Sweden: Metal Chain Market 2025

Metal Chain Market Size in Sweden

The Swedish metal chain market fell rapidly to $X in 2022, declining by -25.4% against the previous year. Over the period under review, consumption saw a noticeable downturn. Metal chain consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Metal Chain Production in Sweden

In value terms, metal chain production dropped dramatically to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2016 when the production volume increased by 151%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Metal Chain Exports

Exports from Sweden

In 2022, metal chain exports from Sweden soared to X tons, jumping by 44% compared with 2021. Over the period under review, exports, however, recorded a perceptible decrease. The pace of growth appeared the most rapid in 2019 with an increase of 602%. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, metal chain exports skyrocketed to $X in 2022. In general, exports, however, continue to indicate a pronounced downturn. The pace of growth was the most pronounced in 2019 when exports increased by 403% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X tons), Belgium (X tons) and Lithuania (X tons) were the main destinations of metal chain exports from Sweden, together accounting for 76% of total exports. Norway, Denmark, Egypt, the Netherlands, Spain and Azerbaijan lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2022, the biggest increases were recorded for Egypt (with a CAGR of +125,666.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Belgium ($X) and Lithuania ($X) constituted the largest markets for metal chain exported from Sweden worldwide, with a combined 62% share of total exports. Norway, Denmark, the Netherlands, Egypt, Spain and Azerbaijan lagged somewhat behind, together accounting for a further 23%.

Egypt, with a CAGR of +124,995.8%, 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 2022, the average metal chain export price amounted to $X per ton, with a decrease of -5.9% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 89% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Chain Imports

Imports into Sweden

In 2022, supplies from abroad of iron or steel chain increased by 27% to X tons, rising for the third year in a row after three years of decline. In general, total imports indicated a tangible expansion from 2012 to 2022: its volume increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +99.8% against 2019 indices. The pace of growth appeared the most rapid in 2016 when imports increased by 45% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, metal chain imports soared to $X in 2022. Over the period under review, total imports indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +104.3% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of metal chain to Sweden, with a 53% share of total imports. Moreover, metal chain imports from China exceeded the figures recorded by the second-largest supplier, Norway (X tons), threefold. The third position in this ranking was taken by Turkey (X tons), with a 7.7% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +9.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (+3.1% per year) and Turkey (+48.3% per year).

In value terms, China ($X) constituted the largest supplier of iron or steel chain to Sweden, comprising 41% of total imports. The second position in the ranking was held by Norway ($X), with an 18% share of total imports. It was followed by Germany, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (+10.3% per year) and Germany (+2.1% per year).

Import Prices by Country

The average metal chain import price stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the import price, however, saw a mild descent. The pace of growth was the most pronounced in 2018 when the average import price increased by 18%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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