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Brief Report on China’s Container Industry, 2008-2010 (China Research and Intelligence)
- Market: Paper and Packaging
- Published Date: 05/11/2008
- Report Title: Brief Report on China’s Container Industry, 2008-2010
- Table of Contents: View Table of Contents
- Report Type: Market Report
- Country: China
- Number of Pages: 20
China’s container industry started in the late 1970s and early 1980s. After 20 years’ development, the container manufacturers had added up to 58 by the end of 2007, and the annual production capacity is about 5.8 million TEU which is 145 times as large as 20 years before, accounting for over 96% of world’s production capacity. China’s container industry has made 3 world’s records since 1993, namely container manufacturing capacity, container types and size as well as container sales which have ranked the world’s No.1 in the 15 years continuously.
Chart China’s container export volume, 1997-2007
With the requirements of international shipping industry, the ISO containers(international standard) and non-ISO containers made in China nearly all export to other countries. The international market share of China’s container is getting larger and there have been various products since 1993. The product structure was very simple at the beginning, but now it has various products for special purposes including many cargo containers such as warm-keeping container, pot container and dry bulk cargo container, regional special container and semi-trailer and so on. Altogether it has about 900 types with different sizes which can satisfy different needs of customers all over the world.
It is estimated that the production and sales of international container market will decrease in 2008 as compared with 2007 after its continuous rapid growth against the backdrop of global economy. Once the world economy is at a turning point, investors’ confidence in shipping market will collapse and consequently will lead the container market to a lower point which is unexpected. This is likely to take place although the possibility is relatively small. The upgrading of international containers, newly added ships and cargo freight increment for international trade will provide stable orders for international container market. It is estimated that the demand for container market will drop slightly at an approximate level of 10%-20% from 2008 to 2010. On condition that there is no unpredictable risk in global economy, or it will drop more drastically. So the amount of orders will depend on the situation of world economy.
Chart China’s container export volume, 1997-2007
With the requirements of international shipping industry, the ISO containers(international standard) and non-ISO containers made in China nearly all export to other countries. The international market share of China’s container is getting larger and there have been various products since 1993. The product structure was very simple at the beginning, but now it has various products for special purposes including many cargo containers such as warm-keeping container, pot container and dry bulk cargo container, regional special container and semi-trailer and so on. Altogether it has about 900 types with different sizes which can satisfy different needs of customers all over the world.
It is estimated that the production and sales of international container market will decrease in 2008 as compared with 2007 after its continuous rapid growth against the backdrop of global economy. Once the world economy is at a turning point, investors’ confidence in shipping market will collapse and consequently will lead the container market to a lower point which is unexpected. This is likely to take place although the possibility is relatively small. The upgrading of international containers, newly added ships and cargo freight increment for international trade will provide stable orders for international container market. It is estimated that the demand for container market will drop slightly at an approximate level of 10%-20% from 2008 to 2010. On condition that there is no unpredictable risk in global economy, or it will drop more drastically. So the amount of orders will depend on the situation of world economy.
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