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06 NOVEMBER 2020 AL CIRCLE

Germany’s export of Aluminium container during 2018-20 reveals steady growth

EDITED BY : RUPANKAR MAJUMDER 2MINS READ

Germany's economy slumped by 2.2% in the first three months of this year as the COVID-19 pandemic pushed it into recession. It was the biggest quarterly fall since 2009 when the country was engulfed in the global financial crisis.

Germany's export of Aluminium container

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The Western European nation’s export of aluminium containers during 2018-19 has been recorded at 4329 tonnes and the revenue generated on the export during the phase stood at $32.15 million. The export for 2020 is expected to reach at 3025 tonnes, with earnings to stand at $20.22 million. Now, when the export volume and earnings of 2020 get added with the existing two years, it denotes 7354 tonnes and $52.37 million respectively.

In 2018, Germany’s export of aluminium container remained at 2007 tonnes and earnings stood at $17.07 million, whereas, in 2019 the import volume reveals growth by 15.69%, as the import volume rose to 2322 tonnes, while earnings dropped at $15.08 million.

Report on Global Bauxite Industry Insights

The export for 2020 has been analysed with growth by 30.27%, as the export volume is expected to reach at 3025 tonnes, with Y-o-Y excess volume of 703 tonnes and earning to grow and stand at $20.22 million.

Germany’s major trading nations for export of aluminium containers are Austria, Belgium, Bulgaria, Canada, China, Croatia, Czech Rep., Denmark, France, Hong Kong, Kazakhstan, Hungary, India, Kuwait, Poland, etc.


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EDITED BY : RUPANKAR MAJUMDER 2MINS READ

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