Lithuania - 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 Lithuania - 2023
Contents:
- Price for Metal Welded Link Chain in Lithuania (CIF) - 2023
- Price for Metal Welded Link Chain in Lithuania (FOB) - 2022
- Imports of Metal Welded Link Chain in Lithuania
- Exports of Metal Welded Link Chain in Lithuania
Price for Metal Welded Link Chain in Lithuania (CIF) - 2023
In September 2023, the average metal welded link chain import price amounted to $2,225 per ton, shrinking by -23.8% against the previous month. In general, the import price, however, recorded a perceptible expansion. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 152% m-o-m. Over the period under review, average import prices attained the peak figure at $5,176 per ton in April 2023; however, from May 2023 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Sweden ($4,627 per ton), while the price for Poland ($1,627 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Norway (+47.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Metal Welded Link Chain in Lithuania (FOB) - 2022
The average metal welded link chain export price stood at $3,911 per ton in 2022, reducing by -14.5% against the previous year. Overall, the export price, however, recorded a moderate increase. The most prominent rate of growth was recorded in 2021 an increase of 99%. As a result, the export price attained the peak level of $4,574 per ton, and then fell in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($5,752 per ton), while the average price for exports to Turkey ($2,144 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 the UK (+30.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Metal Welded Link Chain in Lithuania
After two years of decline, supplies from abroad of welded link chain of iron or steel increased by 25% to 1.9K tons in 2022. In general, imports, however, recorded a pronounced slump.
In value terms, metal welded link chain imports rose significantly to $4M in 2022. The total import value increased at an average annual rate of +1.5% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 17%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.
| Import of Metal Welded Link Chain in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,683 | 1,793 | 1,560 | 2,303 | -5.0% |
| Germany | 176 | 543 | 962 | 710 | 59.2% |
| Sweden | 160 | 261 | 389 | 309 | 24.5% |
| Czech Republic | 181 | 213 | 101 | 162 | -3.6% |
| Ukraine | 64.8 | 101 | 121 | 116 | 21.4% |
| Denmark | 132 | 17.6 | 40.9 | 115 | -4.5% |
| Poland | 139 | 130 | 174 | 106 | -8.6% |
| Others | 259 | 155 | 407 | 145 | -17.6% |
| Total | 3,794 | 3,214 | 3,755 | 3,966 | 1.5% |
Top Suppliers of Metal Welded Link Chain to Lithuania in 2022:
- China (1283.7 tons)
- Germany (238.6 tons)
- Sweden (97.9 tons)
- Czech Republic (60.3 tons)
- Ukraine (55.9 tons)
- Poland (46.6 tons)
- Denmark (32.8 tons)
Exports of Metal Welded Link Chain in Lithuania
In 2022, shipments abroad of welded link chain of iron or steel decreased by -10.1% to 391 tons, falling for the second year in a row after two years of growth. Overall, exports recorded a abrupt setback. The growth pace was the most rapid in 2020 with an increase of 49% against the previous year. As a result, the exports reached the peak of 779 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, metal welded link chain exports declined dramatically to $1.5M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +5.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 39%.
| Export of Metal Welded Link Chain in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 245 | 601 | 1,143 | 826 | 49.9% |
| Faroe Islands | 129 | 214 | 189 | 341 | 38.3% |
| Latvia | 161 | 177 | 131 | 126 | -7.8% |
| Turkey | N/A | N/A | N/A | 58.3 | 0% |
| Estonia | 48.3 | 40.7 | 47.2 | 38.7 | -7.1% |
| Poland | 60.4 | 32.5 | 43.9 | 28.6 | -22.1% |
| Finland | 15.1 | 17.9 | 15.5 | 20.4 | 10.5% |
| United Kingdom | 298 | 583 | 79.6 | N/A | -48.3% |
| Others | 329 | 124 | 339 | 89.8 | -35.1% |
| Total | 1,286 | 1,790 | 1,989 | 1,529 | 5.9% |
Top Export Markets for Metal Welded Link Chain from Lithuania in 2022:
- Russia (143.6 tons)
- Faroe Islands (133.3 tons)
- Latvia (38.8 tons)
- Turkey (27.2 tons)
- Estonia (16.4 tons)
- Poland (11.6 tons)
- Finland (6.3 tons)
This report provides an in-depth analysis of the market for metal welded link chain in Lithuania. 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:
- Lithuania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Lithuania
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
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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