Price for Chain; Articulated Link, Roller, of Iron or Steel in Germany - 2023
Contents:
- Price for Chain; Articulated Link, Roller, of Iron or Steel in Germany (FOB) - 2023
- Price for Chain; Articulated Link, Roller, of Iron or Steel in Germany (CIF) - 2023
- Exports of Chain; Articulated Link, Roller, of Iron or Steel in Germany
- Imports of Chain; Articulated Link, Roller, of Iron or Steel in Germany
Price for Chain; Articulated Link, Roller, of Iron or Steel in Germany (FOB) - 2023
The average export price for chain; articulated link, roller, of iron or steel stood at $22,961 per ton in October 2023, surging by 58% against the previous month. Overall, export price indicated a strong increase from October 2022 to October 2023: its price increased at an average monthly rate of +5.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for chain; articulated link, roller, of iron or steel increased by +66.3% against July 2023 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was Canada ($44,636 per ton), while the average price for exports to Israel ($5,686 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Chain; Articulated Link, Roller, of Iron or Steel in Germany (CIF) - 2023
The average import price for chain; articulated link, roller, of iron or steel stood at $4,507 per ton in October 2023, falling by -45.7% against the previous month. Overall, the import price recorded a abrupt curtailment. The pace of growth was the most pronounced in March 2023 an increase of 35% month-to-month. As a result, import price attained the peak level of $12,673 per ton. From April 2023 to October 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($24,601 per ton), while the price for China ($3,308 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Chain; Articulated Link, Roller, of Iron or Steel in Germany
In 2022, the amount of chain; articulated link, roller, of iron or steel exported from Germany fell to 28K tons, reducing by -2.1% against the previous year's figure. Overall, exports continue to indicate a mild curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 12%.
In value terms, exports of chain; articulated link, roller, of iron or steel expanded to $332M in 2022. The total export value increased at an average annual rate of +4.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 20%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Chain; Articulated Link, Roller, of Iron or Steel in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 33.1 | 27.0 | 30.1 | 34.1 | 1.0% |
| France | 28.0 | 24.1 | 26.9 | 32.3 | 4.9% |
| United States | 20.1 | 21.6 | 26.5 | 28.0 | 11.7% |
| Poland | 14.4 | 15.7 | 22.7 | 27.9 | 24.7% |
| Italy | 20.8 | 18.2 | 24.6 | 22.1 | 2.0% |
| United Kingdom | 26.2 | 24.2 | 15.5 | 16.6 | -14.1% |
| Belgium | 6.2 | 5.6 | 14.1 | 14.5 | 32.7% |
| Netherlands | 10.3 | 10.8 | 13.0 | 14.3 | 11.6% |
| Spain | 8.2 | 7.2 | 9.2 | 11.7 | 12.6% |
| Switzerland | 8.6 | 7.8 | 9.0 | 10.3 | 6.2% |
| Hungary | 9.6 | 7.7 | 9.3 | 8.7 | -3.2% |
| Czech Republic | 5.7 | 5.5 | 7.4 | 8.4 | 13.8% |
| Turkey | 3.3 | 3.5 | 5.0 | 6.7 | 26.6% |
| Others | 93.0 | 87.1 | 106 | 96.1 | 1.1% |
| Total | 287 | 266 | 319 | 332 | 5.0% |
Top Export Markets for Chain; Articulated Link, Roller, of Iron or Steel from Germany in 2022:
- Austria (3.2K tons)
- Italy (3.0K tons)
- France (2.9K tons)
- Poland (2.6K tons)
- United States (1.5K tons)
- Netherlands (1.5K tons)
- Belgium (1.4K tons)
- Spain (1.2K tons)
- United Kingdom (1.1K tons)
- Hungary (1.0K tons)
- Turkey (0.7K tons)
- Czech Republic (0.7K tons)
- Switzerland (0.6K tons)
Imports of Chain; Articulated Link, Roller, of Iron or Steel in Germany
In 2022, the amount of chain; articulated link, roller, of iron or steel imported into Germany surged to 32K tons, growing by 22% on 2021. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +14.1% 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 +54.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 27%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of chain; articulated link, roller, of iron or steel skyrocketed to $257M in 2022. Overall, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 57%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Chain; Articulated Link, Roller, of Iron or Steel in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 47.3 | 41.6 | 56.9 | 72.7 | 15.4% |
| Japan | 30.5 | 25.7 | 39.6 | 46.4 | 15.0% |
| Romania | N/A | 3.2 | 33.7 | 39.1 | 249.6% |
| Netherlands | 3.3 | 14.3 | 23.8 | 27.2 | 102.0% |
| Italy | 14.2 | 12.1 | 17.2 | 16.1 | 4.3% |
| France | 11.3 | 12.5 | 14.6 | 12.2 | 2.6% |
| Czech Republic | 5.6 | 4.4 | 5.0 | 6.0 | 2.3% |
| India | 3.8 | 2.4 | 3.8 | 5.5 | 13.1% |
| Taiwan (Chinese) | 4.5 | 3.4 | 3.7 | 5.1 | 4.3% |
| Others | 16.2 | 21.0 | 22.2 | 26.8 | 18.3% |
| Total | 137 | 141 | 220 | 257 | 23.3% |
Top Suppliers of Chain; Articulated Link, Roller, of Iron or Steel to Germany in 2022:
- China (18.6K tons)
- Romania (2.6K tons)
- Netherlands (2.6K tons)
- Japan (1.8K tons)
- Italy (1.3K tons)
- India (1.3K tons)
- Taiwan (Chinese) (0.7K tons)
- France (0.6K tons)
- Czech Republic (0.5K tons)
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