CIS: Market for Iron Or Steel Parts Of Articulated Link Chain 2024

Market Size for Iron Or Steel Parts Of Articulated Link Chain in CIS

In 2022, the CIS metal link chain parts market decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. In general, consumption, however, continues to indicate a measured increase. Over the period under review, the market reached the peak level at $X in 2021, and then fell rapidly in the following year.

Production of Iron Or Steel Parts Of Articulated Link Chain in CIS

In value terms, metal link chain parts production stood at $X in 2022 estimated in export price. The total production indicated buoyant growth from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

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Exports of Iron Or Steel Parts Of Articulated Link Chain

Exports in CIS

Metal link chain parts exports shrank remarkably to X tons in 2022, with a decrease of X% compared with the previous year. In general, exports showed a abrupt decline. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, metal link chain parts exports dropped rapidly to $X in 2022. Overall, exports showed a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia prevails in exports structure, resulting at X tons, which was near X% of total exports in 2022. Kazakhstan (X tons) held a relatively small share of total exports.

Russia was also the fastest-growing in terms of the iron or steel parts of articulated link chain exports, with a CAGR of X% from 2012 to 2022. Kazakhstan (X%) illustrated a downward trend over the same period. Russia (X p.p.) significantly strengthened its position in terms of the total exports, while Kazakhstan saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Russia ($X) remains the largest metal link chain parts supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Russia totaled X%.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the export price recorded notable growth. The pace of growth was the most pronounced in 2017 when the export price increased by X%. The level of export peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%).

Imports of Iron Or Steel Parts Of Articulated Link Chain

Imports in CIS

After three years of growth, purchases abroad of iron or steel parts of articulated link chain decreased by X% to X tons in 2022. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2021, and then declined markedly in the following year.

In value terms, metal link chain parts imports dropped dramatically to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2021, and then dropped markedly in the following year.

Imports by Country

Russia dominates imports structure, amounting to X tons, which was near X% of total imports in 2022. Kazakhstan (X tons) took the second position in the ranking, followed by Belarus (X tons). All these countries together took near X% share of total imports.

Russia experienced a relatively flat trend pattern with regard to volume of imports of iron or steel parts of articulated link chain. Belarus (X%) and Kazakhstan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia increased by X percentage points.

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

From 2012 to 2022, the average annual rate of growth in terms of value in Russia totaled X%. In the other countries, the average annual rates were as follows: Belarus (X% per year) and Kazakhstan (X% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, declining by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X%. The level of import peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belarus ($X per ton), while Russia ($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 mixed trends in the import price figures.

Source: IndexBox Platform

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