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

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

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Metal Chain Price in Pakistan - 2023

Contents:

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

Metal Chain Price in Pakistan (CIF) - 2022

The average metal chain import price stood at $5,127 per ton in 2022, with an increase of 24% against the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal chain import price decreased by -7.8% against 2020 indices. The pace of growth appeared the most rapid in 2015 an increase of 46%. Over the period under review, average import prices attained the maximum at $5,802 per ton in 2017; however, from 2018 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 Thailand ($16,866 per ton), while the price for China ($2,982 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Metal Chain Price in Pakistan (FOB) - 2022

In 2022, the average metal chain export price amounted to $2,223 per ton, reducing by -9.1% against the previous year. Over the period under review, the export price saw a drastic downturn. The most prominent rate of growth was recorded in 2016 when the average export price increased by 22% against the previous year. As a result, the export price reached the peak level of $6,040 per ton. From 2017 to 2022, the average export prices failed to regain momentum.

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 Canada ($10,000 per ton), while the average price for exports to the United Arab Emirates ($303 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 Canada (+10.8%), while the prices for the other major destinations experienced a decline.

Metal Chain Imports in Pakistan

In 2022, the amount of iron or steel chain imported into Pakistan rose remarkably to 86 tons, growing by 10% on the previous year. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 37% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, metal chain imports soared to $440K in 2022. In general, imports saw a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Metal Chain in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China98.975.168.491.2-2.7%
Switzerland18.444.560.982.464.8%
Thailand63.260.252.862.8-0.2%
United States19.244.437.037.024.4%
Taiwan (Chinese)1.12.612.324.1179.8%
Sweden2.84.77.223.0101.8%
Denmark18.18.516.021.66.1%
Turkey13.67.32.920.715.0%
Austria3.96.82.311.643.8%
Netherlands4.52.36.99.327.4%
Italy26.510.910.78.7-31.0%
Germany86.818.814.48.1-54.6%
Others70.528.931.639.0-17.9%
Total4283153234400.9%

Top Suppliers of Metal Chain to Pakistan in 2022:

  1. China (30.6 tons)
  2. Switzerland (12.4 tons)
  3. United States (10.5 tons)
  4. Turkey (3.9 tons)
  5. Thailand (3.7 tons)
  6. Austria (3.5 tons)
  7. Denmark (3.3 tons)
  8. Sweden (3.3 tons)
  9. Taiwan (Chinese) (2.5 tons)
  10. Netherlands (2.2 tons)
  11. Italy (1.2 tons)
  12. Germany (1.0 tons)

Metal Chain Exports in Pakistan

Metal chain exports from Pakistan skyrocketed to 673 kg in 2022, jumping by 18% on the year before. Overall, exports, however, recorded a abrupt decrease.

In value terms, metal chain exports expanded notably to $1.5K in 2022. In general, exports, however, faced a significant decline.

Export of Metal Chain in Pakistan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada1,098404299400-28.6%
United Kingdom446179165214-21.7%
China898192148173-42.2%
Germany18727.096.0108-16.7%
United Arab Emirates25582.075.097.0-27.5%
United States19361.055.081.0-25.1%
Brazil20133.041.045.0-39.3%
Denmark75.027.038.041.0-18.2%
Belarus11429.021.021.0-43.1%
Bahrain96.025.017.020.0-40.7%
Thailand36.011.010.014.0-27.0%
Netherlands23714693.012.0-63.0%
Spain40940.011.02.0-83.0%
Others1,052347322268-36.6%
Total5,2971,6031,3911,496-34.4%

Top Export Markets for Metal Chain from Pakistan in 2022:

  1. United Arab Emirates (320.0 kg)
  2. United Kingdom (63.0 kg)
  3. Belarus (55.0 kg)
  4. Canada (40.0 kg)
  5. Germany (29.0 kg)
  6. Bahrain (27.0 kg)
  7. Denmark (21.0 kg)
  8. United States (20.0 kg)
  9. Thailand (14.0 kg)
  10. Netherlands (8.0 kg)
  11. China (8.0 kg)
  12. Brazil (5.0 kg)
  13. Spain (1.0 kg)

Source: IndexBox Market Intelligence Platform

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

  • Pakistan

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Pakistan
  • 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 - Pakistan