Global Plastic Reservoir Market 2024

Plastic Reservoir Market Size

After six years of growth, the global plastic reservoir market decreased by X% to $X in 2022. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Global consumption peaked at $X in 2021, and then reduced slightly in the following year.

Plastic Reservoir Production

In value terms, plastic reservoir production shrank modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. Over the period under review, global production reached the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Plastic Reservoir Exports

Exports

In 2022, global exports of plastic reservoirs, tanks and vats amounted to X tons, growing by X% compared with 2021 figures. In general, total exports indicated a notable expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2012 indices. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the global exports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, plastic reservoir exports expanded rapidly to $X in 2022. Overall, total exports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the global exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Germany was the largest exporting country with an export of about X tons, which reached X% of total exports. The Netherlands (X tons) ranks second in terms of the total exports with an X% share, followed by France (X%) and Malaysia (X%). The following exporters - Norway (X tons), China (X tons), Italy (X tons), Poland (X tons), Spain (X tons), Austria (X tons), Canada (X tons), South Korea (X tons) and Bahrain (X tons) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to plastic reservoir exports from Germany stood at X%. At the same time, Bahrain (X%), Norway (X%), Poland (X%), the Netherlands (X%), Canada (X%), Spain (X%), Malaysia (X%), China (X%), Italy (X%), Austria (X%) and South Korea (X%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. By contrast, France (X%) illustrated a downward trend over the same period. The Netherlands (X p.p.), Norway (X p.p.), Poland (X p.p.) and Bahrain (X p.p.) significantly strengthened its position in terms of the global exports, while France saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest plastic reservoir supplier worldwide, comprising X% of global exports. The second position in the ranking was held by the Netherlands ($X), with an X% share of global exports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Germany stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (X% per year) and France (X% per year).

Export Prices by Country

The average plastic reservoir export price stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% against the previous year. The global export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Spain ($X per ton), while Bahrain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (X%), while the other global leaders experienced more modest paces of growth.

Plastic Reservoir Imports

Imports

For the eleventh year in a row, the global market recorded growth in overseas purchases of plastic reservoirs, tanks and vats, which increased by X% to X tons in 2022. In general, total imports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2012 indices. The pace of growth was the most pronounced in 2021 when imports increased by X%. Global imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, plastic reservoir imports expanded sharply to $X in 2022. Overall, total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The growth pace was the most rapid in 2021 when imports increased by X%. Global imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

The countries with the highest levels of plastic reservoir imports in 2022 were Belgium (X tons), the Netherlands (X tons), Sweden (X tons), France (X tons), Germany (X tons), the United States (X tons), Canada (X tons), Austria (X tons), the Czech Republic (X tons), Saudi Arabia (X tons), Switzerland (X tons) and the UK (X tons), together accounting for X% of total import. Denmark (X tons) held a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest plastic reservoir importing markets worldwide were the Netherlands ($X), Belgium ($X) and Germany ($X), together comprising X% of global imports.

Among the main importing countries, the Netherlands, with a CAGR of X%, 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

The average plastic reservoir import price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform