Report Update: May 1, 2024

Hong Kong SAR, China - Iron Or Steel Skid Chain - Market Analysis, Forecast, Size, Trends And Insights

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Metal Skid Chain Price in Hong Kong SAR - 2023

Metal Skid Chain Price in Hong Kong SAR (FOB) - 2022

In 2022, the average metal skid chain export price amounted to $13,410 per ton, surging by 27% against the previous year. Overall, the export price, however, continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2018 an increase of 116% against the previous year. The export price peaked at $32,233 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 Brazil ($114,666 per ton), while the average price for exports to Malaysia ($3,320 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 UK (+40.1%), while the prices for the other major destinations experienced a decline.

Metal Skid Chain Price in Hong Kong SAR (CIF) - 2022

In 2022, the average metal skid chain import price amounted to $23,417 per ton, increasing by 28% against the previous year. Overall, the import price posted significant growth. The pace of growth appeared the most rapid in 2019 an increase of 327% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Sweden.

From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to +23.5% per year.

Metal Skid Chain Exports in Hong Kong SAR

In 2022, metal skid chain exports from Hong Kong SAR declined notably to 110 kg, with a decrease of -83.1% compared with 2021 figures. In general, exports faced a precipitous slump. The smallest decline of -54.6% was in 2020.

In value terms, metal skid chain exports dropped significantly to $1.5K in 2022. Over the period under review, exports continue to indicate a precipitous shrinkage. The smallest decline of -50.7% was in 2020.

Export of Metal Skid Chain in Hong Kong SAR (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	4.8	0.8	6.8	0.6	-50.0%
Panama	N/A	4.1	N/A	0.4	-68.8%
Brazil	N/A	N/A	N/A	0.2	0%
Thailand	N/A	N/A	N/A	0.2	0%
Malaysia	N/A	N/A	N/A	N/A	0%
United Kingdom	3.8	N/A	N/A	N/A	0%
Japan	118	58.6	N/A	N/A	-50.3%
Others	3.6	0.6	N/A	N/A	-83.3%
Total	130	64.2	6.9	1.5	-77.4%

Top Export Markets for Metal Skid Chain from Hong Kong SAR in 2022:

United States (54.0 kg)
Thailand (38.0 kg)
Panama (12.0 kg)
Malaysia (3.0 kg)
Brazil (2.0 kg)

Metal Skid Chain Imports in Hong Kong SAR

In 2022, after three years of growth, there was significant decline in supplies from abroad of iron or steel skid chain, when their volume decreased by -37.1% to 1.2 tons. In general, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 85%. As a result, imports reached the peak of 1.8 tons, and then fell dramatically in the following year.

In value terms, metal skid chain imports shrank sharply to $27K in 2022. Overall, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 184% against the previous year.

Import of Metal Skid Chain in Hong Kong SAR (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Sweden	N/A	N/A	N/A	27.2	0%
China	N/A	N/A	22.3	N/A	0%
Denmark	N/A	20.5	5.8	N/A	-71.7%
Singapore	7.1	N/A	N/A	N/A	0%
Others	N/A	0.1	5.8	N/A	5700.0%
Total	7.2	20.6	33.9	27.2	55.7%

Top Suppliers of Metal Skid Chain to Hong Kong SAR in 2022:

Sweden (1.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal skid chain market in Hong Kong SAR, China. 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 25931730 - Iron or steel skid chain excluding chains fitted with cutting, or other articles in which chains play a subsidiary role, door guards finished with chains - surveying chains

Country coverage:

Hong Kong SAR

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hong Kong SAR, China
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023