Price for Containers for Compressed or Liquefied Gas, of Aluminium in Turkey - 2024

Contents:

  1. Price for Containers for Compressed or Liquefied Gas, of Aluminium in Turkey (FOB) - 2022
  2. Price for Containers for Compressed or Liquefied Gas, of Aluminium in Turkey (CIF) - 2022
  3. Exports of Containers for Compressed or Liquefied Gas, of Aluminium in Turkey
  4. Imports of Containers for Compressed or Liquefied Gas, of Aluminium in Turkey

Price for Containers for Compressed or Liquefied Gas, of Aluminium in Turkey (FOB) - 2022

In 2022, the average export price for containers for compressed or liquefied gas, of aluminium amounted to $10 per unit, growing by 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Netherlands ($12 per unit) and Sweden ($11 per unit), while the average price for exports to Poland ($8.3 per unit) and the UK ($8.6 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Containers for Compressed or Liquefied Gas, of Aluminium in Turkey (CIF) - 2022

The average import price for containers for compressed or liquefied gas, of aluminium stood at $39 per unit in 2022, surging by 18% against the previous year. Overall, the import price saw a strong expansion. The pace of growth was the most pronounced in 2015 when the average import price increased by 54% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($73 per unit), while the price for Hungary ($6.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Containers for Compressed or Liquefied Gas, of Aluminium in Turkey

In 2022, overseas shipments of containers for compressed or liquefied gas, of aluminium decreased by -32.4% to 1.9M units for the first time since 2018, thus ending a three-year rising trend. In general, exports showed a abrupt slump. The pace of growth appeared the most rapid in 2020 when exports increased by 11%. The exports peaked at 2.8M units in 2021, and then declined remarkably in the following year.

In value terms, exports of containers for compressed or liquefied gas, of aluminium declined dramatically to $20M in 2022. Over the period under review, exports recorded a perceptible descent. The most prominent rate of growth was recorded in 2020 when exports increased by 13% against the previous year. The exports peaked at $25M in 2021, and then contracted remarkably in the following year.

Export of Containers for Compressed or Liquefied Gas, of Aluminium in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden3.61.72.23.92.7%
Germany4.93.73.03.6-9.8%
United Kingdom2.62.53.23.27.2%
France3.52.53.32.7-8.3%
Poland1.00.91.71.719.3%
Italy0.81.52.41.317.6%
Netherlands2.47.06.70.4-45.0%
Others2.94.62.62.8-1.2%
Total21.724.525.219.6-3.3%

Top Export Markets for Containers for Compressed or Liquefied Gas, of Aluminium from Turkey in 2022:

  1. United Kingdom (373.7K units)
  2. Germany (361.5K units)
  3. Sweden (351.2K units)
  4. France (253.1K units)
  5. Poland (208.9K units)
  6. Italy (140.7K units)
  7. Netherlands (36.8K units)

Imports of Containers for Compressed or Liquefied Gas, of Aluminium in Turkey

Imports of containers for compressed or liquefied gas, of aluminium into Turkey dropped to 477K units in 2022, with a decrease of -11.5% on 2021 figures. In general, imports continue to indicate a slight shrinkage. The growth pace was the most rapid in 2021 with an increase of 18% against the previous year. As a result, imports reached the peak of 539K units, and then shrank in the following year.

In value terms, imports of containers for compressed or liquefied gas, of aluminium rose slightly to $19M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +7.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

Import of Containers for Compressed or Liquefied Gas, of Aluminium in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.96.46.15.64.6%
Austria0.50.4N/A3.998.3%
Germany0.70.71.52.450.8%
CanadaN/A0.10.12.3379.6%
United Kingdom1.60.23.41.72.0%
China0.70.80.70.84.6%
HungaryN/AN/A0.10.10.0%
Poland5.92.74.8N/A-9.8%
Others0.61.01.32.049.4%
Total15.012.217.918.87.8%

Top Suppliers of Containers for Compressed or Liquefied Gas, of Aluminium to Turkey in 2022:

  1. United States (143.6K units)
  2. Austria (105.8K units)
  3. Canada (69.0K units)
  4. United Kingdom (58.4K units)
  5. Germany (32.6K units)
  6. China (28.9K units)
  7. Hungary (20.4K units)

Source: IndexBox Market Intelligence Platform

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