United Kingdom: Market for Iron Or Steel Anchors, Grapnels 2024

Market Size for Iron Or Steel Anchors, Grapnels in the UK

The UK metal anchors and grapnels market soared to $X in 2022, growing by 25% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Iron Or Steel Anchors, Grapnels in the UK

In value terms, metal anchors and grapnels production dropped to $X in 2022 estimated in export price. Overall, production, however, faced a deep setback. The most prominent rate of growth was recorded in 2013 when the production volume increased by 44%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Exports of Iron Or Steel Anchors, Grapnels

Exports from the UK

In 2022, shipments abroad of iron or steel anchors, grapnels decreased by -6.9% to X units, falling for the fourth year in a row after two years of growth. Over the period under review, exports continue to indicate a slight setback. The most prominent rate of growth was recorded in 2018 with an increase of 58% against the previous year. As a result, the exports reached the peak of X units. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, metal anchors and grapnels exports expanded to $X in 2022. Overall, exports recorded a noticeable setback. The pace of growth appeared the most rapid in 2018 when exports increased by 110%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Ireland (X units), Norway (X units) and France (X units) were the main destinations of metal anchors and grapnels exports from the UK, together accounting for 46% of total exports. Belgium, the United Arab Emirates, Germany, the Netherlands, Spain, the Czech Republic, Australia, Italy, Denmark and Singapore lagged somewhat behind, together comprising a further 39%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of +150.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for metal anchors and grapnels exported from the UK were France ($X), Ireland ($X) and Germany ($X), together comprising 36% of total exports. The Netherlands, Norway, Italy, Spain, Belgium, Australia, the Czech Republic, the United Arab Emirates, Denmark and Singapore lagged somewhat behind, together comprising a further 35%.

In terms of the main countries of destination, the Czech Republic, with a CAGR of +77.3%, 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

The average metal anchors and grapnels export price stood at $X per unit in 2022, increasing by 12% against the previous year. Over the period under review, the export price, however, showed a slight curtailment. The most prominent rate of growth was recorded in 2018 an increase of 33%. Over the period under review, the average export prices reached the maximum at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron Or Steel Anchors, Grapnels

Imports into the UK

In 2022, metal anchors and grapnels imports into the UK surged to X units, jumping by 32% on the previous year's figure. Over the period under review, imports showed temperate growth. The most prominent rate of growth was recorded in 2019 with an increase of 67%. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, metal anchors and grapnels imports soared to $X in 2022. Overall, imports recorded a strong expansion. The growth pace was the most rapid in 2019 with an increase of 79%. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

China (X units), Brazil (X units) and the Netherlands (X units) were the main suppliers of metal anchors and grapnels imports to the UK, together comprising 84% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +38.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of iron or steel anchors, grapnels to the UK, comprising 45% of total imports. The second position in the ranking was taken by the United States ($X), with an 18% share of total imports. It was followed by the Netherlands, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+23.9% per year) and the Netherlands (+30.9% per year).

Import Prices by Country

The average metal anchors and grapnels import price stood at $X per unit in 2022, which is down by -12.6% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 52% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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