Saudi Arabia - Iron Or Steel Articulated Link Chain - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Link Chain Price in Saudi Arabia - 2021
Contents:
- Metal Link Chain Price in Saudi Arabia (CIF) - 2022
- Metal Link Chain Price in Saudi Arabia (FOB) - 2022
- Metal Link Chain Imports in Saudi Arabia
- Metal Link Chain Exports in Saudi Arabia
Metal Link Chain Price in Saudi Arabia (CIF) - 2022
In 2021, the average metal link chain import price amounted to $5,460 per ton, picking up by 96% against the previous year. Over the period under review, import price indicated noticeable growth from 2012 to 2021: its price increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($14,308 per ton), while the price for China ($2,353 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Link Chain Price in Saudi Arabia (FOB) - 2022
The average metal link chain export price stood at $3,359 per ton in 2022, declining by -10.8% against the previous year. Over the period under review, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2021 an increase of 89% against the previous year. Over the period under review, the average export prices reached the maximum at $5,731 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($3,463 per ton), while the average price for exports to Bahrain totaled $1,703 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+33.1%), while the prices for the other major destinations experienced mixed trend patterns.
Metal Link Chain Imports in Saudi Arabia
In 2021, after two years of growth, there was significant decline in overseas purchases of iron or steel articulated link chain, when their volume decreased by -64.9% to 1.4K tons. Over the period under review, imports faced a significant curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 44%. As a result, imports attained the peak of 4K tons, and then shrank significantly in the following year.
In value terms, metal link chain imports shrank sharply to $7.6M in 2021. In general, imports faced a drastic downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 17%. As a result, imports reached the peak of $11M, and then dropped dramatically in the following year.
| Import of Metal Link Chain in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Germany | 2.5 | 1.9 | 1.7 | -17.5% | |
| China | 2.1 | 2.3 | 1.5 | -15.5% | |
| Japan | 0.7 | 1.0 | 1.4 | 41.4% | |
| Italy | 1.0 | 0.6 | 0.7 | -16.3% | |
| South Korea | N/A | 0.9 | 0.5 | -44.4% | |
| United States | 1.3 | 1.5 | 0.4 | -44.5% | |
| United Arab Emirates | 0.4 | 1.6 | N/A | 300.0% | |
| Others | 1.5 | 1.3 | 1.3 | -6.9% | |
| Total | 9.4 | 11.1 | 7.6 | -10.1% | |
Top Suppliers of Metal Link Chain to Saudi Arabia in 2022:
- China (656.5 tons)
- South Korea (179.3 tons)
- Germany (128.8 tons)
- Japan (99.4 tons)
- Italy (52.4 tons)
- United States (35.0 tons)
Metal Link Chain Exports in Saudi Arabia
In 2022, after three years of growth, there was significant decline in overseas shipments of iron or steel articulated link chain, when their volume decreased by -34.2% to 7.9 tons. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 205%. As a result, the exports attained the peak of 12 tons, and then fell markedly in the following year.
In value terms, metal link chain exports contracted rapidly to $27K in 2022. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 477% against the previous year. As a result, the exports reached the peak of $45K, and then fell sharply in the following year.
| Export of Metal Link Chain in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | N/A | N/A | N/A | 12.8 | 0% |
| Bahrain | 5.3 | 50.2 | 33.3 | 0.7 | -49.1% |
| United Arab Emirates | N/A | 21.0 | 2.5 | N/A | -88.1% |
| Oman | N/A | 13.5 | 6.2 | N/A | -54.1% |
| Others | 2.7 | -76.9 | 3.3 | 13.0 | 68.9% |
| Total | 8.0 | 7.8 | 45.2 | 26.5 | 49.1% |
Top Export Markets for Metal Link Chain from Saudi Arabia in 2022:
- Philippines (3.7 tons)
- Bahrain (0.4 tons)
This report provides an in-depth analysis of the metal link chain market in Saudi Arabia. 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:
- Saudi Arabia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Saudi Arabia
- 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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