U.S. - Parts Of Chains Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Chain Parts Price in the United States - 2023
Contents:
- Metal Chain Parts Price in the United States (CIF) - 2022
- Metal Chain Parts Price in the United States (FOB) - 2023
- Metal Chain Parts Imports in the United States
- Metal Chain Parts Exports in the United States
Metal Chain Parts Price in the United States (CIF) - 2022
The average metal chain parts import price stood at $6,600 per ton in 2022, picking up by 16% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The import price peaked at $7,506 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($17,007 per ton), while the price for China ($3,592 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Chain Parts Price in the United States (FOB) - 2023
In August 2023, the average metal chain parts export price amounted to $11,230 per ton, rising by 4.5% against the previous month. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 45% m-o-m. The export price peaked at $12,883 per ton in April 2023; however, from May 2023 to August 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was South Korea ($18,447 per ton), while the average price for exports to Brazil ($6,651 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Chain Parts Imports in the United States
In 2022, imports of parts of chains of iron or steel into the United States skyrocketed to 9.4K tons, rising by 18% on 2021 figures. The total import volume increased at an average annual rate of +6.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, metal chain parts imports skyrocketed to $62M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +8.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Metal Chain Parts in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 14.4 | 11.6 | 14.4 | 17.5 | 6.7% |
| Germany | 8.8 | 6.4 | 6.7 | 9.9 | 4.0% |
| Italy | 7.0 | 4.1 | 4.1 | 7.1 | 0.5% |
| Austria | 5.2 | 2.9 | 4.1 | 5.1 | -0.6% |
| Canada | 3.2 | 2.0 | 2.6 | 4.5 | 12.0% |
| United Kingdom | 2.2 | 2.2 | 4.4 | 2.5 | 4.4% |
| Sweden | 0.3 | 0.3 | 0.4 | 2.3 | 97.2% |
| France | 3.3 | 2.4 | 1.6 | 1.5 | -23.1% |
| Others | 5.1 | 7.1 | 7.2 | 11.8 | 32.3% |
| Total | 49.3 | 39.0 | 45.6 | 62.2 | 8.1% |
Top Suppliers of Metal Chain Parts to the United States in 2022:
- China (4.9K tons)
- Canada (1.0K tons)
- Italy (0.7K tons)
- Austria (0.6K tons)
- Germany (0.6K tons)
- United Kingdom (0.3K tons)
- Sweden (0.3K tons)
- France (0.1K tons)
Metal Chain Parts Exports in the United States
In 2022, metal chain parts exports from the United States expanded significantly to 2.9K tons, surging by 10% compared with the previous year's figure. The total export volume increased at an average annual rate of +3.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, metal chain parts exports amounted to $29M in 2022. The total export value increased at an average annual rate of +4.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 35% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Metal Chain Parts in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 7.8 | 8.0 | 8.9 | 10.1 | 9.0% |
| Mexico | 3.8 | 2.9 | 4.3 | 3.7 | -0.9% |
| Chile | 1.7 | 0.9 | 1.1 | 1.6 | -2.0% |
| United Kingdom | 0.4 | 0.2 | 0.3 | 1.6 | 58.7% |
| Singapore | 0.8 | 0.7 | 0.6 | 1.2 | 14.5% |
| Colombia | 0.7 | 0.5 | 1.1 | 1.0 | 12.6% |
| Panama | 0.3 | 0.1 | 0.2 | 0.9 | 44.2% |
| South Korea | 0.9 | 0.4 | 1.2 | 0.9 | 0.0% |
| Peru | 1.2 | 0.6 | 0.7 | 0.7 | -16.4% |
| Brazil | 0.3 | 0.2 | 0.3 | 0.6 | 26.0% |
| Jordan | N/A | N/A | N/A | 0.6 | 0% |
| Vietnam | N/A | N/A | 0.8 | 0.5 | -37.5% |
| China | 0.5 | 0.2 | 0.3 | 0.5 | 0.0% |
| Others | 7.4 | 4.9 | 6.5 | 5.0 | -12.3% |
| Total | 25.5 | 19.6 | 26.3 | 28.8 | 4.1% |
Top Export Markets for Metal Chain Parts from the United States in 2022:
- Canada (1041.9 tons)
- Mexico (355.4 tons)
- United Kingdom (130.7 tons)
- Chile (122.7 tons)
- Panama (100.0 tons)
- Brazil (97.4 tons)
- Singapore (97.1 tons)
- Jordan (82.7 tons)
- South Korea (81.3 tons)
- Colombia (75.7 tons)
- China (67.8 tons)
- Vietnam (67.0 tons)
- Peru (59.2 tons)
This report provides an in-depth analysis of the metal chain parts 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 25931780 - Parts of chains, n.e.c., of iron or steel
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:
- 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
-
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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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...
834
In value terms, transmission shafts and cranks exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some not...
1144
In 2016, approx. X tons of transmission shaft were imported worldwide- dropping by -X% against the previous year level. Overall, transmission shaft imports continue to indicate a relatively fla...
818
In 2016, approx. X tons of transmission shaft were imported worldwide- dropping by -X% against the previous year level. Overall, transmission shaft imports continue to indicate a relatively fla...
