U.S. - Aluminium Reservoirs, Tanks And Vats - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAluminium Reservoir Price in the United States - 2023
Contents:
- Aluminium Reservoir Price in the United States (FOB) - 2022
- Aluminium Reservoir Price in the United States (CIF) - 2022
- Aluminium Reservoir Exports in the United States
- Aluminium Reservoir Imports in the United States
Aluminium Reservoir Price in the United States (FOB) - 2022
The average aluminium reservoir export price stood at $54 per unit in 2022, waning by -81.3% against the previous year. Overall, the export price recorded a deep contraction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 162%. As a result, the export price reached the peak level of $484 per unit. From 2017 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($39 per unit), while the average price for exports to Italy ($6.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.
Aluminium Reservoir Price in the United States (CIF) - 2022
The average aluminium reservoir import price stood at $23 per unit in 2022, dropping by -95.2% against the previous year. Overall, the import price faced a abrupt curtailment. The growth pace was the most rapid in 2020 when the average import price increased by 345%. As a result, import price reached the peak level of $947 per unit. From 2021 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($47 per unit), while the price for India ($3.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Aluminium Reservoir Exports in the United States
In 2022, approx. 484K units of aluminium reservoirs, tanks, vats and similar containers were exported from the United States; with an increase of 397% compared with 2021 figures. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, aluminium reservoir exports declined to $26M in 2022. The total export value increased at an average annual rate of +2.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 47% against the previous year. As a result, the exports reached the peak of $28M, and then declined in the following year.
| Export of Aluminium Reservoir in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 3.9 | 5.1 | 13.4 | 11.9 | 45.0% |
| Canada | 7.4 | 6.3 | 7.7 | 9.7 | 9.4% |
| Dominican Republic | 0.6 | 0.1 | 0.4 | 0.7 | 5.3% |
| Australia | 0.5 | 0.1 | N/A | 0.2 | -26.3% |
| Italy | 0.1 | 0.2 | 0.3 | 0.2 | 26.0% |
| Bahamas | 1.6 | 0.2 | 0.1 | 0.1 | -60.3% |
| South Korea | 1.9 | 0.2 | N/A | N/A | -89.5% |
| Others | 8.5 | 6.7 | 6.0 | 3.2 | -27.8% |
| Total | 24.5 | 19.0 | 28.0 | 26.1 | 2.1% |
Top Export Markets for Aluminium Reservoir from the United States in 2022:
- Canada (805.3K units)
- Mexico (326.5K units)
- Dominican Republic (53.8K units)
- Italy (33.9K units)
- Australia (27.0K units)
- Bahamas (0.5K units)
- South Korea (0.1K units)
Aluminium Reservoir Imports in the United States
In 2022, approx. 423K units of aluminium reservoirs, tanks, vats and similar containers were imported into the United States; surging by 1,786% against the previous year's figure. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, aluminium reservoir imports shrank to $9.5M in 2022. Overall, imports, however, recorded a noticeable descent. The growth pace was the most rapid in 2020 when imports increased by 59% against the previous year. As a result, imports reached the peak of $17M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Aluminium Reservoir in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 5.9 | 4.3 | 3.4 | 4.6 | -8.0% |
| China | 0.4 | 0.4 | 2.0 | 1.7 | 62.0% |
| Germany | 0.7 | 2.4 | 0.6 | 1.1 | 16.3% |
| Mexico | 1.0 | 1.0 | 1.1 | 0.7 | -11.2% |
| United Kingdom | 1.3 | 0.3 | 0.3 | 0.4 | -32.5% |
| South Korea | N/A | N/A | 0.4 | 0.2 | -50.0% |
| Netherlands | 0.4 | 8.4 | 1.4 | 0.1 | -37.0% |
| India | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 1.1 | 0.4 | 1.2 | 0.4 | -28.6% |
| Total | 10.8 | 17.3 | 10.5 | 9.5 | -4.2% |
Top Suppliers of Aluminium Reservoir to the United States in 2022:
- China (234.1K units)
- Canada (99.5K units)
- Germany (55.4K units)
- South Korea (42.8K units)
- India (20.9K units)
- Mexico (20.0K units)
- United Kingdom (17.7K units)
- Netherlands (3.2K units)
This report provides an in-depth analysis of the aluminium reservoir market in the U.S.. 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 25291170 - Aluminium reservoirs, tanks, vats and similar containers for any material (other than compressed or liquefied gas), of a capacity > .300 litres (excluding fitted with mechanical or thermal equipment)
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
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In 2016, approx. X tons of reservoir were imported worldwide- falling by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to ...
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In 2016, approx. X tons of reservoir were imported worldwide- falling by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to ...
