Report Update: May 1, 2024

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

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Metal Skid Chain Price in Malaysia - 2021

Metal Skid Chain Price in Malaysia (FOB) - 2021

In December 2021, the average metal skid chain export price amounted to $13,402 per ton, rising by 447% against the previous month. Overall, the export price showed a prominent increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In December 2021, the country with the highest price was France ($14,085 per ton), while the average price for exports to Australia amounted to $4,088 per ton.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Papua New Guinea (+90.6%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Skid Chain Price in Malaysia (CIF) - 2022

In 2022, the average metal skid chain import price amounted to $5,202 per ton, growing by 2.3% against the previous year. Overall, the import price recorded a strong increase. The pace of growth appeared the most rapid in 2014 an increase of 60% against the previous year. Over the period under review, average import prices reached the peak figure at $7,364 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($15,585 per ton), while the price for Thailand ($2,943 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Metal Skid Chain Exports in Malaysia

In 2022, overseas shipments of iron or steel skid chain increased by 58% to 130 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a dramatic descent.

In value terms, metal skid chain exports soared to $1.2M in 2022. In general, exports, however, showed a sharp slump.

Export of Metal Skid Chain in Malaysia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	2,256	1,728	212	384	-44.6%
Singapore	279	0.9	0.4	25.5	-55.0%
Australia	29.5	53.6	38.8	16.4	-17.8%
Solomon Islands	4.7	7.0	20.6	8.7	22.8%
Thailand	28.2	22.2	8.9	3.8	-48.7%
Nigeria	148	N/A	N/A	N/A	0%
Others	97.0	98.2	207	760	98.6%
Total	2,843	1,910	487	1,199	-25.0%

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

France (35.7 tons)
Singapore (9.2 tons)
Australia (8.2 tons)
Solomon Islands (4.5 tons)
Thailand (0.7 tons)

Metal Skid Chain Imports in Malaysia

In 2022, approx. 95 tons of iron or steel skid chain were imported into Malaysia; jumping by 36% on the year before. In general, imports recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 152% against the previous year. As a result, imports attained the peak of 119 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, metal skid chain imports skyrocketed to $496K in 2022. Over the period under review, imports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2020 when imports increased by 82% against the previous year. As a result, imports reached the peak of $635K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Metal Skid Chain in Malaysia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Indonesia	186	192	131	283	15.0%
Thailand	26.9	45.3	26.9	48.8	22.0%
China	22.2	21.9	19.0	34.4	15.7%
Netherlands	41.1	28.8	2.8	23.6	-16.9%
Singapore	23.9	14.7	8.6	17.2	-10.4%
Germany	5.3	271	78.0	3.7	-11.3%
Slovenia	N/A	19.7	1.6	N/A	-91.9%
Others	43.4	40.7	89.9	85.5	25.4%
Total	348	635	358	496	12.5%

Top Suppliers of Metal Skid Chain to Malaysia in 2022:

Indonesia (63.0 tons)
Thailand (16.6 tons)
China (6.0 tons)
Singapore (3.2 tons)
Netherlands (1.5 tons)
Germany (0.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal skid chain market in Malaysia. 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:

Malaysia

Data coverage:

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