Price for Chain; Articulated Link, Roller, of Iron or Steel in Serbia - 2023

Contents:

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

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

In 2022, the average import price for chain; articulated link, roller, of iron or steel amounted to $7,447 per ton, shrinking by -4.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 30%. As a result, import price reached the peak level of $7,962 per ton. From 2021 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Bulgaria ($49,621 per ton), while the price for India ($2,780 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+39.4%), 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 Serbia (FOB) - 2022

In 2022, the average export price for chain; articulated link, roller, of iron or steel amounted to $14,074 per ton, surging by 7.1% against the previous year. Overall, the export price recorded a prominent expansion. The pace of growth was the most pronounced in 2020 an increase of 46% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Albania ($73,042 per ton), while the average price for exports to Romania ($4,952 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 Turkey (+44.4%), 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 Serbia

Imports of chain; articulated link, roller, of iron or steel into Serbia reached 475 tons in 2022, growing by 6.6% on 2021 figures. The total import volume increased at an average annual rate of +7.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 29%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of chain; articulated link, roller, of iron or steel totaled $3.5M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +14.2% 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 +49.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 26% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.

Import of Chain; Articulated Link, Roller, of Iron or Steel in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,1339611,4261,57711.7%
Germany5608541,2041,04022.9%
Italy1222251531435.4%
Turkey33.617874.914261.7%
Czech Republic60.855.344.510118.4%
India8.68.438.630.151.8%
Others4584715395073.4%
Total2,3752,7533,4813,53914.2%

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

  1. China (351.2 tons)
  2. Germany (32.8 tons)
  3. Turkey (29.5 tons)
  4. Czech Republic (12.1 tons)
  5. India (10.8 tons)
  6. Italy (7.3 tons)

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

In 2022, the amount of chain; articulated link, roller, of iron or steel exported from Serbia soared to 59 tons, picking up by 24% against 2021 figures. The total export volume increased at an average annual rate of +3.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 soared to $826K in 2022. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Chain; Articulated Link, Roller, of Iron or Steel in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina220199272192-4.4%
Russia2.00.1N/A170339.7%
Albania83.486.913914921.3%
North Macedonia70.695.210613825.0%
PolandN/AN/AN/A72.50%
Montenegro36.836.685.667.422.4%
Romania3.23.52.85.217.6%
Others19.572.916.732.018.0%
Total43649562282623.7%

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

  1. Bosnia and Herzegovina (25.7 tons)
  2. Russia (10.4 tons)
  3. North Macedonia (7.7 tons)
  4. Poland (7.2 tons)
  5. Albania (2.0 tons)
  6. Montenegro (1.7 tons)
  7. Romania (1.0 tons)

Source: IndexBox Market Intelligence Platform

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