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Serbia - 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 Serbia - 2023
Contents:
- Price for Metal Welded Link Chain in Serbia (FOB) - 2023
- Price for Metal Welded Link Chain in Serbia (CIF) - 2022
- Exports of Metal Welded Link Chain in Serbia
- Imports of Metal Welded Link Chain in Serbia
Price for Metal Welded Link Chain in Serbia (FOB) - 2023
The average metal welded link chain export price stood at $2,803 per ton in November 2023, growing by 41% against the previous month. In general, the export price recorded a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $3,002 per ton in May 2023; however, from June 2023 to November 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was Croatia ($6,290 per ton), while the average price for exports to Germany ($2,124 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+7.8%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Metal Welded Link Chain in Serbia (CIF) - 2022
In 2022, the average metal welded link chain import price amounted to $3,996 per ton, picking up by 20% against the previous year. In general, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.5% 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 import price increased by +95.4% against 2018 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 60%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Croatia ($18,314 per ton), while the price for Bosnia and Herzegovina ($438 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+20.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Metal Welded Link Chain in Serbia
For the third year in a row, Serbia recorded decline in shipments abroad of welded link chain of iron or steel, which decreased by -24.2% to 706 tons in 2022. Overall, exports saw a deep slump. The smallest decline of -10.2% was in 2021.
In value terms, metal welded link chain exports dropped to $1.8M in 2022. In general, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 4.5% against the previous year.
Export of Metal Welded Link Chain in Serbia (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1,323 | 1,080 | 1,227 | 1,171 | -4.0% |
Hungary | 229 | 240 | 321 | 232 | 0.4% |
Bosnia and Herzegovina | 316 | 259 | 180 | 144 | -23.0% |
Slovenia | 82.4 | 87.1 | 91.6 | 80.0 | -1.0% |
Croatia | 58.3 | 106 | 56.9 | 66.1 | 4.3% |
Others | 52.1 | 103 | 82.0 | 69.7 | 10.2% |
Total | 2,061 | 1,875 | 1,958 | 1,764 | -5.1% |
Top Export Markets for Metal Welded Link Chain from Serbia in 2022:
- Germany (525.8 tons)
- Hungary (93.6 tons)
- Bosnia and Herzegovina (38.7 tons)
- Croatia (17.6 tons)
- Slovenia (16.2 tons)
Imports of Metal Welded Link Chain in Serbia
Metal welded link chain imports into Serbia expanded significantly to 204 tons in 2022, surging by 9.4% against 2021 figures. Overall, imports, however, recorded a abrupt downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 54% against the previous year.
In value terms, metal welded link chain imports soared to $816K in 2022. Over the period under review, total imports indicated modest growth from 2019 to 2022: its value increased at an average annual rate of +1.9% 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 +85.6% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 41%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.
Import of Metal Welded Link Chain in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 80.7 | 142 | 112 | 306 | 55.9% |
China | 107 | 105 | 119 | 149 | 11.7% |
Turkey | 24.4 | 12.9 | 102 | 111 | 65.7% |
Czech Republic | 340 | 56.4 | 119 | 104 | -32.6% |
Slovenia | 73.9 | 52.3 | 116 | 70.5 | -1.6% |
Bosnia and Herzegovina | 40.9 | 1.7 | N/A | 0.1 | -86.5% |
Others | 105 | 68.9 | 52.2 | 75.6 | -10.4% |
Total | 771 | 440 | 620 | 816 | 1.9% |
Top Suppliers of Metal Welded Link Chain to Serbia in 2022:
- China (80.4 tons)
- Turkey (45.0 tons)
- Germany (29.2 tons)
- Czech Republic (29.0 tons)
- Slovenia (12.0 tons)
- Bosnia and Herzegovina (0.2 tons)
This report provides an in-depth analysis of the market for metal welded link chain in Serbia. 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:
- Serbia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Serbia
- 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
This report provides an in-depth analysis of the market for metal welded link chain in Serbia.
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