Vietnam: Metal Stud-Link Chain Market 2025

Metal Stud-Link Chain Market Size in Vietnam

The Vietnamese metal stud-link chain market fell significantly to $X in 2021, shrinking by -15.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a deep contraction. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Metal Stud-Link Chain Exports

Exports from Vietnam

For the third consecutive year, Vietnam recorded decline in overseas shipments of iron/steel stud-link chain, which decreased by -17.3% to X kg in 2021. Over the period under review, exports saw a sharp curtailment. The pace of growth appeared the most rapid in 2018 when exports increased by 1,208% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, metal stud-link chain exports rose rapidly to $X in 2021. In general, exports continue to indicate a significant decline. The most prominent rate of growth was recorded in 2018 with an increase of 691% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Lao People's Democratic Republic (X kg), China (X kg) and New Zealand (X kg) were the main destinations of metal stud-link chain exports from Vietnam, with a combined 94% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Lao People's Democratic Republic (with a CAGR of +9.5%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Lao People's Democratic Republic ($X), New Zealand ($X) and China ($X) were the largest markets for metal stud-link chain exported from Vietnam worldwide, with a combined 89% share of total exports.

Among the main countries of destination, Lao People's Democratic Republic, with a CAGR of +9.5%, recorded the highest rates of growth with regard to 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 stud-link chain export price stood at $X per ton in 2021, surging by 36% against the previous year. Overall, the export price enjoyed prominent growth. The most prominent rate of growth was recorded in 2019 an increase of 113% against the previous year. The export price peaked in 2021 and is expected to retain growth in years to come.

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 New Zealand ($X per ton), while the average price for exports to China ($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 China (+7.9%), while the prices for the other major destinations experienced mixed trend patterns.

Metal Stud-Link Chain Imports

Imports into Vietnam

In 2021, the amount of iron/steel stud-link chain imported into Vietnam reduced markedly to X tons, declining by -23% against 2020 figures. Overall, imports showed a pronounced decline. The pace of growth appeared the most rapid in 2016 when imports increased by 88%. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, metal stud-link chain imports expanded markedly to $X in 2021. Over the period under review, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2013 when imports increased by 112%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of metal stud-link chain to Vietnam, with a 88% share of total imports. Moreover, metal stud-link chain imports from China exceeded the figures recorded by the second-largest supplier, Singapore (X tons), more than tenfold. Taiwan (Chinese) (X tons) ranked third in terms of total imports with a 2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+15.2% per year) and Taiwan (Chinese) (-10.8% per year).

In value terms, China ($X) constituted the largest supplier of iron/steel stud-link chain to Vietnam, comprising 81% of total imports. The second position in the ranking was taken by Russia ($X), with a 5.3% share of total imports. It was followed by Singapore, with a 3.8% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-16.0% per year) and Singapore (+10.2% per year).

Import Prices by Country

In 2021, the average metal stud-link chain import price amounted to $X per ton, with an increase of 38% against the previous year. In general, the import price, however, continues to indicate a perceptible slump. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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 Russia ($X per ton), while the price for Singapore ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+68.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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