Iron or steel reservoirs and tanks with capacity >300 l market in Germany, 2026

Earlier Report Observations

Between 2018 and 2020, the market for iron or steel reservoirs and tanks in Germany was influenced by the dominance of large producers like Thyssenkrupp and ArcelorMittal. The COVID-19 pandemic in 2020 caused demand fluctuations, leading to a 12% drop in production and an 8% contraction in market volume in physical terms.

A sharp recovery followed in 2021, with market volume surging by 24% in physical terms and 27% in value. This rebound coincided with ongoing industry-wide decarbonization efforts, including the development of hydrogen-based technologies to reduce CO₂ emissions. In the following years, rising global raw material prices and supply chain issues contributed to higher costs, reflected in the producer price index for steel increasing to 108 points by 2024.

Throughout the period, Germany's steel industry, responsible for a significant share of industrial emissions, actively pursued strategic partnerships and new methods like hydrogen-based direct reduction to transition towards climate-neutral production by 2045.

Production iron or steel reservoirs and tanks with capacity >300 l in Germany

In value, 2017-2020, M $ US

Following two years of growth, Germany's production of iron or steel reservoirs and tanks with a capacity exceeding 300 liters declined. In 2020, output was valued at 1 580 million US dollars, marking a slight decrease of 1.0% compared to the previous year. Between 2017 and 2020, production rose by 7.6%, which translates to an annualized growth rate of 2.5%. The peak value was recorded in 2019 at 1 597 million US dollars, while the largest annual increase occurred in 2018 at 7.9%.

Annual dynamics of production in Germany in value, 2017-2020, M $ US

In kind, 2017-2020, K t

After two consecutive years of expansion, Germany's production of iron or steel reservoirs and tanks with a capacity over 300 liters fell. In 2020, the country produced 280.9 thousand tons, representing a 12.0% drop from the year before. Over the 2017-2020 period, production decreased by 8.6%, with a compound annual growth rate of -3.0%. The highest output was achieved in 2019 at 319.4 thousand tons, and the largest annual increase also took place in 2019 at 2.5%.

Annual dynamics of production in Germany in kind, 2017-2020, K t

Exports iron or steel reservoirs and tanks with capacity >300 l from Germany

Exports in kind, t

Following a two-year upward trend, Germany's exports of iron or steel reservoirs and tanks with a capacity greater than 300 liters declined. In 2020, the country exported 58 800 tons, a significant decrease of 24.1% compared to the previous year. Between 2017 and 2020, exports fell by 18.4%, equating to an annualized decline of 6.6%. The peak export volume was recorded in 2019 at 77 468 tons, while the largest annual increase occurred in 2018 at 4.2%.

Annual dynamics of product's exports from Germany in kind, 2017-2020, t

From 2017 to 2020, the export partner structure for iron or steel reservoirs and tanks with a capacity over 300 liters remained fragmented. France accounted for 24.7% of exports in kind, Austria for 10.7%, and the Netherlands for 10.1%. Together, these three countries represented only 45.5% of total flows, with no single nation holding a dominant share.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Germany in kind, 2017-2020

Exports in value, M $ US

After two years of growth, Germany's exports of iron or steel reservoirs and tanks with a capacity exceeding 300 liters declined. In 2020, export value reached 311.8 million US dollars, reflecting a robust decrease of 19.0% year-over-year. Between 2017 and 2020, exports dropped by 4%, which corresponds to an annualized decline of 1.4%. The highest export value was recorded in 2019 at 384.9 million US dollars, while the largest annual increase occurred in 2018 at 16.6%.

Annual dynamics of product's exports from Germany in value, 2017-2020, M $ US

Between 2017 and 2020, France, Austria, and Switzerland were among the largest buyers of iron or steel reservoirs and tanks with a capacity over 300 liters from Germany in value terms. France accounted for 11.4% of exports, Austria for 11.1%, and Switzerland for 9.5%. However, even combined, these three countries represented just 32.1% of total export value, indicating a broadly diversified partner base.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Germany in value, 2017-2020

Imports iron or steel reservoirs and tanks with capacity >300 l to Germany

Imports in kind, t

Following two years of increase, Germany's imports of iron or steel reservoirs and tanks with a capacity greater than 300 liters declined. In 2020, imports totaled 42 978 tons, down by 9.4% from the previous year. Over the 2017-2020 period, imports grew by 9%, with a compound annual growth rate of 2.9%. The peak import volume was recorded in 2019 at 47 447 tons, while the largest annual increase occurred in 2018 at 16.6%.

Annual dynamics of product's imports to Germany in kind, 2017-2020, t

From 2017 to 2020, Czechia, Poland, and Italy consistently served as the main sources for Germany's imports of iron or steel reservoirs and tanks with a capacity over 300 liters in kind. Czechia accounted for 25.5% of imports, Poland for 19.8%, and Italy for 10.4%. Together, these three countries represented 55.7% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Germany in kind, 2017-2020

Imports in value, M $ US

After two years of growth, Germany's imports of iron or steel reservoirs and tanks with a capacity exceeding 300 liters declined. In 2020, import value amounted to 172.2 million US dollars, reflecting a strong reduction of 11.5% compared to the previous year. Over the 2017-2020 period, imports increased by 16.9%, with a compound annual growth rate of 5.3%. The highest import value was recorded in 2019 at 194.5 million US dollars, while the largest annual increase occurred in 2019 at 17.9%.

Annual dynamics of product's imports to Germany in value, 2017-2020, M $ US

Between 2017 and 2020, Poland, Czechia, and Austria formed the largest group of suppliers for Germany's imports of iron or steel reservoirs and tanks with a capacity over 300 liters in value terms. Poland accounted for 19.1% of imports, Czechia for 17.7%, and Austria for 9.1%. Their combined contribution was limited to 45.9% of total import value, reflecting a diversified country structure.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Germany in value, 2017-2020