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

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

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Metal Chain Price in Romania - 2023

Contents:

  1. Metal Chain Price in Romania (CIF) - 2023
  2. Metal Chain Price in Romania (FOB) - 2022
  3. Metal Chain Imports in Romania
  4. Metal Chain Exports in Romania

Metal Chain Price in Romania (CIF) - 2023

The average metal chain import price stood at $3,393 per ton in July 2023, waning by -8.9% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the average import price increased by 127% m-o-m. As a result, import price attained the peak level of $4,778 per ton. From February 2023 to July 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Hungary ($16,566 per ton), while the price for Turkey ($1,834 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Hungary (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Metal Chain Price in Romania (FOB) - 2022

The average metal chain export price stood at $7,690 per ton in 2022, waning by -10.4% against the previous year. Overall, the export price, however, showed a slight expansion. The growth pace was the most rapid in 2020 when the average export price increased by 54% against the previous year. Over the period under review, the average export prices reached the maximum at $8,582 per ton in 2021, and then declined in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($53,221 per ton), while the average price for exports to Bulgaria ($3,154 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 Moldova (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Chain Imports in Romania

In 2022, the amount of iron or steel chain imported into Romania declined to 771 tons, waning by -13.9% on the year before. Overall, imports recorded a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 6.6% against the previous year.

In value terms, metal chain imports declined to $2.4M in 2022. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 9.7%. As a result, imports reached the peak of $2.6M, and then dropped in the following year.

Import of Metal Chain in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey591585659552-2.2%
China525252355428-6.6%
Netherlands18030535630919.7%
Germany2572772242630.8%
Italy15215917322313.6%
Hungary21674.066.2115-19.0%
Austria13595.472.5107-7.5%
Others3256437143714.5%
Total2,3822,3902,6202,369-0.2%

Top Suppliers of Metal Chain to Romania in 2022:

  1. Turkey (320.1 tons)
  2. China (191.6 tons)
  3. Italy (110.2 tons)
  4. Netherlands (55.7 tons)
  5. Hungary (24.0 tons)
  6. Germany (23.9 tons)
  7. Austria (13.6 tons)

Metal Chain Exports in Romania

In 2022, overseas shipments of iron or steel chain increased by 11% to 18 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a deep reduction.

In value terms, metal chain exports shrank slightly to $138K in 2022. In general, exports, however, showed a deep slump. The growth pace was the most rapid in 2020 when exports increased by 20% against the previous year. As a result, the exports reached the peak of $197K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Metal Chain in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR35.226.918.220.8-16.1%
Hungary36.047.119.620.6-17.0%
Bulgaria20.928.031.318.0-4.9%
Lithuania12.714.618.511.9-2.1%
Italy2.90.60.410.252.1%
Moldova5.618.318.08.615.4%
LatviaN/AN/AN/A3.50%
Kazakhstan23.7N/AN/A1.5-60.1%
Others28.161.832.042.715.0%
Total165197138138-5.8%

Top Export Markets for Metal Chain from Romania in 2022:

  1. Kazakhstan (undefined tons)
  2. Bulgaria (5.7 tons)
  3. Hungary (4.3 tons)
  4. Lithuania (2.9 tons)
  5. Italy (1.3 tons)
  6. Latvia (1.0 tons)
  7. Moldova (0.5 tons)
  8. Hong Kong SAR (0.4 tons)

Source: IndexBox Market Intelligence Platform

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

  • Romania

Data coverage:

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