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

Contents:

  1. Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in France (CIF) - 2024
  2. Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in France (FOB) - 2022
  3. Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in France
  4. Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in France

Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in France (CIF) - 2024

In February 2024, the average import price for containers for compressed or liquefied gas, of iron or steel amounted to $61.3 per unit, surging by 6% against the previous month. Overall, import price indicated a mild expansion from February 2023 to February 2024: its price increased at an average monthly rate of +1.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2024 figures, import price for containers for compressed or liquefied gas, of iron or steel decreased by -1.5% against December 2023 indices. The growth pace was the most rapid in June 2023 an increase of 83% month-to-month. As a result, import price reached the peak level of $79.3 per unit. From July 2023 to February 2024, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In February 2024, the country with the highest price was China ($51.7 per unit), while the price for the UK ($36.7 per unit) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by the Czech Republic (+6.4%), 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 France (FOB) - 2022

The average export price for containers for compressed or liquefied gas, of iron or steel stood at $59 per unit in 2022, with an increase of 32% against the previous year. Overall, the export price, however, continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2020 an increase of 35% against the previous year. Over the period under review, the average export prices reached the peak figure at $91 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($103 per unit), while the average price for exports to the Netherlands ($23 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 Luxembourg (+7.9%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of containers for compressed or liquefied gas, of iron or steel into France stood at 2.7M units, growing by 5.7% compared with 2021 figures. Over the period under review, imports, however, continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2021 when imports increased by 6.6%. Over the period under review, imports of attained the peak figure at 3.1M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of containers for compressed or liquefied gas, of iron or steel soared to $133M 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. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Containers for Compressed or Liquefied Gas, of Iron or Steel in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy14.513.515.720.311.9%
Spain13.717.018.519.813.1%
China4.112.014.615.656.1%
Portugal7.26.29.014.024.8%
Turkey6.56.09.113.728.2%
Germany12.612.08.612.80.5%
Czech Republic12.89.27.69.6-9.1%
United Kingdom2.46.65.54.826.0%
Belgium20.52.42.32.7-49.1%
Others11.912.611.119.417.7%
Total10697.41021337.9%

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

  1. Portugal (497.0K units)
  2. Spain (468.4K units)
  3. Turkey (446.5K units)
  4. Italy (354.0K units)
  5. Czech Republic (176.7K units)
  6. China (169.5K units)
  7. United Kingdom (127.3K units)
  8. Germany (125.6K units)
  9. Belgium (46.8K units)

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

In 2022, approx. 951K units of containers for compressed or liquefied gas, of iron or steel were exported from France; declining by -34.3% on the previous year. In general, exports saw a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year. The exports peaked at 2M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of containers for compressed or liquefied gas, of iron or steel contracted to $56M in 2022. Overall, exports showed a abrupt downturn. The smallest decline of -10.7% was in 2021. The exports peaked at $87M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Containers for Compressed or Liquefied Gas, of Iron or Steel in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany11.012.119.617.817.4%
United Kingdom9.79.65.55.7-16.2%
Spain3.85.03.24.55.8%
Switzerland5.95.34.62.6-23.9%
Poland1.94.03.52.36.6%
Belgium22.52.85.52.3-53.2%
Italy4.24.12.72.2-19.4%
Morocco2.14.51.21.0-21.9%
Netherlands1.83.60.50.9-20.6%
Others23.922.018.717.3-10.2%
Total86.873.165.256.5-13.3%

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

  1. Germany (402.5K units)
  2. United Kingdom (109.3K units)
  3. Switzerland (89.4K units)
  4. Spain (51.7K units)
  5. Poland (44.8K units)
  6. Belgium (42.6K units)
  7. Netherlands (38.4K units)
  8. Italy (21.6K units)
  9. Morocco (13.4K units)

Source: IndexBox Market Intelligence Platform

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