Europe: Market for Iron or Steel Cans 2025

Market Size for Iron or Steel Cans in Europe

The Europe iron or steel can market shrank to $X in 2021, falling by -7.3% against the previous year. Over the period under review, consumption saw a pronounced contraction. The most prominent rate of growth was recorded in 2018 when the market value increased by 8%. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Production of Iron or Steel Cans in Europe

In value terms, iron or steel can production reduced dramatically to $X in 2021 estimated in export price. Overall, production continues to indicate a deep reduction. The growth pace was the most rapid in 2018 with an increase of 5.5% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Iron or Steel Cans

Exports in Europe

In 2021, exports of iron or steel cans in Europe reduced to X units, declining by -8% compared with 2020. Over the period under review, exports recorded a mild shrinkage. The most prominent rate of growth was recorded in 2017 when exports increased by 13%. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, iron or steel can exports rose rapidly to $X in 2021. Overall, exports saw a mild reduction. The pace of growth was the most pronounced in 2017 when exports increased by 14% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Spain (X units) and Germany (X units) represented roughly 36% of total exports in 2021. The Netherlands (X units) took the next position in the ranking, followed by France (X units), Italy (X units), the UK (X units) and the Czech Republic (X units). All these countries together held near 37% share of total exports. Poland (X units), Belgium (X units), Hungary (X units), Denmark (X units), Austria (X units) and Slovakia (X units) took a little share of total exports.

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, the largest iron or steel can supplying countries in Europe were Spain ($X), Germany ($X) and the Netherlands ($X), together accounting for 47% of total exports. These countries were followed by France, Italy, the UK, Denmark, Austria, Poland, Belgium, the Czech Republic, Hungary and Slovakia, which together accounted for a further 44%.

The Czech Republic, with a CAGR of +9.1%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Europe amounted to $X per unit, increasing by 18% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. Over the period under review, the export prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2021, the export prices remained at a 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 Europe

In 2021, the amount of iron or steel cans imported in Europe reached X units, leveling off at 2020. 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 in certain years. The pace of growth was the most pronounced in 2018 when imports increased by 17% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, iron or steel can imports expanded remarkably to $X in 2021. Over the period under review, imports recorded modest growth. The pace of growth was the most pronounced in 2018 when imports increased by 17%. Over the period under review, imports hit record highs at $X in 2013; afterwards, it flattened through to 2021.

Imports by Country

The countries with the highest levels of iron or steel can imports in 2021 were Belgium (X units), the Netherlands (X units), France (X units) and Germany (X units), together finishing at 64% of total import. It was distantly followed by Poland (X units) and Portugal (X units), together constituting a 13% share of total imports. The UK (X units), Ireland (X units), Denmark (X units), Romania (X units) and Spain (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 key 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 comprising 49% of total imports. These countries were followed by Germany, Poland, Portugal, the UK, Denmark, Spain, Romania and Ireland, which together accounted for a further 37%.

Ireland, with a CAGR of +9.5%, recorded the highest growth rate of 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

The import price in Europe stood at $X per unit in 2021, surging by 8.9% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The level of import peaked 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 Denmark ($X per unit), while Ireland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+1.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform