China - Iron Or Steel Chain - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Chain Price in China - 2023
Contents:
- Metal Chain Price in China (FOB) - 2023
- Metal Chain Price in China (CIF) - 2023
- Metal Chain Exports in China
- Metal Chain Imports in China
Metal Chain Price in China (FOB) - 2023
In June 2023, the average metal chain export price amounted to $4,088 per ton, with a decrease of -2.3% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 14% month-to-month. The export price peaked at $5,320 per ton in March 2023; however, from April 2023 to June 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Singapore ($8,977 per ton), while the average price for exports to Colombia ($883 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Chain Price in China (CIF) - 2023
The average metal chain import price stood at $10,052 per ton in June 2023, falling by -16.6% against the previous month. Over the period under review, the import price showed a pronounced contraction. The pace of growth was the most pronounced in August 2022 when the average import price increased by 68% month-to-month. The import price peaked at $18,771 per ton in September 2022; however, from October 2022 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the Netherlands ($124K per ton), while the price for South Africa ($2,692 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 (+22.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Chain Exports in China
In 2022, exports of iron or steel chain from China skyrocketed to 38K tons, growing by 22% compared with the previous year. The total export volume increased at an average annual rate of +9.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, metal chain exports surged to $156M in 2022. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Metal Chain in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 15.8 | 14.6 | 18.8 | 22.1 | 11.8% |
Canada | 6.9 | 6.2 | 7.2 | 10.9 | 16.5% |
Germany | 6.0 | 5.8 | 8.4 | 9.0 | 14.5% |
Vietnam | 4.5 | 5.9 | 5.6 | 7.7 | 19.6% |
Malaysia | 2.1 | 2.7 | 4.2 | 6.4 | 45.0% |
Singapore | 1.9 | 1.5 | 1.9 | 6.2 | 48.3% |
Thailand | 1.7 | 2.5 | 5.1 | 6.2 | 53.9% |
India | 2.7 | 1.8 | 3.9 | 5.3 | 25.2% |
Italy | 2.0 | 2.1 | 3.0 | 5.2 | 37.5% |
Turkey | 1.1 | 0.8 | 2.3 | 5.1 | 66.7% |
Indonesia | 2.6 | 2.0 | 2.8 | 4.5 | 20.1% |
Australia | 1.8 | 1.6 | 1.7 | 3.9 | 29.4% |
Mexico | 2.1 | 2.1 | 2.1 | 2.7 | 8.7% |
Others | 35.1 | 38.0 | 47.2 | 60.6 | 20.0% |
Total | 86.3 | 87.5 | 114 | 156 | 21.8% |
Top Export Markets for Metal Chain from China in 2022:
- United States (6.8K tons)
- Canada (3.3K tons)
- Germany (2.2K tons)
- Singapore (1.5K tons)
- Thailand (1.5K tons)
- Turkey (1.2K tons)
- Indonesia (1.2K tons)
- Vietnam (1.2K tons)
- India (1.1K tons)
- Australia (0.9K tons)
- Italy (0.9K tons)
- Malaysia (0.9K tons)
- Mexico (0.8K tons)
Metal Chain Imports in China
In 2022, imports of iron or steel chain into China reduced dramatically to 889 tons, dropping by -35.4% compared with 2021. Over the period under review, imports faced a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 4.4%.
In value terms, metal chain imports dropped to $12M in 2022. In general, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2020 when imports increased by 17%. As a result, imports attained the peak of $17M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Metal Chain in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 5.8 | 9.7 | 6.1 | 5.8 | 0.0% |
South Korea | 1.5 | 2.2 | 1.5 | 1.6 | 2.2% |
Germany | 3.3 | 1.4 | 2.3 | 1.3 | -26.7% |
United States | 1.1 | 0.4 | 0.8 | 0.8 | -10.1% |
Netherlands | 0.1 | 0.1 | 0.3 | 0.3 | 44.2% |
India | N/A | N/A | 0.2 | 0.3 | 50.0% |
Austria | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
Turkey | 0.2 | 0.6 | 0.3 | 0.1 | -20.6% |
South Africa | N/A | 0.1 | 0.8 | 0.1 | 0.0% |
Sweden | 0.7 | 0.4 | 0.2 | 0.1 | -47.7% |
Poland | 0.4 | N/A | N/A | N/A | 0% |
Others | 1.1 | 1.8 | 1.0 | 1.5 | 10.9% |
Total | 14.3 | 16.8 | 13.8 | 12.0 | -5.7% |
Top Suppliers of Metal Chain to China in 2022:
- Japan (419.0 tons)
- Germany (96.3 tons)
- India (85.5 tons)
- South Korea (79.7 tons)
- United States (42.2 tons)
- Austria (34.0 tons)
- South Africa (23.1 tons)
- Turkey (17.3 tons)
- Netherlands (17.0 tons)
- Sweden (3.2 tons)
- Poland (0.1 tons)
This report provides an in-depth analysis of the metal chain 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 25931750 - Iron or steel chain excluding articulated link chain, skid chain, s tud-link and welded link chain - chain saws, or other articles in which chains play a subsidiary role, surveying chains
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
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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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In February 2023, the price of metal chain per ton (FOB, China) was $4,846, an increase of 13% from the previous month.
Metal Link Chain exports in June 2023 decreased to $19M in value.
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...
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...
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...
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...
In February 2023, the price of metal chain per ton (FOB, China) was $4,846, an increase of 13% from the previous month.
Metal Link Chain exports in June 2023 decreased to $19M in value.
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...
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...