Czech Republic: Market for Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers 2021

Market Size for Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers in the Czech Republic

The Czech market for iron, steel or aluminium reservoirs, tanks, vats and similar containers expanded sharply to $X in 2020, increasing by X% against the previous year. Overall, consumption, however, saw a noticeable decrease. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. Iron, steel or aluminium reservoir consumption peaked at $X in 2008; however, from 2009 to 2020, consumption stood at a somewhat lower figure.

Production of Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers in the Czech Republic

In value terms, iron, steel or aluminium reservoir production fell modestly to $X in 2020 estimated in export prices. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Iron, steel or aluminium reservoir production peaked at $X in 2008; however, from 2009 to 2020, production stood at a somewhat lower figure.

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

Exports from the Czech Republic

In 2020, the amount of iron, steel or aluminium reservoirs, tanks, vats and similar containers exported from the Czech Republic contracted to X tons, which is down by -X% against the year before. Overall, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2011 when exports increased by X% year-to-year. Exports peaked at X tons in 2019, and then shrank in the following year.

In value terms, iron, steel or aluminium reservoir exports reduced to $X in 2020. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, exports reached the maximum at $X in 2008; however, from 2009 to 2020, exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for iron, steel or aluminium reservoir exports from the Czech Republic, accounting for a X% share of total exports. Moreover, iron, steel or aluminium reservoir exports to Germany exceeded the volume sent to the second major destination, Poland (X tons), threefold. France (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+X% per year) and France (-X% per year).

In value terms, Germany ($X) remains the key foreign market for iron, steel or aluminium reservoir exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was occupied by Poland ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+X% per year) and France (-X% per year).

Export Prices by Country

In 2020, the average export price for iron, steel or aluminium reservoirs, tanks, vats and similar containers amounted to $X per ton, almost unchanged from the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% year-to-year. The export price peaked at $X per ton in 2008; however, from 2009 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Slovakia ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Belgium, while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into the Czech Republic

In 2020, approx. X tons of iron, steel or aluminium reservoirs, tanks, vats and similar containers were imported into the Czech Republic; which is down by -X% against 2019. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2008; however, from 2009 to 2020, imports remained at a lower figure.

In value terms, iron, steel or aluminium reservoir imports declined dramatically to $X in 2020. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. Imports peaked at $X in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Poland (X tons) constituted the largest iron, steel or aluminium reservoir supplier to the Czech Republic, with a X% share of total imports. Moreover, iron, steel or aluminium reservoir imports from Poland exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was occupied by Slovakia (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Poland totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Slovakia (+X% per year).

In value terms, Poland ($X), Germany ($X) and the Netherlands ($X) appeared to be the largest iron, steel or aluminium reservoir suppliers to the Czech Republic, with a combined X% share of total imports.

The Netherlands recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other 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 ton in 2020, which is down by -X% against the previous year. Overall, the import price, however, saw slight growth. The growth pace was the most rapid in 2017 when the average import price increased by X% y-o-y. Over the period under review, average import prices attained the maximum at $X per ton in 2019, and then declined in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the Netherlands ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Austria, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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