Greece: 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 Greece

In 2020, the Greek market for iron, steel or aluminium reservoirs, tanks, vats and similar containers decreased by X% to $X, falling for the second year in a row after three years of growth. In general, consumption, however, posted a slight increase. As a result, consumption reached the peak level of $X. From 2019 to 2020, the growth of the market remained at a somewhat lower figure.

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

In value terms, iron, steel or aluminium reservoir production stood at $X in 2020 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2020, production growth remained at a lower figure.

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

Exports from Greece

Iron, steel or aluminium reservoir exports from Greece declined rapidly to X units in 2020, waning by X% compared with 2019 figures. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The exports peaked at X units in 2016; however, from 2017 to 2020, the exports remained at a lower figure.

In value terms, iron, steel or aluminium reservoir exports dropped notably to $X in 2020. Overall, exports, however, enjoyed a slight expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2020, the exports failed to regain momentum.

Exports by Country

North Macedonia (X units) was the main destination for iron, steel or aluminium reservoir exports from Greece, accounting for a X% share of total exports. Moreover, iron, steel or aluminium reservoir exports to North Macedonia exceeded the volume sent to the second major destination, Morocco (X units), threefold. The third position in this ranking was taken by Turkey (X units), with a X% share.

From 2012 to 2020, the average annual growth rate of volume to North Macedonia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (X% per year) and Turkey (X% per year).

In value terms, Morocco ($X), Ghana ($X) and North Macedonia ($X) appeared to be the largest markets for iron, steel or aluminium reservoir exported from Greece worldwide, together comprising X% of total exports.

In terms of the main countries of destination, Ghana, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average export price for iron, steel or aluminium reservoirs, tanks, vats and similar containers amounted to $X per unit, remaining constant against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2020, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ghana ($X per unit), while the average price for exports to North Macedonia ($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 Ghana (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 Greece

After two years of growth, supplies from abroad of iron, steel or aluminium reservoirs, tanks, vats and similar containers decreased by X% to X units in 2020. In general, total imports indicated resilient growth from 2012 to 2020: its volume increased at an average annual rate of X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, imports attained the peak of X units, and then fell in the following year.

In value terms, iron, steel or aluminium reservoir imports reduced 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 2018 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2019, and then dropped slightly in the following year.

Imports by Country

Turkey (X units), Italy (X units) and Bulgaria (X units) were the main suppliers of iron, steel or aluminium reservoir imports to Greece, with a combined X% share of total imports. China, Portugal, Spain and Germany lagged somewhat behind, together comprising a further X%.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Portugal (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Italy ($X) and China ($X) constituted the largest iron, steel or aluminium reservoir suppliers to Greece, together comprising X% of total imports. Bulgaria, Portugal, Germany and Spain lagged somewhat behind, together comprising a further X%.

Portugal, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import 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 import price, however, recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2017 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2020, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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