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

Contents:

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

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

In February 2024, the average import price for containers for compressed or liquefied gas, of iron or steel amounted to $53.3 per unit, surging by 9.2% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 64% m-o-m. As a result, import price attained the peak level of $74.7 per unit. From August 2023 to February 2024, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Czech Republic ($82.6 per unit), while the price for China ($28.9 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 (+2.9%), 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 Spain (FOB) - 2022

The average export price for containers for compressed or liquefied gas, of iron or steel stood at $43 per unit in 2022, rising by 42% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $54 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($57 per unit), while the average price for exports to Portugal ($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 Germany (+7.7%), 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 Spain

In 2022, supplies from abroad of containers for compressed or liquefied gas, of iron or steel was finally on the rise to reach 1.6M units after two years of decline. Overall, imports, however, saw a pronounced setback. Imports peaked at 1.8M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of containers for compressed or liquefied gas, of iron or steel skyrocketed to $80M in 2022. Over the period under review, total imports indicated mild growth from 2019 to 2022: its value increased at an average annual rate of +1.6% 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 +54.8% against 2020 indices. 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 Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal19.010.013.319.40.7%
Italy8.26.48.215.623.9%
China8.89.35.910.25.0%
Germany10.76.27.19.0-5.6%
Turkey3.14.14.87.634.8%
Czech Republic6.86.94.94.7-11.6%
France11.73.22.73.4-33.8%
Others7.65.56.59.78.5%
Total75.951.453.479.61.6%

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

  1. Portugal (504.0K units)
  2. China (300.5K units)
  3. Italy (209.5K units)
  4. Turkey (173.5K units)
  5. Czech Republic (104.2K units)
  6. France (78.6K units)
  7. Germany (67.5K units)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of containers for compressed or liquefied gas, of iron or steel, when their volume decreased by -45.8% to 1.3M units. Overall, exports saw a deep setback. The pace of growth was the most pronounced in 2020 when exports increased by 47%. Over the period under review, the exports of attained the maximum at 2.4M units in 2021, and then contracted markedly in the following year.

In value terms, exports of containers for compressed or liquefied gas, of iron or steel fell notably to $56M in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +6.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 32%. The exports peaked at $73M in 2021, and then contracted dramatically in the following year.

Export of Containers for Compressed or Liquefied Gas, of Iron or Steel in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France18.620.122.326.712.8%
Italy2.14.711.34.629.9%
Germany4.02.34.13.2-7.2%
Portugal3.913.418.72.9-9.4%
United States1.20.10.41.916.6%
United Kingdom1.43.91.91.2-5.0%
Belgium1.21.91.51.20.0%
Qatar0.40.61.21.140.1%
Poland0.60.91.01.122.4%
Netherlands1.11.00.51.0-3.1%
Others12.312.610.211.4-2.5%
Total46.761.573.156.26.4%

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

  1. France (638.6K units)
  2. Italy (132.4K units)
  3. Portugal (125.8K units)
  4. Germany (64.9K units)
  5. United States (45.3K units)
  6. Belgium (25.9K units)
  7. Poland (24.4K units)
  8. Netherlands (21.7K units)
  9. Qatar (21.6K units)
  10. United Kingdom (20.7K units)

Source: IndexBox Market Intelligence Platform

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