Greece: Market for Welded Link Chain Of Iron Or Steel 2024

Market Size for Welded Link Chain Of Iron Or Steel in Greece

The Greek metal welded link chain market surged to $X in 2022, jumping by X% against the previous year. Over the period under review, the total consumption indicated modest 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, consumption increased by X% against 2017 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Welded Link Chain Of Iron Or Steel in Greece

In value terms, metal welded link chain production surged to $X in 2022 estimated in export price. Over the period under review, production, however, faced a abrupt curtailment. The pace of growth appeared the most rapid in 2019 with an increase of X%. Metal welded link chain production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

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Exports of Welded Link Chain Of Iron Or Steel

Exports from Greece

In 2022, the amount of welded link chain of iron or steel exported from Greece soared to X tons, jumping by X% compared with the previous year's figure. Over the period under review, exports continue to indicate strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal welded link chain exports surged to $X in 2022. Overall, exports saw a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey (X tons) was the main destination for metal welded link chain exports from Greece, accounting for a X% share of total exports. Moreover, metal welded link chain exports to Turkey exceeded the volume sent to the second major destination, Liberia (X tons), twofold. The third position in this ranking was taken by Marshall Islands (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Turkey stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Liberia (X% per year) and Marshall Islands (X% per year).

In value terms, Turkey ($X), Liberia ($X) and Marshall Islands ($X) constituted the largest markets for metal welded link chain exported from Greece worldwide, together comprising X% of total exports.

Liberia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average metal welded link chain export price stood at $X per ton in 2022, increasing by X% against the previous year. In general, export price indicated a moderate expansion 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 welded link chain export price increased by X% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Liberia ($X per ton), while the average price for exports to Turkey ($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 Malta (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Welded Link Chain Of Iron Or Steel

Imports into Greece

Metal welded link chain imports into Greece skyrocketed to X tons in 2022, with an increase of X% compared with the previous year's figure. In general, imports recorded a resilient expansion. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, metal welded link chain imports skyrocketed to $X in 2022. Overall, imports recorded a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of metal welded link chain to Greece, with a X% share of total imports. Moreover, metal welded link chain imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), eightfold.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%.

In value terms, China ($X) constituted the largest supplier of welded link chain of iron or steel to Greece, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%.

Import Prices by Country

In 2022, the average metal welded link chain import price amounted to $X per ton, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Turkey totaled $X per ton.

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

Source: IndexBox Platform

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