Benelux: Market for Iron Or Steel Parts Of Articulated Link Chain 2025

Market Size for Iron Or Steel Parts Of Articulated Link Chain in Benelux

The Benelux metal link chain parts market was finally on the rise to reach $X in 2021, after six years of decline. Over the period under review, consumption, however, showed a abrupt contraction. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Production of Iron Or Steel Parts Of Articulated Link Chain in Benelux

In value terms, metal link chain parts production rose rapidly to $X in 2021 estimated in export price. Over the period under review, production faced a abrupt decrease. The most prominent rate of growth was recorded in 2014 with an increase of 20% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Exports of Iron Or Steel Parts Of Articulated Link Chain

Exports in Benelux

In 2021, approx. X tons of iron or steel parts of articulated link chain were exported in Benelux; jumping by 18% compared with the previous year. In general, exports showed resilient growth. The most prominent rate of growth was recorded in 2020 when exports increased by 57%. Over the period under review, the exports attained the maximum in 2021 and are likely to continue growth in the immediate term.

In value terms, metal link chain parts exports totaled $X in 2021. Over the period under review, exports saw buoyant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 64%. Over the period under review, the exports reached the maximum in 2021 and are likely to see gradual growth in the near future.

Exports by Country

In 2021, the Netherlands (X tons) represented the largest exporter of iron or steel parts of articulated link chain, making up 83% of total exports. It was distantly followed by Belgium (X tons), mixing up a 16% share of total exports.

The Netherlands was also the fastest-growing in terms of the iron or steel parts of articulated link chain exports, with a CAGR of +15.4% from 2012 to 2021. Belgium (-3.7%) illustrated a downward trend over the same period. While the share of the Netherlands (+33 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Belgium (-33.6 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) remains the largest metal link chain parts supplier in Benelux, comprising 69% of total exports. The second position in the ranking was held by Belgium ($X), with a 31% share of total exports.

From 2012 to 2021, the average annual growth rate of value in the Netherlands stood at +11.4%.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2021, falling by -6.8% against the previous year. Over the last nine years, it increased at an average annual rate of +3.0%. The growth pace was the most rapid in 2018 an increase of 60% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+18.6%).

Imports of Iron Or Steel Parts Of Articulated Link Chain

Imports in Benelux

In 2021, imports of iron or steel parts of articulated link chain in Benelux skyrocketed to X tons, growing by 25% against 2020. Overall, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2016 with an increase of 66%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in years to come.

In value terms, metal link chain parts imports surged to $X in 2021. In general, imports recorded buoyant growth. The pace of growth appeared the most rapid in 2016 when imports increased by 56%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

Imports by Country

The Netherlands prevails in imports structure, resulting at X tons, which was near 88% of total imports in 2021. It was distantly followed by Belgium (X tons), mixing up an 8% share of total imports. Luxembourg (X tons) held a minor share of total imports.

Imports into the Netherlands increased at an average annual rate of +8.2% from 2012 to 2021. At the same time, Luxembourg (+22.5%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing importer imported in Benelux, with a CAGR of +22.5% from 2012-2021. By contrast, Belgium (-2.6%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the Netherlands and Luxembourg increased by +7.8 and +3 percentage points, respectively.

In value terms, the Netherlands ($X) constitutes the largest market for imported iron or steel parts of articulated link chain in Benelux, comprising 85% of total imports. The second position in the ranking was taken by Belgium ($X), with a 12% share of total imports.

In the Netherlands, metal link chain parts imports increased at an average annual rate of +11.9% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Belgium (+5.1% per year) and Luxembourg (+10.6% per year).

Import Prices by Country

The import price in Benelux stood at $X per ton in 2021, rising by 7.6% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.5%. The pace of growth was the most pronounced in 2013 an increase of 23%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belgium ($X per ton), while Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+7.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform