Price for Chain; Articulated Link, Roller, of Iron or Steel in Canada - 2023
Contents:
- Price for Chain; Articulated Link, Roller, of Iron or Steel in Canada (CIF) - 2023
- Price for Chain; Articulated Link, Roller, of Iron or Steel in Canada (FOB) - 2022
- Imports of Chain; Articulated Link, Roller, of Iron or Steel in Canada
- Exports of Chain; Articulated Link, Roller, of Iron or Steel in Canada
Price for Chain; Articulated Link, Roller, of Iron or Steel in Canada (CIF) - 2023
In October 2023, the average import price for chain; articulated link, roller, of iron or steel amounted to $9,563 per ton, picking up by 32% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 an increase of 32% month-to-month. Over the period under review, average import prices attained the maximum at $10,397 per ton in July 2023; however, from August 2023 to October 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($16,527 per ton), while the price for China ($4,292 per ton) was amongst the lowest.
From December 2022 to October 2023, the most notable rate of growth in terms of prices was attained by South Korea (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Chain; Articulated Link, Roller, of Iron or Steel in Canada (FOB) - 2022
In 2022, the average export price for chain; articulated link, roller, of iron or steel amounted to $7,970 per ton, waning by -8.3% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 36%. As a result, the export price attained the peak level of $10,192 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($8,890 per ton), while the average price for exports to Cuba ($4,541 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 Chile (+1.0%), while the prices for the other major destinations experienced a decline.
Imports of Chain; Articulated Link, Roller, of Iron or Steel in Canada
In 2022, imports of chain; articulated link, roller, of iron or steel into Canada surged to 12K tons, increasing by 31% against the previous year's figure. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +10.1% 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 +59.7% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of chain; articulated link, roller, of iron or steel skyrocketed to $89M in 2022. The total import value increased at an average annual rate of +5.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Chain; Articulated Link, Roller, of Iron or Steel in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 36.1 | 27.2 | 24.5 | 27.2 | -9.0% |
China | 13.0 | 10.5 | 14.0 | 22.6 | 20.2% |
Japan | 10.2 | 7.9 | 10.7 | 15.2 | 14.2% |
Germany | 4.8 | 4.3 | 5.7 | 6.4 | 10.1% |
Taiwan (Chinese) | 3.1 | 3.0 | 3.3 | 4.4 | 12.4% |
France | 3.4 | 2.5 | 2.2 | 2.6 | -8.6% |
South Korea | 1.3 | 0.9 | 1.2 | 1.6 | 7.2% |
Others | 3.7 | 4.2 | 4.9 | 8.7 | 33.0% |
Total | 75.6 | 60.5 | 66.6 | 88.7 | 5.5% |
Top Suppliers of Chain; Articulated Link, Roller, of Iron or Steel to Canada in 2022:
- China (5.9K tons)
- United States (2.9K tons)
- Japan (1.3K tons)
- South Korea (0.6K tons)
- Germany (0.6K tons)
- Taiwan (Chinese) (0.5K tons)
- France (0.2K tons)
Exports of Chain; Articulated Link, Roller, of Iron or Steel in Canada
In 2022, exports of chain; articulated link, roller, of iron or steel from Canada soared to 1.3K tons, with an increase of 49% against the year before. Overall, exports continue to indicate prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of chain; articulated link, roller, of iron or steel skyrocketed to $10M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +12.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.1% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Chain; Articulated Link, Roller, of Iron or Steel in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 5.4 | 5.0 | 5.9 | 8.1 | 14.5% |
Cuba | 0.5 | N/A | 0.4 | 0.3 | -15.7% |
Brazil | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
United Kingdom | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
Chile | 0.2 | N/A | 0.1 | 0.2 | 0.0% |
Australia | 0.1 | 0.3 | 0.1 | 0.1 | 0.0% |
Russia | 0.1 | 0.1 | N/A | N/A | 0.0% |
Others | 0.7 | 0.8 | 0.7 | 1.1 | 16.3% |
Total | 7.2 | 6.6 | 7.4 | 10.2 | 12.3% |
Top Export Markets for Chain; Articulated Link, Roller, of Iron or Steel from Canada in 2022:
- United States (916.0 tons)
- Cuba (68.7 tons)
- United Kingdom (33.9 tons)
- Brazil (26.3 tons)
- Chile (25.1 tons)
- Australia (17.0 tons)
- Russia (2.9 tons)
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