Price for Chain; Articulated Link, Roller, of Iron or Steel in Singapore - 2022
Contents:
- Price for Chain; Articulated Link, Roller, of Iron or Steel in Singapore (CIF) - 2022
- Price for Chain; Articulated Link, Roller, of Iron or Steel in Singapore (FOB) - 2022
- Imports of Chain; Articulated Link, Roller, of Iron or Steel in Singapore
- Exports of Chain; Articulated Link, Roller, of Iron or Steel in Singapore
Price for Chain; Articulated Link, Roller, of Iron or Steel in Singapore (CIF) - 2022
The average import price for chain; articulated link, roller, of iron or steel stood at $13,070 per ton in September 2022, surging by 103% against the previous month. In general, the import price showed a strong expansion. The most prominent rate of growth was recorded in October 2021 when the average import price increased by 170% month-to-month. The import price peaked in September 2022.
There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was Taiwan (Chinese) ($24,747 per ton), while the price for China ($12,079 per ton) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+12.5%), 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 Singapore (FOB) - 2022
The average export price for chain; articulated link, roller, of iron or steel stood at $11,384 per ton in September 2022, shrinking by -9.8% against the previous month. Overall, export price indicated moderate growth from September 2021 to September 2022: its price increased at an average monthly rate of +3.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, export price for chain; articulated link, roller, of iron or steel increased by +51.8% against May 2022 indices. The pace of growth was the most pronounced in June 2022 when the average export price increased by 52% m-o-m. The export price peaked at $14,069 per ton in April 2022; however, from May 2022 to September 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In September 2022, the country with the highest price was the Philippines ($26,496 per ton), while the average price for exports to Malaysia ($4,606 per ton) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+11.4%), 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 Singapore
In 2022, the amount of chain; articulated link, roller, of iron or steel imported into Singapore dropped sharply to 1.8K tons, with a decrease of -32.3% on 2021 figures. Overall, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 32%.
In value terms, imports of chain; articulated link, roller, of iron or steel shrank notably to $12M in 2022. In general, imports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 31% against the previous year. As a result, imports attained the peak of $14M, and then reduced sharply in the following year.
| Import of Chain; Articulated Link, Roller, of Iron or Steel in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.4 | 3.9 | 5.1 | 4.8 | 2.9% |
| Japan | 5.6 | 4.3 | 5.0 | 4.4 | -7.7% |
| Taiwan (Chinese) | 0.9 | 0.4 | 0.7 | 0.6 | -12.6% |
| Malaysia | 0.3 | 0.3 | 0.5 | 0.6 | 26.0% |
| Germany | 0.3 | 0.3 | 1.1 | 0.4 | 10.1% |
| United States | 1.0 | 0.5 | 0.5 | 0.4 | -26.3% |
| Others | 1.2 | 0.7 | 0.9 | 0.4 | -30.7% |
| Total | 13.6 | 10.5 | 13.8 | 11.6 | -5.2% |
Top Suppliers of Chain; Articulated Link, Roller, of Iron or Steel to Singapore in 2022:
- China (1005.8 tons)
- Japan (488.2 tons)
- Taiwan (Chinese) (126.6 tons)
- Malaysia (86.0 tons)
- Germany (31.0 tons)
- United States (16.7 tons)
Exports of Chain; Articulated Link, Roller, of Iron or Steel in Singapore
In 2022, the amount of chain; articulated link, roller, of iron or steel exported from Singapore contracted to 1.3K tons, declining by -9% on the year before. In general, exports showed a deep slump. The smallest decline of -0.7% was in 2021.
In value terms, exports of chain; articulated link, roller, of iron or steel declined modestly to $11M in 2022. Overall, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 7.1% against the previous year.
| Export of Chain; Articulated Link, Roller, of Iron or Steel in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 3.3 | 3.2 | 2.6 | 2.6 | -7.6% |
| Indonesia | 2.0 | 2.7 | 2.2 | 2.4 | 6.3% |
| Malaysia | 1.1 | 1.5 | 2.1 | 1.5 | 10.9% |
| United States | 0.5 | 0.5 | 0.3 | 0.6 | 6.3% |
| Australia | 0.3 | 0.3 | 0.5 | 0.5 | 18.6% |
| Philippines | 0.5 | 0.4 | 0.7 | 0.4 | -7.2% |
| Netherlands | N/A | N/A | 0.1 | 0.4 | 300.0% |
| Thailand | 1.6 | 0.4 | 0.2 | N/A | -64.6% |
| Others | 1.5 | 1.0 | 2.0 | 2.0 | 10.1% |
| Total | 10.8 | 10.0 | 10.7 | 10.6 | -0.6% |
Top Export Markets for Chain; Articulated Link, Roller, of Iron or Steel from Singapore in 2022:
- Vietnam (311.4 tons)
- Indonesia (305.7 tons)
- Malaysia (286.3 tons)
- Australia (107.1 tons)
- United States (52.3 tons)
- Netherlands (41.0 tons)
- Philippines (17.8 tons)
- Thailand (11.7 tons)
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