Eastern Europe: Metal Chain Market 2025

Metal Chain Market Size in Eastern Europe

The East European metal chain market rose sharply to $X in 2022, surging by 5.5% against the previous year. In general, consumption showed a relatively flat trend pattern. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in the near future.

Metal Chain Production in Eastern Europe

In value terms, metal chain production reached $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 17%. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Metal Chain Exports

Exports in Eastern Europe

In 2022, approx. X tons of iron or steel chain were exported in Eastern Europe; falling by -13.8% compared with 2021 figures. Over the period under review, exports saw a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by 15%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, metal chain exports declined significantly to $X in 2022. Overall, exports showed a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The shipments of the three major exporters of iron or steel chain, namely Russia, the Czech Republic and Poland, represented more than two-thirds of total export. Lithuania (X tons), Ukraine (X tons), Slovakia (X tons) and Bulgaria (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of +16.2%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest metal chain supplying countries in Eastern Europe were the Czech Republic ($X), Poland ($X) and Russia ($X), together comprising 84% of total exports. Lithuania, Bulgaria, Ukraine and Slovakia lagged somewhat behind, together accounting for a further 11%.

Among the main exporting countries, Bulgaria, with a CAGR of +34.5%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, shrinking by -6.8% against the previous year. Export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal chain export price increased by +61.7% against 2016 indices. The pace of growth appeared the most rapid in 2020 an increase of 26%. The level of export peaked at $X per ton in 2021, and then reduced in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+15.7%), while the other leaders experienced more modest paces of growth.

Metal Chain Imports

Imports in Eastern Europe

In 2022, the amount of iron or steel chain imported in Eastern Europe rose modestly to X tons, surging by 3.8% compared with 2021. In general, imports, however, saw a perceptible downturn. The growth pace was the most rapid in 2016 when imports increased by 27%. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, metal chain imports reached $X in 2022. Overall, imports, however, continue to indicate a mild slump. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Poland was the largest importer of iron or steel chain in Eastern Europe, with the volume of imports reaching X tons, which was near 40% of total imports in 2022. Slovakia (X tons) held the second position in the ranking, followed by Russia (X tons), the Czech Republic (X tons), Romania (X tons) and Bulgaria (X tons). All these countries together took approx. 45% share of total imports. Ukraine (X tons) followed a long way behind the leaders.

Imports into Poland decreased at an average annual rate of -1.4% from 2012 to 2022. At the same time, Slovakia (+30.5%) and Bulgaria (+4.0%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +30.5% from 2012-2022. The Czech Republic experienced a relatively flat trend pattern. By contrast, Romania (-5.6%), Ukraine (-6.6%) and Russia (-8.6%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Slovakia, Poland, Bulgaria and the Czech Republic increased by +10, +2.9, +2.5 and +2.2 percentage points, respectively.

In value terms, Poland ($X) constitutes the largest market for imported iron or steel chain in Eastern Europe, comprising 35% of total imports. The second position in the ranking was taken by Russia ($X), with a 16% share of total imports. It was followed by Slovakia, with an 11% share.

In Poland, metal chain imports declined by an average annual rate of -1.5% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Russia (-6.7% per year) and Slovakia (+15.0% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, increasing by 2.1% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by 18% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+6.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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