United Kingdom - Welded Link Chain Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

United Kingdom - Welded Link Chain Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights

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Price for Metal Welded Link Chain in the UK - 2023

Contents:

  1. Price for Metal Welded Link Chain in the UK (CIF) - 2022
  2. Price for Metal Welded Link Chain in the UK (FOB) - 2022
  3. Imports of Metal Welded Link Chain in the UK
  4. Exports of Metal Welded Link Chain in the UK

Price for Metal Welded Link Chain in the UK (CIF) - 2022

The average metal welded link chain import price stood at $2,634 per ton in 2022, with a decrease of -5.8% against the previous year. Over the period under review, the import price continues to indicate a perceptible slump. The pace of growth was the most pronounced in 2018 when the average import price increased by 17%. Over the period under review, average import prices reached the maximum at $3,497 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($12,643 per ton), while the price for Brazil ($399 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Metal Welded Link Chain in the UK (FOB) - 2022

In 2022, the average metal welded link chain export price amounted to $6,083 per ton, remaining relatively unchanged against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.7%. The growth pace was the most rapid in 2016 an increase of 18% against the previous year. The export price peaked at $6,704 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($10,034 per ton), while the average price for exports to Nigeria ($2,609 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 Ireland (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Metal Welded Link Chain in the UK

Metal welded link chain imports into the UK rose to 8.1K tons in 2022, increasing by 4.2% compared with the previous year's figure. The total import volume increased at an average annual rate of +4.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 21% against the previous year. As a result, imports reached the peak of 8.6K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, metal welded link chain imports contracted to $21M in 2022. The total import value increased at an average annual rate of +8.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 24%.

Import of Metal Welded Link Chain in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.79.99.89.98.7%
Germany3.05.82.63.00.0%
Austria0.10.20.31.6152.0%
France0.70.30.31.426.0%
Czech Republic0.1N/AN/A1.3135.1%
Spain0.10.1N/A0.8100.0%
BrazilN/AN/AN/A0.70%
Sweden0.81.04.10.3-27.9%
South Africa2.41.32.70.1-65.3%
Others2.22.31.92.20.0%
Total17.021.021.821.48.0%

Top Suppliers of Metal Welded Link Chain to the UK in 2022:

  1. China (4531.6 tons)
  2. Brazil (1763.7 tons)
  3. Czech Republic (409.9 tons)
  4. France (348.6 tons)
  5. Germany (323.0 tons)
  6. Spain (182.1 tons)
  7. Austria (129.6 tons)
  8. Sweden (46.7 tons)
  9. South Africa (20.6 tons)

Exports of Metal Welded Link Chain in the UK

In 2022, the amount of welded link chain of iron or steel exported from the UK surged to 1.1K tons, growing by 35% on the previous year. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 46% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the near future.

In value terms, metal welded link chain exports skyrocketed to $6.6M in 2022. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 45%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Metal Welded Link Chain in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1331786641,124103.7%
Ireland7275931,3119238.3%
Germany34.187.1139457137.5%
Norway12923712532736.3%
Netherlands73.813836227555.0%
Singapore19.371.570.4182111.3%
Sweden7.32.730.3145170.8%
France70.428.492.313423.9%
IcelandN/AN/AN/A1330%
Czech Republic8.00.69.1125150.0%
Faroe IslandsN/AN/A6.787.81210.4%
Belgium61.232.474.268.84.0%
Nigeria15719827.552.8-30.5%
Others1,9241,7831,9412,5439.7%
Total3,3453,3494,8536,57625.3%

Top Export Markets for Metal Welded Link Chain from the UK in 2022:

  1. Ireland (264.7 tons)
  2. United States (112.0 tons)
  3. Netherlands (84.7 tons)
  4. Norway (63.4 tons)
  5. Germany (58.5 tons)
  6. Singapore (45.4 tons)
  7. Sweden (41.9 tons)
  8. Czech Republic (29.5 tons)
  9. Iceland (25.2 tons)
  10. Faroe Islands (24.4 tons)
  11. France (21.0 tons)
  12. Belgium (20.5 tons)
  13. Nigeria (20.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for metal welded link chain in the UK. 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:

  • United Kingdom

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the UK
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Welded Link Chain Of Iron Or Steel - United Kingdom