Report Latin America and the Caribbean - Iron, Steel or Aluminium Reservoirs, Tanks, Vats and Similar Containers - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Mar 1, 2025

Latin America and the Caribbean - Iron, Steel or Aluminium Reservoirs, Tanks, Vats and Similar Containers - Market Analysis, Forecast, Size, Trends and Insights

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Latin America and the Caribbean: 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 Latin America and the Caribbean

After three years of growth, the Latin American market for iron, steel or aluminium reservoirs, tanks, vats and similar containers decreased by -X% to $X in 2020. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. The level of consumption peaked at $X in 2019, and then fell modestly in the following year.

Production of Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers in Latin America and the Caribbean

In value terms, iron, steel or aluminium reservoir production reached $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when the production volume increased by X% y-o-y. Over the period under review, production attained the peak level in 2020 and is likely to continue growth in the near future.

Production By Country in Latin America and the Caribbean

The countries with the highest volumes of iron, steel or aluminium reservoir production in 2020 were Brazil (X tons), Mexico (X tons) and Argentina (X tons), together comprising X% of total production.

From 2007 to 2020, the most notable rate of growth in terms of iron, steel or aluminium reservoir production, amongst the key producing countries, was attained by Mexico, while iron, steel or aluminium reservoir production for the other leaders experienced more modest paces of growth.

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

Exports in Latin America and the Caribbean

In 2020, after three 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. Over the period under review, exports showed a slight slump. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. As a result, exports attained the peak of X tons. from 2012 to 2020, the growth exports failed to regain the momentum.

In value terms, iron, steel or aluminium reservoir exports contracted dramatically to $X in 2020. Overall, exports recorded a pronounced decrease. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. As a result, exports reached the peak of $X. from 2012 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

Mexico was the key exporter of iron, steel or aluminium reservoirs, tanks, vats and similar containers in Latin America and the Caribbean, with the volume of exports reaching X tons, which was near X% of total exports in 2020. It was distantly followed by Brazil (X tons), mixing up a X% share of total exports. The following exporters - El Salvador (X tons), Guatemala (X tons) and Argentina (X tons) - together made up X% of total exports.

From 2007 to 2020, average annual rates of growth with regard to iron, steel or aluminium reservoir exports from Mexico stood at +X%. At the same time, El Salvador (+X%) and Guatemala (+X%) displayed positive paces of growth. Moreover, El Salvador emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +X% from 2007-2020. By contrast, Brazil (-X%) and Argentina (-X%) illustrated a downward trend over the same period. While the share of Mexico (+X p.p.), El Salvador (+X p.p.) and Guatemala (+X p.p.) increased significantly in terms of the total exports from 2007-2020, the share of Argentina (-X p.p.) and Brazil (-X p.p.) displayed negative dynamics.

In value terms, Mexico ($X) remains the largest iron, steel or aluminium reservoir supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was occupied by Brazil ($X), with a X% share of total exports. It was followed by Argentina, with a X% share.

In Mexico, iron, steel or aluminium reservoir exports increased at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Brazil (-X% per year) and Argentina (-X% per year).

Export Prices by Country

In 2020, the export price for iron, steel or aluminium reservoirs, tanks, vats and similar containers in Latin America and the Caribbean amounted to $X per ton, stabilizing at the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X% year-to-year. Over the period under review, export prices hit record highs at $X per ton in 2011; however, from 2012 to 2020, export prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by El Salvador, while the other leaders experienced more modest paces of growth.

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

Imports in Latin America and the Caribbean

In 2020, after four years of growth, there was significant decline in purchases abroad of iron, steel or aluminium reservoirs, tanks, vats and similar containers, when their volume decreased by -X% to X tons. Total imports indicated a pronounced increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. The volume of import peaked at X tons in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

In value terms, iron, steel or aluminium reservoir imports contracted to $X in 2020. Total imports indicated a temperate increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

Imports by Country

Mexico was the largest importing country with an import of around X tons, which resulted at X% of total imports. Peru (X tons) held an X% share (based on tons) of total imports, which put it in second place, followed by Chile (X%) and Brazil (X%). Colombia (X tons), Guatemala (X tons), El Salvador (X tons), Honduras (X tons), Argentina (X tons), Trinidad and Tobago (X tons), the Dominican Republic (X tons), Ecuador (X tons) and Nicaragua (X tons) followed a long way behind the leaders.

Imports into Mexico increased at an average annual rate of +X% from 2007 to 2020. At the same time, Peru (+X%), Honduras (+X%), El Salvador (+X%), Ecuador (+X%), Nicaragua (+X%), Trinidad and Tobago (+X%), Guatemala (+X%), Chile (+X%), Brazil (+X%), the Dominican Republic (+X%) and Argentina (+X%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +X% from 2007-2020. By contrast, Colombia (-X%) illustrated a downward trend over the same period. While the share of Peru (+X p.p.), Honduras (+X p.p.) and El Salvador (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of Mexico (-X p.p.) and Colombia (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported iron, steel or aluminium reservoirs, tanks, vats and similar containers in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of total imports. It was followed by Peru, with a X% share.

From 2007 to 2020, the average annual growth rate of value in Mexico amounted to +X%. In the other countries, the average annual rates were as follows: Brazil (+X% per year) and Peru (+X% per year).

