Price for Chain; Articulated Link, Roller, of Iron or Steel in Pakistan - 2023
Contents:
- Price for Chain; Articulated Link, Roller, of Iron or Steel in Pakistan (CIF) - 2023
- Price for Chain; Articulated Link, Roller, of Iron or Steel in Pakistan (FOB) - 2022
- Imports of Chain; Articulated Link, Roller, of Iron or Steel in Pakistan
- Exports of Chain; Articulated Link, Roller, of Iron or Steel in Pakistan
Price for Chain; Articulated Link, Roller, of Iron or Steel in Pakistan (CIF) - 2023
In June 2023, the average import price for chain; articulated link, roller, of iron or steel amounted to $2,939 per ton, falling by -17.7% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 26% month-to-month. Over the period under review, average import prices hit record highs at $3,889 per ton in September 2022; however, from October 2022 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($4,108 per ton), while the price for Malaysia ($2,272 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Chain; Articulated Link, Roller, of Iron or Steel in Pakistan (FOB) - 2022
In 2022, the average export price for chain; articulated link, roller, of iron or steel amounted to $2,141 per ton, with a decrease of -63.5% against the previous year. In general, the export price, however, saw strong growth. The growth pace was the most rapid in 2019 an increase of 114%. The export price peaked at $5,870 per ton in 2021, and then dropped markedly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($9,250 per ton), while the average price for exports to Canada ($2,033 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 the United States (+61.7%), 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 Pakistan
In 2022, after three years of growth, there was significant decline in overseas purchases of chain; articulated link, roller, of iron or steel, when their volume decreased by -57.1% to 1.2K tons. In general, imports saw a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 28%. As a result, imports reached the peak of 2.8K tons, and then reduced markedly in the following year.
In value terms, imports of chain; articulated link, roller, of iron or steel fell rapidly to $4.1M in 2022. Overall, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 8.7%.
| Import of Chain; Articulated Link, Roller, of Iron or Steel in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4,864 | 3,874 | 4,117 | 2,796 | -16.9% |
| Malaysia | 444 | 699 | 565 | 574 | 8.9% |
| Japan | 232 | 222 | 167 | 244 | 1.7% |
| Germany | 45.1 | 76.7 | 114 | 114 | 36.2% |
| Thailand | 551 | 187 | 483 | 113 | -41.0% |
| Vietnam | 231 | 149 | 35.1 | 72.0 | -32.2% |
| Others | 174 | 240 | 438 | 169 | -1.0% |
| Total | 6,540 | 5,448 | 5,920 | 4,081 | -14.5% |
Top Suppliers of Chain; Articulated Link, Roller, of Iron or Steel to Pakistan in 2022:
- China (907.5 tons)
- Malaysia (146.2 tons)
- Japan (51.3 tons)
- Thailand (34.9 tons)
- Vietnam (25.0 tons)
- Germany (21.4 tons)
Exports of Chain; Articulated Link, Roller, of Iron or Steel in Pakistan
In 2022, the amount of chain; articulated link, roller, of iron or steel exported from Pakistan surged to 1.9 tons, growing by 115% on the previous year's figure. Overall, exports recorded a significant expansion. 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 dropped dramatically to $4.1K in 2022. Over the period under review, exports showed a significant increase.
| Export of Chain; Articulated Link, Roller, of Iron or Steel in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | N/A | N/A | N/A | 3.2 | 0% |
| Australia | N/A | N/A | N/A | 0.7 | 0% |
| China | 1.5 | N/A | N/A | N/A | 0% |
| United Kingdom | N/A | N/A | 4.0 | N/A | 0% |
| Saudi Arabia | N/A | N/A | 0.9 | N/A | 0% |
| Others | N/A | N/A | 0.3 | 0.2 | -33.3% |
| Total | 1.5 | N/A | 5.2 | 4.1 | 39.8% |
Top Export Markets for Chain; Articulated Link, Roller, of Iron or Steel from Pakistan in 2022:
- Canada (1589.0 kg)
- Australia (300.0 kg)
- United Kingdom (6.0 kg)
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