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Norway - Iron Or Steel Articulated Link Chain - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Link Chain Price in Norway - 2023
Contents:
- Metal Link Chain Price in Norway (CIF) - 2023
- Metal Link Chain Price in Norway (FOB) - 2022
- Metal Link Chain Imports in Norway
- Metal Link Chain Exports in Norway
Metal Link Chain Price in Norway (CIF) - 2023
The average metal link chain import price stood at $5,082 per ton in September 2023, which is down by -73.1% against the previous month. In general, the import price showed a abrupt descent. The growth pace was the most rapid in August 2023 when the average import price increased by 105% month-to-month. The import price peaked at $21,605 per ton in June 2023; however, from July 2023 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Italy ($24,211 per ton), while the price for China ($2,718 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the UK (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Link Chain Price in Norway (FOB) - 2022
The average metal link chain export price stood at $5,170 per ton in 2022, with a decrease of -48.7% against the previous year. Overall, the export price showed a deep contraction. The most prominent rate of growth was recorded in 2015 when the average export price increased by 153%. As a result, the export price attained the peak level of $11,466 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($34,696 per ton), while the average price for exports to Faroe Islands ($2,184 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 Sweden (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Link Chain Imports in Norway
In 2022, after two years of decline, there was significant growth in purchases abroad of iron or steel articulated link chain, when their volume increased by 118% to 565 tons. In general, imports, however, recorded a sharp setback.
In value terms, metal link chain imports surged to $3.7M in 2022. Overall, total imports indicated measured growth from 2019 to 2022: its value increased at an average annual rate of +2.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.4% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Metal Link Chain in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 671 | 609 | 479 | 981 | 13.5% |
Finland | 283 | 246 | 452 | 745 | 38.1% |
China | 1,260 | 209 | 286 | 724 | -16.9% |
Sweden | 341 | 317 | 451 | 445 | 9.3% |
United Kingdom | 189 | 95.9 | 79.3 | 267 | 12.2% |
Italy | 87.6 | 134 | 32.8 | 88.2 | 0.2% |
United Arab Emirates | N/A | N/A | N/A | 31.7 | 0% |
Denmark | 181 | 97.8 | 155 | 23.5 | -49.4% |
Others | 451 | 592 | 403 | 384 | -5.2% |
Total | 3,463 | 2,299 | 2,337 | 3,688 | 2.1% |
Top Suppliers of Metal Link Chain to Norway in 2022:
- China (285.9 tons)
- Finland (77.1 tons)
- Germany (74.9 tons)
- Sweden (46.7 tons)
- United Arab Emirates (20.5 tons)
- United Kingdom (17.1 tons)
- Italy (9.9 tons)
- Denmark (3.6 tons)
Metal Link Chain Exports in Norway
In 2022, shipments abroad of iron or steel articulated link chain was finally on the rise to reach 99 tons after two years of decline. Overall, exports, however, continue to indicate a dramatic downturn.
In value terms, metal link chain exports skyrocketed to $513K in 2022. In general, exports, however, continue to indicate a deep downturn.
Export of Metal Link Chain in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Faroe Islands | 272 | 16.1 | 10.6 | 146 | -18.7% |
Sweden | 23.4 | 33.8 | 55.6 | 75.7 | 47.9% |
United States | 11.0 | 43.5 | 47.6 | 56.4 | 72.4% |
Denmark | 19.5 | 22.5 | 11.6 | 26.6 | 10.9% |
Poland | 17.4 | 97.0 | 20.5 | 20.2 | 5.1% |
Tunisia | N/A | N/A | N/A | 14.7 | 0% |
United Kingdom | 42.1 | 37.0 | 5.5 | 12.5 | -33.3% |
Netherlands | 62.3 | 28.2 | 13.9 | 7.6 | -50.4% |
Iceland | 7.2 | 3.6 | 6.4 | 6.2 | -4.9% |
Spain | 6.6 | 9.9 | 0.8 | 5.4 | -6.5% |
Others | 172 | 123 | 103 | 141 | -6.4% |
Total | 634 | 415 | 275 | 513 | -6.8% |
Top Export Markets for Metal Link Chain from Norway in 2022:
- Faroe Islands (67.1 tons)
- Sweden (5.3 tons)
- Tunisia (5.1 tons)
- Denmark (4.1 tons)
- Iceland (2.7 tons)
- Spain (2.4 tons)
- Poland (2.3 tons)
- United States (1.6 tons)
- United Kingdom (0.8 tons)
- Netherlands (0.7 tons)
This report provides an in-depth analysis of the metal link chain market in Norway. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28152170 - Iron or steel articulated link chain (excluding roller chain)
Country coverage:
- Norway
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Norway
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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