Republic of Korea - Iron Or Steel Articulated Link Chain - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingMetal Link Chain Price in South Korea - 2022
Contents:
- Metal Link Chain Price in South Korea (CIF) - 2022
- Metal Link Chain Price in South Korea (FOB) - 2022
- Metal Link Chain Imports in South Korea
- Metal Link Chain Exports in South Korea
Metal Link Chain Price in South Korea (CIF) - 2022
In December 2022, the average metal link chain import price amounted to $13,592 per ton, with an increase of 5.4% against the previous month. In general, the import price posted a temperate increase. The pace of growth was the most pronounced in November 2022 an increase of 147% against the previous month. The import price peaked at $14,854 per ton in March 2022; however, from April 2022 to December 2022, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($45,795 per ton), while the price for Vietnam ($3,306 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by China (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Link Chain Price in South Korea (FOB) - 2022
The average metal link chain export price stood at $7,330 per ton in 2022, growing by 7.7% against the previous year. In general, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal link chain export price increased by +44.8% against 2020 indices. The pace of growth was the most pronounced in 2013 an increase of 56%. As a result, the export price attained the peak level of $9,525 per ton. From 2014 to 2022, the average 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 Mexico ($50,101 per ton), while the average price for exports to Vietnam ($1,852 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 Mexico (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Link Chain Imports in South Korea
Metal link chain imports into South Korea soared to 3.9K tons in 2022, with an increase of 19% on 2021. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +15.2% 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 +54.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 30%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, metal link chain imports soared to $35M in 2022. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 43% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Metal Link Chain in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.2 | 1.5 | 2.1 | 14.7 | 88.3% |
| China | 3.8 | 4.8 | 7.6 | 9.1 | 33.8% |
| France | 7.3 | 4.8 | 4.9 | 4.1 | -17.5% |
| Vietnam | N/A | N/A | 1.1 | 1.9 | 72.7% |
| Japan | 1.3 | 1.7 | 3.0 | 1.7 | 9.4% |
| United States | 2.0 | 2.8 | 2.1 | 1.5 | -9.1% |
| Italy | 1.1 | 0.6 | 0.6 | 1.1 | 0.0% |
| Singapore | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Philippines | N/A | 0.3 | N/A | N/A | 0% |
| Bangladesh | N/A | N/A | 2.1 | N/A | 0% |
| Others | 0.9 | 0.5 | 1.2 | 0.9 | 0.0% |
| Total | 19.0 | 17.3 | 24.8 | 35.1 | 22.7% |
Top Suppliers of Metal Link Chain to South Korea in 2022:
- China (1687.7 tons)
- Germany (875.2 tons)
- Vietnam (657.2 tons)
- France (192.4 tons)
- United States (126.3 tons)
- Italy (117.2 tons)
- Japan (80.3 tons)
- Singapore (54.4 tons)
Metal Link Chain Exports in South Korea
In 2022, overseas shipments of iron or steel articulated link chain were finally on the rise to reach 2.5K tons after two years of decline. Overall, exports, however, recorded a abrupt slump.
In value terms, metal link chain exports skyrocketed to $18M in 2022. Over the period under review, exports, however, saw a pronounced descent.
| Export of Metal Link Chain in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 4.3 | 4.0 | 4.4 | 4.9 | 4.5% |
| China | 9.4 | 5.6 | 4.0 | 4.1 | -24.2% |
| Mexico | 0.8 | 0.6 | 0.6 | 2.9 | 53.6% |
| United States | 1.0 | 0.9 | 1.9 | 1.8 | 21.6% |
| Vietnam | 1.4 | 1.4 | 1.3 | 1.5 | 2.3% |
| Netherlands | 0.5 | 0.4 | 1.0 | 0.6 | 6.3% |
| Others | 2.8 | 1.6 | 2.6 | 2.5 | -3.7% |
| Total | 20.1 | 14.4 | 15.6 | 18.2 | -3.3% |
Top Export Markets for Metal Link Chain from South Korea in 2022:
- Vietnam (822.3 tons)
- Japan (762.2 tons)
- China (279.6 tons)
- United States (194.3 tons)
- Netherlands (84.0 tons)
- Mexico (57.7 tons)
This report provides an in-depth analysis of the metal link chain market in Republic of Korea. 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:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- 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
- 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
-
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
-
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
-
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
-
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
-
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
-
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
261
This report provides an in-depth analysis of the metal link chain market in Republic of Korea.
387
This report provides an in-depth analysis of the transmission shaft market in Republic of Korea.
251
This report provides an in-depth analysis of the metal chain market in Republic of Korea.
294
This report provides an in-depth analysis of the market for metal link chain parts in Republic of Korea.
245
This report provides an in-depth analysis of the metal skid chain market in Republic of Korea.
286
This report provides an in-depth analysis of the metal stud-link chain market in Republic of Korea.
312
This report provides an in-depth analysis of the metal chain parts market in Republic of Korea.
266
This report provides an in-depth analysis of the market for metal welded link chain in Republic of Korea.
391
This report provides an in-depth analysis of the global metal link chain market.
789
This report provides an in-depth analysis of the global transmission shaft market.
1306
In value terms, transmission shafts and cranks imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend patter...
837
In value terms, transmission shafts and cranks exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some not...
1146
In 2016, approx. X tons of transmission shaft were imported worldwide- dropping by -X% against the previous year level. Overall, transmission shaft imports continue to indicate a relatively fla...
821
In 2016, approx. X tons of transmission shaft were imported worldwide- dropping by -X% against the previous year level. Overall, transmission shaft imports continue to indicate a relatively fla...
1306
In value terms, transmission shafts and cranks imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend patter...
837
In value terms, transmission shafts and cranks exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some not...
1146
In 2016, approx. X tons of transmission shaft were imported worldwide- dropping by -X% against the previous year level. Overall, transmission shaft imports continue to indicate a relatively fla...
821
In 2016, approx. X tons of transmission shaft were imported worldwide- dropping by -X% against the previous year level. Overall, transmission shaft imports continue to indicate a relatively fla...
