Eastern Europe: Aluminium Reservoir Market 2024

Aluminium Reservoir Market Size in Eastern Europe

In 2022, the East European aluminium reservoir market increased by X% to $X, rising for the second year in a row after three years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Aluminium Reservoir Production in Eastern Europe

In value terms, aluminium reservoir production shrank to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Aluminium Reservoir Exports

Exports in Eastern Europe

In 2022, aluminium reservoir exports in Eastern Europe surged to X units, growing by X% on the previous year's figure. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, aluminium reservoir exports shrank slightly to $X in 2022. In general, exports enjoyed prominent growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The level of export peaked at $X in 2021, and then contracted in the following year.

Exports by Country

The Czech Republic (X units) and Bulgaria (X units) represented the main exporters of aluminium reservoirs, tanks, vats and similar containers in 2022, accounting for approx. X% and X% of total exports, respectively. It was distantly followed by Slovakia (X units), comprising a X% share of total exports. Hungary (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest aluminium reservoir supplying countries in Eastern Europe were Slovakia ($X), the Czech Republic ($X) and Bulgaria ($X), with a combined X% share of total exports.

Bulgaria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among 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 Eastern Europe stood at $X per unit in 2022, shrinking by X% against the previous year. Overall, the export price saw a sharp decrease. The pace of growth was the most pronounced in 2014 when the export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (X%), while the other leaders experienced a decline in the export price figures.

Aluminium Reservoir Imports

Imports in Eastern Europe

For the fourth year in a row, Eastern Europe recorded growth in purchases abroad of aluminium reservoirs, tanks, vats and similar containers, which increased by X% to X units in 2022. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, aluminium reservoir imports contracted remarkably to $X in 2022. Over the period under review, imports saw a notable increase. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. The level of import peaked at $X in 2021, and then contracted markedly in the following year.

Imports by Country

Bulgaria was the main importing country with an import of around X units, which finished at X% of total imports. Hungary (X units) took the second position in the ranking, followed by Poland (X units) and Slovakia (X units). All these countries together took approx. X% share of total imports. The following importers - Lithuania (X units), the Czech Republic (X units) and Russia (X units) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constitutes the largest market for imported aluminium reservoirs, tanks, vats and similar containers in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by Poland ($X), with an X% share of total imports. It was followed by Slovakia, with a X% share.

In Russia, aluminium reservoir imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Poland (X% per year) and Slovakia (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per unit, dropping by X% against the previous year. In general, the import price showed a sharp descent. The pace of growth was the most pronounced in 2014 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per unit), while Bulgaria ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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