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Mexico - Welded Link Chain Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Metal Welded Link Chain in Mexico - 2023
Contents:
- Price for Metal Welded Link Chain in Mexico (CIF) - 2023
- Price for Metal Welded Link Chain in Mexico (FOB) - 2022
- Imports of Metal Welded Link Chain in Mexico
- Exports of Metal Welded Link Chain in Mexico
Price for Metal Welded Link Chain in Mexico (CIF) - 2023
In June 2023, the average metal welded link chain import price amounted to $3,083 per ton, with a decrease of -23.5% against the previous month. Over the period under review, the import price saw a pronounced decline. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 58% against the previous month. As a result, import price attained the peak level of $5,105 per ton. From April 2023 to June 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($10,657 per ton), while the price for China ($2,085 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 the United States (-1.0%), while the prices for the other major suppliers experienced a decline.
Price for Metal Welded Link Chain in Mexico (FOB) - 2022
The average metal welded link chain export price stood at $3,333 per ton in 2022, rising by 30% against the previous year. In general, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal welded link chain export price decreased by -21.8% against 2018 indices. The pace of growth appeared the most rapid in 2016 when the average export price increased by 48%. The export price peaked at $4,260 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($3,650 per ton), while the average price for exports to Honduras ($2,367 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 Colombia (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Metal Welded Link Chain in Mexico
Metal welded link chain imports into Mexico soared to 3.5K tons in 2022, jumping by 22% against the year before. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +6.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, metal welded link chain imports skyrocketed to $13M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +10.8% 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 +76.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 36%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
Import of Metal Welded Link Chain in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3.5 | 3.0 | 4.6 | 6.2 | 21.0% |
United States | 4.5 | 3.0 | 4.6 | 6.0 | 10.1% |
Germany | 0.7 | 0.7 | 0.7 | 0.6 | -5.0% |
India | 0.1 | 0.2 | N/A | N/A | 100.0% |
Others | 0.9 | 0.7 | 0.3 | 0.5 | -17.8% |
Total | 9.8 | 7.5 | 10.3 | 13.3 | 10.7% |
Top Suppliers of Metal Welded Link Chain to Mexico in 2022:
- China (2361.7 tons)
- United States (990.4 tons)
- Germany (53.8 tons)
Exports of Metal Welded Link Chain in Mexico
In 2022, overseas shipments of welded link chain of iron or steel decreased by -43.4% to 288 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, saw a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 82% against the previous year. As a result, the exports attained the peak of 509 tons, and then dropped rapidly in the following year.
In value terms, metal welded link chain exports declined rapidly to $961K in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +8.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 49% against the previous year.
Export of Metal Welded Link Chain in Mexico (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 198 | 620 | 1,137 | 747 | 55.7% |
Guatemala | 88.2 | 91.7 | 93.2 | 98.8 | 3.9% |
Honduras | 196 | 143 | 35.1 | 73.9 | -27.8% |
El Salvador | 79.7 | 88.7 | 28.6 | 31.3 | -26.8% |
Ecuador | 51.2 | 71.2 | N/A | 5.5 | -52.5% |
Belize | 33.7 | 27.7 | 8.8 | 2.2 | -59.7% |
Others | 99.9 | 73.7 | 2.5 | 2.5 | -70.8% |
Total | 747 | 1,115 | 1,305 | 961 | 8.8% |
Top Export Markets for Metal Welded Link Chain from Mexico in 2022:
- United States (204.7 tons)
- Guatemala (36.3 tons)
- Honduras (31.2 tons)
- El Salvador (13.1 tons)
- Ecuador (1.8 tons)
- Belize (0.7 tons)
This report provides an in-depth analysis of the market for metal welded link chain in Mexico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25931724 - Welded link chain of iron or steel (excluding articulated link chain, skid chain and stud-link chain)
Country coverage:
- Mexico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Mexico
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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The most prominent rate of growth was recorded in May 2023 with an increase of 36% month-to-month. In value terms, Metal Link Chain imports fell to $4.2M in October 2023.
In January 2023, the metal link chain price amounted to $11,860 per ton (CIF, Mexico), leveling off at the previous month.
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The most prominent rate of growth was recorded in May 2023 with an increase of 36% month-to-month. In value terms, Metal Link Chain imports fell to $4.2M in October 2023.
In January 2023, the metal link chain price amounted to $11,860 per ton (CIF, Mexico), leveling off at the previous month.
Explore the top import markets for transmission shaft in 2023, including the United States, Germany, China, and more. Learn about the key players in this industry and their import values.