Germany - Plastic Reservoirs, Tanks And Vats - Market Analysis, Forecast, Size, Trends And Insights
Plastic Reservoir Price in Germany Grows 5% to $3,758 per Ton
Germany Plastic Reservoir Export Price in August 2022
In August 2022, the plastic reservoir price amounted to $3,758 per ton (FOB, Germany), rising by 5.3% against the previous month. Over the period from January 2022 to August 2022, it increased at an average monthly rate of +2.6%. The most prominent rate of growth was recorded in June 2022 when the average export price increased by 24% against the previous month. As a result, the export price reached the peak level of $4,450 per ton. From July 2022 to August 2022, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($5,773 per ton), while the average price for exports to Spain ($2,256 per ton) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.
Germany Plastic Reservoir Exports
For the third consecutive month, Germany recorded decline in overseas shipments of plastic reservoirs, tanks and vats, which decreased by -12.2% to 6.9K tons in August 2022. Over the period under review, exports continue to indicate a slight slump. The most prominent rate of growth was recorded in May 2022 when exports increased by 19% month-to-month. The exports peaked at 9.5K tons in March 2022; however, from April 2022 to August 2022, the exports failed to regain momentum.
In value terms, plastic reservoir exports shrank to $26M (IndexBox estimates) in August 2022. The total export value increased at an average monthly rate of +1.2% over the period from January 2022 to August 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain months. The pace of growth was the most pronounced in March 2022 when exports increased by 23% m-o-m. Over the period under review, the exports reached the maximum at 38K tons in June 2022; however, from July 2022 to August 2022, the exports failed to regain momentum.
Germany Plastic Reservoir Exports by Country
France (1.5K tons), Belgium (1.2K tons) and Switzerland (653 tons) were the main destinations of plastic reservoir exports from Germany, together comprising 48% of total exports. The Netherlands, Austria, the UK, the United Arab Emirates, Canada, Poland, Spain, the United States, the Czech Republic and Sweden lagged somewhat behind, together accounting for a further 39%.
From January 2022 to August 2022, the biggest increases were in the United Arab Emirates (with a CAGR of +31.4%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, France ($5.1M), Belgium ($3.5M) and Switzerland ($2.6M) appeared to be the largest markets for plastic reservoir exported from Germany worldwide, with a combined 43% share of total exports. Austria, the Netherlands, the UK, the United Arab Emirates, Canada, Poland, the United States, Sweden, Spain and the Czech Republic lagged somewhat behind, together accounting for a further 40%.
the United Arab Emirates, with a CAGR of +29.3%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the plastic reservoir market in Germany. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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