Norway - 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 Norway - 2023
Contents:
- Price for Metal Welded Link Chain in Norway (CIF) - 2023
- Price for Metal Welded Link Chain in Norway (FOB) - 2022
- Imports of Metal Welded Link Chain in Norway
- Exports of Metal Welded Link Chain in Norway
Price for Metal Welded Link Chain in Norway (CIF) - 2023
In August 2023, the average metal welded link chain import price amounted to $2,857 per ton, falling by -34% against the previous month. Overall, the import price, however, saw a notable expansion. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 126% m-o-m. As a result, import price reached the peak level of $4,329 per ton, and then fell notably in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($11,650 per ton), while the price for China ($1,701 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Metal Welded Link Chain in Norway (FOB) - 2022
In 2022, the average metal welded link chain export price amounted to $4,351 per ton, picking up by 56% against the previous year. Over the period under review, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal welded link chain export price increased by +67.7% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($13,197 per ton), while the average price for exports to Germany ($2,270 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 Sweden (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Metal Welded Link Chain in Norway
In 2022, overseas purchases of welded link chain of iron or steel decreased by -8.1% to 7K tons, falling for the second year in a row after two years of growth. In general, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 255% against the previous year. As a result, imports attained the peak of 9.7K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, metal welded link chain imports contracted to $19M in 2022. Overall, imports, however, saw a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 381%. As a result, imports reached the peak of $33M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Metal Welded Link Chain in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.2 | 2.4 | 6.3 | 8.1 | 54.4% |
| Spain | N/A | 26.4 | 8.7 | 4.7 | -57.8% |
| Sweden | 2.0 | 2.0 | 3.3 | 2.9 | 13.2% |
| Czech Republic | 0.8 | 0.7 | 0.9 | 1.0 | 7.7% |
| Italy | 0.4 | 0.4 | 0.4 | 0.5 | 7.7% |
| Others | 1.6 | 1.5 | 1.6 | 1.7 | 2.0% |
| Total | 7.0 | 33.5 | 21.2 | 19.0 | 39.5% |
Top Suppliers of Metal Welded Link Chain to Norway in 2022:
- China (4.2K tons)
- Spain (1.3K tons)
- Sweden (0.8K tons)
- Czech Republic (0.3K tons)
- Italy (0.1K tons)
Exports of Metal Welded Link Chain in Norway
In 2022, after three years of growth, there was significant decline in shipments abroad of welded link chain of iron or steel, when their volume decreased by -49.2% to 650 tons. Over the period under review, exports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2020 with an increase of 18% against the previous year.
In value terms, metal welded link chain exports contracted significantly to $2.8M in 2022. Overall, exports, however, showed a mild expansion. The most prominent rate of growth was recorded in 2021 with an increase of 24%. As a result, the exports attained the peak of $3.6M, and then declined rapidly in the following year.
| Export of Metal Welded Link Chain in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iceland | 374 | 518 | 1,061 | 676 | 21.8% |
| Canada | 100 | 267 | 277 | 575 | 79.2% |
| Russia | 0.2 | 0.6 | 102 | 248 | 974.3% |
| United Kingdom | 103 | 135 | 224 | 186 | 21.8% |
| Spain | 22.3 | 2.5 | 67.8 | 167 | 95.6% |
| Denmark | 811 | 861 | 379 | 164 | -41.3% |
| Germany | 86.1 | 129 | 54.1 | 31.1 | -28.8% |
| Lithuania | 187 | 140 | 158 | 11.2 | -60.9% |
| United States | 286 | 226 | 142 | 10.6 | -66.7% |
| Senegal | N/A | N/A | 517 | N/A | 0% |
| Others | 779 | 596 | 594 | 761 | -0.8% |
| Total | 2,748 | 2,875 | 3,575 | 2,829 | 1.0% |
Top Export Markets for Metal Welded Link Chain from Norway in 2022:
- Canada (196.6 tons)
- Iceland (119.6 tons)
- Russia (79.0 tons)
- Spain (61.8 tons)
- Denmark (56.1 tons)
- United Kingdom (53.9 tons)
- Germany (13.7 tons)
- United States (4.0 tons)
- Lithuania (2.8 tons)
This report provides an in-depth analysis of the market for metal welded link chain in Norway. 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:
- Norway
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Norway
- 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
-
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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