Austria: Market for Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers 2024

Market Size for Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers in Austria

The Austrian market for iron, steel or aluminium reservoirs, tanks, vats and similar containers totaled $X in 2020, rising by X% against the previous year. Over the period under review, consumption, however, recorded a slight shrinkage. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2020, consumption stood at a somewhat lower figure.

Production of Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers in Austria

In value terms, iron, steel or aluminium reservoir production contracted to $X in 2020 estimated in export price. Over the period under review, production continues to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2020, production stood at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Exports of Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers

Exports from Austria

In 2020, after two years of growth, there was significant decline in overseas shipments of iron, steel or aluminium reservoirs, tanks, vats and similar containers, when their volume decreased by X% to X units. Overall, exports showed a perceptible descent. The most prominent rate of growth was recorded in 2015 when exports increased by X%. Over the period under review, the exports attained the maximum at X units in 2019, and then declined sharply in the following year.

In value terms, iron, steel or aluminium reservoir exports shrank to $X in 2020. In general, exports saw a noticeable contraction. The pace of growth was the most pronounced in 2018 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2020, the exports failed to regain momentum.

Exports by Country

Germany (X units) was the main destination for iron, steel or aluminium reservoir exports from Austria, with a X% share of total exports. Moreover, iron, steel or aluminium reservoir exports to Germany exceeded the volume sent to the second major destination, the UK (X units), threefold. Italy (X units) ranked third in terms of total exports with an X% share.

From 2012 to 2020, the average annual growth rate of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Italy (X% per year).

In value terms, Germany ($X) remains the key foreign market for iron, steel or aluminium reservoirs, tanks, vats and similar containers exports from Austria, comprising X% of total exports. The second position in the ranking was held by the UK ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of value to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Italy (X% per year).

Export Prices by Country

The average export price for iron, steel or aluminium reservoirs, tanks, vats and similar containers stood at $X per unit in 2020, growing by X% against the previous year. Overall, the export price, however, continues to indicate a mild reduction. Over the period under review, the average export prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2020, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Hungary ($X per unit) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers

Imports into Austria

In 2020, approx. X units of iron, steel or aluminium reservoirs, tanks, vats and similar containers were imported into Austria; almost unchanged from 2019. The total import volume increased at an average annual rate of X% from 2012 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2020, the growth of imports remained at a somewhat lower figure.

In value terms, iron, steel or aluminium reservoir imports expanded significantly to $X in 2020. The total import value increased at an average annual rate of X% over the period from 2012 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2020, imports failed to regain momentum.

Imports by Country

Germany (X units), Poland (X units) and Italy (X units) were the main suppliers of iron, steel or aluminium reservoir imports to Austria, together comprising X% of total imports. The Czech Republic, Israel, Slovakia, Hungary, Turkey, Slovenia, Switzerland, France, Croatia and China lagged somewhat behind, together comprising a further X%.

From 2012 to 2020, the biggest increases were recorded for Israel (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of iron, steel or aluminium reservoirs, tanks, vats and similar containers to Austria, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by Poland, with an X% share.

From 2012 to 2020, the average annual rate of growth in terms of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Poland (X% per year).

Import Prices by Country

In 2020, the average import price for iron, steel or aluminium reservoirs, tanks, vats and similar containers amounted to $X per unit, with an increase of X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2015 to 2020, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was Slovenia ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Croatia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :