United Kingdom: Market for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips 2024

Market Size for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips in the UK

After two years of decline, the UK chain scoops and sliders market increased by 1.7% to $X in 2022. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Production of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips in the UK

In value terms, chain scoops and sliders production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the production volume increased by 18%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Exports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Exports from the UK

In 2022, the amount of chain scoops, sliders, runners, end pieces and narrow strips exported from the UK skyrocketed to X tons, growing by 18% against the previous year. Over the period under review, exports, however, showed a noticeable descent. The pace of growth appeared the most rapid in 2014 when exports increased by 27%. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, chain scoops and sliders exports surged to $X in 2022. In general, exports, however, saw a mild curtailment. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Romania (X tons) was the main destination for chain scoops and sliders exports from the UK, accounting for a 32% share of total exports. Moreover, chain scoops and sliders exports to Romania exceeded the volume sent to the second major destination, Denmark (X tons), fourfold. France (X tons) ranked third in terms of total exports with a 7.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Romania was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+72.8% per year) and France (+101.9% per year).

In value terms, the United States ($X), Romania ($X) and France ($X) appeared to be the largest markets for chain scoops and sliders exported from the UK worldwide, with a combined 46% share of total exports.

Among the main countries of destination, France, with a CAGR of +109.1%, recorded the highest growth rate of the value of exports, 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 chain scoops and sliders export price amounted to $X per ton, surging by 15% against the previous year. Overall, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chain scoops and sliders export price increased by +55.4% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 67%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Poland ($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 Lithuania (+17.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Imports into the UK

In 2022, supplies from abroad of chain scoops, sliders, runners, end pieces and narrow strips increased by 8.7% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a slight downturn. The most prominent rate of growth was recorded in 2018 with an increase of 247%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, chain scoops and sliders imports shrank to $X in 2022. Overall, imports, however, saw a mild curtailment. The pace of growth was the most pronounced in 2018 with an increase of 458% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Indonesia (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of chain scoops and sliders imports to the UK, with a combined 69% share of total imports. Hong Kong SAR, Japan, Turkey, Italy, the United States, Israel and Germany lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Israel (with a CAGR of +73.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Taiwan (Chinese) ($X) and Indonesia ($X) appeared to be the largest chain scoops and sliders suppliers to the UK, together comprising 60% of total imports. Japan, Italy, Turkey, Israel, Hong Kong SAR, the United States and Germany lagged somewhat behind, together comprising a further 34%.

In terms of the main suppliers, Israel, with a CAGR of +72.7%, recorded the highest growth rate of 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

In 2022, the average chain scoops and sliders import price amounted to $X per ton, which is down by -16.5% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 61% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :