Report Update: Apr 1, 2024

World - Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers - Market Analysis, Forecast, Size, Trends and Insights

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Iron Market

Iron market: find newly released facts and figures enhanced by an Ai-driven business intelligence platform. Facts and figures provide production, exports, trade, companies, market size, market prices, consumption, and imports. There is a split by region, including Latin America, the Middle East, Africa, EU, the U.K., China, the U.S., and Russia. Market dynamics and outlook to 2030 are also featured in the reports.

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Iron - World's Largest Markets

Rating	Country
1	China
2	United States
3	India
4	Brazil
5	Japan

In value terms, China, the United States and India constituted the countries with the highest levels of market value in 2020, with a combined 50% share of the global market. These countries were followed by Brazil, Japan, Indonesia, Germany, Mexico, Italy, Russia, South Korea, Turkey and Norway, which together accounted for a further 28%.

Norway recorded the highest growth rate of market size, among the main consuming countries over the period under review, while iron, steel or aluminium reservoir market for the other global leaders experienced more modest paces of growth.

Iron, Steel Or Aluminium Reservoir Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Thailand	1970	2572	1920	-1.3%
Mexico	2044	2265	2133	2.2%
Turkey	2555	2457	2465	-1.8%
China	2603	2443	2472	-2.5%
Poland	3465	2891	2817	-9.8%
Spain	3638	3847	3398	-3.4%
Czech Republic	3800	3684	3663	-1.8%
Netherlands	4276	4257	4209	-0.8%
South Korea	5929	5645	4795	-10.1%
Italy	5388	5426	5271	-1.1%
Germany	5834	5721	6329	4.2%
United States	7505	7104	6881	-4.2%
United Kingdom	7617	6339	7110	-3.4%
Average	3833	3778	3641	-2.5%

Prices varied noticeably by the country of origin; the country with the highest price was the UK ($7,110 per ton), while Thailand ($1,920 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the other global leaders experienced mixed trends in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
China	6219	8099	7331	8.6%
South Korea	3917	3869	4788	10.6%
Germany	4287	3879	4635	4.0%
Netherlands	4173	4141	4426	3.0%
United Kingdom	4831	4378	4397	-4.6%
Canada	4541	5080	4254	-3.2%
France	3849	3771	4162	4.0%
Italy	3869	3872	4007	1.8%
United States	4649	4795	3861	-8.9%
Mexico	2503	2787	3045	10.3%
Thailand	2530	2807	2950	8.0%
Nigeria	3668	3161	2140	-23.6%
Philippines	1688	1680	1518	-5.2%
Average	3755	3816	3768	0.2%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was China ($7,331 per ton), while the Philippines ($1,518 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by South Korea, while the other global leaders experienced more modest paces of growth.

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Iron, Steel or Aluminium Reservoir - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
United States	1	0.7	0.8	-12.0%
Germany	0.4	0.6	0.5	6.2%
South Korea	0.3	0.3	0.3	14.5%
China	0.2	0.3	0.3	12.3%
Canada	0.3	0.3	0.2	-8.9%

In value terms, the largest iron, steel or aluminium reservoir importing markets worldwide were the United States ($757M), Germany ($461M) and South Korea ($347M), with a combined 24% share of global imports.

South Korea saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Iron, Steel or Aluminium Reservoir - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
China	1	1.3	1.3	16.3%
United States	0.9	0.8	0.8	-7.9%
Italy	0.6	0.6	0.6	1.8%
Germany	0.6	0.7	0.5	-9.0%
South Korea	0.4	0.4	0.5	18.9%

In value terms, China ($1.3B), the United States ($751M) and Italy ($570M) constituted the countries with the highest levels of exports in 2020, with a combined 34% share of global exports. These countries were followed by Germany, South Korea, Poland, the Czech Republic, Turkey, Thailand, the UK, the Netherlands, Spain and Mexico, which together accounted for a further 41%.

Among the main exporting countries, the Netherlands saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Iron, Steel or Aluminium Reservoir - Market Forecast

Driven by rising demand for iron, steel or aluminium reservoir worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Iron, Steel or Aluminium Reservoir - Top Companies

Enerfab, Inc., Polar Corporation, Nooter Corporation, Polar Tank Trailers, Solace Cst, LLC, CST Industries, Inc., Helgesen Industries, Inc., Paul Mueller Company, Truenorth Steel, Inc., Caldwell Tanks, Inc., Quality Steel Corporation, Walker Stainless Equipment Company LLC, Caldwell Group, LLC, Phoenix Fabricators and Erectors LLC, Feldmeier Equipment, Inc., Engicon NV, Rocky Mountain Fabrication, Inc., Permian Tank & Manufacturing, Inc., Universal Industries (Foremost) Corp, Tremcar Inc

Iron - Product Coverage

HS 7309 - Reservoirs, tanks, vats and similar containers; for any material (excluding compressed or liquefied gas), of iron or steel, capacity exceeding 300l, whether or not lined or heat insulated
HS 7311 - Containers for compressed or liquefied gas, of iron or steel
HS 7611 - Aluminium; reservoirs, tanks, vats and the like for material (not compressed or liquefied gas) of capacity over 300l, whether or not lined, heat-insulated, not fitted with mechanical, thermal equipment
HS 7613 - Aluminium; containers for compressed or liquefied gas

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global market for iron, steel or aluminium reservoir. 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 25291110 - Iron or steel reservoirs, tanks, vats and similar containers for gases, of a capacity > .300 litres (excluding compressed or liquefied gas, fitted with mechanical or thermal equipment)
Prodcom 25291120 - Iron or steel reservoirs, tanks, vats and similar containers lined or heat-insulated, for liquids, of a capacity > .300 litres (excluding fitted with mechanical or thermal equipment)
Prodcom 25291130 - Iron or steel reservoirs, tanks, vats and similar containers for liquids, of a capacity > .300 litres (excluding fitted with mechanical or thermal equipment, lined or heat insulated)
Prodcom 25291150 - Iron or steel reservoirs, tanks, vats and similar containers for solids, of a capacity > .300 litres (excluding fitted with mechanical or thermal equipment)
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)
Prodcom 25291200 - Containers for compressed or liquefied gas, of metal

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023