EU: Market for Iron or Steel Cans 2025

Market Size for Iron or Steel Cans in the EU

The EU iron or steel can market contracted to $X in 2021, waning by -11.1% against the previous year. Over the period under review, consumption continues to indicate a perceptible setback. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Production of Iron or Steel Cans in the EU

In value terms, iron or steel can production reduced notably to $X in 2021 estimated in export price. In general, production continues to indicate a deep downturn. The growth pace was the most rapid in 2020 with an increase of 7.7% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Iron or Steel Cans

Exports in the EU

Iron or steel can exports reduced to X units in 2021, with a decrease of -6.8% compared with the previous year's figure. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 14%. The volume of export peaked at X units in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, iron or steel can exports totaled $X in 2021. In general, exports showed a mild contraction. The pace of growth appeared the most rapid in 2018 when exports increased by 13%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X units) and Germany (X units) represented roughly 40% of total exports in 2021. It was distantly followed by the Netherlands (X units), France (X units), Italy (X units), the Czech Republic (X units) and Poland (X units), together comprising a 38% share of total exports. Belgium (X units), Hungary (X units), Denmark (X units), Austria (X units), Slovakia (X units) and Bulgaria (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the Czech Republic (with a CAGR of +13.3%), while the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Germany ($X) and the Netherlands ($X) constituted the countries with the highest levels of exports in 2021, together comprising 52% of total exports. France, Italy, Denmark, Austria, Poland, Belgium, the Czech Republic, Hungary, Slovakia and Bulgaria lagged somewhat behind, together accounting for a further 44%.

In terms of the main exporting countries, the Czech Republic, with a CAGR of +9.1%, recorded 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

The export price in the European Union stood at $X per unit in 2021, jumping by 17% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The level of export peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Austria ($X per unit), while the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+1.6%), while the other leaders experienced more modest paces of growth.

Imports of Iron or Steel Cans

Imports in the EU

After four years of growth, overseas purchases of iron or steel cans decreased by -0.8% to X units in 2021. The total import volume increased at an average annual rate of +1.5% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 11% against the previous year. Over the period under review, imports hit record highs at X units in 2020, and then fell modestly in the following year.

In value terms, iron or steel can imports expanded notably to $X in 2021. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 13% against the previous year. The level of import peaked at $X in 2013; afterwards, it flattened through to 2021.

Imports by Country

The purchases of the four major importers of iron or steel cans, namely Belgium, the Netherlands, France and Germany, represented more than two-thirds of total import. It was distantly followed by Poland (X units) and Portugal (X units), together generating a 14% share of total imports. Ireland (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Ireland (with a CAGR of +28.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Belgium ($X) and France ($X) appeared to be the countries with the highest levels of imports in 2021, together accounting for 54% of total imports. Germany, Poland, Portugal and Ireland lagged somewhat behind, together comprising a further 29%.

Ireland, with a CAGR of +9.5%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per unit, rising by 9% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. Over the period under review, import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Portugal ($X per unit), while Ireland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+0.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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