France: Market for Iron Or Steel Parts Of Articulated Link Chain 2024

Market Size for Iron Or Steel Parts Of Articulated Link Chain in France

The French metal link chain parts market shrank to $X in 2021, reducing by -9.3% against the previous year. Overall, consumption saw a deep contraction. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Production of Iron Or Steel Parts Of Articulated Link Chain in France

In value terms, metal link chain parts production contracted to $X in 2021 estimated in export price. In general, production saw a drastic downturn. The most prominent rate of growth was recorded in 2013 with an increase of 37% against the previous year. Metal link chain parts production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Exports of Iron Or Steel Parts Of Articulated Link Chain

Exports from France

In 2021, overseas shipments of iron or steel parts of articulated link chain decreased by -38.2% to X tons, falling for the third year in a row after four years of growth. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when exports increased by 37%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, metal link chain parts exports contracted significantly to $X in 2021. Overall, exports, however, enjoyed slight growth. The growth pace was the most rapid in 2019 when exports increased by 43% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

China (X tons), India (X tons) and Morocco (X tons) were the main destinations of metal link chain parts exports from France, together comprising 53% of total exports. These countries were followed by Germany, Senegal, Russia, Spain, the United States, Italy, the UK, Tunisia, the Netherlands and Denmark, which together accounted for a further 37%.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +78.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for metal link chain parts exported from France were China ($X), India ($X) and Tunisia ($X), with a combined 63% share of total exports. Italy, Germany, Morocco, Senegal, the UK, the United States, the Netherlands, Russia, Spain and Denmark lagged somewhat behind, together comprising a further 28%.

Russia, with a CAGR of +68.2%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination 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 parts export price amounted to $X per ton, increasing by 22% against the previous year. Over the period under review, export price indicated a modest expansion from 2012 to 2021: its price increased at an average annual rate of +1.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, metal link chain parts export price decreased by -3.4% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 45% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tunisia ($X per ton), while the average price for exports to Morocco ($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 Tunisia (+26.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron Or Steel Parts Of Articulated Link Chain

Imports into France

In 2021, approx. X tons of iron or steel parts of articulated link chain were imported into France; increasing by 30% on 2020. In general, total imports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +5.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -24.7% against 2017 indices. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, metal link chain parts imports surged to $X in 2021. Overall, total imports indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -30.0% against 2017 indices. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X tons) constituted the largest metal link chain parts supplier to France, with a 60% share of total imports. Moreover, metal link chain parts imports from Germany exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), sixfold. China (X tons) ranked third in terms of total imports with an 8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +13.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+16.1% per year) and China (+5.9% per year).

In value terms, Germany ($X) constituted the largest supplier of iron or steel parts of articulated link chain to France, comprising 58% of total imports. The second position in the ranking was held by Italy ($X), with a 13% share of total imports. It was followed by Taiwan (Chinese), with a 5.9% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +11.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-3.5% per year) and Taiwan (Chinese) (+19.6% per year).

Import Prices by Country

In 2021, the average metal link chain parts import price amounted to $X per ton, with an increase of 2.2% against the previous year. Overall, the import price, however, continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2020 when the average import price increased by 13%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Turkey ($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 (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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