Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Belgium - 2024

Contents:

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

Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Belgium (CIF) - 2022

The average import price for containers for compressed or liquefied gas, of iron or steel stood at $52 per unit in 2022, increasing by 34% against the previous year. In general, the import price saw a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $52 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($81 per unit), while the price for Luxembourg ($13 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Belgium (FOB) - 2022

The average export price for containers for compressed or liquefied gas, of iron or steel stood at $52 per unit in 2022, waning by -8.4% against the previous year. Over the period under review, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for containers for compressed or liquefied gas, of iron or steel increased by +18.3% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 44% against the previous year. Over the period under review, the average export prices attained the maximum at $57 per unit in 2021, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($89 per unit), while the average price for exports to Turkey ($11 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Belgium

In 2022, supplies from abroad of containers for compressed or liquefied gas, of iron or steel decreased by -29.4% to 1M units for the first time since 2018, thus ending a three-year rising trend. Overall, imports recorded a mild setback. The pace of growth was the most pronounced in 2020 with an increase of 23% against the previous year. Imports peaked at 1.5M units in 2021, and then fell remarkably in the following year.

In value terms, imports of containers for compressed or liquefied gas, of iron or steel fell to $54M in 2022. The total import value increased at an average annual rate of +7.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 16%. As a result, imports reached the peak of $57M, and then dropped in the following year.

Import of Containers for Compressed or Liquefied Gas, of Iron or Steel in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic10.510.512.511.73.7%
Netherlands4.44.86.18.223.1%
Portugal4.44.44.46.715.0%
Germany5.04.26.24.6-2.7%
China2.02.80.83.823.9%
Turkey2.62.83.53.611.5%
France4.53.75.93.5-8.0%
Italy3.44.74.02.8-6.3%
Switzerland0.31.01.01.467.1%
Luxembourg0.40.40.80.931.0%
Croatia0.71.12.6N/A92.7%
Others5.18.79.36.910.6%
Total43.349.157.154.17.7%

Top Suppliers of Containers for Compressed or Liquefied Gas, of Iron or Steel to Belgium in 2022:

  1. Czech Republic (153.9K units)
  2. Turkey (133.3K units)
  3. China (132.1K units)
  4. Netherlands (121.7K units)
  5. Portugal (82.2K units)
  6. Germany (78.9K units)
  7. France (72.4K units)
  8. Luxembourg (65.9K units)
  9. Switzerland (64.7K units)
  10. Italy (40.0K units)
  11. Croatia (0.8K units)

Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Belgium

In 2022, overseas shipments of containers for compressed or liquefied gas, of iron or steel decreased by -1.9% to 759K units for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +24.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +93.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 56% against the previous year. Over the period under review, the exports of reached the maximum at 774K units in 2021, and then reduced modestly in the following year.

In value terms, exports of containers for compressed or liquefied gas, of iron or steel fell to $40M in 2022. Over the period under review, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 61% against the previous year. As a result, the exports reached the peak of $44M, and then fell in the following year.

Export of Containers for Compressed or Liquefied Gas, of Iron or Steel in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5.66.29.712.229.6%
France0.42.63.54.5124.1%
Netherlands0.71.51.63.672.6%
United States2.42.311.12.3-1.4%
Luxembourg0.11.30.91.7157.1%
Switzerland0.30.80.81.571.0%
United Kingdom0.20.41.11.176.5%
Turkey0.20.10.30.426.0%
CanadaN/A0.1N/A0.4100.0%
Egypt0.50.61.80.3-15.7%
Others7.111.513.711.918.8%
Total17.427.544.339.831.8%

Top Export Markets for Containers for Compressed or Liquefied Gas, of Iron or Steel from Belgium in 2022:

  1. Germany (281.6K units)
  2. Luxembourg (75.5K units)
  3. France (71.1K units)
  4. Netherlands (43.8K units)
  5. Switzerland (39.6K units)
  6. Turkey (37.3K units)
  7. United States (35.1K units)
  8. United Kingdom (14.4K units)
  9. Canada (12.6K units)
  10. Egypt (4.9K units)

Source: IndexBox Market Intelligence Platform

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