Price for Chain; Articulated Link, Roller, of Iron or Steel in Turkey - 2023
Contents:
- Price for Chain; Articulated Link, Roller, of Iron or Steel in Turkey (CIF) - 2022
- Price for Chain; Articulated Link, Roller, of Iron or Steel in Turkey (FOB) - 2022
- Imports of Chain; Articulated Link, Roller, of Iron or Steel in Turkey
- Exports of Chain; Articulated Link, Roller, of Iron or Steel in Turkey
Price for Chain; Articulated Link, Roller, of Iron or Steel in Turkey (CIF) - 2022
In 2022, the average import price for chain; articulated link, roller, of iron or steel amounted to $6,299 per ton, increasing by 23% against the previous year. Over the last decade, it increased at an average annual rate of +3.8%. The most prominent rate of growth was recorded in 2017 when the average import price increased by 25%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($24,701 per ton), while the price for Vietnam ($2,915 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+11.5%), 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 Turkey (FOB) - 2022
In 2022, the average export price for chain; articulated link, roller, of iron or steel amounted to $6,347 per ton, surging by 10% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. The pace of growth appeared the most rapid in 2017 an increase of 33%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($16,677 per ton), while the average price for exports to Bosnia and Herzegovina ($1,473 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 Russia (+7.5%), 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 Turkey
After three years of growth, supplies from abroad of chain; articulated link, roller, of iron or steel decreased by -7.7% to 5.9K tons in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +17.9% 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 +63.9% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 51%.
In value terms, imports of chain; articulated link, roller, of iron or steel stood at $37M in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +23.8% 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 +89.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 34%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Chain; Articulated Link, Roller, of Iron or Steel in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.4 | 10.1 | 12.7 | 15.6 | 28.2% |
| Germany | 3.4 | 3.5 | 5.8 | 8.1 | 33.6% |
| Italy | 1.5 | 2.7 | 3.1 | 3.0 | 26.0% |
| India | 1.3 | 1.0 | 0.9 | 1.8 | 11.5% |
| Japan | 1.5 | 1.4 | 1.9 | 1.7 | 4.3% |
| Czech Republic | 0.2 | 0.6 | 1.4 | 1.0 | 71.0% |
| Thailand | 1.5 | 1.2 | 1.2 | 0.9 | -15.7% |
| Spain | 0.2 | N/A | 0.5 | 0.8 | 58.7% |
| Vietnam | 0.2 | 0.7 | 1.4 | 0.5 | 35.7% |
| France | 0.4 | 0.6 | 0.8 | 0.4 | 0.0% |
| Ukraine | N/A | 0.3 | 0.7 | 0.1 | -42.3% |
| Others | 2.0 | 2.3 | 2.5 | 3.3 | 18.2% |
| Total | 19.5 | 24.5 | 32.8 | 37.1 | 23.9% |
Top Suppliers of Chain; Articulated Link, Roller, of Iron or Steel to Turkey in 2022:
- China (3605.6 tons)
- Germany (440.1 tons)
- India (409.7 tons)
- Thailand (241.2 tons)
- Czech Republic (237.1 tons)
- Spain (235.5 tons)
- Vietnam (173.8 tons)
- Italy (120.0 tons)
- Japan (101.8 tons)
- France (54.1 tons)
- Ukraine (21.7 tons)
Exports of Chain; Articulated Link, Roller, of Iron or Steel in Turkey
Exports of chain; articulated link, roller, of iron or steel from Turkey rose significantly to 641 tons in 2022, with an increase of 13% against the previous year's figure. The total export volume increased at an average annual rate of +6.4% 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 2020 when exports increased by 41%. As a result, the exports attained the peak of 751 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of chain; articulated link, roller, of iron or steel surged to $4.1M in 2022. The total export value increased at an average annual rate of +11.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 794 | 649 | 789 | 996 | 7.8% |
| Germany | 537 | 438 | 404 | 538 | 0.1% |
| Russia | 109 | 98.5 | 194 | 524 | 68.8% |
| Serbia | 65.9 | 213 | 82.4 | 154 | 32.7% |
| Georgia | 30.7 | 41.0 | 65.9 | 147 | 68.5% |
| Syrian Arab Republic | N/A | N/A | N/A | 122 | 0% |
| Greece | 59.7 | 81.0 | 125 | 112 | 23.3% |
| Romania | 106 | 132 | 97.8 | 91.2 | -4.9% |
| Ukraine | 56.4 | 37.8 | 62.5 | 86.8 | 15.5% |
| Morocco | 5.0 | 7.0 | 44.8 | 49.8 | 115.2% |
| Uzbekistan | 12.7 | 96.1 | 34.4 | 42.3 | 49.3% |
| Albania | 18.9 | 22.5 | 33.8 | 21.2 | 3.9% |
| Bosnia and Herzegovina | 64.4 | 140 | 53.4 | 19.9 | -32.4% |
| Others | 1,051 | 1,377 | 1,272 | 1,164 | 3.5% |
| Total | 2,911 | 3,333 | 3,259 | 4,067 | 11.8% |
Top Export Markets for Chain; Articulated Link, Roller, of Iron or Steel from Turkey in 2022:
- Italy (108.0 tons)
- Serbia (85.6 tons)
- Syrian Arab Republic (67.4 tons)
- Germany (59.3 tons)
- Romania (54.8 tons)
- Russia (31.4 tons)
- Morocco (26.2 tons)
- Greece (24.9 tons)
- Georgia (18.0 tons)
- Ukraine (13.6 tons)
- Bosnia and Herzegovina (13.5 tons)
- Albania (13.0 tons)
- Uzbekistan (10.5 tons)
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