South Africa - 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 South Africa - 2023
Contents:
- Price for Metal Welded Link Chain in South Africa (FOB) - 2023
- Price for Metal Welded Link Chain in South Africa (CIF) - 2022
- Exports of Metal Welded Link Chain in South Africa
- Imports of Metal Welded Link Chain in South Africa
Price for Metal Welded Link Chain in South Africa (FOB) - 2023
In July 2023, the average metal welded link chain export price amounted to $2,798 per ton, increasing by 9.7% against the previous month. In general, the export price, however, recorded a mild downturn. The most prominent rate of growth was recorded in February 2023 an increase of 44% m-o-m. As a result, the export price reached the peak level of $4,121 per ton. From March 2023 to July 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Mexico ($3,956 per ton), while the average price for exports to Swaziland ($856 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 Germany (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Metal Welded Link Chain in South Africa (CIF) - 2022
In 2022, the average metal welded link chain import price amounted to $2,366 per ton, picking up by 8.6% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 15% against the previous year. Over the period under review, average import prices hit record highs at $2,525 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($7,825 per ton), while the price for China ($1,562 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Metal Welded Link Chain in South Africa
In 2022, overseas shipments of welded link chain of iron or steel were finally on the rise to reach 1.8K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a abrupt decline.
In value terms, metal welded link chain exports soared to $5.3M in 2022. In general, total exports indicated tangible growth from 2019 to 2022: its value increased at an average annual rate of +2.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.5% against 2020 indices. 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 South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 2,414 | 1,185 | 2,508 | 2,259 | -2.2% |
| Zambia | 92.9 | 55.6 | 178 | 503 | 75.6% |
| Germany | 8.9 | 8.4 | 24.2 | 445 | 268.4% |
| United States | 162 | 143 | 205 | 314 | 24.7% |
| Japan | 320 | 281 | 156 | 236 | -9.7% |
| Netherlands | N/A | N/A | N/A | 153 | 0% |
| Belgium | 144 | 212 | 0.4 | 149 | 1.1% |
| South Korea | 122 | 64.9 | 41.7 | 123 | 0.3% |
| Swaziland | 209 | 382 | 23.5 | 99.2 | -22.0% |
| Greece | N/A | N/A | N/A | 87.3 | 0% |
| Mozambique | 34.1 | 73.9 | 62.3 | 67.4 | 25.5% |
| Ecuador | 57.9 | 107 | 56.4 | 62.1 | 2.4% |
| Namibia | 133 | 120 | 138 | 42.0 | -31.9% |
| Others | 1,196 | 669 | 622 | 760 | -14.0% |
| Total | 4,894 | 3,302 | 4,016 | 5,298 | 2.7% |
Top Export Markets for Metal Welded Link Chain from South Africa in 2022:
- United Kingdom (744.1 tons)
- Germany (167.6 tons)
- United States (129.4 tons)
- Japan (121.7 tons)
- Zambia (90.3 tons)
- Swaziland (77.6 tons)
- Netherlands (53.8 tons)
- Belgium (51.3 tons)
- South Korea (45.3 tons)
- Ecuador (41.8 tons)
- Mozambique (39.4 tons)
- Greece (28.7 tons)
- Namibia (10.3 tons)
Imports of Metal Welded Link Chain in South Africa
In 2022, after two years of decline, there was significant growth in supplies from abroad of welded link chain of iron or steel, when their volume increased by 11% to 2K tons. Overall, imports, however, continue to indicate a abrupt descent.
In value terms, metal welded link chain imports skyrocketed to $4.8M in 2022. Over the period under review, imports, however, recorded a perceptible downturn.
| Import of Metal Welded Link Chain in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,778 | 1,988 | 2,372 | 2,524 | -3.1% |
| Japan | 520 | 469 | 417 | 827 | 16.7% |
| Germany | 508 | 408 | 584 | 572 | 4.0% |
| Italy | 583 | 380 | 161 | 408 | -11.2% |
| Hong Kong SAR | 67.8 | N/A | N/A | 52.2 | -8.3% |
| Others | 703 | 429 | 406 | 388 | -18.0% |
| Total | 5,162 | 3,674 | 3,940 | 4,772 | -2.6% |
Top Suppliers of Metal Welded Link Chain to South Africa in 2022:
- China (1616.3 tons)
- Italy (137.6 tons)
- Japan (112.2 tons)
- Germany (73.1 tons)
- Hong Kong SAR (30.7 tons)
This report provides an in-depth analysis of the market for metal welded link chain in South Africa. 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:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- 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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