EU: Metal Stud-Link Chain Market 2024

Metal Stud-Link Chain Market Size in the EU

In 2021, the EU metal stud-link chain market decreased by -10.6% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption saw a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Metal Stud-Link Chain Production in the EU

In value terms, metal stud-link chain production reached $X in 2021 estimated in export price. Over the period under review, production, however, recorded a perceptible slump. The most prominent rate of growth was recorded in 2017 with an increase of 12% against the previous year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Metal Stud-Link Chain Exports

Exports in the EU

In 2021, overseas shipments of iron/steel stud-link chain increased by 31% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in 2018 when exports increased by 132% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, metal stud-link chain exports skyrocketed to $X in 2021. Over the period under review, exports, however, showed a abrupt setback. The growth pace was the most rapid in 2018 when exports increased by 89%. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands represented the key exporter of iron/steel stud-link chain in the European Union, with the volume of exports accounting for X tons, which was approx. 46% of total exports in 2021. Sweden (X tons) held a 12% share (based on physical terms) of total exports, which put it in second place, followed by Italy (12%), Germany (10%) and Spain (4.7%). The following exporters - France (X tons), Belgium (X tons) and the Czech Republic (X tons) - together made up 8.6% of total exports.

The Netherlands was also the fastest-growing in terms of the iron/steel stud-link chain exports, with a CAGR of +3.6% from 2012 to 2021. At the same time, Italy (+1.9%) displayed positive paces of growth. By contrast, France (-1.2%), Sweden (-4.9%), Germany (-4.9%), Belgium (-9.6%), the Czech Republic (-9.8%) and Spain (-28.6%) illustrated a downward trend over the same period. While the share of the Netherlands (+29 p.p.), Italy (+6.8 p.p.), Sweden (+2.6 p.p.), Germany (+2.2 p.p.) and France (+1.9 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Spain (-43.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest metal stud-link chain supplying countries in the European Union were the Netherlands ($X), Italy ($X) and Germany ($X), with a combined 68% share of total exports.

The Netherlands, with a CAGR of +2.2%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 15% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+5.9%), while the other leaders experienced more modest paces of growth.

Metal Stud-Link Chain Imports

Imports in the EU

In 2021, imports of iron/steel stud-link chain in the European Union plummeted to X tons, with a decrease of -33.6% against 2020. In general, imports saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2014 when imports increased by 27%. The volume of import peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, metal stud-link chain imports contracted to $X in 2021. Over the period under review, imports continue to indicate a pronounced decline. The pace of growth was the most pronounced in 2014 with an increase of 32% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

The Netherlands dominates imports structure, recording X tons, which was near 55% of total imports in 2021. Italy (X tons) held an 8.3% share (based on physical terms) of total imports, which put it in second place, followed by France (7.3%) and Austria (5.7%). Germany (X tons), Belgium (X tons), Spain (X tons) and Croatia (X tons) held a little share of total imports.

From 2012 to 2021, average annual rates of growth with regard to metal stud-link chain imports into the Netherlands stood at +2.3%. At the same time, Italy (+8.8%), Croatia (+7.3%) and Spain (+3.9%) displayed positive paces of growth. Moreover, Italy emerged as the fastest-growing importer imported in the European Union, with a CAGR of +8.8% from 2012-2021. By contrast, Belgium (-2.1%), France (-6.7%), Germany (-11.3%) and Austria (-17.7%) illustrated a downward trend over the same period. While the share of the Netherlands (+24 p.p.), Italy (+5.6 p.p.) and Spain (+2.2 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of France (-2 p.p.), Germany (-4.5 p.p.) and Austria (-16.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) constitutes the largest market for imported iron/steel stud-link chain in the European Union, comprising 46% of total imports. The second position in the ranking was held by France ($X), with an 8.9% share of total imports. It was followed by Italy, with an 8.4% share.

In the Netherlands, metal stud-link chain imports increased at an average annual rate of +6.5% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: France (-8.1% per year) and Italy (+2.7% per year).

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per ton, surging by 32% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Austria ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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