1 Top 3 Value Market Share of Stainless Steel IBC Market Region
Between 2018 and 2023, the market value shares of the top three regions for stainless steel IBC underwent some shifts. North America maintained a steady increase in its share, starting from 39.77% in 2018 and reaching 40.69% by 2023. Europe also saw a gradual rise, beginning at 43.67% in 2018 and ending with 43.38% in 2023. China’s share experienced minor fluctuations but overall showed a slight decline, starting at 5.66% in 2018 and dropping to 5.49% by 2023. These changes reflect the dynamic nature of the stainless steel IBC market across these leading regions.
Figure Global Stainless Steel IBC Value Market Share by Region (2018-2023)
2 Top 3 Production Market Share of Stainless Steel IBC Market Region
From 2018 to 2023, the production share dynamics among the top three regions for stainless steel IBC showed a pattern of growth and slight adjustments. North America’s production share exhibited a consistent climb, starting at 41.42% in 2018 and peaking at 42.56% by 2023. Europe’s share followed a similar increasing trend, beginning at 38.24% and culminating at 37.84% in the final year. China, on the other hand, witnessed a modest fluctuation in its share, with a slight dip from 7.66% in 2018 to 7.40% by 2023. These fluctuations highlight the evolving landscape of production within the Stainless Steel IBC industry across these key regions.
Figure Global Stainless Steel IBC Production Market Share by Region (2018-2023)
3 Comparison of Stainless Steel IBC Import and Export between North America and Europe in 2023
In 2023, North America’s stainless steel IBC industry experienced a significant trade surplus with exports greatly exceeding imports, exporting 22.77 K units compared to only 2.9 K units imported. In 2023, Europe, meanwhile, imported 0.56 K units and exported 22.20 K units.
Table North America Stainless Steel IBC Export, Import in 2023
|
North America |
2023 |
|
Import (K Units) |
2.90 |
|
Export (K Units) |
22.77 |
Table Europe Stainless Steel IBC Export, Import in 2023
|
Europe |
2023 |
|
Import (K Units) |
0.56 |
|
Export (K Units) |
22.20 |
4 Comparison of Stainless Steel IBC Production and Consumption between China and Japan in 2023
In 2023, China’s production of Stainless Steel IBC was 18.24 K units, with a consumption of 29.82 K units. Meanwhile, Japan produced 6.76 K units and consumed 13.80 K units. Comparing the two countries’ production and consumption, China’s production and consumption are significantly higher than Japan’s, indicating a larger scale of production and market demand in China for Stainless Steel IBC.
Table China Stainless Steel IBC Production, Consumption in 2023
|
China |
2023 |
|
Production (K Units) |
18.24 |
|
Consumption (K Units) |
29.82 |
Table Japan Stainless Steel IBC Production, Consumption in 2023
|
Japan |
2023 |
|
Production (K Units) |
6.76 |
|
Consumption (K Units) |
13.80 |
