Sweden: Market for Welded Link Chain Of Iron Or Steel 2025

Market Size for Welded Link Chain Of Iron Or Steel in Sweden

For the fifth year in a row, the Swedish metal welded link chain market recorded growth in sales value, which increased by 12% to $X in 2021. Overall, consumption, however, continues to indicate a strong increase. Metal welded link chain consumption peaked in 2021 and is expected to retain growth in the immediate term.

Production of Welded Link Chain Of Iron Or Steel in Sweden

In value terms, metal welded link chain production dropped to $X in 2021 estimated in export price. In general, production saw a noticeable contraction. The growth pace was the most rapid in 2019 with an increase of 41%. Metal welded link chain production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Welded Link Chain Of Iron Or Steel

Exports from Sweden

In 2021, after two years of growth, there was decline in shipments abroad of welded link chain of iron or steel, when their volume decreased by -1.8% to X tons. Overall, exports showed a pronounced descent. The growth pace was the most rapid in 2019 with an increase of 11%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, metal welded link chain exports soared to $X in 2021. Over the period under review, exports recorded a perceptible setback. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Norway (X tons), the United States (X tons) and Spain (X tons) were the main destinations of metal welded link chain exports from Sweden, with a combined 44% share of total exports. These countries were followed by Denmark, Australia, the Netherlands, Belgium, France, Lithuania, Japan, Germany, the UK and Poland, which together accounted for a further 43%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +25.0%), while the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), the United States ($X) and Spain ($X) appeared to be the largest markets for metal welded link chain exported from Sweden worldwide, together comprising 44% of total exports. These countries were followed by Denmark, Australia, France, the Netherlands, Japan, Belgium, Poland, Lithuania, Germany and the UK, which together accounted for a further 41%.

France, with a CAGR of +31.6%, recorded the highest growth rate of 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 welded link chain export price amounted to $X per ton, jumping by 19% against the previous year. Overall, the export price saw a relatively flat trend pattern. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Lithuania ($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 France (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Welded Link Chain Of Iron Or Steel

Imports into Sweden

Metal welded link chain imports into Sweden expanded notably to X tons in 2021, surging by 13% compared with 2020 figures. The total import volume increased at an average annual rate of +1.1% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when imports increased by 29%. Over the period under review, imports reached the maximum in 2021 and are likely to see gradual growth in the near future.

In value terms, metal welded link chain imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +3.0% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Poland (X tons), China (X tons) and Finland (X tons) were the main suppliers of metal welded link chain imports to Sweden, together accounting for 79% of total imports. These countries were followed by Germany, Austria, Taiwan (Chinese), Norway and Italy, which together accounted for a further 17%.

From 2012 to 2021, the biggest increases were recorded for Austria (with a CAGR of +10.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest metal welded link chain suppliers to Sweden were Poland ($X), China ($X) and Finland ($X), with a combined 67% share of total imports. These countries were followed by Germany, Austria, Taiwan (Chinese), Italy and Norway, which together accounted for a further 27%.

Austria, with a CAGR of +13.2%, saw 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 welded link chain import price amounted to $X per ton, surging by 15% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.9%. The growth pace was the most rapid in 2017 when the average import price increased by 17%. The import price peaked in 2021 and is likely to continue growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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