Latest Report Update: Jul 10, 2020

World - Tankers - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.

Global Tanker Market Overview 2020

Tanker Market Size

The global tanker market reduced slightly to $X in 2019, waning by -X% against the previous year. Over the period under review, consumption recorded a deep contraction. The pace of growth appeared the most rapid in 2015 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X. From 2016 to 2019, the growth of the global market remained at a somewhat lower figure.

Tanker Production

In value terms, tanker production skyrocketed to $X in 2019 estimated in export prices. Overall, production showed a sharp shrinkage. The pace of growth was the most pronounced in 2015 with an increase of X% y-o-y. As a result, production reached the peak level of $X. From 2016 to 2019, global production growth remained at a lower figure.

Production By Country

The country with the largest volume of tanker production was Japan (X units), comprising approx. X% of total volume. It was followed by Nigeria (X units), with a X% share of total production. The third position in this ranking was occupied by Uganda (X units), with a X% share.

In Japan, tanker production decreased by an average annual rate of -X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: Nigeria (+X% per year) and Uganda (+X% per year).

Tanker Exports

Exports

After two years of growth, overseas shipments of tankers decreased by -X% to X units in 2019. In general, exports faced a dramatic decline. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, exports reached the peak of X units. From 2016 to 2019, the growth of global exports failed to regain the momentum.

In value terms, tanker exports totaled $X in 2019. Overall, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. As a result, exports attained the peak of $X. From 2009 to 2019, the growth of global exports failed to regain the momentum.

Exports by Country

Namibia (X units) and South Korea (X units) were the key exporters of tankers in 2019, finishing at near X% and X% of total exports, respectively. It was distantly followed by Japan (X units), creating a X% share of total exports. China (X units) followed a long way behind the leaders.

From 2007 to 2019, the biggest increases were in South Korea, while shipments for the other global leaders experienced more modest paces of growth.

In value terms, South Korea ($X) remains the largest tanker supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by Japan ($X), with a X% share of global exports. It was followed by China, with a X% share.

In South Korea, tanker exports remained relatively stable over the period from 2007-2019. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (+X% per year) and China (+X% per year).

Export Prices by Country

In 2019, the average tanker export price amounted to $X per unit, growing by X% against the previous year. In general, the export price recorded a significant increase. The most prominent rate of growth was recorded in 2016 an increase of X% year-to-year. As a result, export price reached the peak level of $X per unit. From 2017 to 2019, the growth in terms of the average export prices remained at a lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced a decline in the export price figures.

Tanker Imports

Imports

In 2019, after three years of growth, there was significant decline in overseas purchases of tankers, when their volume decreased by -X% to X units. In general, imports recorded a deep slump. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, global imports hit record highs at X units in 2007; however, from 2008 to 2019, imports remained at a lower figure.

In value terms, tanker imports dropped to $X in 2019. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, global imports attained the peak figure at $X in 2009; however, from 2010 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, Algeria (X units), distantly followed by Panama (X units), Bahamas (X units), Marshall Islands (X units), Portugal (X units) and Liberia (X units) were the key importers of tankers, together making up X% of total imports. New Zealand (X units), Malta (X units) and Mexico (X units) followed a long way behind the leaders.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by New Zealand (+X% per year), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest tanker importing markets worldwide were Marshall Islands ($X), Panama ($X) and Bahamas ($X), together comprising X% of global imports. Liberia, Malta, Algeria, Portugal, Mexico and New Zealand lagged somewhat behind, together comprising a further X the main importing countries, Algeria recorded 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 tanker import price stood at $X per unit in 2019, jumping by X% against the previous year. Over the period under review, the import price recorded a significant increase. The pace of growth was the most pronounced in 2008 when the average import price increased by X% against the previous year. Global import price peaked at $X per unit in 2009; however, from 2010 to 2019, import prices stood at a somewhat lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Bahamas, while the other global leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tankers in the world?
+
Japan (794K units) remains the largest tanker consuming country worldwide, accounting for 89% of total volume. It was followed by Nigeria (25K units), with a 2.8% share of total consumption. Uganda (24K units) ranked third in terms of total consumption with a 2.7% share.
What are the largest producers of tankers in the world?
+
Japan (795K units) constituted the country with the largest volume of tanker production, accounting for 90% of total volume. It was followed by Nigeria (25K units), with a 2.8% share of total production. Uganda (24K units) ranked third in terms of total production with a 2.7% share.
What are the leading exporters of tankers in the world?
+
In value terms, South Korea ($12.4B) remains the largest tanker supplier worldwide, comprising 44% of global exports. The second position in the ranking was occupied by Japan ($6B), with a 21% share of global exports. It was followed by China, with a 21% share.
What are the leading importers of tankers in the world?
+
In value terms, the largest tanker importing markets worldwide were Marshall Islands ($4.4B), Panama ($2.9B) and Bahamas ($2.7B), together comprising 50% of global imports. These countries were followed by Liberia, Malta, Algeria, Portugal, Mexico and New Zealand, which together accounted for a further 21%.
What is the average export price for tankers in the world?
+
The average tanker export price stood at $6,017,946 per unit in 2019, increasing by 81% against the previous year.
What is the average import price for tankers in the world?
+
In 2019, the average tanker import price amounted to $2,028,518 per unit, surging by 20% against the previous year.

Product coverage:
• Prodcom 30112210 - Crude oil tankers
• Prodcom 30112230 - Oil product tankers
• Prodcom 30112250 - Chemical tankers

This report provides an in-depth analysis of the global tanker market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.



Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in World, split by region and country
• Trade (exports and imports) in World
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Physical Terms, By Country, 2007–2019
Table 7:
Imports, In Value Terms, By Country, 2007–2019
Table 8:
Import Prices, By Country Of Destination, 2007–2019
Table 9:
Exports, In Physical Terms, By Country, 2007–2019
Table 10:
Exports, In Value Terms, By Country, 2007–2019
Table 11:
Export Prices, By Country Of Origin, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2019
Figure 17:
Production, In Value Terms, 2007–2019
Figure 18:
Production, By Country, 2019
Figure 19:
Production, In Physical Terms, By Country, 2007–2019
Figure 20:
Imports, In Physical Terms, 2007–2019
Figure 21:
Imports, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, By Country, 2019
Figure 23:
Imports, In Physical Terms, By Country, 2007–2019
Figure 24:
Imports, In Value Terms, By Country, 2007–2019
Figure 25:
Import Prices, By Country, 2007–2019
Figure 26:
Exports, In Physical Terms, 2007–2019
Figure 27:
Exports, In Value Terms, 2007–2019
Figure 28:
Exports, In Physical Terms, By Country, 2019
Figure 29:
Exports, In Physical Terms, By Country, 2007–2019
Figure 30:
Exports, In Value Terms, By Country, 2007–2019
Figure 31:
Export Prices, 2007–2019

Webinar: Global Chicken Meat Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global chicken meat market.



Thursday, September 24th, 2020 @ 10:00 am ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data