Benelux: Market for Containers for compressed or liquefied gas, of iron or steel 2024

Market Size for Containers for compressed or liquefied gas, of iron or steel in Benelux

The Benelux market for containers for compressed or liquefied gas, of iron or steel reduced notably to $X in 2023, shrinking by X% against the previous year. Over the period under review, consumption recorded a mild downturn. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market failed to regain momentum.

Production of Containers for compressed or liquefied gas, of iron or steel in Benelux

In value terms, production of containers for compressed or liquefied gas, of iron or steel contracted markedly to $X in 2023 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, production of reached the peak level at $X in 2015; however, from 2016 to 2023, production stood at a somewhat lower figure.

Exports of Containers for compressed or liquefied gas, of iron or steel

Exports in Benelux

In 2023, shipments abroad of containers for compressed or liquefied gas, of iron or steel increased by X% to X units, rising for the fourth year in a row after two years of decline. In general, exports enjoyed a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of containers for compressed or liquefied gas, of iron or steel reached $X in 2023. Over the period under review, exports showed strong growth. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports of reached the peak figure in 2023 and are likely to see gradual growth in years to come.

Exports by Country

In 2023, Luxembourg (X units) represented the largest exporter of containers for compressed or liquefied gas, of iron or steel, mixing up X% of total exports. Belgium (X units) took the second position in the ranking, distantly followed by the Netherlands (X units). All these countries together took approx. X% share of total exports.

From 2012 to 2023, the biggest increases were recorded for Belgium (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest containers for compressed or liquefied gas, of iron or steel supplying countries in Benelux were Belgium ($X), the Netherlands ($X) and Luxembourg ($X).

Belgium, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Benelux stood at $X per unit in 2023, dropping by X% against the previous year. Over the period under review, the export price showed a slight decrease. The pace of growth was the most pronounced in 2021 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2022 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while Luxembourg ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other leaders experienced a decline in the export price figures.

Imports of Containers for compressed or liquefied gas, of iron or steel

Imports in Benelux

In 2023, the amount of containers for compressed or liquefied gas, of iron or steel imported in Benelux skyrocketed to X units, increasing by X% on the previous year. Overall, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2022 to 2023, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of containers for compressed or liquefied gas, of iron or steel declined to $X in 2023. Over the period under review, imports saw a moderate expansion. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports of remained at a lower figure.

Imports by Country

The Netherlands was the largest importer of containers for compressed or liquefied gas, of iron or steel in Benelux, with the volume of imports finishing at X units, which was approx. X% of total imports in 2023. Belgium (X units) took the second position in the ranking, distantly followed by Luxembourg (X units). All these countries together held approx. X% share of total imports.

Imports into the Netherlands increased at an average annual rate of X% from 2012 to 2023. At the same time, Luxembourg (X%) and Belgium (X%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing importer imported in Benelux, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of the Netherlands increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X), Belgium ($X) and Luxembourg ($X) constituted the countries with the highest levels of imports in 2023.

Among the main importing countries, the Netherlands, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Benelux amounted to $X per unit, waning by X% against the previous year. Overall, the import price showed a slight descent. The most prominent rate of growth was recorded in 2022 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2017; however, from 2018 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belgium ($X per unit), while Luxembourg ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform