Report Update: May 1, 2024

India - Iron Or Steel Parts Of Articulated Link Chain - Market Analysis, Forecast, Size, Trends And Insights

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Price for Metal Link Chain Parts in India - 2023

Price for Metal Link Chain Parts in India (CIF) - 2022

In 2022, the average metal link chain parts import price amounted to $5,048 per ton, surging by 5.8% against the previous year. Overall, the import price, however, showed a perceptible descent. The most prominent rate of growth was recorded in 2021 an increase of 35% against the previous year. The import price peaked at $6,255 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($17,624 per ton), while the price for China ($2,457 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Metal Link Chain Parts in India (FOB) - 2023

In July 2023, the average metal link chain parts export price amounted to $4,679 per ton, surging by 9.5% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 when the average export price increased by 53% against the previous month. The export price peaked at $5,600 per ton in May 2023; however, from June 2023 to July 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was the United States ($11,323 per ton), while the average price for exports to Tanzania ($1,522 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Metal Link Chain Parts in India

In 2022, overseas purchases of iron or steel parts of articulated link chain decreased by -8% to 2.3K tons, falling for the second year in a row after two years of growth. Overall, imports showed a noticeable decline. The most prominent rate of growth was recorded in 2020 when imports increased by 12% against the previous year. As a result, imports attained the peak of 2.8K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, metal link chain parts imports dropped modestly to $11M in 2022. The total import value increased at an average annual rate of +3.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. As a result, imports reached the peak of $12M, and then declined in the following year.

Import of Metal Link Chain Parts in India (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	3.1	4.5	3.8	3.7	6.1%
China	2.0	2.2	3.1	2.9	13.2%
Taiwan (Chinese)	1.3	0.8	1.4	1.3	0.0%
Germany	1.5	0.7	1.2	1.2	-7.2%
France	0.8	0.9	1.1	1.1	11.2%
Thailand	1.1	0.5	0.5	0.7	-14.0%
Others	0.6	0.5	0.6	0.5	-5.9%
Total	10.4	10.0	11.7	11.4	3.1%

Top Suppliers of Metal Link Chain Parts to India in 2022:

China (1199.8 tons)
Taiwan (Chinese) (393.8 tons)
France (253.6 tons)
Japan (208.9 tons)
Thailand (86.3 tons)
Germany (76.2 tons)

Exports of Metal Link Chain Parts in India

In 2022, the amount of iron or steel parts of articulated link chain exported from India was estimated at 789 tons, with an increase of 9.8% on 2021. The total export volume increased at an average annual rate of +5.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 39%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, metal link chain parts exports expanded markedly to $2.8M in 2022. Over the period under review, total exports indicated a buoyant expansion 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, exports increased by +61.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 45% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Metal Link Chain Parts in India (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	616	583	735	834	10.6%
Belgium	381	197	350	398	1.5%
Nepal	94.4	117	239	271	42.1%
France	2.5	38.4	142	161	300.8%
United States	39.5	75.5	117	133	49.9%
Nigeria	7.6	0.7	107	121	151.6%
Italy	76.9	52.0	97.3	110	12.7%
Zambia	50.0	0.1	81.7	92.7	22.8%
Vietnam	89.3	90.6	67.8	91.1	0.7%
Uganda	9.9	3.9	79.4	90.1	108.8%
Thailand	2.5	66.3	66.9	75.9	212.0%
Bangladesh	78.4	35.2	49.1	59.7	-8.7%
Turkey	37.4	39.2	39.8	45.1	6.4%
Others	598	458	382	356	-15.9%
Total	2,084	1,757	2,554	2,839	10.9%

Top Export Markets for Metal Link Chain Parts from India in 2022:

Germany (238.5 tons)
Belgium (188.0 tons)
Nigeria (61.5 tons)
France (37.1 tons)
Italy (26.6 tons)
Nepal (26.4 tons)
United States (25.8 tons)
Uganda (21.3 tons)
Turkey (21.2 tons)
Bangladesh (20.5 tons)
Zambia (18.2 tons)
Vietnam (18.1 tons)
Thailand (16.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for metal link chain parts in India. 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 28153200 - Iron or steel parts of articulated link chain

Country coverage:

India

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in India
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
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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