Eastern Europe: 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 Eastern Europe

In 2020, the East European market for iron, steel or aluminium reservoirs, tanks, vats and similar containers decreased by -X% to $X, falling for the second year in a row after two years of growth. In general, consumption, however, continues to indicate a mild setback. The pace of growth was the most pronounced in 2008 when the market value increased by X% year-to-year. As a result, consumption attained the peak level of $X. from 2009 to 2020, the growth of the market remained at a lower figure.

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

In value terms, iron, steel or aluminium reservoir production contracted to $X in 2020 estimated in export prices. Over the period under review, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. from 2009 to 2020, production growth remained at a somewhat lower figure.

Production By Country in Eastern Europe

The countries with the highest volumes of iron, steel or aluminium reservoir production in 2020 were Russia (X tons), Poland (X tons) and the Czech Republic (X tons), with a combined X% share of total production. These countries were followed by Hungary, Belarus, Slovakia and Ukraine, which together accounted for a further X 2007 to 2020, the biggest increases were in Hungary, while iron, steel or aluminium reservoir production for the other leaders experienced more modest paces of growth.

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

Exports in Eastern Europe

In 2020, after three years of growth, there was decline in shipments abroad of iron, steel or aluminium reservoirs, tanks, vats and similar containers, when their volume decreased by -X% to X tons. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2019 when exports increased by X% y-o-y. As a result, exports attained the peak of X tons, and then declined modestly in the following year.

In value terms, iron, steel or aluminium reservoir exports contracted to $X in 2020. The total export value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2011 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum at $X in 2019, and then reduced in the following year.

Exports by Country

Poland represented the major exporter of iron, steel or aluminium reservoirs, tanks, vats and similar containers in Eastern Europe, with the volume of exports recording X tons, which was near X% of total exports in 2020. The Czech Republic (X tons) held the second position in the ranking, distantly followed by Estonia (X tons), Belarus (X tons) and Hungary (X tons). All these countries together took near X% share of total exports. The following exporters - Slovakia (X tons) and Lithuania (X tons) - together made up X% of total exports.

From 2007 to 2020, the biggest increases were in Belarus, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the Czech Republic ($X) and Hungary ($X) constituted the countries with the highest levels of exports in 2020, together accounting for X% of total exports. These countries were followed by Estonia, Slovakia, Lithuania and Belarus, which together accounted for a further X the main exporting countries, Estonia saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the export price for iron, steel or aluminium reservoirs, tanks, vats and similar containers in Eastern Europe amounted to $X per ton, reducing by -X% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the export price increased by X% against the previous year. As a result, export price reached the peak level of $X per ton. from 2009 to 2020, the growth in terms of the export prices failed to regain the momentum.

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

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

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

Imports in Eastern Europe

In 2020, imports of iron, steel or aluminium reservoirs, tanks, vats and similar containers in Eastern Europe fell rapidly to X tons, reducing by -X% on the previous year. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. Over the period under review, imports attained the peak figure at X tons in 2019, and then shrank rapidly in the following year.

In value terms, iron, steel or aluminium reservoir imports declined significantly to $X in 2020. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. The level of import peaked at $X in 2019, and then reduced notably in the following year.

Imports by Country

In 2020, Ukraine (X tons), Romania (X tons), Poland (X tons), the Czech Republic (X tons) and Hungary (X tons) was the largest importer of iron, steel or aluminium reservoirs, tanks, vats and similar containers in Eastern Europe, mixing up X% of total import. Bulgaria (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by Slovakia (X%).

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Ukraine, while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Romania ($X) and Hungary ($X) were the countries with the highest levels of imports in 2020, with a combined X% share of total imports.

In terms of the main importing countries, Hungary recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price for iron, steel or aluminium reservoirs, tanks, vats and similar containers in Eastern Europe stood at $X per ton in 2020, standing approx. at the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2008 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2009; however, from 2010 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Hungary ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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