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

World - Iron, Steel or Aluminium Reservoirs, Tanks, Vats and Similar Containers - Market Analysis, Forecast, Size, Trends and Insights

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Overview of the Global Market for Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers

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

The global market for iron, steel or aluminium reservoirs, tanks, vats and similar containers totaled $X in 2020, therefore, remained relatively stable against the previous year. Overall, consumption saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the market value increased by X% y-o-y. Global consumption peaked at $X in 2018; however, from 2019 to 2020, consumption failed to regain the momentum.

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

In value terms, iron, steel or aluminium reservoir production amounted to $X in 2020 estimated in export prices. In general, production showed a modest expansion. The pace of growth was the most pronounced in 2011 when the production volume increased by X% year-to-year. Over the period under review, global production attained the maximum level in 2020 and is expected to retain growth in the near future.

Production By Country

China (X tons) constituted the country with the largest volume of iron, steel or aluminium reservoir production, accounting for X% of total volume. Moreover, iron, steel or aluminium reservoir production in China exceeded the figures recorded by the second-largest producer, the U.S. (X tons), twofold. India (X tons) ranked third in terms of total production with a X% share.

From 2007 to 2020, the average annual growth rate of volume in China amounted to +X%. In the other countries, the average annual rates were as follows: the U.S. (+X% per year) and India (+X% per year).

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

Exports

In 2020, the amount of iron, steel or aluminium reservoirs, tanks, vats and similar containers exported worldwide stood at X tons, approximately mirroring the year before. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, global exports reached the maximum in 2020 and are likely to see gradual growth in the immediate term.

In value terms, iron, steel or aluminium reservoir exports shrank slightly to $X in 2020. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 when exports increased by X% against the previous year. Global exports peaked at $X in 2014; however, from 2015 to 2020, exports failed to regain the momentum.

Exports by Country

China was the main exporter of iron, steel or aluminium reservoirs, tanks, vats and similar containers in the world, with the volume of exports finishing at X tons, which was approx. X% of total exports in 2020. It was distantly followed by Poland (X tons), Thailand (X tons), Turkey (X tons), South Korea (X tons), the U.S. (X tons) and Italy (X tons), together constituting a X% share of total exports. Germany (X tons), the Czech Republic (X tons), Spain (X tons), Mexico (X tons), the Netherlands (X tons) and the UK (X tons) followed a long way behind the leaders.

From 2007 to 2020, average annual rates of growth with regard to iron, steel or aluminium reservoir exports from China stood at +X%. At the same time, Thailand (+X%), Turkey (+X%), the Netherlands (+X%), Poland (+X%) and Mexico (+X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2020. The Czech Republic, Spain and Italy experienced a relatively flat trend pattern. By contrast, the U.S. (-X%), South Korea (-X%), the UK (-X%) and Germany (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.), Thailand (+X p.p.) and Turkey (+X p.p.) increased significantly in terms of the global exports from 2007-2020, the share of Italy (-X p.p.), Germany (-X p.p.), the U.S. (-X p.p.) and South Korea (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), the U.S. ($X) and Italy ($X) were the countries with the highest levels of exports in 2020, together accounting for X% of global exports. These countries were followed by Germany, South Korea, Poland, the Czech Republic, Turkey, Thailand, the UK, the Netherlands, Spain and Mexico, which together accounted for a further X saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global 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, declining by -X% against the previous year. Overall, the export price recorded a mild slump. The most prominent rate of growth was recorded in 2018 an increase of X% y-o-y. Over the period under review, average export prices hit record highs at $X per ton in 2009; however, from 2010 to 2020, export prices stood at a somewhat lower figure.

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

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

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

Imports

In 2020, global iron, steel or aluminium reservoir imports contracted to X tons, with a decrease of -X% against the previous year's figure. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, global imports reached the peak figure at X tons in 2017; however, from 2018 to 2020, imports stood at a somewhat lower figure.

In value terms, iron, steel or aluminium reservoir imports declined to $X in 2020. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, global imports hit record highs at $X in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, the U.S. (X tons), followed by Germany (X tons) represented the main importers of iron, steel or aluminium reservoirs, tanks, vats and similar containers, together committing X% of total imports. South Korea (X tons), Canada (X tons), France (X tons), the UK (X tons), Mexico (X tons), the Philippines (X tons), China (X tons), the Netherlands (X tons), Thailand (X tons), Nigeria (X tons) and Italy (X tons) followed a long way behind the leaders.

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

In value terms, the U.S. ($X), Germany ($X) and South Korea ($X) appeared to be the countries with the highest levels of imports in 2020, with a combined X% share of global imports. China, Canada, France, the UK, the Netherlands, Mexico, Italy, Thailand, Nigeria and the Philippines lagged somewhat behind, together accounting for a further X the main importing countries, the Philippines recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global 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, leveling off at the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the average import price increased by X% year-to-year. Global import price peaked at $X per ton in 2009; however, from 2010 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per ton), while the Philippines ($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 other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China remains the largest iron, steel or aluminium reservoir consuming country worldwide, comprising approx. 26% of total volume. Moreover, iron, steel or aluminium reservoir consumption in China exceeded the figures recorded by the second-largest consumer, the U.S., twofold. India ranked third in terms of total consumption with a 9.7% share.
China remains the largest iron, steel or aluminium reservoir producing country worldwide, comprising approx. 29% of total volume. Moreover, iron, steel or aluminium reservoir production in China exceeded the figures recorded by the second-largest producer, the U.S., twofold. The third position in this ranking was occupied by India, with a 9.7% share.
In value terms, the largest iron, steel or aluminium reservoir supplying countries worldwide were China, the U.S. and Italy, with a combined 34% share of global exports. Germany, South Korea, Poland, the Czech Republic, Turkey, Thailand, the UK, the Netherlands, Spain and Mexico lagged somewhat behind, together comprising a further 41%.
In value terms, the largest iron, steel or aluminium reservoir importing markets worldwide were the U.S., Germany and South Korea, with a combined 24% share of global imports. China, Canada, France, the UK, the Netherlands, Mexico, Italy, Thailand, Nigeria and the Philippines lagged somewhat behind, together accounting for a further 25%.
The average export price for iron, steel or aluminium reservoirs, tanks, vats and similar containers stood at $3,640 per ton in 2020, which is down by -3.6% against the previous year.
The average import price for iron, steel or aluminium reservoirs, tanks, vats and similar containers stood at $3,768 per ton in 2020, leveling off at the previous year.

This report provides an in-depth analysis of the global market for iron, steel or aluminium reservoir. 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:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL 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. GLOBAL 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
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  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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