Global Aluminium Reservoirs Market Overview 2020

Aluminium Reservoirs Market Size

In 2019, after three years of growth, there was decline in the global aluminium reservoirs market, when its value decreased by X% to $X. Overall, the total consumption indicated a noticeable increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2009 indices. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. Global consumption peaked at $X in 2018, and then dropped modestly in the following year.

Aluminium Reservoirs Production

In value terms, aluminium reservoirs production reached $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when the production volume increased by X% year-to-year. Global production peaked in 2019 and is expected to retain growth in years to come.

Production By Country

China (X units) constituted the country with the largest volume of aluminium reservoirs production, comprising approx. X% of total volume. Moreover, aluminium reservoirs production in China exceeded the figures recorded by the second-largest producer, the U.S. (X units), threefold. The third position in this ranking was occupied by Italy (X units), with a X% share.

From 2007 to 2019, the average annual growth rate of volume in China was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: the U.S. (-X% per year) and Italy (+X% per year).

Aluminium Reservoirs Exports

Exports

In 2019, global exports of aluminium reservoirs, tanks and vats shrank to X units, dropping by -X% on the previous year. In general, exports recorded a mild curtailment. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Global exports peaked at X units in 2008; however, from 2009 to 2019, exports failed to regain the momentum.

In value terms, aluminium reservoirs exports declined modestly to $X in 2019. Over the period under review, total exports indicated modest growth from 2007 to 2019: its value decreased at an average annual rate of -X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. As a result, exports attained the peak of $X, and then reduced slightly in the following year.

Exports by Country

In 2019, Taiwan, Chinese (X units), distantly followed by Germany (X units), the Netherlands (X units), the U.S. (X units), Turkey (X units), China (X units) and Italy (X units) were the main exporters of aluminium reservoirs, tanks and vats, together creating X% of total exports. The following exporters - the United Arab Emirates (X units), the UK (X units), France (X units), Poland (X units) and Canada (X units) - together made up X% of total exports.

Taiwan, Chinese was also the fastest-growing in terms of the aluminium reservoirs, tanks and vats exports, with a CAGR of +X% from 2007 to 2019. At the same time, Turkey (+X%), the United Arab Emirates (+X%) and Canada (+X%) displayed positive paces of growth. Poland, Italy and China experienced a relatively flat trend pattern. By contrast, the UK (-X%), the U.S. (-X%), France (-X%), Germany (-X%) and the Netherlands (-X%) illustrated a downward trend over the same period. Taiwan, Chinese (+X p.p.), Turkey (+X p.p.), the United Arab Emirates (+X p.p.) and Canada (+X p.p.) significantly strengthened its position in terms of the global exports, while the UK, France, the U.S., Germany and the Netherlands saw its share reduced by -X%, -X%, -X%, -X% and -X% from 2007 to 2019, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Taiwan, Chinese ($X), the Netherlands ($X) and Germany ($X) constituted the countries with the highest levels of exports in 2019, with a combined X% share of global exports.

Taiwan, Chinese saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average aluminium reservoirs export price stood at $X per unit in 2019, remaining relatively unchanged against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, average export prices hit record highs in 2019 and is expected to retain growth in years to come.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.

Aluminium Reservoirs Imports

Imports

In 2019, the amount of aluminium reservoirs, tanks and vats imported worldwide fell to X units, with a decrease of -X% against the previous year. Overall, imports saw a pronounced contraction. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Global imports peaked at X units in 2007; however, from 2008 to 2019, imports remained at a lower figure.

In value terms, aluminium reservoirs imports contracted to $X in 2019. Over the period under review, imports continue to indicate a perceptible decline. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Over the period under review, global imports attained the peak figure at $X in 2013; however, from 2014 to 2019, imports remained at a lower figure.

Imports by Country

The countries with the highest levels of aluminium reservoirs imports in 2019 were Saudi Arabia (X units), Germany (X units), the U.S. (X units), France (X units), South Korea (X units), Canada (X units), India (X units), Poland (X units) and Russia (X units), together accounting for X% of total import. The following importers - the UK (X units), Austria (X units) and Romania (X units) - each finished at a X% share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Romania, while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest aluminium reservoirs importing markets worldwide were India ($X), Germany ($X) and the U.S. ($X), together comprising X% of global imports. France, Canada, South Korea, Russia, Poland, Austria, Saudi Arabia, the UK and Romania lagged somewhat behind, together comprising a further X terms of the main importing countries, Romania saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average aluminium reservoirs import price amounted to $X per unit, dropping by -X% against the previous year. Over the last twelve-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2018 an increase of X% y-o-y. As a result, import price attained the peak level of $X per unit, and then declined in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was India ($X per unit), while Saudi Arabia ($X per unit) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by India, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for aluminium reservoirs, tanks and vats in the world?

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China (44M units) remains the largest aluminium reservoirs consuming country worldwide, accounting for 22% of total volume. Moreover, aluminium reservoirs consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (16M units), threefold. The third position in this ranking was occupied by Italy (16M units), with a 7.8% share.

What are the largest producers of aluminium reservoirs, tanks and vats in the world?

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China (44M units) constituted the country with the largest volume of aluminium reservoirs production, accounting for 21% of total volume. Moreover, aluminium reservoirs production in China exceeded the figures recorded by the second-largest producer, the U.S. (17M units), threefold. Italy (16M units) ranked third in terms of total production with a 7.9% share.

What are the leading suppliers of aluminium reservoirs, tanks and vats in the world?

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In value terms, Taiwan, Chinese ($48M), the Netherlands ($29M) and Germany ($25M) were the countries with the highest levels of exports in 2019, together comprising 48% of global exports.

What are the leading importers of aluminium reservoirs, tanks and vats in the world?

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In value terms, India ($13M), Germany ($11M) and the U.S. ($11M) were the countries with the highest levels of imports in 2019, together comprising 27% of global imports. These countries were followed by France, Canada, South Korea, Russia, Poland, Austria, Saudi Arabia, the UK and Romania, which together accounted for a further 33%.

What is the average export price for aluminium reservoirs, tanks and vats in the world?

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The average aluminium reservoirs export price stood at $13 per unit in 2019, almost unchanged from the previous year.

What is the average import price for aluminium reservoirs, tanks and vats in the world?

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In 2019, the average aluminium reservoirs import price amounted to $13 per unit, waning by -8.3% against the previous year.