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

Contents:

1. Price for Chain; Articulated Link, Roller, of Iron or Steel in Pakistan (CIF) - 2023
2. Price for Chain; Articulated Link, Roller, of Iron or Steel in Pakistan (FOB) - 2022
3. Imports of Chain; Articulated Link, Roller, of Iron or Steel in Pakistan
4. Exports of Chain; Articulated Link, Roller, of Iron or Steel in Pakistan

Price for Chain; Articulated Link, Roller, of Iron or Steel in Pakistan (CIF) - 2023

In June 2023, the average import price for chain; articulated link, roller, of iron or steel amounted to $2,939 per ton, falling by -17.7% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 26% month-to-month. Over the period under review, average import prices hit record highs at $3,889 per ton in September 2022; however, from October 2022 to June 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($4,108 per ton), while the price for Malaysia ($2,272 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for chain; articulated link, roller, of iron or steel amounted to $2,141 per ton, with a decrease of -63.5% against the previous year. In general, the export price, however, saw strong growth. The growth pace was the most rapid in 2019 an increase of 114%. The export price peaked at $5,870 per ton in 2021, and then dropped markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($9,250 per ton), while the average price for exports to Canada ($2,033 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 (+61.7%), 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 Pakistan

In 2022, after three years of growth, there was significant decline in overseas purchases of chain; articulated link, roller, of iron or steel, when their volume decreased by -57.1% to 1.2K tons. In general, imports saw a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 28%. As a result, imports reached the peak of 2.8K tons, and then reduced markedly in the following year.

In value terms, imports of chain; articulated link, roller, of iron or steel fell rapidly to $4.1M in 2022. Overall, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 8.7%.

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

1. China (907.5 tons)
2. Malaysia (146.2 tons)
3. Japan (51.3 tons)
4. Thailand (34.9 tons)
5. Vietnam (25.0 tons)
6. Germany (21.4 tons)

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

In 2022, the amount of chain; articulated link, roller, of iron or steel exported from Pakistan surged to 1.9 tons, growing by 115% on the previous year's figure. Overall, exports recorded a significant expansion. 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 dropped dramatically to $4.1K in 2022. Over the period under review, exports showed a significant increase.

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

1. Canada (1589.0 kg)
2. Australia (300.0 kg)
3. United Kingdom (6.0 kg)

Source: IndexBox Market Intelligence Platform