China - Welded Link Chain Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Metal Welded Link Chain in China - 2023
Contents:
- Price for Metal Welded Link Chain in China (FOB) - 2023
- Price for Metal Welded Link Chain in China (CIF) - 2023
- Exports of Metal Welded Link Chain in China
- Imports of Metal Welded Link Chain in China
Price for Metal Welded Link Chain in China (FOB) - 2023
The average metal welded link chain export price stood at $1,564 per ton in June 2023, reducing by -8.2% against the previous month. Over the period under review, the export price recorded a mild downturn. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 6.6% against the previous month. The export price peaked at $1,882 per ton in June 2022; however, from July 2022 to June 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Australia ($2,017 per ton), while the average price for exports to Chile ($1,160 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 Australia (+0.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Metal Welded Link Chain in China (CIF) - 2023
The average metal welded link chain import price stood at $5,876 per ton in June 2023, shrinking by -3.7% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 16% month-to-month. As a result, import price attained the peak level of $6,341 per ton. From May 2023 to June 2023, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was Italy ($6,791 per ton), while the price for Poland ($5,213 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 (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Metal Welded Link Chain in China
In 2022, exports of welded link chain of iron or steel from China skyrocketed to 272K tons, picking up by 20% against 2021 figures. The total export volume increased at an average annual rate of +7.4% 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, metal welded link chain exports soared to $450M in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +11.5% 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 +49.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 26% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.
| Export of Metal Welded Link Chain in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 70.9 | 64.9 | 79.3 | 104 | 13.6% |
| Canada | 22.1 | 20.8 | 25.2 | 29.6 | 10.2% |
| Brazil | 6.2 | 6.9 | 12.2 | 22.3 | 53.2% |
| Australia | 15.3 | 13.2 | 19.3 | 20.5 | 10.2% |
| Singapore | 11.3 | 8.2 | 15.6 | 15.8 | 11.8% |
| Japan | 9.2 | 8.0 | 9.1 | 15.7 | 19.5% |
| Russia | 11.4 | 6.6 | 11.5 | 14.7 | 8.8% |
| United Kingdom | 8.4 | 15.6 | 11.8 | 14.3 | 19.4% |
| South Korea | 8.7 | 10.6 | 15.5 | 13.2 | 14.9% |
| Norway | 8.6 | 10.0 | 8.5 | 11.1 | 8.9% |
| Netherlands | 14.6 | 8.2 | 10.9 | 11.0 | -9.0% |
| Indonesia | 10.0 | 7.6 | 7.6 | 9.4 | -2.0% |
| Chile | 4.6 | 4.8 | 10.4 | 8.9 | 24.6% |
| Others | 123 | 115 | 142 | 159 | 8.9% |
| Total | 324 | 300 | 379 | 450 | 11.6% |
Top Export Markets for Metal Welded Link Chain from China in 2022:
- United States (61.2K tons)
- Canada (17.0K tons)
- Brazil (14.1K tons)
- Russia (12.2K tons)
- Australia (10.6K tons)
- Japan (8.9K tons)
- Singapore (8.6K tons)
- South Korea (8.3K tons)
- Norway (8.3K tons)
- Indonesia (7.1K tons)
- United Kingdom (7.1K tons)
- Chile (6.9K tons)
- Netherlands (6.6K tons)
Imports of Metal Welded Link Chain in China
In 2022, the amount of welded link chain of iron or steel imported into China rose notably to 12K tons, surging by 9.5% on the year before. Over the period under review, imports, however, saw a deep slump. The growth pace was the most rapid in 2020 with an increase of 23% against the previous year. As a result, imports reached the peak of 19K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, metal welded link chain imports stood at $62M in 2022. In general, imports, however, recorded a perceptible downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 27%. As a result, imports attained the peak of $90M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Metal Welded Link Chain in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 51.4 | 53.6 | 49.1 | 49.9 | -1.0% |
| Poland | 9.4 | 5.8 | 5.4 | 6.1 | -13.4% |
| Brazil | N/A | N/A | N/A | 1.3 | 0% |
| Italy | 0.1 | 0.2 | 0.7 | 1.3 | 135.1% |
| Austria | 1.2 | 1.2 | 1.0 | 1.3 | 2.7% |
| Japan | 0.9 | 0.9 | 0.9 | 1.2 | 10.1% |
| Spain | 6.5 | 26.9 | N/A | N/A | 313.8% |
| Others | 1.3 | 0.9 | 0.8 | 1.1 | -5.4% |
| Total | 70.6 | 89.5 | 57.9 | 62.2 | -4.1% |
Top Suppliers of Metal Welded Link Chain to China in 2022:
- Spain (undefinedK tons)
- Germany (9.6K tons)
- Poland (1.4K tons)
- Brazil (0.2K tons)
- Italy (0.2K tons)
- Austria (0.2K tons)
- Japan (0.2K tons)
This report provides an in-depth analysis of the market for metal welded link chain 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 25931724 - Welded link chain of iron or steel (excluding articulated link chain, skid chain and stud-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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Metal Link Chain exports in June 2023 decreased to $19M in value.
241
In February 2023, the price of metal chain per ton (FOB, China) was $4,846, an increase of 13% from the previous month.
1306
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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In value terms, transmission shafts and cranks exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some not...
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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...
822
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...
244
Metal Link Chain exports in June 2023 decreased to $19M in value.
241
In February 2023, the price of metal chain per ton (FOB, China) was $4,846, an increase of 13% from the previous month.
1306
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...
837
In value terms, transmission shafts and cranks exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some not...
