Asia-Pacific: Metal Stud-Link Chain Market 2025

Metal Stud-Link Chain Market Size in Asia-Pacific

In 2021, the Asia-Pacific metal stud-link chain market decreased by -11.3% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Metal Stud-Link Chain Production in Asia-Pacific

In value terms, metal stud-link chain production expanded modestly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by 13% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Metal Stud-Link Chain Exports

Exports in Asia-Pacific

In 2021, overseas shipments of iron/steel stud-link chain decreased by -4.3% to X tons, falling for the second consecutive year after three years of growth. In general, exports showed a pronounced decline. The pace of growth appeared the most rapid in 2014 when exports increased by 23%. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, metal stud-link chain exports rose markedly to $X in 2021. Over the period under review, exports saw a noticeable setback. The pace of growth appeared the most rapid in 2014 with an increase of 35% against the previous year. 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 dominates exports structure, resulting at X tons, which was near 93% of total exports in 2021. Australia (X tons) and 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, Australia (+105.9%) and Singapore (+1.8%) displayed positive paces of growth. Moreover, Australia emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +105.9% from 2012-2021. From 2012 to 2021, the share of Australia increased by +3.8 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest metal stud-link chain supplier in Asia-Pacific, comprising 94% of total exports. The second position in the ranking was taken by Singapore ($X), with a 2.2% share of total exports.

In China, metal stud-link chain exports shrank by an average annual rate of -2.1% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Singapore (-0.4% per year) and Australia (+61.1% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2021, growing by 15% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the export price increased by 16% against the previous year. The level of export peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Australia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+1.3%), while the other leaders experienced a decline in the export price figures.

Metal Stud-Link Chain Imports

Imports in Asia-Pacific

In 2021, metal stud-link chain imports in Asia-Pacific contracted significantly to X tons, waning by -19.7% compared with 2020. Overall, imports saw a abrupt setback. The pace of growth appeared the most rapid in 2015 with an increase of 36%. As a result, imports reached the peak of X tons. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, metal stud-link chain imports declined rapidly to $X in 2021. In general, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2018 when imports increased by 25% against the previous year. The level of import peaked at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

Japan represented the key importer of iron/steel stud-link chain in Asia-Pacific, with the volume of imports resulting at X tons, which was near 47% of total imports in 2021. Indonesia (X tons) ranks second in terms of the total imports with an 8.4% share, followed by Singapore (8%) and South Korea (5.8%). The following importers - Bangladesh (X tons), Taiwan (Chinese) (X tons), Australia (X tons), Marshall Islands (X tons), the Philippines (X tons), Myanmar (X tons), Vietnam (X tons) and China (X tons) - together made up 25% of total imports.

Imports into Japan decreased at an average annual rate of -1.1% from 2012 to 2021. At the same time, Marshall Islands (+21.6%), Myanmar (+6.3%), Bangladesh (+4.9%) and the Philippines (+3.7%) displayed positive paces of growth. Moreover, Marshall Islands emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of +21.6% from 2012-2021. By contrast, Vietnam (-4.5%), Indonesia (-5.0%), China (-5.0%), Taiwan (Chinese) (-6.0%), Singapore (-7.4%), Australia (-9.8%) and South Korea (-22.5%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Japan, Marshall Islands, Bangladesh, the Philippines and Myanmar increased by +18, +2.8, +2.7, +1.8 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported iron/steel stud-link chain in Asia-Pacific, comprising 32% of total imports. The second position in the ranking was held by China ($X), with a 13% share of total imports. It was followed by Singapore, with an 8.9% share.

From 2012 to 2021, the average annual growth rate of value in Japan stood at -1.5%. The remaining importing countries recorded the following average annual rates of imports growth: China (-5.1% per year) and Singapore (-6.5% per year).

Import Prices by Country

In 2021, the import price in Asia-Pacific amounted to $X per ton, with an increase of 3.4% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 6.8%. The level of import peaked 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 ($X per ton), while Japan ($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

Frequently Asked Questions (FAQ) :