Germany: Aluminium Reservoir Market 2024

Aluminium Reservoir Market Size in Germany

The German aluminium reservoir market declined notably to $X in 2022, shrinking by X% against the previous year. Overall, consumption faced a abrupt shrinkage. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Aluminium Reservoir Production in Germany

In value terms, aluminium reservoir production skyrocketed to $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X%. Aluminium reservoir production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Aluminium Reservoir Exports

Exports from Germany

Aluminium reservoir exports from Germany surged to X units in 2022, rising by X% on 2021. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, aluminium reservoir exports declined rapidly to $X in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X units) was the main destination for aluminium reservoir exports from Germany, accounting for a X% share of total exports. Moreover, aluminium reservoir exports to China exceeded the volume sent to the second major destination, Belgium (X units), fourfold. The third position in this ranking was taken by Poland (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to China totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and Poland (X% per year).

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

From 2012 to 2022, the average annual growth rate of value to China totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and Poland (X% per year).

Export Prices by Country

In 2022, the average aluminium reservoir export price amounted to $X per unit, with a decrease of X% against the previous year. In general, the export price showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Aluminium Reservoir Imports

Imports into Germany

In 2022, overseas purchases of aluminium reservoirs, tanks, vats and similar containers increased by X% to X units, rising for the second consecutive year after two years of decline. Overall, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, aluminium reservoir imports dropped markedly to $X in 2022. Over the period under review, imports posted a prominent increase. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then reduced notably in the following year.

Imports by Country

In 2022, the Netherlands (X units) constituted the largest supplier of aluminium reservoir to Germany, with a X% share of total imports. Moreover, aluminium reservoir imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. Turkey (X units) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Turkey (X% per year).

In value terms, the largest aluminium reservoir suppliers to Germany were the Netherlands ($X), Slovakia ($X) and Italy ($X), together accounting for X% of total imports.

The Netherlands, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average aluminium reservoir import price amounted to $X per unit, shrinking by X% against the previous year. Overall, the import price continues to indicate a sharp setback. The growth pace was the most rapid in 2018 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Switzerland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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