China - Parts Of Chains Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Chain Parts Price in China - 2023
Contents:
- Metal Chain Parts Price in China (FOB) - 2022
- Metal Chain Parts Price in China (CIF) - 2023
- Metal Chain Parts Exports in China
- Metal Chain Parts Imports in China
Metal Chain Parts Price in China (FOB) - 2022
The average metal chain parts export price stood at $3,926 per ton in 2022, rising by 4.5% against the previous year. Over the last decade, it increased at an average annual rate of +3.9%. The growth pace was the most rapid in 2015 an increase of 22% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($5,797 per ton), while the average price for exports to India ($2,149 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Chain Parts Price in China (CIF) - 2023
The average metal chain parts import price stood at $44,564 per ton in June 2023, surging by 8.2% against the previous month. In general, import price indicated a slight expansion from June 2022 to June 2023: its price increased at an average monthly rate of +1.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, metal chain parts import price increased by +92.7% against April 2023 indices. The growth pace was the most rapid in October 2022 when the average import price increased by 113% m-o-m. Over the period under review, average import prices reached the peak figure in June 2023.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($49,007 per ton), while the price for Poland ($27,997 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by India (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Chain Parts Exports in China
In 2022, approx. 10K tons of parts of chains of iron or steel were exported from China; surging by 33% on 2021. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +14.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.9% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, metal chain parts exports skyrocketed to $40M in 2022. In general, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Metal Chain Parts in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | N/A | 0.6 | 2.0 | 6.0 | 216.2% |
| United States | 2.5 | 2.3 | 1.8 | 3.2 | 8.6% |
| Thailand | 0.3 | 0.4 | 1.0 | 2.8 | 110.5% |
| Singapore | 0.8 | 0.8 | 0.9 | 2.0 | 35.7% |
| Japan | 0.5 | 0.5 | 0.5 | 1.8 | 53.3% |
| South Korea | 1.1 | 1.1 | 1.1 | 1.8 | 17.8% |
| Vietnam | 0.6 | 1.7 | 1.0 | 1.7 | 41.5% |
| Malaysia | 1.0 | 1.6 | 2.6 | 1.6 | 17.0% |
| Taiwan (Chinese) | 0.9 | 0.8 | 0.6 | 1.2 | 10.1% |
| Finland | 0.8 | 0.7 | 0.5 | 1.0 | 7.7% |
| India | 1.2 | 0.6 | 2.0 | 1.0 | -5.9% |
| Canada | 0.5 | 0.3 | 0.4 | 0.8 | 17.0% |
| Russia | 0.7 | 0.5 | 0.4 | 0.8 | 4.6% |
| Others | 10.3 | 9.8 | 14.2 | 14.7 | 12.6% |
| Total | 21.2 | 21.5 | 28.9 | 40.3 | 23.9% |
Top Export Markets for Metal Chain Parts from China in 2022:
- Mexico (1753.7 tons)
- Thailand (952.1 tons)
- United States (769.3 tons)
- Malaysia (600.0 tons)
- Taiwan (Chinese) (527.2 tons)
- South Korea (525.6 tons)
- India (457.7 tons)
- Singapore (383.9 tons)
- Vietnam (346.6 tons)
- Japan (302.1 tons)
- Canada (279.1 tons)
- Finland (237.2 tons)
- Russia (212.8 tons)
Metal Chain Parts Imports in China
In 2022, overseas purchases of parts of chains of iron or steel were finally on the rise to reach 355 tons after two years of decline. Overall, imports, however, faced a abrupt shrinkage.
In value terms, metal chain parts imports dropped modestly to $11M in 2022. Over the period under review, imports, however, continue to indicate a drastic downturn.
| Import of Metal Chain Parts in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 9.2 | 8.3 | 8.1 | 8.3 | -3.4% |
| Poland | 1.2 | 0.8 | 0.9 | 0.8 | -12.6% |
| United Kingdom | 0.7 | 0.5 | 0.1 | 0.8 | 4.6% |
| Italy | 0.5 | 0.7 | 0.5 | 0.2 | -26.3% |
| United States | 0.4 | 0.1 | 0.3 | 0.1 | -37.0% |
| Japan | N/A | 0.1 | 0.2 | 0.1 | 0.0% |
| India | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Others | 0.8 | 0.8 | 0.8 | 0.4 | -20.6% |
| Total | 12.9 | 11.4 | 10.9 | 10.7 | -6.0% |
Top Suppliers of Metal Chain Parts to China in 2022:
- Germany (186.9 tons)
- United Kingdom (99.3 tons)
- Poland (25.3 tons)
- United States (12.7 tons)
- Japan (7.8 tons)
- India (6.8 tons)
- Italy (5.7 tons)
This report provides an in-depth analysis of the metal chain parts market in China. 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 25931780 - Parts of chains, n.e.c., of iron or steel
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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