Price for Chain and Parts Thereof, of Iron or Steel in Japan - 2024
Contents:
- Price for Chain and Parts Thereof, of Iron or Steel in Japan (FOB) - 2024
- Price for Chain and Parts Thereof, of Iron or Steel in Japan (CIF) - 2024
- Exports of Chain and Parts Thereof, of Iron or Steel in Japan
- Imports of Chain and Parts Thereof, of Iron or Steel in Japan
Price for Chain and Parts Thereof, of Iron or Steel in Japan (FOB) - 2024
The average export price for chain and parts thereof, of iron or steel stood at $10,608 per ton in November 2023, declining by -9.2% against the previous month. Overall, the export price showed a slight decline. The most prominent rate of growth was recorded in October 2023 an increase of 7.3% m-o-m. The export price peaked at $12,455 per ton in March 2023; however, from April 2023 to November 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was Germany ($18,350 per ton), while the average price for exports to Canada ($7,550 per ton) was amongst the lowest.
From February 2023 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Chain and Parts Thereof, of Iron or Steel in Japan (CIF) - 2024
The average import price for chain and parts thereof, of iron or steel stood at $5,545 per ton in November 2023, waning by -23.7% against the previous month. Over the period under review, the import price continues to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 107% m-o-m. As a result, import price reached the peak level of $8,777 per ton. From May 2023 to November 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($68,397 per ton), while the price for China ($3,667 per ton) was amongst the lowest.
From February 2023 to November 2023, the most notable rate of growth in terms of prices was attained by China (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Chain and Parts Thereof, of Iron or Steel in Japan
In 2022, approx. 39K tons of chain and parts thereof, of iron or steel were exported from Japan; standing approx. at 2021. Overall, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 28% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, exports of chain and parts thereof, of iron or steel declined to $468M in 2022. The total export value increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year. As a result, the exports reached the peak of $517M, and then contracted in the following year.
| Export of Chain and Parts Thereof, of Iron or Steel in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 97.4 | 79.9 | 102 | 101 | 1.2% |
| Germany | 28.4 | 29.8 | 46.4 | 51.7 | 22.1% |
| Thailand | 52.5 | 37.5 | 59.0 | 47.1 | -3.6% |
| China | 48.1 | 51.5 | 62.5 | 44.4 | -2.6% |
| Netherlands | 30.0 | 28.5 | 34.4 | 32.7 | 2.9% |
| South Korea | 20.9 | 20.0 | 24.8 | 23.4 | 3.8% |
| Taiwan (Chinese) | 15.4 | 15.4 | 18.0 | 14.8 | -1.3% |
| Italy | 9.4 | 8.3 | 13.5 | 11.8 | 7.9% |
| Indonesia | 12.3 | 8.7 | 10.6 | 11.4 | -2.5% |
| Canada | 9.5 | 7.7 | 11.9 | 11.2 | 5.6% |
| Australia | 9.5 | 9.3 | 12.8 | 9.4 | -0.4% |
| India | 9.4 | 7.8 | 7.2 | 8.7 | -2.5% |
| Czech Republic | 8.3 | 5.2 | 9.4 | 7.7 | -2.5% |
| Others | 101 | 82.7 | 105 | 92.1 | -3.0% |
| Total | 452 | 392 | 517 | 468 | 1.2% |
Top Export Markets for Chain and Parts Thereof, of Iron or Steel from Japan in 2022:
- United States (8.6K tons)
- Thailand (4.2K tons)
- China (3.5K tons)
- Netherlands (3.2K tons)
- South Korea (2.7K tons)
- Germany (2.1K tons)
- Taiwan (Chinese) (1.5K tons)
- Indonesia (1.3K tons)
- Canada (1.2K tons)
- Australia (1.1K tons)
- Italy (1.0K tons)
- Czech Republic (0.9K tons)
- India (0.9K tons)
Imports of Chain and Parts Thereof, of Iron or Steel in Japan
In 2022, after two years of decline, there was significant growth in overseas purchases of chain and parts thereof, of iron or steel, when their volume increased by 14% to 50K tons. Over the period under review, imports, however, continue to indicate a noticeable decline.
In value terms, imports of chain and parts thereof, of iron or steel rose notably to $279M in 2022. The total import value increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 16%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Chain and Parts Thereof, of Iron or Steel in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 117 | 105 | 121 | 157 | 10.3% |
| Germany | 86.3 | 68.7 | 63.2 | 48.7 | -17.4% |
| Taiwan (Chinese) | 11.1 | 9.5 | 12.3 | 13.9 | 7.8% |
| South Korea | 10.8 | 7.2 | 8.6 | 9.6 | -3.9% |
| Thailand | 2.4 | 2.2 | 3.8 | 4.8 | 26.0% |
| Singapore | 2.7 | 2.5 | 3.4 | 2.9 | 2.4% |
| Others | 31.9 | 23.3 | 41.0 | 41.9 | 9.5% |
| Total | 262 | 218 | 253 | 279 | 2.1% |
Top Suppliers of Chain and Parts Thereof, of Iron or Steel to Japan in 2022:
- China (40.4K tons)
- Taiwan (Chinese) (3.0K tons)
- South Korea (2.1K tons)
- Thailand (0.8K tons)
- Germany (0.8K tons)
- Singapore (0.7K tons)
386
This report provides an in-depth analysis of the metal link chain market in Japan.
390
This report provides an in-depth analysis of the metal chain market in Japan.
392
This report provides an in-depth analysis of the market for metal link chain parts in Japan.
316
This report provides an in-depth analysis of the metal skid chain market in Japan.
320
This report provides an in-depth analysis of the metal stud-link chain market in Japan.
263
This report provides an in-depth analysis of the metal chain parts market in Japan.
340
This report provides an in-depth analysis of the market for metal welded link chain in Japan.
332
This report provides an in-depth analysis of the transmission shaft market in Japan.
416
This report provides an in-depth analysis of the global metal link chain market.
624
This report provides an in-depth analysis of the global metal chain market.
295
In April 2023, the Metal Chain price was $24,758 per ton (CIF, Japan), showing a decrease of 8.8% compared to the previous month.
244
In April 2023, the price of the Transmission Shaft reached $14,342 per ton (FOB, Japan), showing a 1.6% increase from the previous month.
1340
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...
880
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...
1192
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...
860
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...
295
In April 2023, the Metal Chain price was $24,758 per ton (CIF, Japan), showing a decrease of 8.8% compared to the previous month.
244
In April 2023, the price of the Transmission Shaft reached $14,342 per ton (FOB, Japan), showing a 1.6% increase from the previous month.
1340
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...
880
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...
