Market for Metal Box And Light Gauge Container in the United States
Market Overview
For the third year in a row, the U.S. market for metal box and light gauge container recorded decline in sales value, which decreased by -
% to $ in . In general, consumption showed a deep contraction. The growth pace was the most rapid in 2018 with an increase of %. Consumption of peaked at $ in 2014; however, from 2015 to , consumption remained at a lower figure.
In value terms, production of metal box and light gauge container contracted to $ in . In general, production showed a slight downturn. The pace of growth appeared the most rapid in 2014 with an increase of % against the previous year. As a result, production attained the peak level of $. From 2015 to , production of growth remained at a lower figure.
% to $ in . In general, consumption showed a deep contraction. The growth pace was the most rapid in 2018 with an increase of %. Consumption of peaked at $ in 2014; however, from 2015 to , consumption remained at a lower figure.In value terms, production of metal box and light gauge container contracted to $
in . In general, production showed a slight downturn. The pace of growth appeared the most rapid in 2014 with an increase of % against the previous year. As a result, production attained the peak level of $. From 2015 to , production of growth remained at a lower figure.Consumption
Consumption of metal box and light gauge container in the United States reduced remarkably to units in , falling by -% on figures. In general, consumption recorded a abrupt setback. As a result, consumption reached the peak volume of units. From 2015 to , the growth of the consumption of remained at a lower figure.
The value of the market for metal box and light gauge container in the United States contracted dramatically to $ in , waning by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when the market value increased by % against the previous year. Consumption of peaked at $ in 2014; however, from 2015 to , consumption failed to regain momentum.
units in , falling by -% on figures. In general, consumption recorded a abrupt setback. As a result, consumption reached the peak volume of units. From 2015 to , the growth of the consumption of remained at a lower figure.The value of the market for metal box and light gauge container in the United States contracted dramatically to $
in , waning by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when the market value increased by % against the previous year. Consumption of peaked at $ in 2014; however, from 2015 to , consumption failed to regain momentum.Market Forecast
Depressed by shrinking demand for metal box and light gauge container in the United States, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to units by the end of .
% for the period from to , which is projected to depress the market volume to units by the end of .Market Structure
In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review.
, the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review.Trade Balance
The United States remains a net exporter of metal box and light gauge container; in physical and value terms, exports consistently exceeded imports from 2013 to . In , there was a significant trade surplus of units, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
. In , there was a significant trade surplus of units, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
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