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

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

The Jordanian market for aluminium casks, drums, cans, boxes and similar containers stood at $X in 2023, surging by X% against the previous year. In general, consumption recorded buoyant growth. As a result, consumption attained the peak level of $X. From 2019 to 2023, the growth of the market failed to regain momentum.

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

In value terms, production of aluminium casks, drums, cans, boxes and similar containers rose modestly to $X in 2023 estimated in export price. Overall, production continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. Over the period under review, production of reached the maximum level at $X in 2018; however, from 2019 to 2023, production failed to regain momentum.

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

Exports from Jordan

In 2023, approx. X units of aluminium casks, drums, cans, boxes and similar containers were exported from Jordan; increasing by X% against the previous year. In general, exports posted a buoyant increase. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports reached the peak of X units. From 2015 to 2023, the growth of the exports of remained at a lower figure.

In value terms, exports of aluminium casks, drums, cans, boxes and similar containers declined slightly to $X in 2023. Overall, exports enjoyed strong growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2023, the growth of the exports of failed to regain momentum.

Exports by Country

Algeria (X units), the United States (X units) and Palestine (X units) were the main destinations of exports of aluminium casks, drums, cans, boxes and similar containers from Jordan, with a combined X% share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Algeria ($X), the United States ($X) and Palestine ($X) appeared to be the largest markets for aluminium cask, drum, can, box and similar container exported from Jordan worldwide, together comprising X% of total exports.

In terms of the main countries of destination, the United States, with a CAGR of X%, recorded the highest growth rate of 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, dropping by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. The export price peaked at $X per unit in 2022, and then reduced in the following year.

Average prices varied somewhat for the major foreign markets. In 2023, amid the top suppliers, the countries with the highest prices were Free Zones ($X per unit) and the United States ($X per unit), while the average price for exports to Palestine ($X per unit) and Iraq ($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 the United States (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 Jordan

In 2023, the amount of aluminium casks, drums, cans, boxes and similar containers imported into Jordan skyrocketed to X units, increasing by X% on 2022 figures. Over the period under review, imports saw a resilient increase. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Imports peaked at X units in 2014; however, from 2015 to 2023, imports failed to regain momentum.

In value terms, imports of aluminium casks, drums, cans, boxes and similar containers fell modestly to $X in 2023. Overall, imports recorded a prominent increase. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Saudi Arabia (X units) was the main aluminium cask, drum, can, box and similar container supplier to Jordan, accounting for a X% share of total imports. Moreover, imports of aluminium casks, drums, cans, boxes and similar containers from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Turkey (X units), more than tenfold. The United Arab Emirates (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Saudi Arabia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and the United Arab Emirates (X% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of aluminium casks, drums, cans, boxes and similar containers to Jordan, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2023, the average annual growth rate of value from Saudi Arabia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

The average import price for aluminium casks, drums, cans, boxes and similar containers stood at $X per unit in 2023, waning by X% against the previous year. In general, import price indicated a modest increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, import price for aluminium casks, drums, cans, boxes and similar containers increased by X% against 2019 indices. The pace of growth was the most pronounced in 2022 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit, and then declined rapidly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the countries with the highest prices were the United Arab Emirates ($X per unit) and Saudi Arabia ($X per unit), while the price for Germany ($X per unit) and China ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform