EU: Metal Chain Market 2025

Metal Chain Market Size in the EU

The EU metal chain market rose markedly to $X in 2022, with an increase of 14% against the previous year. In general, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Metal Chain Production in the EU

In value terms, metal chain production expanded notably to $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 18% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Metal Chain Exports

Exports in the EU

In 2022, metal chain exports in the European Union fell modestly to X tons, which is down by -2.9% on 2021. Over the period under review, exports showed a noticeable decrease. The pace of growth appeared the most rapid in 2016 with an increase of 24%. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, metal chain exports amounted to $X in 2022. In general, exports showed a relatively flat trend pattern. 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 attained the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X tons) and Germany (X tons) represented the main exporters of iron or steel chain in 2022, resulting at approx. 28% and 18% of total exports, respectively. It was distantly followed by Belgium (X tons), Greece (X tons), Sweden (X tons) and France (X tons), together committing a 33% share of total exports. Spain (X tons), the Czech Republic (X tons), the Netherlands (X tons), Poland (X tons) and Austria (X tons) held a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Greece (with a CAGR of +24.2%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and France ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined 67% share of total exports. Belgium, Austria, Sweden, the Netherlands, the Czech Republic, Spain, Poland and Greece lagged somewhat behind, together accounting for a further 29%.

In terms of the main exporting countries, Greece, with a CAGR of +19.2%, saw the highest growth rate of 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 2022, the export price in the European Union amounted to $X per ton, surging by 3.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.7%. The most prominent rate of growth was recorded in 2017 when the export price increased by 18% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

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 Austria ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+9.3%), while the other leaders experienced more modest paces of growth.

Metal Chain Imports

Imports in the EU

In 2022, supplies from abroad of iron or steel chain increased by 8.3% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of +1.2% over the period 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 2018 with an increase of 8.9% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, metal chain imports rose significantly to $X in 2022. Total imports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 25%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Spain (X tons), Germany (X tons), Poland (X tons), Austria (X tons), France (X tons), Greece (X tons), Italy (X tons), Belgium (X tons), Sweden (X tons), the Netherlands (X tons), Denmark (X tons) and Slovakia (X tons) was the major importer of iron or steel chain in the European Union, constituting 87% of total import.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Slovakia (with a CAGR of +30.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest metal chain importing markets in the European Union were Germany ($X), France ($X) and Austria ($X), with a combined 39% share of total imports. Italy, Spain, Poland, the Netherlands, Belgium, Sweden, Denmark, Greece and Slovakia lagged somewhat behind, together accounting for a further 49%.

In terms of the main importing countries, Slovakia, with a CAGR of +15.0%, recorded the highest growth rate of 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

In 2022, the import price in the European Union amounted to $X per ton, surging by 6.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2021 when the import price increased by 15%. The level of import peaked in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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