China: Metal Skid Chain Market 2024

Metal Skid Chain Market Size in China

The Chinese metal skid chain market shrank markedly to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption showed a deep reduction. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Metal Skid Chain Production in China

In value terms, metal skid chain production declined to $X in 2022 estimated in export price. Overall, production recorded a pronounced reduction. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Metal Skid Chain Exports

Exports from China

Metal skid chain exports from China surged to X tons in 2022, jumping by X% on the previous year's figure. Over the period under review, exports recorded a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal skid chain exports soared to $X in 2022. In general, exports recorded a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for metal skid chain exports from China, with a X% share of total exports. Moreover, metal skid chain exports to the United States exceeded the volume sent to the second major destination, Canada (X tons), sixfold. Japan (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Japan (X% per year).

In value terms, the United States ($X) remains the key foreign market for iron or steel skid chain exports from China, comprising X% of total exports. The second position in the ranking was taken by Japan ($X), with a X% share of total exports. It was followed by Canada, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and Canada (X% per year).

Export Prices by Country

The average metal skid chain export price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Chile ($X 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 Iran (X%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Skid Chain Imports

Imports into China

In 2022, overseas purchases of iron or steel skid chain increased by X% to X tons, rising for the fourth consecutive year after three years of decline. Over the period under review, imports enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, metal skid chain imports surged to $X in 2022. Overall, imports enjoyed buoyant growth. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Finland (X tons) constituted the largest supplier of metal skid chain to China, with a X% share of total imports. Moreover, metal skid chain imports from Finland exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), fivefold. The third position in this ranking was taken by Japan (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Finland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and Japan (X% per year).

In value terms, the largest metal skid chain suppliers to China were Finland ($X), the Czech Republic ($X) and Japan ($X), with a combined X% share of total imports.

In terms of the main suppliers, Finland, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average metal skid chain import price stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the import price saw a noticeable slump. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices failed to regain momentum.

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 Japan ($X per ton), while the price for Finland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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