Report Update Nov 1, 2024

Pakistan - Iron or Steel Skid Chain - Market Analysis, Forecast, Size, Trends and Insights

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Pakistan: Metal Skid Chain Market 2024

Metal Skid Chain Market Size in Pakistan

For the fourth year in a row, the Pakistani metal skid chain market recorded decline in sales value, which decreased by -65.1% to $X in 2021. Over the period under review, consumption continues to indicate a abrupt curtailment. Metal skid chain consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Metal Skid Chain Exports

Exports from Pakistan

In 2021, the amount of iron or steel skid chain exported from Pakistan totaled X kg, approximately mirroring the year before. Over the period under review, exports continue to indicate a abrupt shrinkage. The smallest decline of 99.9% was in 2020. Over the period under review, the exports hit record highs at X kg in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, metal skid chain exports stood at $X in 2021. Overall, exports saw a resilient expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Oman (X kg) was the main destination for metal skid chain exports from Pakistan, with a 89% share of total exports. Moreover, metal skid chain exports to Oman exceeded the volume sent to the second major destination, Thailand (X kg), eightfold.

From 2012 to 2021, the average annual growth rate of volume to Oman was relatively modest.

From 2012 to 2021, the average annual rate of growth in terms of value to Oman was relatively modest.

Export Prices by Country

In 2021, the average metal skid chain export price amounted to $X per ton, flattening at the previous year. Overall, the export price showed prominent growth. The pace of growth was the most pronounced in 2020 a decrease of 99.9%. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to Oman stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+8.5%).

Metal Skid Chain Imports

Imports into Pakistan

For the fourth year in a row, Pakistan recorded decline in overseas purchases of iron or steel skid chain, which decreased by -75.8% to X tons in 2021. Over the period under review, imports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2015 when imports increased by 1,507%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, metal skid chain imports dropped markedly to $X in 2021. Overall, imports recorded a pronounced reduction. The most prominent rate of growth was recorded in 2015 when imports increased by 1,609%. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Thailand (X tons) constituted the largest supplier of metal skid chain to Pakistan, accounting for a 46% share of total imports. Moreover, metal skid chain imports from Thailand exceeded the figures recorded by the second-largest supplier, China (X kg), fivefold. The third position in this ranking was taken by the United States (X kg), with a 7.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Thailand totaled +51.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-18.0% per year) and the United States (+6.3% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of iron or steel skid chain to Pakistan, comprising 47% of total imports. The second position in the ranking was taken by Thailand ($X), with a 16% share of total imports. It was followed by China, with a 1.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates amounted to +17.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+52.2% per year) and China (-23.3% per year).

Import Prices by Country

The average metal skid chain import price stood at $X per ton in 2021, surging by 101% against the previous year. In general, the import price showed noticeable growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for the United States ($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 United Arab Emirates (+30.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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 comprising 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, comprising approx. 46% of total volume. Moreover, metal skid chain production in China exceeded the figures recorded by the second-largest producer, Russia, fourfold. The third position in this ranking was occupied by India, with a 6.1% share.

What are the leading suppliers of iron or steel skid chain to Pakistan?

In value terms, China constituted the largest supplier of metal skid chain to Pakistan, comprising 45% of total imports. The second position in the ranking was occupied by Germany, with a 22% share of total imports. It was followed by Thailand, with a 19% share.

What is the average export price for iron or steel skid chain in Pakistan?

In 2019, the average metal skid chain export price amounted to $8,500 per ton, remaining constant against the previous year.

What is the average import price for iron or steel skid chain in Pakistan?

In 2021, the average metal skid chain import price amounted to $3,835 per ton, reducing by -4.7% against the previous year.

This report provides an in-depth analysis of the metal skid chain market in Pakistan. 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:

Pakistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Pakistan
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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023