Price for Chain and Parts Thereof, of Iron or Steel in France - 2023
Contents:
- Price for Chain and Parts Thereof, of Iron or Steel in France (CIF) - 2023
- Price for Chain and Parts Thereof, of Iron or Steel in France (FOB) - 2023
- Imports of Chain and Parts Thereof, of Iron or Steel in France
- Exports of Chain and Parts Thereof, of Iron or Steel in France
Price for Chain and Parts Thereof, of Iron or Steel in France (CIF) - 2023
The average import price for chain and parts thereof, of iron or steel stood at $8,593 per ton in December 2023, with a decrease of -1.9% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in November 2023 an increase of 50% against the previous month. The import price peaked at $9,544 per ton in February 2023; however, from March 2023 to December 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($38,390 per ton), while the price for Turkey ($2,020 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Spain (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Chain and Parts Thereof, of Iron or Steel in France (FOB) - 2023
In December 2023, the average export price for chain and parts thereof, of iron or steel amounted to $17,052 per ton, increasing by 40% against the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +2.9%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Hong Kong SAR ($27,304 per ton), while the average price for exports to Algeria ($2,483 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Chain and Parts Thereof, of Iron or Steel in France
In 2022, approx. 28K tons of chain and parts thereof, of iron or steel were imported into France; increasing by 15% against the previous year. The total import volume increased at an average annual rate of +5.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 17%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of chain and parts thereof, of iron or steel skyrocketed to $222M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +12.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 31%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the near future.
| Import of Chain and Parts Thereof, of Iron or Steel in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 29.7 | 26.4 | 40.7 | 50.6 | 19.4% |
| Germany | 41.1 | 37.8 | 46.5 | 49.7 | 6.5% |
| Italy | 21.6 | 21.8 | 26.9 | 31.1 | 12.9% |
| Netherlands | 8.6 | 9.3 | 14.3 | 14.2 | 18.2% |
| Japan | 12.2 | 7.2 | 9.7 | 11.9 | -0.8% |
| Belgium | 4.1 | 9.7 | 8.6 | 9.5 | 32.3% |
| Czech Republic | 5.9 | 3.9 | 4.6 | 8.4 | 12.5% |
| Spain | 4.8 | 4.7 | 6.5 | 7.5 | 16.0% |
| India | 3.4 | 0.7 | 3.9 | 4.0 | 5.6% |
| Austria | 2.6 | 2.2 | 4.2 | 3.8 | 13.5% |
| Turkey | 1.9 | 1.5 | 2.1 | 2.7 | 12.4% |
| Serbia | 1.4 | 1.9 | 2.1 | 1.6 | 4.6% |
| Others | 20.7 | 17.7 | 19.3 | 27.1 | 9.4% |
| Total | 158 | 145 | 189 | 222 | 12.0% |
Top Suppliers of Chain and Parts Thereof, of Iron or Steel to France in 2022:
- China (9.0K tons)
- Germany (5.3K tons)
- Italy (3.4K tons)
- Netherlands (1.7K tons)
- Turkey (1.1K tons)
- Belgium (1.1K tons)
- India (1.0K tons)
- Czech Republic (0.9K tons)
- Spain (0.9K tons)
- Serbia (0.4K tons)
- Japan (0.4K tons)
- Austria (0.4K tons)
Exports of Chain and Parts Thereof, of Iron or Steel in France
In 2022, the amount of chain and parts thereof, of iron or steel exported from France totaled 14K tons, surging by 13% compared with the year before. Over the period under review, exports, however, recorded a relatively flat trend pattern.
In value terms, exports of chain and parts thereof, of iron or steel declined slightly to $148M in 2022. Overall, exports, however, showed a noticeable setback. The pace of growth was the most pronounced in 2021 with an increase of 20% against the previous year.
| Export of Chain and Parts Thereof, of Iron or Steel in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 28.5 | 24.8 | 26.3 | 25.3 | -3.9% |
| Italy | 12.4 | 12.9 | 18.8 | 19.7 | 16.7% |
| United States | 15.3 | 11.3 | 14.7 | 14.6 | -1.5% |
| Spain | 9.4 | 7.0 | 12.0 | 10.9 | 5.1% |
| China | 20.7 | 12.4 | 11.7 | 8.3 | -26.3% |
| Belgium | 8.7 | 7.7 | 5.1 | 5.8 | -12.6% |
| United Kingdom | 9.6 | 6.1 | 6.1 | 5.5 | -16.9% |
| Hungary | 4.4 | 4.2 | 5.0 | 5.0 | 4.4% |
| Romania | 1.9 | 2.9 | 3.0 | 3.6 | 23.7% |
| Netherlands | 5.2 | 4.2 | 3.4 | 3.4 | -13.2% |
| Czech Republic | 2.3 | 2.5 | 3.0 | 2.8 | 6.8% |
| Ireland | 0.2 | 0.2 | 1.0 | 2.1 | 119.0% |
| Austria | 1.2 | 1.2 | 1.2 | 1.3 | 2.7% |
| Others | 39.7 | 28.6 | 39.4 | 40.3 | 0.5% |
| Total | 159 | 126 | 151 | 148 | -2.4% |
Top Export Markets for Chain and Parts Thereof, of Iron or Steel from France in 2022:
- Germany (2255.6 tons)
- Italy (1451.5 tons)
- Belgium (967.2 tons)
- United States (882.5 tons)
- United Kingdom (665.0 tons)
- Spain (569.1 tons)
- Netherlands (562.4 tons)
- Czech Republic (555.9 tons)
- Romania (491.3 tons)
- Ireland (430.6 tons)
- Hungary (396.7 tons)
- China (388.3 tons)
- Austria (356.9 tons)
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