Czech Republic: Metal Link Chain Market 2024

Metal Link Chain Market Size in the Czech Republic

In 2021, the Czech metal link chain market was finally on the rise to reach $X after two years of decline. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Metal Link Chain Production in the Czech Republic

In value terms, metal link chain production rose significantly to $X in 2021 estimated in export price. Overall, the total production indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +2.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -6.1% against 2018 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by 42% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Metal Link Chain Exports

Exports from the Czech Republic

In 2021, shipments abroad of iron or steel articulated link chain increased by 25% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2017 with an increase of 39%. Over the period under review, the exports reached the maximum at X tons in 2018; afterwards, it flattened through to 2021.

In value terms, metal link chain exports skyrocketed to $X in 2021. Overall, exports posted a significant increase. The pace of growth appeared the most rapid in 2017 when exports increased by 243%. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

Germany (X tons), Austria (X tons) and Poland (X tons) were the main destinations of metal link chain exports from the Czech Republic, with a combined 75% share of total exports. These countries were followed by Romania, Spain, Russia and France, which together accounted for a further 18%.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +282.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for metal link chain exported from the Czech Republic were Germany ($X), Austria ($X) and Romania ($X), together accounting for 65% of total exports. Poland, Spain, France and Russia lagged somewhat behind, together comprising a further 23%.

In terms of the main countries of destination, France, with a CAGR of +281.3%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average metal link chain export price amounted to $X per ton, rising by 6.4% against the previous year. Overall, the export price recorded a prominent expansion. The pace of growth appeared the most rapid in 2017 an increase of 147%. The export price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was France ($X per ton), while the average price for exports to Germany ($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 Germany (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Link Chain Imports

Imports into the Czech Republic

In 2021, purchases abroad of iron or steel articulated link chain was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 48% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, metal link chain imports surged to $X in 2021. Overall, total imports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when imports increased by 43% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of metal link chain to the Czech Republic, accounting for a 64% share of total imports. Moreover, metal link chain imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was held by Austria (X tons), with a 2.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +15.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+11.1% per year) and Austria (+0.1% per year).

In value terms, the largest metal link chain suppliers to the Czech Republic were Germany ($X), China ($X) and Denmark ($X), together accounting for 84% of total imports. Slovenia, Austria and Poland lagged somewhat behind, together comprising a further 6%.

Slovenia, with a CAGR of +74.3%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average metal link chain import price amounted to $X per ton, increasing by 4.9% against the previous year. Overall, import price indicated resilient growth from 2012 to 2021: its price increased at an average annual rate of +6.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, metal link chain import price increased by +27.0% against 2017 indices. The pace of growth was the most pronounced in 2014 an increase of 30% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Denmark ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+27.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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