Benelux: 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 Benelux

The Benelux market for iron, steel or aluminium reservoirs, tanks, vats and similar containers rose rapidly to $X in 2020, with an increase of X% against the previous year. Overall, consumption, however, saw a perceptible descent. The level of consumption peaked at $X in 2012; however, from 2013 to 2020, consumption remained at a lower figure.

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

In value terms, iron, steel or aluminium reservoir production totaled $X in 2020 estimated in export price. Over the period under review, production, however, saw a perceptible contraction. The level of production peaked at $X in 2012; however, from 2013 to 2020, production remained at a lower figure.

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

Exports in Benelux

In 2020, approx. X units of iron, steel or aluminium reservoirs, tanks, vats and similar containers were exported in Benelux; with an increase of X% on the previous year's figure. In general, exports saw a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, iron, steel or aluminium reservoir exports soared to $X in 2020. Total exports indicated a remarkable increase from 2012 to 2020: its value increased at an average annual rate of X% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by X% against 2015 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands represented the main exporting country with an export of around X units, which finished at X% of total exports. Belgium (X units) took the second position in the ranking, followed by Luxembourg (X units). All these countries together held near X% share of total exports.

The Netherlands was also the fastest-growing in terms of the iron, steel or aluminium reservoirs, tanks, vats and similar containers exports, with a CAGR of X% from 2012 to 2020. Luxembourg and Belgium experienced a relatively flat trend pattern. The Netherlands (X p.p.) and Luxembourg (X p.p.) significantly strengthened its position in terms of the total exports, while Belgium saw its share reduced by X% from 2012 to 2020, respectively.

In value terms, the Netherlands ($X) remains the largest iron, steel or aluminium reservoir supplier in Benelux, comprising X% of total exports. The second position in the ranking was held by Belgium ($X), with a X% share of total exports.

In the Netherlands, iron, steel or aluminium reservoir exports increased at an average annual rate of X% over the period from 2012-2020. In the other countries, the average annual rates were as follows: Belgium (X% per year) and Luxembourg (X% per year).

Export Prices by Country

In 2020, the export price in Benelux amounted to $X per unit, waning by X% against the previous year. In general, the export price continues to indicate a deep setback. The pace of growth was the most pronounced in 2017 when the export price increased by X%. Over the period under review, the export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2020, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, amid the top suppliers, the country with the highest price was Belgium ($X per unit), while Luxembourg ($X per unit) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Belgium (X%).

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

Imports in Benelux

In 2020, supplies from abroad of iron, steel or aluminium reservoirs, tanks, vats and similar containers decreased by X% to X units, falling for the third consecutive year after four years of growth. The total import volume 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 throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The volume of import peaked at X units in 2017; however, from 2018 to 2020, imports failed to regain momentum.

In value terms, iron, steel or aluminium reservoir imports contracted modestly 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 throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by X%. The level of import peaked at $X in 2018; however, from 2019 to 2020, imports failed to regain momentum.

Imports by Country

The Netherlands was the largest importing country with an import of around X units, which recorded X% of total imports. Belgium (X units) took the second position in the ranking, distantly followed by Luxembourg (X units). All these countries together held approx. X% share of total imports.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the Netherlands ($X), Belgium ($X) and Luxembourg ($X) appeared to be the countries with the highest levels of imports in 2020.

In terms of the main importing countries, the Netherlands, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Benelux stood at $X per unit in 2020, approximately reflecting the previous year. Over the last eight years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2020, the import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2020, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while Luxembourg ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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