U.S.: Market for Iron Or Steel Parts Of Articulated Link Chain 2025

Market Size for Iron Or Steel Parts Of Articulated Link Chain in the U.S.

The U.S. metal link chain parts market declined slightly to $X in 2021, therefore, remained relatively stable against the previous year. In general, consumption recorded a noticeable decrease. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Iron Or Steel Parts Of Articulated Link Chain in the U.S.

In value terms, metal link chain parts production rose rapidly to $X in 2021. Over the period under review, production showed a pronounced descent. The most prominent rate of growth was recorded in 2019 with an increase of 7.3%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Iron Or Steel Parts Of Articulated Link Chain

Exports from the U.S.

For the fifth year in a row, the United States recorded growth in shipments abroad of iron or steel parts of articulated link chain, which increased by 14% to X tons in 2021. Overall, total exports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +6.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +85.9% against 2016 indices. The most prominent rate of growth was recorded in 2018 with an increase of 22%. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, metal link chain parts exports skyrocketed to $X in 2021. In general, exports enjoyed buoyant growth. The pace of growth was the most pronounced in 2015 when exports increased by 21%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in years to come.

Exports by Country

Mexico (X tons), Canada (X tons) and Colombia (X tons) were the main destinations of metal link chain parts exports from the United States, together accounting for 84% of total exports. These countries were followed by South Africa, Brazil and China, which together accounted for a further 8.3%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Africa (with a CAGR of +35.6%), while the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) remains the key foreign market for iron or steel parts of articulated link chain exports from the United States, comprising 49% of total exports. The second position in the ranking was taken by Canada ($X), with a 20% share of total exports. It was followed by Colombia, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Mexico totaled +22.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+1.2% per year) and Colombia (+30.8% per year).

Export Prices by Country

In 2021, the average metal link chain parts export price amounted to $X per ton, growing by 4.2% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2017 when the average export price increased by 9.4%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2021, amid the top suppliers, the countries with the highest prices were China ($X per ton) and Mexico ($X per ton), while the average price for exports to Canada ($X per ton) and South Africa ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron Or Steel Parts Of Articulated Link Chain

Imports into the U.S.

In 2021, purchases abroad of iron or steel parts of articulated link chain increased by 21% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +5.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -6.7% against 2018 indices. The pace of growth was the most pronounced in 2014 when imports increased by 26%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, metal link chain parts imports soared to $X in 2021. Overall, total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -4.1% against 2018 indices. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest metal link chain parts supplier to the United States, with a 51% share of total imports. Moreover, metal link chain parts imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), twofold. The third position in this ranking was taken by Japan (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +10.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+8.9% per year) and Japan (+1.5% per year).

In value terms, the largest metal link chain parts suppliers to the United States were China ($X), Japan ($X) and Taiwan (Chinese) ($X), with a combined 75% share of total imports. Germany, India, Canada and Thailand lagged somewhat behind, together comprising a further 18%.

Among the main suppliers, Germany, with a CAGR of +10.8%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average metal link chain parts import price stood at $X per ton in 2021, growing by 11% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. As a result, import price reached 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 Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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