United Kingdom: Metal Skid Chain Market 2025

Metal Skid Chain Market Size in the UK

The UK metal skid chain market declined to $X in 2021, reducing by -2.1% against the previous year. Overall, consumption, however, saw a pronounced downturn. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Metal Skid Chain Production in the UK

In value terms, metal skid chain production contracted to $X in 2021 estimated in export price. In general, production saw a pronounced reduction. The most prominent rate of growth was recorded in 2017 with an increase of 368%. Metal skid chain production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Metal Skid Chain Exports

Exports from the UK

In 2021, approx. X tons of iron or steel skid chain were exported from the UK; which is down by -6.6% against the previous year. Over the period under review, exports recorded a abrupt descent. The growth pace was the most rapid in 2016 when exports increased by 85% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, metal skid chain exports shrank rapidly to $X in 2021. Overall, exports recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2015 with an increase of 179% against the previous year. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

Chile (X tons) was the main destination for metal skid chain exports from the UK, accounting for a 63% share of total exports. Moreover, metal skid chain exports to Chile exceeded the volume sent to the second major destination, India (X tons), fivefold. The third position in this ranking was taken by Ireland (X tons), with a 9.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Chile totaled +122.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+7.2% per year) and Ireland (+12.7% per year).

In value terms, Chile ($X), India ($X) and Ireland ($X) appeared to be the largest markets for metal skid chain exported from the UK worldwide, with a combined 67% share of total exports.

Among the main countries of destination, Chile, with a CAGR of +67.1%, 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 2021, the average metal skid chain export price amounted to $X per ton, dropping by -27.1% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 69% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Chile ($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 India (+38.0%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Skid Chain Imports

Imports into the UK

After two years of decline, overseas purchases of iron or steel skid chain increased by 61% to X tons in 2021. In general, imports, however, continue to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2016 when imports increased by 1,708%. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, metal skid chain imports soared to $X in 2021. Overall, imports, however, saw a pronounced shrinkage. The pace of growth was the most pronounced in 2016 with an increase of 889% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Finland (X tons), China (X tons) and Germany (X tons) were the main suppliers of metal skid chain imports to the UK, with a combined 84% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Finland (with a CAGR of +39.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest metal skid chain suppliers to the UK were Finland ($X), China ($X) and Germany ($X), with a combined 62% share of total imports. Italy and France lagged somewhat behind, together comprising a further 22%.

France, with a CAGR of +31.8%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average metal skid chain import price stood at $X per ton in 2021, declining by -20.7% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 93% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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 France ($X per ton), while the price for Finland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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