Australia: Market for Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment 2025

Market Size for Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment in Australia

The Australian market for reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment reached $X in 2022, increasing by 3.5% against the previous year. Over the period under review, consumption showed a prominent expansion. Consumption of peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Production of Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment in Australia

In value terms, production of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment totaled $X in 2022 estimated in export price. In general, production posted a strong expansion. The growth pace was the most rapid in 2016 with an increase of 135% against the previous year. Over the period under review, production of reached the maximum level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Exports of Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment

Exports from Australia

In 2022, the amount of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment exported from Australia expanded notably to X tons, increasing by 6.3% against the previous year. Overall, exports, however, showed a perceptible descent. The pace of growth was the most pronounced in 2018 with an increase of 1,177%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, exports of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment surged to $X in 2022. Over the period under review, exports, however, showed a mild shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 379% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

New Zealand (X tons), Singapore (X tons) and Vanuatu (X tons) were the main destinations of exports of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment from Australia, together comprising 73% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Singapore (with a CAGR of +182.8%), while the other leaders experienced more modest paces of growth.

In value terms, New Zealand ($X), Singapore ($X) and Vanuatu ($X) were the largest markets for reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment exported from Australia worldwide, together accounting for 73% of total exports.

Singapore, with a CAGR of +224.6%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment amounted to $X per ton, surging by 19% against the previous year. Over the period under review, the export price continues to indicate a mild increase. The pace of growth appeared the most rapid in 2016 an increase of 245% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Vanuatu ($X per ton) and Germany ($X per ton), while the average price for exports to Singapore ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment

Imports into Australia

In 2022, purchases abroad of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment increased by 23% to X tons, rising for the second year in a row after two years of decline. Overall, imports, however, continue to indicate a deep downturn. The pace of growth was the most pronounced in 2018 when imports increased by 62% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, imports of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment surged to $X in 2022. Over the period under review, imports, however, showed a abrupt descent. The pace of growth was the most pronounced in 2018 when imports increased by 69%. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment to Australia, accounting for a 67% share of total imports. Moreover, imports of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment from China exceeded the figures recorded by the second-largest supplier, New Zealand (X tons), threefold. The third position in this ranking was held by the United States (X tons), with a 5.5% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at -7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (+54.4% per year) and the United States (-6.8% per year).

In value terms, China ($X) constituted the largest supplier of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment to Australia, comprising 67% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 23% share of total imports. It was followed by the United States, with a 5.5% share.

From 2012 to 2022, the average annual growth rate of value from China totaled -1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (+55.3% per year) and the United States (-9.5% per year).

Import Prices by Country

The average import price for reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment stood at $X per ton in 2022, with a decrease of -4.5% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment decreased by -21.5% against 2019 indices. The pace of growth was the most pronounced in 2013 an increase of 51%. Over the period under review, average import prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Thailand ($X per ton) and the United States ($X per ton), while the price for China ($X per ton) and New Zealand ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :