India: Metal Stud-Link Chain Market 2024

Metal Stud-Link Chain Market Size in India

The Indian metal stud-link chain market expanded to $X in 2022, picking up by X% against the previous year. In general, consumption, however, continues to indicate a noticeable contraction. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Metal Stud-Link Chain Production in India

In value terms, metal stud-link chain production stood at $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume decreased by X%. Metal stud-link chain production peaked in 2022 and is likely to continue growth in the near future.

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Metal Stud-Link Chain Exports

Exports from India

In 2022, approx. X tons of iron/steel stud-link chain were exported from India; jumping by X% on the year before. In general, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal stud-link chain exports soared to $X in 2022. Over the period under review, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates (X tons) was the main destination for metal stud-link chain exports from India, accounting for a X% share of total exports. Moreover, metal stud-link chain exports to the United Arab Emirates exceeded the volume sent to the second major destination, France (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X,950.0% per year) and Sri Lanka (X% per year).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for iron/steel stud-link chain exports from India, comprising X% of total exports. The second position in the ranking was taken by France ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X,875.0% per year) and Sri Lanka (X% per year).

Export Prices by Country

The average metal stud-link chain export price stood at $X per ton in 2022, which is down by X% against the previous year. In general, the export price recorded a abrupt decline. The growth pace was the most rapid in 2017 when the average export price increased by X%. The export price peaked at $X per ton in 2021, and then plummeted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sri Lanka ($X per ton), while the average price for exports to the United Arab Emirates ($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 France (X%), while the prices for the other major destinations experienced mixed trend patterns.

Metal Stud-Link Chain Imports

Imports into India

In 2022, after two years of decline, there was significant growth in supplies from abroad of iron/steel stud-link chain, when their volume increased by X% to X tons. Overall, imports continue to indicate a mild increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, metal stud-link chain imports skyrocketed to $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) was the main metal stud-link chain supplier to India, with a X% share of total imports. It was followed by South Korea (X tons), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and France (X% per year).

In value terms, China ($X) constituted the largest supplier of iron/steel stud-link chain to India, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and South Korea (X% per year).

Import Prices by Country

In 2022, the average metal stud-link chain import price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price, however, saw a mild decrease. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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