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

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

In 2021, the German metal link chain parts market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. Over the period under review, consumption, however, continues to indicate a abrupt decline. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

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

In value terms, metal link chain parts production expanded markedly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a deep setback. The growth pace was the most rapid in 2014 with an increase of 31%. Metal link chain parts production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Iron Or Steel Parts Of Articulated Link Chain

Exports from Germany

In 2021, approx. X tons of iron or steel parts of articulated link chain were exported from Germany; picking up by 13% against the previous year's figure. Over the period under review, exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of 39%. Over the period under review, the exports attained the maximum in 2021 and are likely to see steady growth in years to come.

In value terms, metal link chain parts exports skyrocketed to $X in 2021. Overall, exports showed a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Romania (X tons), France (X tons) and China (X tons) were the main destinations of metal link chain parts exports from Germany, with a combined 52% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +80.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Romania ($X), France ($X) and the United States ($X) were the largest markets for metal link chain parts exported from Germany worldwide, with a combined 48% share of total exports.

Romania, with a CAGR of +69.4%, recorded 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 parts export price amounted to $X per ton, surging by 23% against the previous year. Overall, the export price, however, recorded a deep downturn. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the Netherlands ($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 the United States (-4.3%), while the prices for the other major destinations experienced a decline.

Imports of Iron Or Steel Parts Of Articulated Link Chain

Imports into Germany

In 2021, supplies from abroad of iron or steel parts of articulated link chain was finally on the rise to reach X tons after two years of decline. The total import volume increased at an average annual rate of +3.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, metal link chain parts imports skyrocketed to $X in 2021. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 28%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X tons), Poland (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of metal link chain parts imports to Germany, together comprising 76% of total imports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +13.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest metal link chain parts suppliers to Germany were China ($X), Poland ($X) and Japan ($X), with a combined 51% share of total imports. These countries were followed by Taiwan (Chinese), Italy, the Netherlands, India and France, which together accounted for a further 29%.

Taiwan (Chinese), with a CAGR of +12.9%, recorded the highest growth rate of the value of imports, among the main suppliers 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 parts import price amounted to $X per ton, approximately mirroring the previous year. In general, the import price showed a pronounced descent. The pace of growth appeared the most rapid in 2017 an increase of 11%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 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 Italy ($X per ton), while the price for India ($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 (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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