Report Update: Apr 28, 2024

Japan - Welded Link Chain Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights

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Price for Metal Welded Link Chain in Japan - 2023

Price for Metal Welded Link Chain in Japan (CIF) - 2023

The average metal welded link chain import price stood at $2,770 per ton in July 2023, shrinking by -10.7% against the previous month. In general, import price indicated a measured expansion from July 2022 to July 2023: its price increased at an average monthly rate of +3.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, metal welded link chain import price increased by +5.2% against March 2023 indices. The pace of growth was the most pronounced in January 2023 when the average import price increased by 52% against the previous month. Over the period under review, average import prices hit record highs at $4,182 per ton in February 2023; however, from March 2023 to July 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($10,463 per ton), while the price for South Korea ($1,329 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Metal Welded Link Chain in Japan (FOB) - 2023

The average metal welded link chain export price stood at $6,131 per ton in July 2023, increasing by 9.6% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +2.1%. The pace of growth was the most pronounced in April 2023 when the average export price increased by 15% m-o-m. The export price peaked in July 2023.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($20,055 per ton), while the average price for exports to South Korea ($4,381 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Metal Welded Link Chain in Japan

In 2022, purchases abroad of welded link chain of iron or steel increased by 103% to 8.1K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports continue to indicate a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal welded link chain imports surged to $18M in 2022. In general, imports continue to indicate prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Metal Welded Link Chain in Japan (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	5.9	5.3	6.0	13.2	30.8%
Taiwan (Chinese)	1.9	1.9	2.2	2.3	6.6%
United States	0.4	0.5	0.2	0.4	0.0%
South Korea	1.5	0.3	0.3	0.4	-35.6%
Others	1.8	1.8	1.6	1.6	-3.9%
Total	11.5	9.8	10.4	17.9	15.9%

Top Suppliers of Metal Welded Link Chain to Japan in 2022:

China (7.0K tons)
Taiwan (Chinese) (0.6K tons)
South Korea (0.3K tons)
United States (0.1K tons)

Exports of Metal Welded Link Chain in Japan

In 2022, exports of welded link chain of iron or steel from Japan fell modestly to 1.8K tons, shrinking by -2% against 2021. The total export volume increased at an average annual rate of +4.4% over the period 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 35% against the previous year. As a result, the exports reached the peak of 1.8K tons, and then contracted slightly in the following year.

In value terms, metal welded link chain exports reached $9.2M in 2022. The total export value increased at an average annual rate of +6.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 36% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

Export of Metal Welded Link Chain in Japan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	1,735	1,764	2,932	2,074	6.1%
Taiwan (Chinese)	1,614	1,197	1,381	1,776	3.2%
Thailand	1,328	980	1,354	1,141	-4.9%
Indonesia	306	248	472	728	33.5%
United States	375	134	176	593	16.5%
South Korea	567	511	571	484	-5.1%
Argentina	242	185	324	461	24.0%
Hong Kong SAR	262	412	508	410	16.1%
United Kingdom	358	266	364	326	-3.1%
India	13.3	84.5	169	240	162.3%
Others	939	978	970	995	1.9%
Total	7,740	6,758	9,223	9,228	6.0%

Top Export Markets for Metal Welded Link Chain from Japan in 2022:

China (480.1 tons)
Taiwan (Chinese) (427.1 tons)
Thailand (203.0 tons)
Indonesia (108.4 tons)
Hong Kong SAR (92.8 tons)
South Korea (87.1 tons)
United States (78.4 tons)
United Kingdom (63.0 tons)
Argentina (57.4 tons)
India (35.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for metal welded link chain in Japan. 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:

Japan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Japan
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023