Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Germany - 2024
Contents:
- Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Germany (CIF) - 2024
- Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Germany (FOB) - 2024
- Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Germany
- Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Germany
Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Germany (CIF) - 2024
The average import price for containers for compressed or liquefied gas, of iron or steel stood at $30.9 per unit in February 2024, falling by -25% against the previous month. In general, the import price saw a perceptible downturn. The pace of growth appeared the most rapid in September 2023 an increase of 38% against the previous month. Over the period under review, average import prices reached the maximum at $62.9 per unit in June 2023; however, from July 2023 to February 2024, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was the UK ($61.4 per unit), while the price for Bosnia and Herzegovina ($7.8 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 (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Germany (FOB) - 2024
In February 2024, the average export price for containers for compressed or liquefied gas, of iron or steel amounted to $110 per unit, surging by 24% against the previous month. Over the period from February 2023 to February 2024, it increased at an average monthly rate of +2.5%. The pace of growth appeared the most rapid in August 2023 an increase of 29% month-to-month. Over the period under review, the average export prices attained the maximum in February 2024.
Prices varied noticeably by the country of destination: the country with the highest price was Norway ($417 per unit), while the average price for exports to Bosnia and Herzegovina ($6.0 per unit) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+14.4%), 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 Germany
In 2022, approx. 5.9M units of containers for compressed or liquefied gas, of iron or steel were imported into Germany; surging by 10% against the previous year's figure. The total import volume increased at an average annual rate of +6.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 29%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of containers for compressed or liquefied gas, of iron or steel surged to $267M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +13.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 32%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Containers for Compressed or Liquefied Gas, of Iron or Steel in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 44.8 | 43.8 | 40.7 | 44.3 | -0.4% |
| Poland | 32.1 | 20.6 | 39.4 | 41.8 | 9.2% |
| Turkey | 8.9 | 11.7 | 16.4 | 34.3 | 56.8% |
| China | 16.0 | 8.6 | 16.3 | 25.7 | 17.1% |
| Italy | 20.1 | 19.1 | 21.8 | 23.1 | 4.7% |
| Austria | 13.5 | 8.8 | 10.7 | 19.1 | 12.3% |
| France | 9.2 | 10.3 | 21.1 | 17.1 | 23.0% |
| Netherlands | 3.2 | 10.4 | 12.9 | 12.5 | 57.5% |
| Others | 34.8 | 31.2 | 37.4 | 49.3 | 12.3% |
| Total | 183 | 165 | 217 | 267 | 13.4% |
Top Suppliers of Containers for Compressed or Liquefied Gas, of Iron or Steel to Germany in 2022:
- Czech Republic (1109.1K units)
- Turkey (860.9K units)
- Poland (854.7K units)
- China (840.1K units)
- Italy (405.9K units)
- Austria (371.0K units)
- France (364.1K units)
- Netherlands (319.8K units)
Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Germany
Exports of containers for compressed or liquefied gas, of iron or steel from Germany contracted slightly to 3M units in 2022, approximately equating 2021. Over the period under review, exports saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 11%. Over the period under review, the exports of attained the peak figure at 3.4M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of containers for compressed or liquefied gas, of iron or steel shrank slightly to $222M in 2022. In general, exports, however, showed a modest increase. The pace of growth appeared the most rapid in 2021 when exports increased by 22%. As a result, the exports attained the peak of $223M, leveling off in the following year.
| Export of Containers for Compressed or Liquefied Gas, of Iron or Steel in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 35.4 | 20.5 | 19.8 | 28.0 | -7.5% |
| France | 19.4 | 14.1 | 13.8 | 18.4 | -1.7% |
| Switzerland | 13.1 | 16.3 | 18.9 | 18.2 | 11.6% |
| United Kingdom | 18.0 | 11.2 | 17.8 | 14.6 | -6.7% |
| Poland | 10.1 | 10.5 | 11.4 | 12.7 | 7.9% |
| Austria | 9.7 | 10.8 | 12.3 | 12.6 | 9.1% |
| Italy | 11.5 | 7.7 | 11.7 | 10.1 | -4.2% |
| Belgium | 11.4 | 12.2 | 13.0 | 9.5 | -5.9% |
| Spain | 9.5 | 6.1 | 7.6 | 8.8 | -2.5% |
| Sweden | 3.5 | 2.3 | 4.0 | 5.6 | 17.0% |
| Hungary | 3.0 | 3.9 | 4.1 | 4.9 | 17.8% |
| Czech Republic | 4.6 | 3.9 | 3.7 | 4.4 | -1.5% |
| Romania | 2.7 | 1.3 | 1.9 | 3.4 | 8.0% |
| Others | 63.4 | 61.4 | 83.2 | 70.3 | 3.5% |
| Total | 215 | 182 | 223 | 222 | 1.1% |
Top Export Markets for Containers for Compressed or Liquefied Gas, of Iron or Steel from Germany in 2022:
- Switzerland (353.4K units)
- Netherlands (304.8K units)
- United Kingdom (256.8K units)
- France (215.2K units)
- Austria (201.4K units)
- Italy (185.2K units)
- Spain (174.2K units)
- Poland (127.5K units)
- Belgium (99.7K units)
- Hungary (97.1K units)
- Sweden (86.0K units)
- Czech Republic (71.2K units)
- Romania (55.9K units)
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