6 | 3.1 | 9.0 | 5.0 | 11.6% |
Total | 54.8 | 52.0 | 83.5 | 85.0 | 15.8% |
Top Suppliers of Iron or Steel Can to the UK in 2022:
- Turkey (125.4M units)
- China (30.9M units)
- Netherlands (30.8M units)
- Germany (21.6M units)
- Spain (18.7M units)
- France (16.8M units)
- Denmark (13.9M units)
- Italy (10.8M units)
- Poland (6.5M units)
- Portugal (0.4M units)
- Czech Republic (0.1M units)
- Hungary (0.1M units)
Exports of Iron or Steel Can in the UK
Iron or steel can exports from the UK shrank to 380M units in 2022, dropping by -9.6% compared with the previous year's figure. Over the period under review, exports continue to indicate a deep setback. Over the period under review, the exports reached the peak figure at 649M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, iron or steel can exports contracted slightly to $82M in 2022. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 3.4%. As a result, the exports attained the peak of $83M. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Iron or Steel Can in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 23.8 | 19.5 | 27.5 | 29.1 | 6.9% |
France | 3.5 | 12.5 | 15.4 | 25.4 | 93.6% |
Ireland | 12.8 | 7.9 | 5.5 | 8.4 | -13.1% |
Germany | 13.4 | 6.9 | 4.1 | 4.6 | -30.0% |
United States | 2.6 | 14.7 | 21.1 | 4.5 | 20.1% |
Netherlands | 13.2 | 10.2 | 3.4 | 2.4 | -43.3% |
Czech Republic | 0.3 | 0.4 | N/A | 2.2 | 94.3% |
Others | 10.9 | 11.2 | 6.3 | 5.0 | -22.9% |
Total | 80.6 | 83.4 | 83.3 | 81.7 | 0.5% |
Top Export Markets for Iron or Steel Can from the UK in 2022:
- Belgium (142.0M units)
- France (127.2M units)
- Ireland (28.5M units)
- Netherlands (21.7M units)
- Germany (20.7M units)
- United States (14.0M units)
- Czech Republic (7.2M units)
This report provides an in-depth analysis of the market for iron or steel can in the UK. 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 25921133 - Cans used for preserving food and drink of iron or steel, < .50 l, food cans
- Prodcom 25921135 - Cans used for preserving food and drink of iron or steel, < .50 l, drinks
- Prodcom 25921150 - Cans other than for preserving food and drink of iron or steel, < .50 l
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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
This report provides an in-depth analysis of the market for iron or steel can in the UK.
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This report provides an in-depth analysis of the market for iron or steel can in the UK.
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