CIS: Metal Link Chain Market 2024

Metal Link Chain Market Size in CIS

The CIS metal link chain market contracted to $X in 2022, which is down by X% against the previous year. Overall, consumption continues to indicate a deep reduction. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Metal Link Chain Production in CIS

In value terms, metal link chain production shrank modestly to $X in 2022 estimated in export price. In general, production saw a abrupt setback. The pace of growth appeared the most rapid in 2021 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Metal Link Chain Exports

Exports in CIS

In 2022, overseas shipments of iron or steel articulated link chain increased by X% to X tons, rising for the second consecutive year after three years of decline. Overall, exports continue to indicate a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal link chain exports soared to $X in 2022. Over the period under review, exports recorded a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Belarus was the major exporting country with an export of about X tons, which recorded X% of total exports. Russia (X tons) held the second position in the ranking, followed by Azerbaijan (X tons) and Armenia (X tons). All these countries together took near X% share of total exports. Kazakhstan (X tons) held a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to metal link chain exports from Belarus stood at X%. At the same time, Armenia (X%), Azerbaijan (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Russia (X%) illustrated a downward trend over the same period. While the share of Belarus (X p.p.), Azerbaijan (X p.p.) and Armenia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Russia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belarus ($X) emerged as the largest metal link chain supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Russia ($X), with a X% share of total exports. It was followed by Azerbaijan, with a X% share.

In Belarus, metal link chain exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Russia (X% per year) and Azerbaijan (X% per year).

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, picking up by X% against the previous year. Export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal link chain export price increased by X% against 2017 indices. The pace of growth was the most pronounced in 2019 when the export price increased by X%. Over the period under review, the export prices reached the peak figure in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Russia ($X per ton), while Armenia ($X per ton) was amongst the lowest.

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

Metal Link Chain Imports

Imports in CIS

For the third consecutive year, the CIS recorded growth in purchases abroad of iron or steel articulated link chain, which increased by X% to X tons in 2022. In general, imports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2017 with an increase of X%. The volume of import peaked in 2022 and is likely to see gradual growth in years to come.

In value terms, metal link chain imports stood at $X in 2022. Over the period under review, imports continue to indicate strong growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in years to come.

Imports by Country

Russia prevails in imports structure, finishing at X tons, which was near X% of total imports in 2022. It was distantly followed by Belarus (X tons), achieving a X% share of total imports. Kazakhstan (X tons) and Azerbaijan (X tons) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to metal link chain imports into Russia stood at X%. At the same time, Azerbaijan (X%), Belarus (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. While the share of Russia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Kazakhstan (X p.p.) and Belarus (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported iron or steel articulated link chain in the CIS, comprising X% of total imports. The second position in the ranking was taken by Belarus ($X), with a X% share of total imports. It was followed by Kazakhstan, with a X% share.

In Russia, metal link chain imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Belarus (X% per year) and Kazakhstan (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the import price showed a abrupt contraction. The pace of growth appeared the most rapid in 2014 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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