Germany: 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 Germany

The German market for iron, steel or aluminium reservoirs, tanks, vats and similar containers declined to $X in 2020, waning by -X% against the previous year. Overall, consumption saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X. from 2009 to 2020, the growth of the market failed to regain the momentum.

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

In value terms, iron, steel or aluminium reservoir production reduced modestly to $X in 2020 estimated in export prices. In general, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. As a result, production attained the peak level of $X. from 2009 to 2020, production growth remained at a lower figure.

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

Exports from Germany

In 2020, after four years of growth, there was significant decline in shipments abroad of iron, steel or aluminium reservoirs, tanks, vats and similar containers, when their volume decreased by -X% to X tons. Overall, exports recorded a mild slump. The most prominent rate of growth was recorded in 2011 when exports increased by X% against the previous year. Exports peaked at X tons in 2013; however, from 2014 to 2020, exports remained at a lower figure.

In value terms, iron, steel or aluminium reservoir exports shrank sharply to $X in 2020. Over the period under review, exports saw a mild setback. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-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

France (X tons), the Netherlands (X tons) and Switzerland (X tons) were the main destinations of iron, steel or aluminium reservoir exports from Germany, with a combined X% share of total exports.

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

In value terms, the largest markets for iron, steel or aluminium reservoir exported from Germany were Switzerland ($X), the Netherlands ($X) and Austria ($X), with a combined X% share of total exports. France, the U.S., the UK, Belgium, Poland, Denmark, Russia, Italy, the Czech Republic and Norway lagged somewhat behind, together accounting for a further X recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

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, picking up by X% against the previous year. Overall, the export price saw a relatively flat trend pattern. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was the U.S. ($X per ton), while the average price for exports to Norway ($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 the Czech Republic, 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 Germany

In 2020, the amount of iron, steel or aluminium reservoirs, tanks, vats and similar containers imported into Germany declined remarkably to X tons, dropping by -X% compared with the previous year. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons, and then fell sharply in the following year.

In value terms, iron, steel or aluminium reservoir imports dropped remarkably to $X in 2020. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X% y-o-y. As a result, imports attained the peak of $X, and then shrank significantly in the following year.

Imports by Country

The Czech Republic (X tons), Poland (X tons) and Israel (X tons) were the main suppliers of iron, steel or aluminium reservoir imports to Germany, together accounting for X% of total imports. Italy, China, Turkey, Austria, France, Spain, Switzerland, Hungary and Bosnia and Herzegovina lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in Bosnia and Herzegovina, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Israel ($X), the Czech Republic ($X) and Poland ($X) were the largest iron, steel or aluminium reservoir suppliers to Germany, with a combined X% share of total imports. Italy, Austria, China, France, Turkey, Switzerland, Hungary, Spain and Bosnia and Herzegovina lagged somewhat behind, together comprising a further X the main suppliers, Bosnia and Herzegovina 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

In 2020, the average import price for iron, steel or aluminium reservoirs, tanks, vats and similar containers amounted to $X per ton, surging by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2009; however, from 2010 to 2020, import prices failed to regain the momentum.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :