Report Update: Apr 1, 2024

Singapore - Iron Or Steel Articulated Link Chain - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Metal Link Chain Price in Singapore - 2022

Metal Link Chain Price in Singapore (CIF) - 2022

The average metal link chain import price stood at $9,671 per ton in September 2022, picking up by 165% against the previous month. In general, the import price saw a noticeable increase. The most prominent rate of growth was recorded in June 2022 an increase of 233% against the previous month. As a result, import price reached the peak level of $19,814 per ton. From July 2022 to September 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In September 2022, the country with the highest price was China ($8,333 per ton), while the price for Japan stood at $6,060 per ton.

From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by China (+5.9%).

Metal Link Chain Price in Singapore (FOB) - 2022

In 2022, the average metal link chain export price amounted to $6,895 per ton, rising by 8.1% against the previous year. In general, the export price showed a moderate expansion. The growth pace was the most rapid in 2013 an increase of 105%. As a result, the export price reached the peak level of $9,458 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($10,218 per ton), while the average price for exports to the United Arab Emirates ($1,078 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 Vietnam (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Link Chain Imports in Singapore

In 2022, the amount of iron or steel articulated link chain imported into Singapore declined to 711 tons, falling by -5.6% compared with the year before. Overall, imports showed a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 113%.

In value terms, metal link chain imports stood at $3.4M in 2022. Over the period under review, imports recorded a perceptible setback. The growth pace was the most rapid in 2021 with an increase of 77% against the previous year.

Import of Metal Link Chain in Singapore (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	2,378	244	1,683	2,358	-0.3%
United States	203	479	237	214	1.8%
Japan	428	284	583	161	-27.8%
Finland	394	133	151	62.8	-45.8%
Others	526	556	350	595	4.2%
Total	3,930	1,696	3,005	3,391	-4.8%

Top Suppliers of Metal Link Chain to Singapore in 2022:

China (631.8 tons)
Japan (20.9 tons)
United States (11.4 tons)
Finland (9.9 tons)

Metal Link Chain Exports in Singapore

For the third consecutive year, Singapore recorded decline in shipments abroad of iron or steel articulated link chain, which decreased by -24.5% to 339 tons in 2022. In general, exports showed a significant curtailment. The smallest decline of -10.2% was in 2021.

In value terms, metal link chain exports reduced sharply to $2.3M in 2022. Overall, exports showed a precipitous setback. The pace of growth was the most pronounced in 2021 with an increase of 19% against the previous year.

Export of Metal Link Chain in Singapore (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Indonesia	2,238	1,623	2,009	1,189	-19.0%
Malaysia	1,814	293	331	467	-36.4%
Vietnam	95.2	36.1	29.6	129	10.7%
Philippines	14.2	0.2	50.5	73.0	72.6%
South Korea	N/A	3.2	N/A	66.6	356.2%
Japan	3.1	24.6	23.6	26.6	104.7%
United Arab Emirates	N/A	N/A	0.3	24.9	8200.0%
Others	550	427	421	363	-12.9%
Total	4,714	2,406	2,864	2,339	-20.8%

Top Export Markets for Metal Link Chain from Singapore in 2022:

Indonesia (162.3 tons)
Malaysia (87.9 tons)
United Arab Emirates (23.1 tons)
Philippines (13.6 tons)
Vietnam (12.6 tons)
Japan (9.2 tons)
South Korea (8.3 tons)

Source: IndexBox Market Intelligence Platform

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

Singapore

Data coverage:

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

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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