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.


Get FREE access to the latest data and statistics on the Iron Market.

Iron - World's Largest Markets

RatingCountry
1China
2United States
3India
4Brazil
5Japan

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

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Thailand197025721920-1.3%
Mexico2044226521332.2%
Turkey255524572465-1.8%
China260324432472-2.5%
Poland346528912817-9.8%
Spain363838473398-3.4%
Czech Republic380036843663-1.8%
Netherlands427642574209-0.8%
South Korea592956454795-10.1%
Italy538854265271-1.1%
Germany5834572163294.2%
United States750571046881-4.2%
United Kingdom761763397110-3.4%
Average383337783641-2.5%

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

COUNTRY201820192020CAGR,
2018-2020
USD per ton
China6219809973318.6%
South Korea39173869478810.6%
Germany4287387946354.0%
Netherlands4173414144263.0%
United Kingdom483143784397-4.6%
Canada454150804254-3.2%
France3849377141624.0%
Italy3869387240071.8%
United States464947953861-8.9%
Mexico25032787304510.3%
Thailand2530280729508.0%
Nigeria366831612140-23.6%
Philippines168816801518-5.2%
Average3755381637680.2%

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.

Iron, Steel or Aluminium Reservoir - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States10.70.8-12.0%
Germany0.40.60.56.2%
South Korea0.30.30.314.5%
China0.20.30.312.3%
Canada0.30.30.2-8.9%

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

COUNTRY201820192020CAGR,
2018-2020
billion USD
China11.31.316.3%
United States0.90.80.8-7.9%
Italy0.60.60.61.8%
Germany0.60.70.5-9.0%
South Korea0.40.40.518.9%

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
Store
Blog
Event
World - Iron, Steel or Aluminium Reservoirs, Tanks, Vats and Similar Containers - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global market for iron, steel or aluminium reservoir.

World - Iron, Steel or Aluminium Reservoirs, Tanks, Vats and Similar Containers - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global market for iron, steel or aluminium reservoir.

Latin America and the Caribbean - Iron, Steel or Aluminium Reservoirs, Tanks, Vats and Similar Containers - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for iron, steel or aluminium reservoir in Latin America and the Caribbean.

Africa - Iron, Steel or Aluminium Reservoirs, Tanks, Vats and Similar Containers - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for iron, steel or aluminium reservoir in Africa.

Australia and Oceania - Iron, Steel or Aluminium Reservoirs, Tanks, Vats and Similar Containers - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for iron, steel or aluminium reservoir in Australia and Oceania.

Eastern Asia - Iron, Steel or Aluminium Reservoirs, Tanks, Vats and Similar Containers - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for iron, steel or aluminium reservoir in Eastern Asia.

South-Eastern Asia - Iron, Steel or Aluminium Reservoirs, Tanks, Vats and Similar Containers - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for iron, steel or aluminium reservoir in South-Eastern Asia.

Northern America - Iron, Steel or Aluminium Reservoirs, Tanks, Vats and Similar Containers - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for iron, steel or aluminium reservoir in Northern America.

Southern Asia - Iron, Steel or Aluminium Reservoirs, Tanks, Vats and Similar Containers - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for iron, steel or aluminium reservoir in Southern Asia.

Central Asia - Iron, Steel or Aluminium Reservoirs, Tanks, Vats and Similar Containers - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for iron, steel or aluminium reservoir in Central Asia.

Category
Geography

Nothing found. Please try again.


Browse popular categories

Browse popular regions

Baltics
Eastern Europe