India - Parts Of Chains Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

India - Parts Of Chains Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights

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Metal Chain Parts Price in India - 2023

Contents:

  1. Metal Chain Parts Price in India (CIF) - 2023
  2. Metal Chain Parts Price in India (FOB) - 2023
  3. Metal Chain Parts Imports in India
  4. Metal Chain Parts Exports in India

Metal Chain Parts Price in India (CIF) - 2023

In July 2023, the average metal chain parts import price amounted to $4,384 per ton, shrinking by -22.9% against the previous month. In general, the import price recorded a slight contraction. The pace of growth was the most pronounced in August 2022 when the average import price increased by 254% m-o-m. As a result, import price attained the peak level of $17,866 per ton. From September 2022 to July 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($41,480 per ton), while the price for China ($1,655 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (-1.7%), while the prices for the other major suppliers experienced a decline.

Metal Chain Parts Price in India (FOB) - 2023

In July 2023, the average metal chain parts export price amounted to $3,840 per ton, shrinking by -9% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 42% m-o-m. As a result, the export price reached the peak level of $4,773 per ton. From May 2023 to July 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was the United States ($6,199 per ton), while the average price for exports to Saudi Arabia ($1,543 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Chain Parts Imports in India

In 2022, after two years of decline, there was significant growth in purchases abroad of parts of chains of iron or steel, when their volume increased by 11% to 1.7K tons. Over the period under review, imports, however, continue to indicate a abrupt slump.

In value terms, metal chain parts imports shrank rapidly to $5.4M in 2022. Overall, imports, however, continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 when imports increased by 38%.

Import of Metal Chain Parts in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)2.32.02.31.4-15.3%
China2.91.71.41.2-25.5%
Germany1.71.10.90.8-22.2%
Others1.80.93.32.03.6%
Total8.75.77.95.4-14.7%

Top Suppliers of Metal Chain Parts to India in 2022:

  1. China (924.5 tons)
  2. Taiwan (Chinese) (667.9 tons)
  3. Germany (53.6 tons)

Metal Chain Parts Exports in India

Metal chain parts exports from India soared to 2.3K tons in 2022, rising by 36% against the previous year's figure. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +14.4% 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 +56.8% 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 surged to $11M in 2022. In general, exports saw a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Metal Chain Parts in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,7441,6711,6232,41111.4%
United States1,3626731,3772,04614.5%
Belgium26628863093552.0%
United Kingdom4916142036238.3%
China10216930445264.3%
Italy3792712124122.8%
Czech Republic15816323234529.7%
Netherlands8.6448221325235.6%
Finland19714721131416.8%
Poland40.919619829493.0%
South Africa84.875.318126846.8%
Slovenia99.245.516123934.1%
Denmark66.715815623251.5%
Others1,5371,3581,3392,27614.0%
Total6,5376,2777,04911,17219.6%

Top Export Markets for Metal Chain Parts from India in 2022:

  1. Germany (564.0 tons)
  2. United States (377.5 tons)
  3. Belgium (180.1 tons)
  4. United Kingdom (152.9 tons)
  5. China (88.9 tons)
  6. Italy (79.6 tons)
  7. Netherlands (77.0 tons)
  8. Slovenia (74.7 tons)
  9. Czech Republic (70.7 tons)
  10. Denmark (67.1 tons)
  11. Finland (66.4 tons)
  12. Poland (63.5 tons)
  13. South Africa (58.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal chain parts market in India. 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:

  • India

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in India
  • 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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In value terms, transmission shafts and cranks imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend patter...

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Free Data: Parts Of Chains Of Iron Or Steel - India