Overview of the Global Market for Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers

Market Size for Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers

The global market for iron, steel or aluminium reservoirs, tanks, vats and similar containers was estimated at $X in 2020, therefore, remained relatively stable against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2020; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the market value increased by X% against the previous year. Over the period under review, the global market reached the maximum level at $X in 2018; however, from 2019 to 2020, consumption failed to regain momentum.

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

In value terms, iron, steel or aluminium reservoir production expanded modestly to $X in 2020 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2020; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, global production attained the peak level in 2020 and is expected to retain growth in the immediate term.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

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

Exports

For the fifth year in a row, the global market recorded growth in shipments abroad of iron, steel or aluminium reservoirs, tanks, vats and similar containers, which increased by X% to X units in 2020. The total export volume increased at an average annual rate of X% from 2012 to 2020; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, the global exports reached the maximum in 2020 and are likely to continue growth in years to come.

In value terms, iron, steel or aluminium reservoir exports fell slightly to $X in 2020. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the global exports hit record highs at $X in 2014; however, from 2015 to 2020, the exports failed to regain momentum.

Exports by Country

In 2020, China (X units) was the largest exporter of iron, steel or aluminium reservoirs, tanks, vats and similar containers, achieving X% of total exports. Poland (X units) held the second position in the ranking, followed by Thailand (X units), Turkey (X units), South Korea (X units), the United States (X units) and Italy (X units). All these countries together took near X% share of total exports. The following exporters - Germany (X units), the Czech Republic (X units), Spain (X units), Mexico (X units), the Netherlands (X units) and the UK (X units) - together made up X% of total exports.

Exports from China increased at an average annual rate of X% from 2012 to 2020. At the same time, the Netherlands (X%), Turkey (X%), Thailand (X%), Poland (X%) and South Korea (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2020. Mexico, Spain, the Czech Republic, Italy and the UK experienced a relatively flat trend pattern. By contrast, Germany (X%) and the United States (X%) illustrated a downward trend over the same period. From 2012 to 2020, the share of China, Thailand, Turkey and the Netherlands increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest iron, steel or aluminium reservoir supplying countries worldwide were China ($X), the United States ($X) and Italy ($X), together accounting for X% of global exports. Germany, South Korea, Poland, the Czech Republic, Turkey, Thailand, the UK, the Netherlands, Spain and Mexico lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, the Netherlands, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for iron, steel or aluminium reservoirs, tanks, vats and similar containers stood at $X per unit in 2020, which is down by X% against the previous year. Overall, the export price saw a mild curtailment. The growth pace was the most rapid in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2014; however, from 2015 to 2020, the export prices stood at a somewhat lower figure.

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

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by the United States (X%), while the other global leaders experienced more modest paces of growth.

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

Imports

For the third consecutive year, the global market recorded decline in overseas purchases of iron, steel or aluminium reservoirs, tanks, vats and similar containers, which decreased by X% to X units in 2020. Overall, imports continue to indicate a mild curtailment. The pace of growth appeared the most rapid in 2017 when imports increased by X%. As a result, imports attained the peak of X units. From 2018 to 2020, the growth of global imports remained at a lower figure.

In value terms, iron, steel or aluminium reservoir imports dropped to $X in 2020. In general, imports saw a mild contraction. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, global imports hit record highs at $X in 2014; however, from 2015 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, the United States (X units), followed by Germany (X units) represented the major importers of iron, steel or aluminium reservoirs, tanks, vats and similar containers, together comprising X% of total imports. The following importers - South Korea (X units), Canada (X units), France (X units), the UK (X units), Mexico (X units), the Philippines (X units), China (X units), the Netherlands (X units), Thailand (X units), Nigeria (X units) and Italy (X units) - together made up X% of total imports.

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

In value terms, the largest iron, steel or aluminium reservoir importing markets worldwide were the United States ($X), Germany ($X) and South Korea ($X), together accounting for X% of global imports. China, Canada, France, the UK, the Netherlands, Mexico, Italy, Thailand, Nigeria and the Philippines lagged somewhat behind, together accounting for a further X%.

The Philippines, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global 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, approximately equating the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X%. Global import price peaked at $X per unit in 2014; however, from 2015 to 2020, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :