Iceland: Market for Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers 2019

Market Size for Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers in Iceland

The revenue of the market for iron, steel or aluminium reservoirs, tanks, vats and similar containers in Iceland amounted to $X in 2018, going up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption of iron, steel or aluminium reservoirs, tanks, vats and similar containers continues to indicate a deep slump. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. In that year, the market for iron, steel or aluminium reservoir reached its peak level of $X. From 2014 to 2018, the growth of the market for iron, steel or aluminium reservoir failed to regain its momentum.

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

Exports from Iceland

Exports of iron, steel or aluminium reservoirs, tanks, vats and similar containers from Iceland amounted to X tons in 2018, rising by X% against the previous year. Over the period under review, exports of iron, steel or aluminium reservoirs, tanks, vats and similar containers continue to indicate a buoyant expansion. The growth pace was the most rapid in 2018 when exports increased by X% y-o-y. In that year, exports of iron, steel or aluminium reservoirs, tanks, vats and similar containers attained their peak and are likely to continue its growth in the immediate term.

In value terms, exports of iron, steel or aluminium reservoirs, tanks, vats and similar containers amounted to $X in 2018. Overall, exports of iron, steel or aluminium reservoirs, tanks, vats and similar containers continue to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. In that year, exports of iron, steel or aluminium reservoirs, tanks, vats and similar containers attained their peak and are likely to continue its growth in the immediate term.

Exports by Country

In 2018, China (X tons), followed by the U.S. (X tons), Thailand (X tons), Poland (X tons), Germany (X tons) and Italy (X tons) were the largest exporters of iron, steel or aluminium reservoirs, tanks, vats and similar containers, together making up X% of total exports. Turkey (X tons), Spain (X tons), the Czech Republic (X tons), Mexico (X tons), South Korea (X tons) and India (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Thailand, while the other leaders experienced more modest paces of growth.

In value terms, the largest iron, steel or aluminium reservoir markets from Iceland were China ($X), the U.S. ($X) and Germany ($X), together accounting for X% of total exports. Italy, Poland, South Korea, the Czech Republic, Spain, Thailand, Turkey, India, Mexico and Iceland lagged somewhat behind, together accounting for a further X experienced the highest rates of growth with regard to exports, among the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price for iron, steel or aluminium reservoirs, tanks, vats and similar containers in Iceland stood at $X per ton in 2018, jumping by X% against the previous year. In general, the export price for iron, steel or aluminium reservoirs, tanks, vats and similar containers continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2018 an increase of X% y-o-y. In that year, the export prices for iron, steel or aluminium reservoirs, tanks, vats and similar containers attained their peak level and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Thailand, while the other leaders experienced more modest paces of growth.

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

Imports into Iceland

In 2018, the imports of iron, steel or aluminium reservoirs, tanks, vats and similar containers into Iceland stood at X tons, picking up by X% against the previous year. In general, imports of iron, steel or aluminium reservoirs, tanks, vats and similar containers, however, continue to indicate a deep curtailment. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. In that year, imports of iron, steel or aluminium reservoirs, tanks, vats and similar containers attained their peak of X tons. From 2014 to 2018, the growth of imports of iron, steel or aluminium reservoirs, tanks, vats and similar containers remained at a lower figure.

In value terms, imports of iron, steel or aluminium reservoirs, tanks, vats and similar containers stood at $X in 2018. Over the period under review, imports of iron, steel or aluminium reservoirs, tanks, vats and similar containers, however, continue to indicate a drastic drop. The pace of growth appeared the most rapid in 2013 when imports increased by X% year-to-year. In that year, imports of iron, steel or aluminium reservoirs, tanks, vats and similar containers reached their peak of $X. From 2014 to 2018, the growth of imports of iron, steel or aluminium reservoirs, tanks, vats and similar containers remained at a somewhat lower figure.

Imports by Country

In 2018, the U.S. (X tons), followed by South Korea (X tons) and Germany (X tons) represented the key importers of iron, steel or aluminium reservoirs, tanks, vats and similar containers, together committing X% of total imports. France (X tons), Thailand (X tons), Canada (X tons), Mexico (X tons), the UK (X tons), China (X tons), Spain (X tons), the Netherlands (X tons) and Japan (X tons) occupied a relatively small share of total imports.

Imports into the U.S. increased at an average annual rate of +X% from 2007 to 2018. At the same time, South Korea (+X%), Mexico (+X%), Thailand (+X%), Spain (+X%), China (+X%), France (+X%), the Netherlands (+X%), the UK (+X%) and Canada (+X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Germany experienced a relatively flat trend pattern. By contrast, Japan (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of the U.S., South Korea, Thailand and Mexico increased by +X%, +X%, +X% and +X% percentage points, while Japan (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported iron, steel or aluminium reservoirs, tanks, vats and similar containers into Iceland, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by China, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in the U.S. totaled +X%. In the other countries, the average annual rates were as follows: Germany (+X% per year) and China (+X% per year).

Import Prices by Country

In 2018, the import price for iron, steel or aluminium reservoirs, tanks, vats and similar containers in Iceland amounted to $X per ton, increasing by X% against the previous year. Overall, the import price for iron, steel or aluminium reservoirs, tanks, vats and similar containers, however, continues to indicate a slight descent. The pace of growth was the most pronounced in 2013 an increase of X% year-to-year. Over the period under review, the import prices for iron, steel or aluminium reservoirs, tanks, vats and similar containers attained their maximum at $X per ton in 2010; however, from 2011 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform