Eastern Asia - Aluminium Reservoirs, Tanks And Vats - Market Analysis, Forecast, Size, Trends And Insights

Eastern Asia: Aluminium Reservoirs Market Overview 2019

Aluminium Reservoirs Market Size in Eastern Asia

The revenue of the aluminium reservoirs market in Eastern Asia amounted to $X in 2018, jumping by X% against the previous year. The total market indicated a significant growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the aluminium reservoirs consumption decreased by -X% against 2016 indices. The pace of growth appeared the most rapid in 2016, with an increase of X% against the previous year. In that year, the aluminium reservoirs market reached its peak level of $X. From 2017 to 2018, the growth of the aluminium reservoirs market remained at a somewhat lower figure.

Aluminium Reservoirs Production in Eastern Asia

In value terms, aluminium reservoirs production amounted to $X in 2018 estimated in export prices. Overall, aluminium reservoirs production continues to indicate a strong expansion. The pace of growth was the most pronounced in 2010, with an increase of X% year-to-year. Over the period under review, aluminium reservoirs production attained its maximum level at $X in 2011; however, from 2012 to 2018, production remained at a lower figure.

Aluminium Reservoirs Exports

Exports in Eastern Asia

In 2018, the amount of aluminium reservoirs, tanks and vats exported in Eastern Asia stood at X tonnes, increasing by X% against the previous year. Overall, aluminium reservoirs exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, with an increase of X% year-to-year. Over the period under review, aluminium reservoirs exports reached their maximum at X tonnes in 2013; however, from 2014 to 2018, exports remained at a lower figure.

In value terms, aluminium reservoirs exports amounted to $X in 2018. The total exports indicated a moderate increase from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018, when exports increased by X% y-o-y. The level of exports peaked at $X in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

Exports by Country

China was the main exporting country with an export of about X tonnes, which accounted for X% of total exports. China, Hong Kong SAR (X tonnes) ranks second in terms of the total exports with a X% share, followed by Japan (X%). South Korea (X tonnes) followed a long way behind the leaders.

China experienced a relatively flat trend pattern of aluminium reservoirs, tanks and vats exports. At the same time, China, Hong Kong SAR (+X%) displayed positive paces of growth. Moreover, China, Hong Kong SAR emerged as the fastest growing exporter in Eastern Asia, with a CAGR of +X% from 2007-2018. By contrast, Japan (-X%) and South Korea (-X%) illustrated a downward trend over the same period. While the share of South Korea (X%), China (X%) and Japan (X%) increased significantly in terms of the global exports from 2007-2018, the share of China, Hong Kong SAR (-X%) displayed negative dynamics.

In value terms, China ($X) remains the largest aluminium reservoirs supplier in Eastern Asia, comprising X% of total aluminium reservoirs exports. The second position in the ranking was occupied by Japan ($X), with a X% share of total exports. It was followed by China, Hong Kong SAR, with a X% share.

In China, aluminium reservoirs exports increased at an average annual rate of +X% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (+X% per year) and China, Hong Kong SAR (+X% per year).

Export Prices by Country

In 2018, the aluminium reservoirs export price in Eastern Asia amounted to $X per tonne, jumping by X% against the previous year. The export price indicated a perceptible increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the aluminium reservoirs export price increased by +X% against 2011 indices. The pace of growth was the most pronounced in 2012, when the export price increased by X% against the previous year. The level of export price peaked at $X per tonne in 2010; however, from 2011 to 2018, export prices failed to regain their momentum.

Export prices varied noticeably by the country of origin; the country with the highest export price was Japan ($X per tonne), while China, Hong Kong SAR ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by Japan, while the other leaders experienced more modest paces of growth.

Aluminium Reservoirs Imports

Imports in Eastern Asia

In 2018, the amount of aluminium reservoirs, tanks and vats imported in Eastern Asia stood at X tonnes, going down by -X% against the previous year. Overall, aluminium reservoirs imports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2011, when imports increased by X% against the previous year. Over the period under review, aluminium reservoirs imports reached their maximum at X tonnes in 2013; however, from 2014 to 2018, imports stood at a somewhat lower figure.

In value terms, aluminium reservoirs imports stood at $X in 2018. Overall, aluminium reservoirs imports, however, continue to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2011, when imports increased by X% against the previous year. The level of imports peaked at $X in 2013; however, from 2014 to 2018, imports failed to regain their momentum.

Imports by Country

South Korea was the key importer of aluminium reservoirs, tanks and vats in Eastern Asia, with the volume of imports amounting to X tonnes, which was approx. X% of total imports in 2018. China (X tonnes) ranks second in terms of the total imports with a X% share, followed by Japan (X%). Taiwan, Chinese (X tonnes) occupied a little share of total imports.

South Korea experienced a relatively flat trend pattern of aluminium reservoirs, tanks and vats imports. At the same time, Taiwan, Chinese (+X%), China (+X%) and Japan (+X%) displayed positive paces of growth. Moreover, Taiwan, Chinese emerged as the fastest growing importer in Eastern Asia, with a CAGR of +X% from 2007-2018. Taiwan, Chinese (-X%), South Korea (-X%), Japan (-X%) and China (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Korea ($X) constitutes the largest market for imported aluminium reservoirs, tanks and vats in Eastern Asia, comprising X% of total aluminium reservoirs imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in South Korea was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: China (+X% per year) and Japan (+X% per year).

Import Prices by Country

In 2018, the aluminium reservoirs import price in Eastern Asia amounted to $X per kg, picking up by X% against the previous year. Overall, the aluminium reservoirs import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when the import price increased by X% year-to-year. Over the period under review, the import prices for aluminium reservoirs, tanks and vats attained their peak figure at $X per kg in 2016; however, from 2017 to 2018, import prices remained at a lower figure.

Import prices varied noticeably by the country of destination; the country with the highest import price was Taiwan, Chinese ($X per kg), while Japan ($X per kg) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by Taiwan, Chinese, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform