SADC: Metal Stud-Link Chain Market 2024

Metal Stud-Link Chain Market Size in SADC

In 2023, the SADC metal stud-link chain market decreased by X% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption saw a abrupt decline. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Metal Stud-Link Chain Production in SADC

In value terms, metal stud-link chain production amounted to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Metal Stud-Link Chain Exports

Exports in SADC

Metal stud-link chain exports contracted markedly to X tons in 2023, waning by X% against 2022. Overall, exports faced a abrupt decline. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

In value terms, metal stud-link chain exports dropped remarkably to $X in 2023. In general, exports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

South Africa dominates exports structure, resulting at X tons, which was near X% of total exports in 2023. It was distantly followed by Namibia (X tons), comprising a X% share of total exports.

Exports from South Africa decreased at an average annual rate of X% from 2012 to 2023. Namibia (X%) illustrated a downward trend over the same period. Namibia (X p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, South Africa ($X) remains the largest metal stud-link chain supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Namibia ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in South Africa totaled X%.

Export Prices by Country

The export price in SADC stood at $X per ton in 2023, rising by X% against the previous year. Over the period under review, the export price continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. The level of export peaked in 2023 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Namibia ($X per ton), while South Africa totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Namibia (X%).

Metal Stud-Link Chain Imports

Imports in SADC

In 2023, overseas purchases of iron/steel stud-link chain decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2020 when imports increased by X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, metal stud-link chain imports declined modestly to $X in 2023. Overall, imports showed a deep slump. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.

Imports by Country

South Africa (X tons) and Angola (X tons) represented the key importers of iron/steel stud-link chain in 2023, amounting to approx. X% and X% of total imports, respectively. Zambia (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Democratic Republic of the Congo (X%). The following importers - Botswana (X tons), Namibia (X tons) and Tanzania (X tons) - together made up X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Democratic Republic of the Congo (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest metal stud-link chain importing markets in SADC were Angola ($X), South Africa ($X) and Zambia ($X), together accounting for X% of total imports. Democratic Republic of the Congo, Namibia, Tanzania and Botswana lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Democratic Republic of the Congo, 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 import price in SADC stood at $X per ton in 2023, with an increase of X% against the previous year. Import price indicated a slight increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure in 2023 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Namibia ($X per ton), while Botswana ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Democratic Republic of the Congo (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform