China - Iron Or Steel Parts Of Articulated Link Chain - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Metal Link Chain Parts in China - 2023
Contents:
- Price for Metal Link Chain Parts in China (FOB) - 2023
- Price for Metal Link Chain Parts in China (CIF) - 2023
- Exports of Metal Link Chain Parts in China
- Imports of Metal Link Chain Parts in China
Price for Metal Link Chain Parts in China (FOB) - 2023
The average metal link chain parts export price stood at $2,423 per ton in June 2023, dropping by -11.4% against the previous month. Overall, the export price saw a mild descent. The pace of growth appeared the most rapid in February 2023 an increase of 18% month-to-month. As a result, the export price attained the peak level of $2,946 per ton. From March 2023 to June 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was the United States ($3,591 per ton), while the average price for exports to Togo ($1,140 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+2.4%), while the prices for the other major destinations experienced a decline.
Price for Metal Link Chain Parts in China (CIF) - 2023
In June 2023, the average metal link chain parts import price amounted to $7,024 per ton, growing by 52% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 61% month-to-month. The import price peaked at $7,576 per ton in July 2022; however, from August 2022 to June 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($15,419 per ton), while the price for South Korea ($1,631 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 Indonesia (0.0%), while the prices for the other major suppliers experienced a decline.
Exports of Metal Link Chain Parts in China
Metal link chain parts exports from China skyrocketed to 58K tons in 2022, rising by 16% against the previous year's figure. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +16.9% 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 +71.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 47% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, metal link chain parts exports rose markedly to $143M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +18.3% 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 +73.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 56%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Export of Metal Link Chain Parts in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 18.5 | 15.9 | 28.7 | 29.7 | 17.1% |
| Brazil | 7.3 | 8.0 | 13.5 | 20.5 | 41.1% |
| United States | 10.5 | 8.8 | 12.6 | 14.3 | 10.8% |
| Pakistan | 10.3 | 10.5 | 12.8 | 12.5 | 6.7% |
| Thailand | 6.5 | 4.4 | 8.3 | 9.4 | 13.1% |
| Germany | 4.3 | 4.1 | 6.0 | 7.1 | 18.2% |
| Malaysia | 5.9 | 4.7 | 5.7 | 6.9 | 5.4% |
| South Korea | 3.0 | 2.7 | 3.9 | 4.1 | 11.0% |
| Canada | 1.3 | 1.2 | 1.9 | 2.9 | 30.7% |
| Taiwan (Chinese) | 0.8 | 1.1 | 2.3 | 2.4 | 44.2% |
| India | 2.8 | 3.0 | 4.5 | 2.3 | -6.3% |
| Russia | 0.8 | 1.1 | 2.0 | 1.8 | 31.0% |
| Togo | N/A | 0.2 | 1.3 | 1.0 | 123.6% |
| Others | 14.6 | 16.7 | 25.0 | 28.5 | 25.0% |
| Total | 86.7 | 82.5 | 128 | 143 | 18.2% |
Top Export Markets for Metal Link Chain Parts from China in 2022:
- Japan (13.3K tons)
- Pakistan (9.1K tons)
- Brazil (7.5K tons)
- United States (4.5K tons)
- Thailand (3.7K tons)
- Malaysia (2.8K tons)
- Germany (1.9K tons)
- South Korea (1.9K tons)
- Taiwan (Chinese) (1.4K tons)
- India (1.2K tons)
- Russia (1.0K tons)
- Canada (0.9K tons)
- Togo (0.9K tons)
Imports of Metal Link Chain Parts in China
For the fourth year in a row, China recorded growth in overseas purchases of iron or steel parts of articulated link chain, which increased by 13% to 4.9K tons in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +16.7% 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 +59.1% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 24% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, metal link chain parts imports dropped to $34M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +11.6% 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 +39.0% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 26% against the previous year.
| Import of Metal Link Chain Parts in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.8 | 6.0 | 10.8 | 10.2 | 39.0% |
| Japan | 10.5 | 13.3 | 14.8 | 7.9 | -9.0% |
| Switzerland | 2.6 | 2.9 | 4.9 | 5.0 | 24.4% |
| Indonesia | N/A | N/A | N/A | 3.4 | 0% |
| South Korea | 0.3 | 0.9 | 0.8 | 2.7 | 108.0% |
| Taiwan (Chinese) | 1.0 | 2.0 | 2.3 | 2.2 | 30.1% |
| United States | 3.1 | 2.6 | 1.0 | 0.9 | -33.8% |
| France | 2.2 | 2.3 | 1.5 | 0.3 | -48.5% |
| Others | 1.1 | 1.3 | 2.1 | 1.7 | 15.6% |
| Total | 24.7 | 31.2 | 38.1 | 34.4 | 11.7% |
Top Suppliers of Metal Link Chain Parts to China in 2022:
- Indonesia (1180.7 tons)
- South Korea (1173.3 tons)
- Japan (822.4 tons)
- Germany (582.1 tons)
- Switzerland (429.4 tons)
- Taiwan (Chinese) (408.2 tons)
- United States (58.1 tons)
- France (47.4 tons)
This report provides an in-depth analysis of the market for metal link chain parts in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28153200 - Iron or steel parts of articulated link chain
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In February 2023, the price of metal chain per ton (FOB, China) was $4,846, an increase of 13% from the previous month.
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In 2016, approx. X tons of transmission shaft were imported worldwide- dropping by -X% against the previous year level. Overall, transmission shaft imports continue to indicate a relatively fla...
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Metal Link Chain exports in June 2023 decreased to $19M in value.
254
In February 2023, the price of metal chain per ton (FOB, China) was $4,846, an increase of 13% from the previous month.
1317
In value terms, transmission shafts and cranks imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend patter...
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