Asia: Metal Stud-Link Chain Market 2025

Metal Stud-Link Chain Market Size in Asia

The Asian metal stud-link chain market rose rapidly to $X in 2021, with an increase of 5.5% against the previous year. The market value increased at an average annual rate of +1.7% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Metal Stud-Link Chain Production in Asia

In value terms, metal stud-link chain production rose slightly to $X in 2021 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 14%. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Metal Stud-Link Chain Exports

Exports in Asia

In 2021, shipments abroad of iron/steel stud-link chain decreased by -7.7% to X tons, falling for the second year in a row after three years of growth. In general, exports continue to indicate a noticeable downturn. The pace of growth was the most pronounced in 2014 with an increase of 22% against the previous year. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, metal stud-link chain exports expanded significantly to $X in 2021. Overall, exports showed a perceptible decrease. The growth pace was the most rapid in 2014 when exports increased by 32%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

China prevails in exports structure, resulting at X tons, which was approx. 96% of total exports in 2021. Singapore (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to metal stud-link chain exports from China stood at -3.3%. At the same time, Singapore (+1.8%) displayed positive paces of growth. Moreover, Singapore emerged as the fastest-growing exporter exported in Asia, with a CAGR of +1.8% from 2012-2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest metal stud-link chain supplier in Asia, comprising 95% of total exports. The second position in the ranking was taken by Singapore ($X), with a 2.3% share of total exports.

From 2012 to 2021, the average annual growth rate of value in China stood at -2.1%.

Export Prices by Country

The export price in Asia stood at $X per ton in 2021, with an increase of 18% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while China stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+1.3%).

Metal Stud-Link Chain Imports

Imports in Asia

In 2021, the amount of iron/steel stud-link chain imported in Asia reduced sharply to X tons, with a decrease of -17.1% against 2020. Overall, imports showed a abrupt downturn. The pace of growth appeared the most rapid in 2018 with an increase of 15% against the previous year. The volume of import peaked at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, metal stud-link chain imports declined markedly to $X in 2021. In general, imports showed a abrupt setback. The pace of growth was the most pronounced in 2018 with an increase of 20%. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Japan was the main importer of iron/steel stud-link chain in Asia, with the volume of imports accounting for X tons, which was near 43% of total imports in 2021. It was distantly followed by the United Arab Emirates (X tons), Indonesia (X tons), Singapore (X tons) and South Korea (X tons), together generating a 31% share of total imports. The following importers - Bangladesh (X tons), Taiwan (Chinese) (X tons), the Philippines (X tons), Myanmar (X tons), Vietnam (X tons) and China (X tons) - together made up 17% of total imports.

Imports into Japan decreased at an average annual rate of -1.1% from 2012 to 2021. At the same time, Myanmar (+6.3%), the United Arab Emirates (+5.7%), Bangladesh (+4.9%) and the Philippines (+3.7%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing importer imported in Asia, with a CAGR of +6.3% from 2012-2021. By contrast, Vietnam (-4.5%), Indonesia (-5.0%), China (-5.0%), Taiwan (Chinese) (-6.0%), Singapore (-7.4%) and South Korea (-22.5%) illustrated a downward trend over the same period. While the share of Japan (+14 p.p.), the United Arab Emirates (+6.9 p.p.), Bangladesh (+2.3 p.p.) and the Philippines (+1.6 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of South Korea (-26.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported iron/steel stud-link chain in Asia, comprising 31% of total imports. The second position in the ranking was taken by China ($X), with a 12% share of total imports. It was followed by Singapore, with an 8.5% share.

From 2012 to 2021, the average annual growth rate of value in Japan totaled -1.5%. In the other countries, the average annual rates were as follows: China (-5.1% per year) and Singapore (-6.5% per year).

Import Prices by Country

In 2021, the import price in Asia amounted to $X per ton, leveling off at the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 12%. Over the period under review, import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+7.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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