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

Contents:

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

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

The average export price for chain; articulated link, roller, of iron or steel stood at $28,842 per ton in 2022, increasing by 7.8% against the previous year. In general, the export price recorded a remarkable increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 28% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($48,968 per ton), while the average price for exports to Tunisia ($3,797 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 Italy (+19.9%), 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 Portugal (CIF) - 2023

The average import price for chain; articulated link, roller, of iron or steel stood at $4,317 per ton in October 2023, reducing by -65.5% against the previous month. In general, the import price recorded a pronounced curtailment. The pace of growth was the most pronounced in May 2023 an increase of 303% against the previous month. Over the period under review, average import prices attained the maximum at $14,015 per ton in February 2023; however, from March 2023 to October 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($16,639 per ton), while the price for Italy ($2,847 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Spain (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the amount of chain; articulated link, roller, of iron or steel exported from Portugal soared to 1.5K tons, growing by 21% against the year before. The total export volume increased at an average annual rate of +9.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained 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 surged to $43M in 2022. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. United States (354.2 tons)
2. Taiwan (Chinese) (280.1 tons)
3. Germany (250.5 tons)
4. Spain (87.6 tons)
5. France (78.0 tons)
6. Canada (74.0 tons)
7. Italy (51.0 tons)
8. Denmark (50.5 tons)
9. Netherlands (42.9 tons)
10. Czech Republic (39.7 tons)
11. Switzerland (33.3 tons)
12. United Kingdom (30.7 tons)
13. Tunisia (19.5 tons)

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

In 2022, the amount of chain; articulated link, roller, of iron or steel imported into Portugal soared to 1.3K tons, rising by 29% on 2021. The total import volume increased at an average annual rate of +7.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 surged to $11M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +18.1% 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 +77.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 36% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.

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

1. China (495.5 tons)
2. Germany (338.9 tons)
3. Spain (176.5 tons)
4. Taiwan (Chinese) (73.3 tons)
5. Belgium (53.6 tons)
6. Netherlands (49.9 tons)
7. Italy (23.1 tons)
8. Ireland (18.4 tons)
9. United Kingdom (4.4 tons)

Source: IndexBox Market Intelligence Platform