Price for Chain; Articulated Link, Roller, of Iron or Steel in Australia - 2023

Contents:

1. Price for Chain; Articulated Link, Roller, of Iron or Steel in Australia (CIF) - 2022
2. Price for Chain; Articulated Link, Roller, of Iron or Steel in Australia (FOB) - 2022
3. Imports of Chain; Articulated Link, Roller, of Iron or Steel in Australia
4. Exports of Chain; Articulated Link, Roller, of Iron or Steel in Australia

Price for Chain; Articulated Link, Roller, of Iron or Steel in Australia (CIF) - 2022

The average import price for chain; articulated link, roller, of iron or steel stood at $11,318 per ton in 2022, with an increase of 2.3% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 15% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($26,252 per ton), while the price for China ($6,135 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Chain; Articulated Link, Roller, of Iron or Steel in Australia (FOB) - 2022

In 2022, the average export price for chain; articulated link, roller, of iron or steel amounted to $11,875 per ton, waning by -19.2% against the previous year. In general, the export price, however, recorded tangible growth. The pace of growth appeared the most rapid in 2020 an increase of 65% against the previous year. As a result, the export price attained the peak level of $16,595 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($39,353 per ton), while the average price for exports to Canada ($4,406 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 the United States (+20.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chain; Articulated Link, Roller, of Iron or Steel in Australia

In 2022, imports of chain; articulated link, roller, of iron or steel into Australia dropped to 2.9K tons, remaining constant against 2021. The total import volume increased at an average annual rate of +7.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 28%. As a result, imports attained the peak of 2.9K tons, leveling off in the following year.

In value terms, imports of chain; articulated link, roller, of iron or steel stood at $33M in 2022. The total import value increased at an average annual rate of +9.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 32%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Top Suppliers of Chain; Articulated Link, Roller, of Iron or Steel to Australia in 2022:

1. China (1090.8 tons)
2. Japan (1063.9 tons)
3. United States (249.1 tons)
4. Taiwan (Chinese) (245.3 tons)
5. Germany (64.9 tons)
6. Italy (43.5 tons)

Exports of Chain; Articulated Link, Roller, of Iron or Steel in Australia

In 2022, the amount of chain; articulated link, roller, of iron or steel exported from Australia amounted to 104 tons, growing by 2.6% compared with 2021 figures. Overall, exports, however, recorded a significant contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 57% against the previous year.

In value terms, exports of chain; articulated link, roller, of iron or steel dropped markedly to $1.2M in 2022. In general, exports, however, showed a precipitous slump. The most prominent rate of growth was recorded in 2021 when exports increased by 39% against the previous year.

Top Export Markets for Chain; Articulated Link, Roller, of Iron or Steel from Australia in 2022:

1. New Zealand (28.8 tons)
2. Fiji (22.3 tons)
3. Papua New Guinea (10.3 tons)
4. Ghana (8.0 tons)
5. Canada (5.6 tons)
6. Thailand (5.0 tons)
7. Philippines (4.2 tons)
8. Indonesia (3.2 tons)
9. New Caledonia (2.7 tons)
10. Singapore (2.4 tons)
11. United States (2.3 tons)
12. Taiwan (Chinese) (1.9 tons)
13. Lao People's Democratic Republic (1.8 tons)

Source: IndexBox Market Intelligence Platform