Germany: Market for Iron or Steel Cans 2024

Market Size for Iron or Steel Cans in Germany

In 2021, the German iron or steel can market decreased by -17.3% to $X, falling for the seventh year in a row after three years of growth. Overall, consumption, however, showed a noticeable shrinkage. Iron or steel can consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Production of Iron or Steel Cans in Germany

In value terms, iron or steel can production shrank dramatically to $X in 2021 estimated in export price. Overall, production, however, saw a abrupt curtailment. The growth pace was the most rapid in 2018 with an increase of 7.9% against the previous year. Iron or steel can production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Iron or Steel Cans

Exports from Germany

In 2021, the amount of iron or steel cans exported from Germany rose slightly to X units, increasing by 4.9% against 2020. Overall, exports, however, saw a perceptible contraction. The most prominent rate of growth was recorded in 2017 with an increase of 18% against the previous year. The exports peaked 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 expanded remarkably to $X in 2021. In general, exports, however, recorded a noticeable descent. The growth pace was the most rapid in 2020 with an increase of 34% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The Netherlands (X units) was the main destination for iron or steel can exports from Germany, with a 42% share of total exports. Moreover, iron or steel can exports to the Netherlands exceeded the volume sent to the second major destination, Belgium (X units), threefold. The third position in this ranking was taken by France (X units), with a 15% share.

From 2012 to 2021, the average annual growth rate of volume to the Netherlands totaled -3.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-1.2% per year) and France (-1.2% per year).

In value terms, the Netherlands ($X) remains the key foreign market for iron or steel cans exports from Germany, comprising 40% of total exports. The second position in the ranking was taken by France ($X), with a 13% share of total exports. It was followed by Belgium, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the Netherlands totaled -3.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-3.4% per year) and Belgium (-2.7% per year).

Export Prices by Country

The average iron or steel can export price stood at $X per unit in 2021, picking up by 5.8% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 15% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Austria ($X per unit), while the average price for exports to Spain ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Cans

Imports into Germany

In 2021, after two years of growth, there was decline in overseas purchases of iron or steel cans, when their volume decreased by -1.9% to X units. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by 16% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, iron or steel can imports expanded significantly to $X in 2021. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 13%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

The Netherlands (X units), Poland (X units) and Austria (X units) were the main suppliers of iron or steel can imports to Germany, with a combined 54% share of total imports. Spain, Estonia, Italy, Belgium, Turkey, France, Denmark, the UK, Switzerland and Sweden lagged somewhat behind, together comprising a further 39%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +13.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest iron or steel can suppliers to Germany were the Netherlands ($X), Austria ($X) and Poland ($X), with a combined 49% share of total imports. These countries were followed by Spain, Belgium, Estonia, Italy, Turkey, France, Sweden, Switzerland, the UK and Denmark, which together accounted for a further 41%.

In terms of the main suppliers, Belgium, with a CAGR of +21.4%, saw the highest rates of growth with regard to 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 average iron or steel can import price stood at $X per unit in 2021, picking up by 12% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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