Report Update Feb 1, 2025

Hong Kong SAR, China - Iron or Steel Skid Chain - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Metal Skid Chain Market 2025

Metal Skid Chain Market Size in Hong Kong SAR, China

After four years of decline, the Hong Kong metal skid chain market increased by 6.5% to $X in 2021. In general, consumption, however, saw a abrupt decrease. Metal skid chain consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Metal Skid Chain Production in Hong Kong SAR, China

In value terms, metal skid chain production stood at $X in 2021 estimated in export price. In general, production, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2016 when the production volume increased by 32% against the previous year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Metal Skid Chain Exports

Exports from Hong Kong SAR, China

In 2021, metal skid chain exports from Hong Kong SAR contracted rapidly to X kg, shrinking by -83.8% compared with the previous year's figure. Over the period under review, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2019 with an increase of 815%. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, metal skid chain exports reduced rapidly to $X in 2021. In general, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when exports increased by 1,103%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X kg) was the main destination for metal skid chain exports from Hong Kong SAR, accounting for a 99% share of total exports. It was followed by China (X kg), with a 0.8% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to +13.3%.

In value terms, the United States ($X) emerged as the key foreign market for iron or steel skid chain exports from Hong Kong SAR, comprising 99% of total exports. The second position in the ranking was held by China ($X), with a 0.7% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United States was relatively modest.

Export Prices by Country

The average metal skid chain export price stood at $X per ton in 2021, declining by -33.9% against the previous year. Overall, the export price faced a abrupt decrease. The most prominent rate of growth was recorded in 2018 an increase of 116% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major external 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 China amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+40.1%), while the prices for the other major destinations experienced a decline.

Metal Skid Chain Imports

Imports into Hong Kong SAR, China

In 2021, purchases abroad of iron or steel skid chain increased by 85% to X tons, rising for the second year in a row after two years of decline. In general, imports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by 317% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, metal skid chain imports surged to $X in 2021. Overall, imports, however, showed a slight reduction. The most prominent rate of growth was recorded in 2017 when imports increased by 250% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of metal skid chain to Hong Kong SAR, with a 89% share of total imports. Moreover, metal skid chain imports from China exceeded the figures recorded by the second-largest supplier, Denmark (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled -18.0%.

In value terms, China ($X) constituted the largest supplier of iron or steel skid chain to Hong Kong SAR, comprising 66% of total imports. The second position in the ranking was held by Denmark ($X), with a 17% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China amounted to -3.7%.

Import Prices by Country

The average metal skid chain import price stood at $X per ton in 2021, with a decrease of -10.8% against the previous year. Over the period under review, the import price, however, recorded a buoyant increase. The growth pace was the most rapid in 2019 when the average import price increased by 327%. Over the period under review, average import prices attained the peak figure at $X per ton in 2020, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($X per ton), while the price for China totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+107.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron or steel skid chain in the world?

The countries with the highest volumes of metal skid chain consumption in 2021 were China, Russia and the United States, together accounting for 54% of global consumption.

What are the largest producers of iron or steel skid chain in the world?

The country with the largest volume of metal skid chain production was China, accounting for 46% of total volume. Moreover, metal skid chain production in China exceeded the figures recorded by the second-largest producer, Russia, fourfold. India ranked third in terms of total production with a 6.1% share.

What are the leading suppliers of iron or steel skid chain to Hong Kong SAR, China?

In value terms, China constituted the largest supplier of metal skid chain to Hong Kong SAR, comprising 63% of total imports. The second position in the ranking was occupied by Singapore, with a 16% share of total imports. It was followed by Denmark, with a 14% share.

What are the leading importers of iron or steel skid chain from Hong Kong SAR, China?

In value terms, France, Bulgaria and the Netherlands appeared to be the largest markets for metal skid chain exported from Hong Kong SAR worldwide, with a combined 81% share of total exports.

What is the average export price for iron or steel skid chain in Hong Kong SAR, China?

The average metal skid chain export price stood at $10,220 per ton in 2021, reducing by -32.4% against the previous year.

What is the average import price for iron or steel skid chain in Hong Kong SAR, China?

The average metal skid chain import price stood at $12,022 per ton in 2021, picking up by 21% against the previous year.

This report provides an in-depth analysis of the metal skid chain market in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 25931730 - Iron or steel skid chain excluding chains fitted with cutting, or other articles in which chains play a subsidiary role, door guards finished with chains - surveying chains

Country coverage:

Hong Kong SAR

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hong Kong SAR, China
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024