Portugal - 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 Portugal - 2023
Contents:
- Price for Metal Welded Link Chain in Portugal (CIF) - 2023
- Price for Metal Welded Link Chain in Portugal (FOB) - 2022
- Imports of Metal Welded Link Chain in Portugal
- Exports of Metal Welded Link Chain in Portugal
Price for Metal Welded Link Chain in Portugal (CIF) - 2023
In July 2023, the average metal welded link chain import price amounted to $6,040 per ton, rising by 71% against the previous month. Over the period under review, the import price recorded a modest expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the Netherlands ($16,668 per ton), while the price for Turkey ($2,187 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 Belgium (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Metal Welded Link Chain in Portugal (FOB) - 2022
In 2022, the average metal welded link chain export price amounted to $3,588 per ton, surging by 26% against the previous year. Over the period under review, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.7% 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 +64.0% against 2019 indices. The growth pace was the most rapid in 2016 an increase of 46% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($5,560 per ton), while the average price for exports to Mozambique ($2,788 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 Spain (+2.0%), while the prices for the other major destinations experienced a decline.
Imports of Metal Welded Link Chain in Portugal
In 2022, the amount of welded link chain of iron or steel imported into Portugal shrank to 682 tons, with a decrease of -7.3% compared with the year before. Over the period under review, imports saw a deep contraction. The growth pace was the most rapid in 2021 when imports increased by 68%.
In value terms, metal welded link chain imports expanded significantly to $2M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +9.6% 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 +103.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 89%. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Metal Welded Link Chain in Portugal (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 960 | 371 | 445 | 598 | -14.6% |
Spain | 165 | 158 | 456 | 313 | 23.8% |
France | 132 | 152 | 104 | 291 | 30.1% |
Netherlands | 42.0 | 77.9 | 20.0 | 277 | 87.5% |
Germany | 84.1 | 61.5 | 151 | 205 | 34.6% |
Italy | 131 | 77.4 | 374 | 187 | 12.6% |
Belgium | 2.9 | 3.3 | 208 | 83.0 | 205.9% |
Turkey | N/A | N/A | 61.1 | N/A | 0% |
Others | 28.6 | 95.9 | 68.5 | 79.8 | 40.8% |
Total | 1,545 | 997 | 1,887 | 2,033 | 9.6% |
Top Suppliers of Metal Welded Link Chain to Portugal in 2022:
- China (285.2 tons)
- Netherlands (122.5 tons)
- France (86.9 tons)
- Spain (69.8 tons)
- Italy (53.4 tons)
- Germany (27.5 tons)
- Belgium (26.1 tons)
Exports of Metal Welded Link Chain in Portugal
In 2022, metal welded link chain exports from Portugal soared to 106 tons, picking up by 86% on the previous year. In general, exports showed strong growth. 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 surged to $382K in 2022. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Metal Welded Link Chain in Portugal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | N/A | N/A | N/A | 106 | 0% |
Angola | 23.8 | 19.6 | 19.9 | 75.4 | 46.9% |
Spain | 42.2 | 31.4 | 69.8 | 62.1 | 13.7% |
Mozambique | 9.3 | 46.1 | 39.6 | 43.4 | 67.1% |
Faroe Islands | N/A | N/A | N/A | 27.9 | 0% |
Canada | N/A | N/A | N/A | 26.2 | 0% |
Norway | N/A | N/A | N/A | 23.6 | 0% |
Cabo Verde | 25.2 | 0.5 | 22.9 | N/A | -4.7% |
South Africa | 27.8 | N/A | N/A | N/A | 0% |
Others | 9.3 | 11.7 | 10.5 | 16.7 | 21.5% |
Total | 138 | 109 | 163 | 382 | 40.4% |
Top Export Markets for Metal Welded Link Chain from Portugal in 2022:
- United Kingdom (31.4 tons)
- Spain (20.8 tons)
- Mozambique (15.6 tons)
- Angola (13.6 tons)
- Canada (7.8 tons)
- Faroe Islands (7.3 tons)
- Norway (7.2 tons)
This report provides an in-depth analysis of the market for metal welded link chain in Portugal. 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:
- Portugal
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Portugal
- 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
This report provides an in-depth analysis of the market for metal welded link chain in Portugal.
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