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

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

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Metal Skid Chain Price in Canada - 2023

Contents:

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

Metal Skid Chain Price in Canada (CIF) - 2023

In June 2023, the average metal skid chain import price amounted to $4,299 per ton, which is down by -14.2% against the previous month. Overall, the import price showed a noticeable slump. The pace of growth was the most pronounced in December 2022 an increase of 95% m-o-m. The import price peaked at $9,263 per ton in February 2023; however, from March 2023 to June 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Lithuania ($6,220 per ton), while the price for China ($2,974 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Lithuania (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Metal Skid Chain Price in Canada (FOB) - 2023

The average metal skid chain export price stood at $4,269 per ton in June 2023, rising by 24% against the previous month. In general, the export price, however, showed a mild setback. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 25% against the previous month. The export price peaked at $4,838 per ton in March 2023; however, from April 2023 to June 2023, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From June 2022 to June 2023, the rate of growth in terms of prices for Argentina amounted to 0.0% per month.

Metal Skid Chain Imports in Canada

In 2022, approx. 5K tons of iron or steel skid chain were imported into Canada; jumping by 62% compared with 2021. Overall, imports enjoyed prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal skid chain imports soared to $20M in 2022. Over the period under review, imports continue to indicate a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Metal Skid Chain in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.44.86.710.826.0%
Lithuania4.22.84.16.515.7%
United States0.80.90.71.111.2%
Norway1.00.40.40.7-11.2%
Finland0.4N/A0.50.57.7%
Austria1.20.21.20.3-37.0%
Others1.00.80.20.4-26.3%
Total14.09.913.820.313.2%

Top Suppliers of Metal Skid Chain to Canada in 2022:

  1. China (3031.2 tons)
  2. Lithuania (1478.1 tons)
  3. Norway (204.1 tons)
  4. United States (129.4 tons)
  5. Finland (110.0 tons)
  6. Austria (34.1 tons)

Metal Skid Chain Exports in Canada

In 2022, metal skid chain exports from Canada soared to 787 tons, increasing by 16% on 2021. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 24%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, metal skid chain exports skyrocketed to $3.3M in 2022. Overall, total exports indicated temperate growth from 2019 to 2022: its value increased at an average annual rate of +4.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 39%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Metal Skid Chain in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.71.92.73.14.7%
ArgentinaN/AN/AN/A0.10%
ParaguayN/AN/AN/AN/A0%
Others0.20.1N/AN/A-50.0%
Total2.92.02.73.34.4%

Top Export Markets for Metal Skid Chain from Canada in 2022:

  1. United States (726.7 tons)
  2. Argentina (27.3 tons)
  3. Paraguay (17.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal skid chain market in Canada. 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 25931730 - Iron or steel skid chain excluding chains fitted with cutting, or other articles in which chains play a subsidiary role, door guards finished with chains - surveying chains

Country coverage:

  • Canada

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Canada
  • 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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Free Data: Iron Or Steel Skid Chain - Canada