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

Contents:

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

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

The average import price for chain; articulated link, roller, of iron or steel stood at $9,201 per ton in October 2023, growing by 6.9% against the previous month. In general, the import price, however, saw a noticeable shrinkage. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 239% m-o-m. As a result, import price attained the peak level of $13,065 per ton. From February 2023 to October 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was France ($33,242 per ton), while the price for China ($3,784 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 Germany (+3.9%), 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 Spain (FOB) - 2022

In 2022, the average export price for chain; articulated link, roller, of iron or steel amounted to $9,868 per ton, picking up by 32% against the previous year. Over the period under review, the export price, however, saw a perceptible slump. The most prominent rate of growth was recorded in 2019 when the average export price increased by 36%. Over the period under review, the average export prices reached the peak figure at $13,882 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($23,607 per ton), while the average price for exports to Tunisia ($3,727 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 Germany (+3.7%), 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 Spain

In 2022, the amount of chain; articulated link, roller, of iron or steel imported into Spain skyrocketed to 5.2K tons, growing by 43% compared with 2021 figures. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +17.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.8% against 2019 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 skyrocketed to $45M in 2022. The total import value increased at an average annual rate of +10.2% 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%. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the near future.

Import of Chain; Articulated Link, Roller, of Iron or Steel in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.74.86.110.530.7%
Germany5.04.55.46.810.8%
Italy5.54.75.25.71.2%
France1.61.34.14.339.0%
Netherlands3.63.03.94.25.3%
Japan5.84.43.53.3-17.1%
Belgium0.10.62.12.2180.2%
United Kingdom2.72.20.10.1-66.7%
Others4.34.97.77.620.9%
Total33.430.638.144.710.2%

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

  1. China (2345.1 tons)
  2. Germany (1078.4 tons)
  3. Italy (369.2 tons)
  4. Belgium (318.5 tons)
  5. Netherlands (284.8 tons)
  6. France (177.5 tons)
  7. Japan (172.3 tons)
  8. United Kingdom (5.3 tons)

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

In 2022, after three years of growth, there was decline in shipments abroad of chain; articulated link, roller, of iron or steel, when their volume decreased by -2.3% to 1.2K tons. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +16.9% 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 +59.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 31% against the previous year. As a result, the exports reached the peak of 1.2K tons, and then shrank slightly in the following year.

In value terms, exports of chain; articulated link, roller, of iron or steel surged to $12M in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.2% 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 +78.0% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Chain; Articulated Link, Roller, of Iron or Steel in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2,5073,5583,7403,54512.2%
Portugal1,0341,4271,3781,3429.1%
Turkey6.4N/A353903420.6%
Italy37244348771524.3%
Poland15219524063360.9%
Germany31634234559223.3%
Denmark11.336.2114422234.3%
Mexico16413614040435.1%
Chile81.685.451.331757.2%
Netherlands59.856.219827566.3%
Morocco89.610528627545.3%
Tunisia62.513415714733.0%
Finland4.910.247.693.3167.0%
Others1,6949931,5012,0045.8%
Total6,5577,5219,03811,66921.2%

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

  1. Portugal (268.8 tons)
  2. Turkey (231.0 tons)
  3. France (156.0 tons)
  4. Italy (70.6 tons)
  5. Morocco (65.8 tons)
  6. Mexico (56.0 tons)
  7. Tunisia (39.6 tons)
  8. Poland (39.5 tons)
  9. Denmark (35.1 tons)
  10. Chile (31.6 tons)
  11. Germany (25.1 tons)
  12. Netherlands (20.9 tons)
  13. Finland (17.9 tons)

Source: IndexBox Market Intelligence Platform

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