Price for Chain; Articulated Link, Roller, of Iron or Steel in India - 2023
Contents:
- Price for Chain; Articulated Link, Roller, of Iron or Steel in India (FOB) - 2023
- Price for Chain; Articulated Link, Roller, of Iron or Steel in India (CIF) - 2022
- Exports of Chain; Articulated Link, Roller, of Iron or Steel in India
- Imports of Chain; Articulated Link, Roller, of Iron or Steel in India
Price for Chain; Articulated Link, Roller, of Iron or Steel in India (FOB) - 2023
In October 2023, the average export price for chain; articulated link, roller, of iron or steel amounted to $6,365 per ton, picking up by 6.5% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.0%. The pace of growth was the most pronounced in June 2023 an increase of 17% month-to-month. Over the period under review, the average export prices hit record highs in October 2023.
There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was Egypt ($15,887 per ton), while the average price for exports to Turkey ($4,194 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Chain; Articulated Link, Roller, of Iron or Steel in India (CIF) - 2022
In 2022, the average import price for chain; articulated link, roller, of iron or steel amounted to $2,544 per ton, falling by -24.6% against the previous year. Overall, the import price saw a pronounced curtailment. The most prominent rate of growth was recorded in 2021 when the average import price increased by 25%. Over the period under review, average import prices hit record highs at $3,859 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($15,683 per ton), while the price for China ($1,740 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+15.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Chain; Articulated Link, Roller, of Iron or Steel in India
In 2022, exports of chain; articulated link, roller, of iron or steel from India rose to 6.4K tons, surging by 2.7% compared with 2021 figures. Overall, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 37% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of chain; articulated link, roller, of iron or steel expanded modestly to $33M in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 53%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Chain; Articulated Link, Roller, of Iron or Steel in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.5 | 3.8 | 6.2 | 6.3 | 21.6% |
| Germany | 3.6 | 2.5 | 4.3 | 4.5 | 7.7% |
| Colombia | 2.0 | 1.8 | 3.3 | 3.0 | 14.5% |
| Bangladesh | 1.4 | 1.2 | 2.3 | 2.3 | 18.0% |
| Egypt | 0.8 | 1.2 | 1.4 | 1.7 | 28.6% |
| Italy | 1.5 | 0.9 | 1.4 | 1.6 | 2.2% |
| Turkey | 1.3 | 0.8 | 0.5 | 1.2 | -2.6% |
| United Arab Emirates | 0.5 | 0.5 | 0.3 | 1.2 | 33.9% |
| Uganda | 0.6 | 0.8 | 0.8 | 0.9 | 14.5% |
| Kenya | 0.1 | 0.3 | 0.7 | 0.9 | 108.0% |
| Japan | 0.3 | 0.2 | 0.7 | 0.7 | 32.6% |
| France | 0.2 | 0.2 | 0.4 | 0.6 | 44.2% |
| Belgium | 0.8 | 0.4 | 1.0 | 0.5 | -14.5% |
| Others | 7.7 | 6.5 | 9.3 | 8.2 | 2.1% |
| Total | 24.4 | 21.3 | 32.6 | 33.5 | 11.1% |
Top Export Markets for Chain; Articulated Link, Roller, of Iron or Steel from India in 2022:
- United States (1168.0 tons)
- Germany (1128.7 tons)
- Colombia (465.0 tons)
- Italy (445.9 tons)
- Bangladesh (445.2 tons)
- Turkey (337.0 tons)
- Kenya (261.7 tons)
- United Arab Emirates (229.7 tons)
- Uganda (214.0 tons)
- France (150.7 tons)
- Egypt (148.1 tons)
- Belgium (116.1 tons)
- Japan (96.4 tons)
Imports of Chain; Articulated Link, Roller, of Iron or Steel in India
In 2022, imports of chain; articulated link, roller, of iron or steel into India dropped to 11K tons, which is down by -13.2% against the previous year. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +11.7% 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 +48.9% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 72%. As a result, imports attained the peak of 12K tons, and then reduced in the following year.
In value terms, imports of chain; articulated link, roller, of iron or steel reduced dramatically to $27M in 2022. Overall, imports, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 114% against the previous year. As a result, imports attained the peak of $42M, and then dropped significantly in the following year.
| Import of Chain; Articulated Link, Roller, of Iron or Steel in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.6 | 11.1 | 17.2 | 16.9 | 16.8% |
| Germany | 1.2 | 1.0 | 0.9 | 3.0 | 35.7% |
| Singapore | 2.0 | 1.5 | 17.2 | 1.9 | -1.7% |
| Japan | 1.5 | 1.4 | 1.6 | 1.5 | 0.0% |
| Thailand | 2.7 | 1.3 | 1.6 | 1.3 | -21.6% |
| Malaysia | 2.1 | 1.9 | 1.7 | 0.9 | -24.6% |
| Others | 1.5 | 1.5 | 1.9 | 2.1 | 11.9% |
| Total | 21.6 | 19.6 | 42.0 | 27.5 | 8.4% |
Top Suppliers of Chain; Articulated Link, Roller, of Iron or Steel to India in 2022:
- China (9.7K tons)
- Singapore (0.3K tons)
- Japan (0.2K tons)
- Malaysia (0.2K tons)
- Germany (0.2K tons)
- Thailand (0.1K tons)
564
This report provides an in-depth analysis of the transmission shaft market in India.
299
This report provides an in-depth analysis of the metal link chain market in India.
327
This report provides an in-depth analysis of the metal chain market in India.
344
This report provides an in-depth analysis of the market for metal link chain parts in India.
297
This report provides an in-depth analysis of the metal skid chain market in India.
310
This report provides an in-depth analysis of the metal stud-link chain market in India.
281
This report provides an in-depth analysis of the metal chain parts market in India.
263
This report provides an in-depth analysis of the market for metal welded link chain in India.
814
This report provides an in-depth analysis of the global transmission shaft market.
409
This report provides an in-depth analysis of the global metal link chain market.
195
In February 2023, the metal chain price stood at $3,788 per ton (FOB, India), increasing by 4.9% against the previous month.
1329
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...
867
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...
1181
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...
848
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...
195
In February 2023, the metal chain price stood at $3,788 per ton (FOB, India), increasing by 4.9% against the previous month.
1329
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...
867
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...
1181
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...
848
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...
