Europe: Metal Chain Market 2025

Metal Chain Market Size in Europe

The Europe metal chain market stood at $X in 2022, with an increase of 9.9% against the previous year. The market value increased at an average annual rate of +1.3% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Metal Chain Production in Europe

In value terms, metal chain production expanded rapidly to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 12%. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Metal Chain Exports

Exports in Europe

In 2022, approx. X tons of iron or steel chain were exported in Europe; falling by -2.7% on 2021 figures. Over the period under review, exports showed a noticeable decrease. The most prominent rate of growth was recorded in 2015 with an increase of 12%. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, metal chain exports expanded to $X in 2022. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 28%. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Italy (X tons), Germany (X tons) and Norway (X tons) represented the key exporter of iron or steel chain in Europe, comprising 47% of total export. Belgium (X tons) held a 7.5% share (based on physical terms) of total exports, which put it in second place, followed by Greece (6.6%), Sweden (6%) and Serbia (5.9%). France (X tons), Russia (X tons), the UK (X tons), Spain (X tons), the Czech Republic (X tons) and the Netherlands (X tons) held a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main 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 Norway ($X) were the countries with the highest levels of exports in 2022, with a combined 54% share of total exports. France, Belgium, the UK, Sweden, the Netherlands, Serbia, the Czech Republic, Spain, Russia and Greece lagged somewhat behind, together comprising a further 33%.

Greece, with a CAGR of +19.2%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Europe stood at $X per ton in 2022, rising by 5.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The pace of growth appeared the most rapid in 2021 an increase of 15%. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, 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 France (+9.3%), while the other leaders experienced more modest paces of growth.

Metal Chain Imports

Imports in Europe

In 2022, the amount of iron or steel chain imported in Europe amounted to X tons, remaining stable against the previous year. The total import volume increased at an average annual rate of +2.0% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 12% against the previous year. The volume of import peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, metal chain imports expanded significantly to $X in 2022. The total import value increased at an average annual rate of +2.5% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 27%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

Imports by Country

The purchases of the twelve major importers of iron or steel chain, namely the UK, Norway, Spain, Germany, Poland, Austria, France, Greece, Italy, Belgium, Sweden and the Netherlands, represented more than two-thirds 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 Austria (with a CAGR of +12.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Germany ($X) and France ($X) constituted the countries with the highest levels of imports in 2022, together accounting for 33% of total imports. Norway, Austria, Italy, Spain, Poland, the Netherlands, Belgium, Sweden and Greece lagged somewhat behind, together accounting for a further 47%.

Greece, with a CAGR of +13.0%, saw the highest rates of growth with regard to the value of imports, among the main importing countries 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 Europe amounted to $X per ton, surging by 7.3% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 16% against the previous year. Over the period under review, import prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, 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