Price for Chain; Articulated Link, Roller, of Iron or Steel in Indonesia - 2022

Contents:

  1. Price for Chain; Articulated Link, Roller, of Iron or Steel in Indonesia (CIF) - 2022
  2. Price for Chain; Articulated Link, Roller, of Iron or Steel in Indonesia (FOB) - 2022
  3. Imports of Chain; Articulated Link, Roller, of Iron or Steel in Indonesia
  4. Exports of Chain; Articulated Link, Roller, of Iron or Steel in Indonesia

Price for Chain; Articulated Link, Roller, of Iron or Steel in Indonesia (CIF) - 2022

The average import price for chain; articulated link, roller, of iron or steel stood at $3,376 per ton in March 2022, increasing by 14% against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +1.0%. The most prominent rate of growth was recorded in September 2021 an increase of 17% month-to-month. The import price peaked in March 2022.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($7,740 per ton), while the price for Vietnam ($2,285 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Thailand (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Chain; Articulated Link, Roller, of Iron or Steel in Indonesia (FOB) - 2022

In 2022, the average export price for chain; articulated link, roller, of iron or steel amounted to $8,146 per ton, increasing by 12% against the previous year. In general, the export price saw buoyant growth. The most prominent rate of growth was recorded in 2015 an increase of 303%. As a result, the export price reached the peak level of $8,585 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($15,291 per ton), while the average price for exports to Singapore ($1,650 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 Pakistan (+46.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chain; Articulated Link, Roller, of Iron or Steel in Indonesia

Imports of chain; articulated link, roller, of iron or steel into Indonesia surged to 26K tons in 2022, increasing by 17% on the previous year's figure. The total import volume increased at an average annual rate of +10.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 27% against the previous year. Over the period under review, imports of attained the maximum 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 soared to $71M in 2022. The total import value increased at an average annual rate of +6.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Chain; Articulated Link, Roller, of Iron or Steel in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China27.024.634.640.614.6%
Malaysia12.79.18.711.7-2.7%
Japan8.06.46.78.00.0%
Thailand6.03.15.05.1-5.3%
Vietnam1.21.91.90.9-9.1%
Others4.85.04.84.7-0.7%
Total59.650.261.771.06.0%

Top Suppliers of Chain; Articulated Link, Roller, of Iron or Steel to Indonesia in 2022:

  1. China (20.3K tons)
  2. Malaysia (3.1K tons)
  3. Thailand (1.0K tons)
  4. Japan (0.8K tons)
  5. Vietnam (0.3K tons)

Exports of Chain; Articulated Link, Roller, of Iron or Steel in Indonesia

In 2022, overseas shipments of chain; articulated link, roller, of iron or steel decreased by -21.6% to 69 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 54% against the previous year.

In value terms, exports of chain; articulated link, roller, of iron or steel dropped to $565K in 2022. In general, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 69% against the previous year. As a result, the exports attained the peak of $642K, and then contracted in the following year.

Export of Chain; Articulated Link, Roller, of Iron or Steel in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/A56.8175208.1%
Thailand20.441.210711075.4%
Pakistan45.360.711184.723.2%
Philippines69.112.625.142.2-15.2%
Vietnam1.80.30.119.6121.6%
Singapore38.629.515.316.5-24.7%
Timor-Leste3.313.117.98.235.4%
Colombia3.91.60.78.228.1%
United States5.259.91790.9-44.3%
Malaysia79.415258.10.9-77.5%
Others22.48.872.499.564.4%
Total28938064256525.0%

Top Export Markets for Chain; Articulated Link, Roller, of Iron or Steel from Indonesia in 2022:

  1. Thailand (19.0 tons)
  2. Turkey (11.4 tons)
  3. Singapore (10.0 tons)
  4. Pakistan (9.8 tons)
  5. Vietnam (5.8 tons)
  6. Philippines (3.4 tons)
  7. Colombia (2.7 tons)
  8. Timor-Leste (2.2 tons)
  9. United States (0.1 tons)
  10. Malaysia (0.1 tons)

Source: IndexBox Market Intelligence Platform

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