Iran - Iron Or Steel Chain - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Iran - Iron Or Steel Chain - Market Analysis, Forecast, Size, Trends And Insights

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Metal Chain Price in Iran - 2022

Contents:

  1. Metal Chain Price in Iran (CIF) - 2022
  2. Metal Chain Price in Iran (FOB) - 2022
  3. Metal Chain Imports in Iran
  4. Metal Chain Exports in Iran

Metal Chain Price in Iran (CIF) - 2022

The average metal chain import price stood at $1,673 per ton in 2022, dropping by -20.3% against the previous year. Overall, the import price showed a mild decline. The pace of growth appeared the most rapid in 2018 when the average import price increased by 32%. Over the period under review, average import prices reached the maximum at $3,651 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($11,423 per ton), while the price for China ($1,468 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+0.4%), while the prices for the other major suppliers experienced a decline.

Metal Chain Price in Iran (FOB) - 2022

The average metal chain export price stood at $1,749 per ton in 2022, shrinking by -25.8% against the previous year. Overall, the export price saw a noticeable curtailment. The most prominent rate of growth was recorded in 2015 when the average export price increased by 233% against the previous year. Over the period under review, the average export prices attained the peak figure at $3,889 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Azerbaijan ($2,053 per ton), while the average price for exports to Georgia stood at $1,309 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+31.0%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Chain Imports in Iran

In 2022, imports of iron or steel chain into Iran skyrocketed to 2.3K tons, increasing by 39% compared with 2021 figures. Overall, imports recorded a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 563%. As a result, imports attained the peak of 2.5K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, metal chain imports expanded markedly to $3.9M in 2022. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 460%. As a result, imports attained the peak of $4.3M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Metal Chain in Iran (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.43.62.33.197.9%
NetherlandsN/AN/AN/A0.40%
Turkey0.20.20.80.20.0%
Others0.20.40.40.20.0%
Total0.84.33.63.969.6%

Top Suppliers of Metal Chain to Iran in 2022:

  1. China (2131.7 tons)
  2. Turkey (117.5 tons)
  3. Netherlands (43.6 tons)

Metal Chain Exports in Iran

In 2022, after three years of growth, there was significant decline in overseas shipments of iron or steel chain, when their volume decreased by -15.6% to 12 tons. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 190% against the previous year. As a result, the exports reached the peak of 14 tons, and then declined rapidly in the following year.

In value terms, metal chain exports reduced notably to $21K in 2022. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 327%.

Export of Metal Chain in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GeorgiaN/AN/A13.012.3-5.4%
Azerbaijan0.61.14.85.0102.7%
SpainN/A7.1N/AN/A0%
TajikistanN/A0.115.0N/A14900.0%
Ethiopia1.4N/AN/AN/A0%
OthersN/A0.10.53.6500.0%
Total2.08.433.420.9118.6%

Top Export Markets for Metal Chain from Iran in 2022:

  1. Georgia (9.4 tons)
  2. Azerbaijan (2.4 tons)

Source: IndexBox Market Intelligence Platform

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

  • Iran

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Iran
  • 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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Free Data: Iron Or Steel Chain - Iran