Import Prices by Country

In 2020, the import price for iron, steel or aluminium reservoirs, tanks, vats and similar containers in Latin America and the Caribbean amounted to $X per ton, dropping by -X% against the previous year. In general, the import price continues to indicate a slight curtailment. The growth pace was the most rapid in 2008 when the import price increased by X% y-o-y. Over the period under review, import prices attained the peak figure at $X per ton in 2009; however, from 2010 to 2020, import prices failed to regain the momentum.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of iron, steel or aluminium reservoir consumption in 2020 were Brazil, Mexico and Argentina, together accounting for 87% of total consumption.
The countries with the highest volumes of iron, steel or aluminium reservoir production in 2020 were Brazil, Mexico and Argentina, together accounting for 91% of total production.
In value terms, Mexico remains the largest iron, steel or aluminium reservoir supplier in Latin America and the Caribbean, comprising 62% of total exports. The second position in the ranking was occupied by Brazil, with a 16% share of total exports. It was followed by Argentina, with a 3.7% share.
In value terms, Mexico constitutes the largest market for imported iron, steel or aluminium reservoirs, tanks, vats and similar containers in Latin America and the Caribbean, comprising 31% of total imports. The second position in the ranking was occupied by Brazil, with a 10% share of total imports. It was followed by Peru, with a 8.3% share.
The export price for iron, steel or aluminium reservoirs, tanks, vats and similar containers in Latin America and the Caribbean stood at $2,300 per ton in 2020, remaining constant against the previous year.
In 2020, the import price for iron, steel or aluminium reservoirs, tanks, vats and similar containers in Latin America and the Caribbean amounted to $3,163 per ton, dropping by -2.2% against the previous year.

This report provides an in-depth analysis of the market for iron, steel or aluminium reservoir in Latin America and the Caribbean. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.

Product coverage:

  • Prodcom 25291110 - Iron or steel reservoirs, tanks, vats and similar containers for gases, of a capacity > .300 litres (excluding compressed or liquefied gas, fitted with mechanical or thermal equipment)
  • Prodcom 25291120 - Iron or steel reservoirs, tanks, vats and similar containers lined or heat-insulated, for liquids, of a capacity > .300 litres (excluding fitted with mechanical or thermal equipment)
  • Prodcom 25291130 - Iron or steel reservoirs, tanks, vats and similar containers for liquids, of a capacity > .300 litres (excluding fitted with mechanical or thermal equipment, lined or heat insulated)
  • Prodcom 25291150 - Iron or steel reservoirs, tanks, vats and similar containers for solids, of a capacity > .300 litres (excluding fitted with mechanical or thermal equipment)
  • Prodcom 25291170 - Aluminium reservoirs, tanks, vats and similar containers for any material (other than compressed or liquefied gas), of a capacity > .300 litres (excluding fitted with mechanical or thermal equipment)
  • Prodcom 25291200 - Containers for compressed or liquefied gas, of metal

Country coverage:

  • Anguilla
  • Antigua and Barbuda
  • Argentina
  • Aruba
  • Bahamas
  • Barbados
  • Belize
  • Bolivia
  • Brazil
  • British Virgin Islands
  • Cayman Islands
  • Chile
  • Colombia
  • Costa Rica
  • Cuba
  • Curacao
  • Dominica
  • Dominican Republic
  • Ecuador
  • El Salvador
  • Falkland Islands (Malvinas)
  • French Guiana
  • Grenada
  • Guadeloupe
  • Guatemala
  • Guyana
  • Haiti
  • Honduras
  • Jamaica
  • Martinique
  • Mexico
  • Montserrat
  • Nicaragua
  • Panama
  • Paraguay
  • Peru
  • Saint Kitts and Nevis
  • Saint Lucia
  • Saint Vincent and the Grenadines
  • Saint Maarten (Dutch part)
  • Suriname
  • Trinidad and Tobago
  • Turks and Caicos Islands
  • United States Virgin Islands
  • Uruguay
  • Venezuela
  • Puerto Rico

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Latin America and the Caribbean, split by region and country
  • Trade (exports and imports) in Latin America and the Caribbean
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Anguilla
    • Antigua and Barbuda
    • Argentina
    • Aruba
    • Bahamas
    • Barbados
    • Belize
    • Bolivia
    • Brazil
    • British Virgin Islands
    • Cayman Islands
    • Chile
    • Colombia
    • Costa Rica
    • Cuba
    • Curacao
    • Dominica
    • Dominican Republic
    • Ecuador
    • El Salvador
    • Falkland Islands (Malvinas)
    • French Guiana
    • Grenada
    • Guadeloupe
    • Guatemala
    • Guyana
    • Haiti
    • Honduras
    • Jamaica
    • Martinique
    • Mexico
    • Montserrat
    • Nicaragua
    • Panama
    • Paraguay
    • Peru
    • Saint Kitts and Nevis
    • Saint Lucia
    • Saint Vincent and the Grenadines
    • Saint Maarten (Dutch part)
    • Suriname
    • Trinidad and Tobago
    • Turks and Caicos Islands
    • United States Virgin Islands
    • Uruguay
    • Venezuela
    • Puerto Rico
  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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