China: Market for Iron Or Steel Anchors, Grapnels 2025

Market Size for Iron Or Steel Anchors, Grapnels in China

The Chinese metal anchors and grapnels market fell to $X in 2022, declining by -5.3% against the previous year. The market value increased at an average annual rate of +2.1% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Iron Or Steel Anchors, Grapnels in China

In value terms, metal anchors and grapnels production fell to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.7% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the production volume increased by 9%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Exports of Iron Or Steel Anchors, Grapnels

Exports from China

In 2022, the amount of iron or steel anchors, grapnels exported from China was estimated at X units, growing by 11% compared with the previous year's figure. In general, exports showed a mild increase. The pace of growth appeared the most rapid in 2014 when exports increased by 12%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, metal anchors and grapnels exports surged to $X in 2022. The total export value increased at an average annual rate of +3.4% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 32%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

The United States (X units) was the main destination for metal anchors and grapnels exports from China, accounting for a 24% share of total exports. Moreover, metal anchors and grapnels exports to the United States exceeded the volume sent to the second major destination, Japan (X units), twofold. Spain (X units) ranked third in terms of total exports with a 4.9% share.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled +4.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+0.5% per year) and Spain (+18.7% per year).

In value terms, the United States ($X) remains the key foreign market for iron or steel anchors, grapnels exports from China, comprising 26% of total exports. The second position in the ranking was taken by Japan ($X), with an 8.5% share of total exports. It was followed by Spain, with a 5.7% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled +10.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+1.5% per year) and Spain (+24.3% per year).

Export Prices by Country

In 2022, the average metal anchors and grapnels export price amounted to $X per unit, surging by 5% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2021 an increase of 25% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($X per unit), while the average price for exports to Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron Or Steel Anchors, Grapnels

Imports into China

Metal anchors and grapnels imports into China dropped notably to X units in 2022, which is down by -36% compared with the previous year's figure. Over the period under review, imports showed a abrupt curtailment. The growth pace was the most rapid in 2018 when imports increased by 44%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, metal anchors and grapnels imports shrank rapidly to $X in 2022. Overall, imports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2018 when imports increased by 186% against the previous year. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

The Netherlands (X units), Spain (X units) and the UK (X units) were the main suppliers of metal anchors and grapnels imports to China, with a combined 52% share of total imports. Switzerland, Germany, Marshall Islands, South Korea, Japan and Singapore lagged somewhat behind, together comprising a further 18%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Switzerland (with a CAGR of +150.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest metal anchors and grapnels suppliers to China were Spain ($X), Germany ($X) and the UK ($X), with a combined 55% share of total imports. The Netherlands, Switzerland, South Korea, Marshall Islands, Japan and Singapore lagged somewhat behind, together comprising a further 27%.

In terms of the main suppliers, Switzerland, with a CAGR of +146.2%, recorded the highest rates of growth with regard to 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 average metal anchors and grapnels import price stood at $X per unit in 2022, with a decrease of -5.2% against the previous year. Overall, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal anchors and grapnels import price increased by +103.4% against 2019 indices. The growth pace was the most rapid in 2018 when the average import price increased by 98%. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Marshall Islands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :