Report Update Feb 1, 2025

Saudi Arabia - Iron or Steel Chain - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Metal Chain Market 2025

Metal Chain Market Size in Saudi Arabia

The Saudi metal chain market rose notably to $X in 2022, increasing by 10% against the previous year. Over the period under review, consumption posted a buoyant increase. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Metal Chain Production in Saudi Arabia

In value terms, metal chain production rose sharply to $X in 2022 estimated in export price. Overall, production posted a resilient expansion. The growth pace was the most rapid in 2016 when the production volume increased by 77%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Metal Chain Exports

Exports from Saudi Arabia

In 2022, approx. X tons of iron or steel chain were exported from Saudi Arabia; picking up by 55% on 2021. In general, exports recorded a tangible expansion. The pace of growth was the most pronounced in 2020 with an increase of 483%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, metal chain exports expanded rapidly to $X in 2022. Overall, exports posted a strong increase. The pace of growth was the most pronounced in 2020 when exports increased by 411%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Bahrain (X tons) was the main destination for metal chain exports from Saudi Arabia, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Bahrain amounted to +105.8%.

In value terms, Bahrain ($X) emerged as the key foreign market for iron or steel chain exports from Saudi Arabia.

From 2012 to 2022, the average annual growth rate of value to Bahrain totaled +128.1%.

Export Prices by Country

In 2022, the average metal chain export price amounted to $X per ton, reducing by -28.4% against the previous year. Overall, the export price, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2019 an increase of 160%. The export price peaked at $X per ton in 2021, and then shrank remarkably in the following year.

As there is only one major export destination, the average price level is determined by prices for Bahrain.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +52.4% per year.

Metal Chain Imports

Imports into Saudi Arabia

In 2017, the amount of iron or steel chain imported into Saudi Arabia plummeted to X tons, falling by -45.3% against 2016 figures. Overall, imports saw a precipitous descent. The pace of growth was the most pronounced in 2015 when imports increased by 16% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2017, the growth of imports remained at a lower figure.

In value terms, metal chain imports soared to $X in 2017. In general, imports recorded a abrupt curtailment. Imports peaked at $X in 2012; however, from 2013 to 2017, imports remained at a lower figure.

Imports by Country

In 2017, China (X tons) constituted the largest metal chain supplier to Saudi Arabia, with a 47% share of total imports. Moreover, metal chain imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), fourfold. The third position in this ranking was held by the United Arab Emirates (X tons), with a 13% share.

From 2012 to 2017, the average annual rate of growth in terms of volume from China amounted to -24.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+15.2% per year) and the United Arab Emirates (0.0% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of iron or steel chain to Saudi Arabia, comprising 43% of total imports. The second position in the ranking was held by the United States ($X), with an 18% share of total imports. It was followed by Italy, with a 7.4% share.

From 2012 to 2017, the average annual growth rate of value from the United Arab Emirates was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-3.1% per year) and Italy (-5.0% per year).

Import Prices by Country

In 2017, the average metal chain import price amounted to $X per ton, rising by 116% against the previous year. In general, the import price saw a prominent expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2017, the most notable rate of growth in terms of prices was attained by the United States (-4.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 40% share of global consumption. These countries were followed by Japan, Russia, Indonesia, Italy, France, Canada, South Korea, Turkey, Australia and Germany, which together accounted for a further 34%.

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

The country with the largest volume of metal chain production was China, accounting for 31% of total volume. Moreover, metal chain production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by India, with a 9.4% share.

What are the leading suppliers of iron or steel chain to Saudi Arabia?

In value terms, the United Arab Emirates constituted the largest supplier of metal chain to Saudi Arabia, comprising 35% of total imports. The second position in the ranking was occupied by the United States, with a 15% share of total imports. It was followed by Italy, with a 6% share.

What are the leading importers of iron or steel chain from Saudi Arabia?

In value terms, Turkey and Slovakia were the largest markets for metal chain exported from Saudi Arabia worldwide.

What is the average export price for iron or steel chain in Saudi Arabia?

The average metal chain export price stood at $6,700 per ton in 2021, dropping by -14.5% against the previous year.

What is the average import price for iron or steel chain in Saudi Arabia?

The average metal chain import price stood at $7,893 per ton in 2017, increasing by 107% against the previous year.

This report provides an in-depth analysis of the metal chain market in Saudi Arabia. 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 25931750 - Iron or steel chain excluding articulated link chain, skid chain, s tud-link and welded link chain - chain saws, or other articles in which chains play a subsidiary role, surveying chains

Country coverage:

Saudi Arabia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Saudi Arabia
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