Belgium - Iron Or Steel Articulated Link Chain - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Link Chain Price in Belgium - 2023
Contents:
- Metal Link Chain Price in Belgium (FOB) - 2023
- Metal Link Chain Price in Belgium (CIF) - 2022
- Metal Link Chain Exports in Belgium
- Metal Link Chain Imports in Belgium
Metal Link Chain Price in Belgium (FOB) - 2023
The average metal link chain export price stood at $11,690 per ton in July 2023, with an increase of 24% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.2%. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 42% month-to-month. As a result, the export price reached the peak level of $12,738 per ton. From March 2023 to July 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Poland ($16,102 per ton), while the average price for exports to France ($7,267 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Link Chain Price in Belgium (CIF) - 2022
In 2022, the average metal link chain import price amounted to $6,090 per ton, with an increase of 21% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 49%. The import price peaked at $9,243 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
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 Italy ($15,575 per ton), while the price for France ($2,589 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Link Chain Exports in Belgium
In 2022, after three years of growth, there was significant decline in shipments abroad of iron or steel articulated link chain, when their volume decreased by -43.1% to 1.2K tons. In general, exports, however, posted a strong expansion. The pace of growth appeared the most rapid in 2020 with an increase of 70%.
In value terms, metal link chain exports fell rapidly to $12M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +44.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 41%. As a result, the exports attained the peak of $16M, and then dropped sharply in the following year.
| Export of Metal Link Chain in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1,260 | 2,731 | 2,915 | 2,455 | 24.9% |
| Germany | 1,072 | 1,518 | 1,522 | 1,579 | 13.8% |
| Netherlands | 880 | 1,157 | 1,300 | 1,323 | 14.6% |
| Italy | 491 | 625 | 771 | 713 | 13.2% |
| Poland | 415 | 591 | 646 | 712 | 19.7% |
| United Kingdom | 169 | 232 | 3,719 | 619 | 54.1% |
| Spain | 350 | 517 | 633 | 597 | 19.5% |
| United States | 38.2 | 129 | 136 | 452 | 127.9% |
| Algeria | 94.3 | 33.0 | 129 | 188 | 25.9% |
| Sweden | 86.2 | 128 | 474 | 172 | 25.9% |
| Russia | 231 | 281 | 300 | 81.6 | -29.3% |
| Libya | 1,094 | 754 | 0.6 | 0.1 | -95.5% |
| Others | 1,979 | 2,550 | 3,336 | 2,922 | 13.9% |
| Total | 8,161 | 11,244 | 15,881 | 11,813 | 13.1% |
Top Export Markets for Metal Link Chain from Belgium in 2022:
- Libya (undefined tons)
- Netherlands (326.9 tons)
- France (241.2 tons)
- Germany (117.6 tons)
- United Kingdom (83.1 tons)
- Italy (66.8 tons)
- Poland (51.7 tons)
- Spain (38.4 tons)
- Sweden (20.8 tons)
- Algeria (20.1 tons)
- United States (19.6 tons)
- Russia (11.1 tons)
Metal Link Chain Imports in Belgium
In 2022, overseas purchases of iron or steel articulated link chain decreased by -35.3% to 1.4K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of 61% against the previous year.
In value terms, metal link chain imports shrank notably to $8.7M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +7.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +23.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 33%. As a result, imports attained the peak of $11M, and then contracted notably in the following year.
| Import of Metal Link Chain in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.4 | 5.3 | 5.0 | 4.7 | 2.2% |
| Netherlands | 1.5 | 1.6 | 2.2 | 1.8 | 6.3% |
| Sweden | N/A | N/A | 0.6 | 0.5 | -16.7% |
| China | 0.3 | 0.4 | 0.4 | 0.3 | 0.0% |
| France | 0.2 | 0.2 | 2.2 | 0.2 | 0.0% |
| United Kingdom | 0.3 | 0.2 | 0.1 | 0.1 | -30.7% |
| South Korea | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.5 | 0.7 | 0.7 | 1.0 | 26.0% |
| Total | 7.1 | 8.4 | 11.2 | 8.7 | 7.0% |
Top Suppliers of Metal Link Chain to Belgium in 2022:
- Germany (826.2 tons)
- Netherlands (342.8 tons)
- France (73.7 tons)
- China (57.3 tons)
- Sweden (49.3 tons)
- South Korea (24.6 tons)
- United Kingdom (11.2 tons)
This report provides an in-depth analysis of the metal link chain market in Belgium. 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 28152170 - Iron or steel articulated link chain (excluding roller chain)
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- 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
-
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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