Colombia: Metal Stud-Link Chain Market 2025

Metal Stud-Link Chain Market Size in Colombia

In 2021, the Colombian metal stud-link chain market increased by 5% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, continues to indicate a relatively flat trend pattern. Metal stud-link chain consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Metal Stud-Link Chain Exports

Exports from Colombia

In 2021, the amount of iron/steel stud-link chain exported from Colombia reduced rapidly to X kg, falling by -88.2% against 2020. Overall, exports recorded a noticeable downturn. The pace of growth appeared the most rapid in 2013 with an increase of 299% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, metal stud-link chain exports shrank markedly to $X in 2021. In general, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2013 when exports increased by 212% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Panama (X kg), the Dominican Republic (X kg) and Ecuador (X kg) were the main destinations of metal stud-link chain exports from Colombia, with a combined 83% share of total exports. Mexico, Guyana and Guatemala lagged somewhat behind, together comprising a further 16%.

From 2012 to 2021, the biggest increases were recorded for Guatemala (with a CAGR of +68.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Panama ($X), the Dominican Republic ($X) and Guyana ($X) appeared to be the largest markets for metal stud-link chain exported from Colombia worldwide, with a combined 83% share of total exports.

Guyana, with a CAGR of +33.8%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average metal stud-link chain export price amounted to $X per ton, shrinking by -10.7% against the previous year. Over the period under review, the export price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2019 when the average export price increased by 42%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Guatemala ($X per ton), while the average price for exports to Ecuador ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+11.3%), while the prices for the other major destinations experienced a decline.

Metal Stud-Link Chain Imports

Imports into Colombia

In 2021, the amount of iron/steel stud-link chain imported into Colombia contracted to X tons, which is down by -10% against 2020 figures. In general, imports continue to indicate a pronounced curtailment. The growth pace was the most rapid in 2015 when imports increased by 75%. Over the period under review, imports attained the peak figure at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, metal stud-link chain imports expanded remarkably to $X in 2021. Over the period under review, imports, however, continue to indicate tangible growth. The pace of growth was the most pronounced in 2014 when imports increased by 62% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the near future.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of metal stud-link chain to Colombia, with a 59% share of total imports. Moreover, metal stud-link chain imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), eightfold. Hong Kong SAR (X tons) ranked third in terms of total imports with a 3.7% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +11.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-8.1% per year) and Hong Kong SAR (+109.2% per year).

In value terms, China ($X) constituted the largest supplier of iron/steel stud-link chain to Colombia, comprising 42% of total imports. The second position in the ranking was held by the United States ($X), with a 16% share of total imports. It was followed by Italy, with a 5.4% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +22.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-0.2% per year) and Italy (-20.7% per year).

Import Prices by Country

In 2021, the average metal stud-link chain import price amounted to $X per ton, picking up by 23% against the previous year. Over the period under review, the import price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 79%. The import price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+25.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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