U.S. - Iron Or Steel Articulated Link Chain - Market Analysis, Forecast, Size, Trends And Insights
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U.S. - Iron Or Steel Articulated Link Chain - Market Analysis, Forecast, Size, Trends And Insights

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Article Publishing Date: Jun 30, 2023

U.S. Metal Link Chain Export Falls to $9.8M in April 2023

U.S. Metal Link Chain Exports

In April 2023, exports of iron or steel articulated link chain from the United States expanded sharply to 1.1K tons, surging by 6.3% compared with March 2023. The total export volume increased at an average monthly rate of +1.4% over the period from April 2022 to April 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain months. The pace of growth appeared the most rapid in July 2022 with an increase of 23% m-o-m.

In value terms, metal link chain exports contracted modestly to $9.8M (IndexBox estimates) in April 2023. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in July 2022 with an increase of 25% m-o-m. As a result, the exports reached the peak of $12M. From August 2022 to April 2023, the growth of the exports remained at a lower figure.

COUNTRYExport Value of Metal Link Chain in U.S. (thousand USD)
Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023
Mexico3,8804,5444,9684,6974,8444,8204,4505,0173,8853,9084,7804,3923,712
Canada1,8432,3921,9872,1582,5252,2662,9502,1782,6451,9742,3002,6272,160
Japan5654546231,0228717111,025661991868621588839
Brazil199194208277210328370168173183181118515
Australia58.320430186236017373323623329.9317392434
Colombia50241723257829537.723939618814624.6514356
China44465452.185397227833989889549.844257.5334
United Kingdom52951718041535714637468.3183323439254267
Peru11.85.6N/AN/A28.23.745.231.2N/A2.6N/A2.5143
Philippines74.4N/A6.0N/A3.995.9N/A10.8N/AN/A74.63.9142
Malaysia4.420.484.7N/AN/AN/A17.3N/A61.1N/A24.1N/A61.0
South Korea58533443554056340359019828817520011054.0
Others5769238439571,0769101,1741,064918822662824796
Total9,27410,6589,91912,35912,10510,17212,30710,92810,4618,48210,0669,8829,812

Exports by Country

Mexico (412 tons), Canada (235 tons) and Japan (70 tons) were the main destinations of metal link chain exports from the United States, together accounting for 67% of total exports. Brazil, China, the UK, Colombia, Australia, the Philippines, Peru, Malaysia and South Korea lagged somewhat behind, together comprising a further 24%.

From April 2022 to April 2023, the biggest increases were in Malaysia (with a CAGR of +35.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($3.7M), Canada ($2.2M) and Japan ($839K) constituted the largest markets for metal link chain exported from the United States worldwide, together accounting for 68% of total exports. Brazil, Australia, Colombia, China, the UK, Peru, the Philippines, Malaysia and South Korea lagged somewhat behind, together accounting for a further 23%.

In terms of the main countries of destination, Malaysia, with a CAGR of +24.4%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In April 2023, the metal link chain price stood at $9,218 per ton (FOB, US), shrinking by -6.6% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 5% m-o-m. As a result, the export price attained the peak level of $10,422 per ton. From September 2022 to April 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Australia ($15,312 per ton), while the average price for exports to Malaysia ($3,049 per ton) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal link chain market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28152170 - Iron or steel articulated link chain (excluding roller chain)

Country coverage:

  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the U.S.
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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