Brazil: Market for Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers 2024

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

In 2020, after three years of growth, there was decline in the Brazilian market for iron, steel or aluminium reservoirs, tanks, vats and similar containers, when its value decreased by X% to $X. The market value increased at an average annual rate of X% from 2012 to 2020; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. Iron, steel or aluminium reservoir consumption peaked at $X in 2019, and then dropped modestly in the following year.

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

In value terms, iron, steel or aluminium reservoir production rose to $X in 2020 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2020, production remained at a lower figure.

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

Exports from Brazil

In 2020, approx. X units of iron, steel or aluminium reservoirs, tanks, vats and similar containers were exported from Brazil; declining by X% compared with 2019 figures. Over the period under review, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The exports peaked at X units in 2012; however, from 2013 to 2020, the exports stood at a somewhat lower figure.

In value terms, iron, steel or aluminium reservoir exports fell slightly to $X in 2020. Overall, exports faced a abrupt contraction. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2020, the exports remained at a lower figure.

Exports by Country

Indonesia (X units) was the main destination for iron, steel or aluminium reservoir exports from Brazil, with a X% share of total exports. Moreover, iron, steel or aluminium reservoir exports to Indonesia exceeded the volume sent to the second major destination, the United States (X units), twofold. Singapore (X units) ranked third in terms of total exports with an X% share.

From 2012 to 2020, the average annual growth rate of volume to Indonesia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Singapore (X% per year).

In value terms, the United States ($X) remains the key foreign market for iron, steel or aluminium reservoirs, tanks, vats and similar containers exports from Brazil, comprising X% of total exports. The second position in the ranking was held by Indonesia ($X), with a X% share of total exports. It was followed by Singapore, with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (X% per year) and Singapore (X% per year).

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 unit, increasing by X% against the previous year. In general, the export price, however, continues to indicate a slight decline. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2020, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to South Korea ($X per unit) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), 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 Brazil

In 2020, approx. X units of iron, steel or aluminium reservoirs, tanks, vats and similar containers were imported into Brazil; growing by X% against the previous year's figure. Overall, imports, however, recorded a deep setback. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2014; however, from 2015 to 2020, imports failed to regain momentum.

In value terms, iron, steel or aluminium reservoir imports soared to $X in 2020. In general, imports, however, showed a abrupt shrinkage. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2020, imports failed to regain momentum.

Imports by Country

China (X units), the United States (X units) and Germany (X units) were the main suppliers of iron, steel or aluminium reservoir imports to Brazil, together comprising X% of total imports. Spain, Austria, India, Poland, Turkey, Italy, Argentina and the Czech Republic lagged somewhat behind, together comprising a further X%.

From 2012 to 2020, the biggest increases were recorded for Poland (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest iron, steel or aluminium reservoir suppliers to Brazil were the United States ($X), China ($X) and Germany ($X), together accounting for X% of total imports. Italy, Spain, Austria, India, Poland, Argentina, the Czech Republic and Turkey lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average import price for iron, steel or aluminium reservoirs, tanks, vats and similar containers stood at $X per unit in 2020, rising by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by X%. The import price peaked at $X per unit in 2016; however, from 2017 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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