Asia: Metal Chain Parts Market 2025

Metal Chain Parts Market Size in Asia

The Asian metal chain parts market dropped to $X in 2022, waning by X% against the previous year. Overall, consumption recorded a slight slump. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Metal Chain Parts Production in Asia

In value terms, metal chain parts production contracted modestly to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Metal Chain Parts Exports

Exports in Asia

In 2022, overseas shipments of parts of chains of iron or steel increased by X% to X tons, rising for the second consecutive year after two years of decline. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal chain parts exports surged to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China represented the major exporter of parts of chains of iron or steel in Asia, with the volume of exports accounting for X tons, which was near X% of total exports in 2022. Indonesia (X tons) held the second position in the ranking, distantly followed by Taiwan (Chinese) (X tons) and India (X tons). All these countries together took approx. X% share of total exports. The following exporters - Singapore (X tons) and the United Arab Emirates (X tons) - each finished at a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Indonesia ($X) and Taiwan (Chinese) ($X) were the countries with the highest levels of exports in 2022, together comprising X% of total exports. India, Singapore and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

India, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, remaining stable against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced more modest paces of growth.

Metal Chain Parts Imports

Imports in Asia

Metal chain parts imports shrank notably to X tons in 2022, with a decrease of X% compared with the previous year's figure. Overall, imports showed a pronounced decline. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons, and then dropped notably in the following year.

In value terms, metal chain parts imports dropped to $X in 2022. Over the period under review, imports showed a mild shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

The purchases of the twelve major importers of parts of chains of iron or steel, namely Malaysia, Indonesia, India, Taiwan (Chinese), Thailand, Vietnam, South Korea, Turkey, Singapore, China, Japan and the United Arab Emirates, represented more than two-thirds of total import.

From 2012 to 2022, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), China ($X) and Thailand ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. India, Indonesia, Vietnam, Turkey, Taiwan (Chinese), Singapore, South Korea, Japan and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Taiwan (Chinese), with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia stood at $X per ton in 2022, with an increase of X% against the previous year. Import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal chain parts import price increased by X% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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