Singapore - 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 Singapore - 2022
Contents:
- Price for Metal Welded Link Chain in Singapore (FOB) - 2022
- Price for Metal Welded Link Chain in Singapore (CIF) - 2022
- Exports of Metal Welded Link Chain in Singapore
- Imports of Metal Welded Link Chain in Singapore
Price for Metal Welded Link Chain in Singapore (FOB) - 2022
The average metal welded link chain export price stood at $2,612 per ton in 2022, which is down by -29% against the previous year. Overall, the export price recorded a perceptible decrease. The most prominent rate of growth was recorded in 2017 when the average export price increased by 28%. The export price peaked at $4,456 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($4,096 per ton), while the average price for exports to Indonesia ($2,230 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 Malaysia (-1.1%), while the prices for the other major destinations experienced a decline.
Price for Metal Welded Link Chain in Singapore (CIF) - 2022
In September 2022, the average metal welded link chain import price amounted to $5,349 per ton, waning by -28% against the previous month. Over the period under review, the import price, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in June 2022 when the average import price increased by 119% m-o-m. Over the period under review, average import prices reached the peak figure at $7,427 per ton in August 2022, and then fell rapidly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Malaysia ($7,735 per ton), while the price for South Africa ($4,751 per ton) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by China (+8.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Metal Welded Link Chain in Singapore
Metal welded link chain exports from Singapore skyrocketed to 6.3K tons in 2022, surging by 328% compared with 2021 figures. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, metal welded link chain exports skyrocketed to $16M in 2022. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Metal Welded Link Chain in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 2.7 | 2.4 | 3.5 | 10.2 | 55.7% |
| Malaysia | 1.4 | 0.6 | 0.8 | 2.7 | 24.5% |
| Indonesia | 0.4 | 1.0 | 0.4 | 1.8 | 65.1% |
| South Korea | 0.4 | 0.3 | 0.4 | 1.0 | 35.7% |
| Cyprus | N/A | 0.8 | N/A | N/A | 0% |
| Others | 0.6 | 0.2 | 0.4 | 0.8 | 10.1% |
| Total | 5.5 | 5.3 | 5.4 | 16.5 | 44.2% |
Top Export Markets for Metal Welded Link Chain from Singapore in 2022:
- Japan (4.2K tons)
- Indonesia (0.8K tons)
- Malaysia (0.7K tons)
- South Korea (0.4K tons)
Imports of Metal Welded Link Chain in Singapore
In 2022, metal welded link chain imports into Singapore skyrocketed to 4.7K tons, with an increase of 248% compared with the previous year. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, metal welded link chain imports skyrocketed to $18M in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Metal Welded Link Chain in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,828 | 1,794 | 2,164 | 8,575 | 67.4% |
| Germany | 268 | 335 | 511 | 2,025 | 96.2% |
| Japan | 183 | 282 | 509 | 2,018 | 122.6% |
| United Kingdom | 68.6 | 253 | 294 | 1,163 | 156.9% |
| United States | 246 | 254 | 204 | 915 | 54.9% |
| Indonesia | 465 | 0.2 | 107 | 744 | 17.0% |
| Czech Republic | 59.2 | 198 | 169 | 668 | 124.3% |
| Others | 363 | 319 | 522 | 1,962 | 75.5% |
| Total | 3,480 | 3,435 | 4,480 | 18,072 | 73.2% |
Top Suppliers of Metal Welded Link Chain to Singapore in 2022:
- China (3394.3 tons)
- Germany (275.9 tons)
- Czech Republic (214.9 tons)
- Japan (156.7 tons)
- United Kingdom (148.5 tons)
- Indonesia (130.0 tons)
- United States (113.0 tons)
This report provides an in-depth analysis of the market for metal welded link chain in Singapore. 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:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- 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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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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