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

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

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Metal Chain Price in Ireland - 2023

Contents:

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

Metal Chain Price in Ireland (CIF) - 2022

In 2022, the average metal chain import price amounted to $5,037 per ton, remaining relatively unchanged against the previous year. Overall, the import price, however, recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2013 when the average import price increased by 26%. As a result, import price attained the peak level of $9,743 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($24,333 per ton), while the price for Spain ($2,094 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Metal Chain Price in Ireland (FOB) - 2022

The average metal chain export price stood at $9,771 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the export price faced a sharp setback. The pace of growth was the most pronounced in 2018 an increase of 71% against the previous year. Over the period under review, the average export prices reached the maximum at $93,263 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($31,715 per ton), while the average price for exports to the UK ($7,094 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 Nigeria (+39.5%), while the prices for the other major destinations experienced mixed trend patterns.

Metal Chain Imports in Ireland

In 2022, the amount of iron or steel chain imported into Ireland rose rapidly to 200 tons, increasing by 12% compared with 2021 figures. In general, imports continue to indicate a resilient increase. The growth pace was the most rapid in 2021 with an increase of 72%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, metal chain imports rose sharply to $1M in 2022. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 79%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Import of Metal Chain in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China66.685.4N/A37778.2%
United Kingdom133194N/A29129.8%
Taiwan (Chinese)85.541.1N/A1139.7%
Finland35.75.8N/A72.126.4%
Spain0.24.3N/A16.1331.8%
Portugal32.196.8N/A9.8-32.7%
Hungary81.8N/AN/AN/A0%
United Arab EmiratesN/AN/A894N/A0%
Others10470.8N/A1287.2%
Total5384988941,00623.2%

Top Suppliers of Metal Chain to Ireland in 2022:

  1. China (122.1 tons)
  2. United Kingdom (29.5 tons)
  3. Finland (18.3 tons)
  4. Taiwan (Chinese) (10.0 tons)
  5. Spain (7.7 tons)
  6. Portugal (3.7 tons)

Metal Chain Exports in Ireland

For the third year in a row, Ireland recorded decline in shipments abroad of iron or steel chain, which decreased by 0% to 8.3 tons in 2022. In general, exports recorded a significant increase. The smallest decline of -35.8% was in 2020. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, metal chain exports amounted to $81K in 2022. Over the period under review, exports saw a significant increase. The smallest decline of -21.7% was in 2020. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

Export of Metal Chain in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom26.612.4N/A47.821.6%
DenmarkN/AN/AN/A15.20%
NetherlandsN/A5.0N/A5.65.8%
PortugalN/A2.0N/A2.12.5%
France3.62.0N/A0.1-69.7%
Belgium5.20.3N/A0.1-73.2%
Others3.38.5N/A9.944.2%
Total38.530.2N/A80.728.0%

Top Export Markets for Metal Chain from Ireland in 2022:

  1. France (undefined tons)
  2. Belgium (undefined tons)
  3. United Kingdom (6.7 tons)
  4. Denmark (0.5 tons)
  5. Netherlands (0.4 tons)
  6. Portugal (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal chain market in Ireland. 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 Ireland
  • 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 - Ireland