Germany: Metal Link Chain Market 2024

Metal Link Chain Market Size in Germany

After two years of decline, the German metal link chain market increased by 33% to $X in 2021. In general, consumption, however, recorded a perceptible slump. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Metal Link Chain Production in Germany

In value terms, metal link chain production expanded rapidly to $X in 2021 estimated in export price. Overall, production, however, showed a mild shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 15% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Metal Link Chain Exports

Exports from Germany

In 2021, after two years of decline, there was significant growth in shipments abroad of iron or steel articulated link chain, when their volume increased by 15% to X tons. The total export volume increased at an average annual rate of +3.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 when exports increased by 21%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, metal link chain exports rose modestly to $X in 2021. The total export value increased at an average annual rate of +4.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when exports increased by 23%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for metal link chain exports from Germany, accounting for a 26% share of total exports. Moreover, metal link chain exports to the United States exceeded the volume sent to the second major destination, Italy (X tons), twofold. The third position in this ranking was held by Sweden (X tons), with a 5.5% share.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled +5.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+12.3% per year) and Sweden (+3.3% per year).

In value terms, Japan ($X), the United States ($X) and South Korea ($X) constituted the largest markets for metal link chain exported from Germany worldwide, with a combined 44% share of total exports.

South Korea, with a CAGR of +42.2%, saw the highest rates of growth with regard to the value of exports, in terms of 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 export price amounted to $X per ton, which is down by -10.1% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 22% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Japan ($X per ton), while the average price for exports to Italy ($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 South Korea (+20.2%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Link Chain Imports

Imports into Germany

After two years of decline, overseas purchases of iron or steel articulated link chain increased by 26% to X tons in 2021. The total import volume increased at an average annual rate of +1.3% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal link chain imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +1.0% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

China (X tons), Poland (X tons) and South Africa (X tons) were the main suppliers of metal link chain imports to Germany, with a combined 66% share of total imports. These countries were followed by Austria, the Netherlands, Italy, the United States, Finland and France, which together accounted for a further 28%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +29.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest metal link chain suppliers to Germany were China ($X), Italy ($X) and Poland ($X), together comprising 55% of total imports.

Among the main suppliers, Italy, with a CAGR of +16.6%, saw 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 2021, the average metal link chain import price amounted to $X per ton, with an increase of 7.7% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 27% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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