Price for Chain; Articulated Link, Roller, of Iron or Steel in Italy - 2023
Contents:
- Price for Chain; Articulated Link, Roller, of Iron or Steel in Italy (FOB) - 2023
- Price for Chain; Articulated Link, Roller, of Iron or Steel in Italy (CIF) - 2022
- Exports of Chain; Articulated Link, Roller, of Iron or Steel in Italy
- Imports of Chain; Articulated Link, Roller, of Iron or Steel in Italy
Price for Chain; Articulated Link, Roller, of Iron or Steel in Italy (FOB) - 2023
The average export price for chain; articulated link, roller, of iron or steel stood at $5,052 per ton in October 2023, shrinking by -28.3% against the previous month. In general, the export price continues to indicate a abrupt descent. The pace of growth was the most pronounced in June 2023 an increase of 56% month-to-month. Over the period under review, the average export prices attained the peak figure at $9,708 per ton in October 2022; however, from November 2022 to October 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($17,076 per ton), while the average price for exports to India ($2,644 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 France (+3.5%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Chain; Articulated Link, Roller, of Iron or Steel in Italy (CIF) - 2022
The average import price for chain; articulated link, roller, of iron or steel stood at $6,304 per ton in 2022, dropping by -13.8% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 41%. As a result, import price reached the peak level of $9,551 per ton. From 2021 to 2022, the average 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 Japan ($14,788 per ton), while the price for Vietnam ($3,441 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Chain; Articulated Link, Roller, of Iron or Steel in Italy
In 2022, approx. 8.7K tons of chain; articulated link, roller, of iron or steel were exported from Italy; jumping by 48% compared with 2021. Overall, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +13.9% 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 +63.0% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of chain; articulated link, roller, of iron or steel soared to $92M in 2022. The total export value increased at an average annual rate of +9.0% 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 with an increase of 24%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Chain; Articulated Link, Roller, of Iron or Steel in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 13.3 | 11.5 | 14.9 | 16.0 | 6.4% |
| France | 11.1 | 10.1 | 11.8 | 13.2 | 5.9% |
| United States | 6.9 | 4.7 | 7.8 | 9.0 | 9.3% |
| United Kingdom | 8.7 | 6.8 | 6.9 | 6.7 | -8.3% |
| Russia | 1.0 | 0.9 | 1.0 | 6.5 | 86.6% |
| Austria | 3.2 | 3.2 | 4.6 | 5.4 | 19.1% |
| Spain | 3.2 | 3.1 | 3.4 | 4.1 | 8.6% |
| Turkey | 1.5 | 2.4 | 2.2 | 2.4 | 17.0% |
| Sweden | 2.2 | 2.2 | 2.2 | 2.0 | -3.1% |
| Poland | 1.1 | 1.2 | 1.5 | 1.9 | 20.0% |
| Netherlands | 1.2 | 1.4 | 2.2 | 1.6 | 10.1% |
| China | 2.7 | 2.8 | 2.4 | 1.6 | -16.0% |
| Denmark | 0.5 | 0.4 | 0.6 | 0.9 | 21.6% |
| Others | 14.3 | 12.1 | 16.1 | 20.5 | 12.8% |
| Total | 70.8 | 62.7 | 77.8 | 91.8 | 9.0% |
Top Export Markets for Chain; Articulated Link, Roller, of Iron or Steel from Italy in 2022:
- France (1558.8 tons)
- Germany (1365.0 tons)
- United States (881.3 tons)
- Austria (624.9 tons)
- Russia (563.0 tons)
- United Kingdom (513.3 tons)
- Spain (434.8 tons)
- Turkey (207.4 tons)
- Denmark (176.3 tons)
- Poland (164.1 tons)
- Sweden (137.3 tons)
- Netherlands (132.0 tons)
- China (97.9 tons)
Imports of Chain; Articulated Link, Roller, of Iron or Steel in Italy
In 2022, imports of chain; articulated link, roller, of iron or steel into Italy soared to 12K tons, growing by 28% against 2021. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +14.2% 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 +58.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of chain; articulated link, roller, of iron or steel rose rapidly to $79M in 2022. The total import value increased at an average annual rate of +11.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 32% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Chain; Articulated Link, Roller, of Iron or Steel in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.1 | 11.0 | 15.9 | 22.9 | 23.7% |
| Germany | 14.9 | 13.3 | 19.2 | 16.6 | 3.7% |
| Japan | 6.2 | 6.3 | 8.3 | 10.1 | 17.7% |
| Netherlands | 3.6 | 5.1 | 6.6 | 7.4 | 27.1% |
| France | 9.1 | 29.2 | 5.2 | 2.8 | -32.5% |
| Vietnam | 1.0 | 1.2 | 1.6 | 2.7 | 39.2% |
| India | 1.8 | 1.0 | 1.6 | 1.9 | 1.8% |
| Belgium | 0.7 | 0.7 | 1.9 | 1.9 | 39.5% |
| Others | 7.5 | 7.3 | 10.9 | 12.4 | 18.2% |
| Total | 57.0 | 75.1 | 71.3 | 78.8 | 11.4% |
Top Suppliers of Chain; Articulated Link, Roller, of Iron or Steel to Italy in 2022:
- China (6.6K tons)
- Germany (1.8K tons)
- Vietnam (0.8K tons)
- Netherlands (0.7K tons)
- Japan (0.7K tons)
- India (0.5K tons)
- Belgium (0.4K tons)
- France (0.3K tons)
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