Greece: 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 Greece

In 2020, the Greek 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 three years of growth. In general, consumption showed a pronounced curtailment. The most prominent rate of growth was recorded in 2018 when the market value increased by X% y-o-y. Iron, steel or aluminium reservoir consumption peaked at $X in 2008; however, from 2009 to 2020, consumption remained at a lower figure.

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

In value terms, iron, steel or aluminium reservoir production totaled $X in 2020 estimated in export prices. In general, production continues to indicate a slight downturn. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. As a result, production attained the peak level of $X. from 2019 to 2020, production growth remained at a lower figure.

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

Exports from Greece

Iron, steel or aluminium reservoir exports from Greece contracted rapidly to X tons in 2020, which is down by -X% compared with 2019 figures. Overall, exports saw a abrupt decrease. The growth pace was the most rapid in 2019 with an increase of X% year-to-year. Over the period under review, exports attained the maximum at X tons in 2008; however, from 2009 to 2020, exports stood at a somewhat lower figure.

In value terms, iron, steel or aluminium reservoir exports reduced dramatically to $X in 2020. In general, exports recorded a abrupt contraction. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Exports peaked at $X in 2008; however, from 2009 to 2020, exports remained at a lower figure.

Exports by Country

North Macedonia (X tons) was the main destination for iron, steel or aluminium reservoir exports from Greece, with a X% share of total exports. Moreover, iron, steel or aluminium reservoir exports to North Macedonia exceeded the volume sent to the second major destination, Morocco (X tons), threefold. Turkey (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to North Macedonia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (+X% per year) and Turkey (+X% per year).

In value terms, Morocco ($X), Ghana ($X) and North Macedonia ($X) appeared to be the largest markets for iron, steel or aluminium reservoir exported from Greece worldwide, with a combined X% share of total exports.

Among the main countries of destination, Ghana (+X% per year) recorded the highest growth rate of 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 average export price for iron, steel or aluminium reservoirs, tanks, vats and similar containers stood at $X per ton in 2020, flattening at the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by X% y-o-y. As a result, export price reached the peak level of $X per ton. from 2015 to 2020, the growth in terms of the average export prices failed to regain the momentum.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Ghana ($X per ton), while the average price for exports to North Macedonia ($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 Ghana, 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 Greece

In 2020, after two years of growth, there was significant decline in overseas purchases of iron, steel or aluminium reservoirs, tanks, vats and similar containers, when their volume decreased by -X% to X tons. Over the period under review, imports, however, enjoyed a measured increase. The growth pace was the most rapid in 2008 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. from 2009 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, iron, steel or aluminium reservoir imports shrank to $X in 2020. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. Imports peaked at $X in 2009; however, from 2010 to 2020, imports remained at a lower figure.

Imports by Country

Turkey (X tons), Italy (X tons) and Bulgaria (X tons) were the main suppliers of iron, steel or aluminium reservoir imports to Greece, together accounting for X% of total imports.

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

In value terms, Turkey ($X), Italy ($X) and China ($X) were the largest iron, steel or aluminium reservoir suppliers to Greece, together comprising X% of total imports. Bulgaria, Portugal, Germany and Spain lagged somewhat behind, together comprising a further X recorded the highest growth rate of the value of imports, in terms of the main suppliers 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, rising by X% against the previous year. Overall, the import price, however, recorded a noticeable descent. The pace of growth was the most pronounced in 2009 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. from 2010 to 2020, the growth in terms of the average import prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :