Overview of the Global Market for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

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

The global chain scoops and sliders market dropped slightly to $X in 2022, which is down by -3.2% against the previous year. Overall, the total consumption indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +4.0% against 2020 indices. Global consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, chain scoops and sliders production shrank to $X in 2022 estimated in export price. Overall, the total production indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +2.7% against 2020 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by 21% against the previous year. Over the period under review, global production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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

Exports

In 2022, shipments abroad of chain scoops, sliders, runners, end pieces and narrow strips increased by 2.7% to X tons, rising for the second consecutive year after two years of decline. The total export volume increased at an average annual rate of +3.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 28%. The global exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, chain scoops and sliders exports totaled $X in 2022. The total export value increased at an average annual rate of +3.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 39% against the previous year. The global exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

China represented the largest exporting country with an export of around X tons, which resulted at 59% of total exports. Indonesia (X tons) held a 14% share (based on physical terms) of total exports, which put it in second place, followed by Japan (8.2%) and Taiwan (Chinese) (5.3%). Italy (X tons) followed a long way behind the leaders.

China was also the fastest-growing in terms of the chain scoops, sliders, runners, end pieces and narrow strips exports, with a CAGR of +6.4% from 2012 to 2022. At the same time, Indonesia (+5.9%), Japan (+2.6%) and Italy (+1.6%) displayed positive paces of growth. By contrast, Taiwan (Chinese) (-3.2%) illustrated a downward trend over the same period. While the share of China (+13 p.p.) and Indonesia (+2.4 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Taiwan (Chinese) (-5.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest chain scoops and sliders supplier worldwide, comprising 40% of global exports. The second position in the ranking was held by Japan ($X), with a 15% share of global exports. It was followed by Indonesia, with a 9.8% share.

In China, chain scoops and sliders exports expanded at an average annual rate of +9.3% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Japan (-2.9% per year) and Indonesia (+6.7% per year).

Export Prices by Country

The average chain scoops and sliders export price stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 9% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.7%), while the other global leaders experienced more modest paces of growth.

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

Imports

In 2022, approx. X tons of chain scoops, sliders, runners, end pieces and narrow strips were imported worldwide; standing approx. at the previous year's figure. The total import volume increased at an average annual rate of +3.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. Over the period under review, global imports attained the peak figure at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, chain scoops and sliders imports dropped modestly to $X in 2022. The total import value increased at an average annual rate of +3.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. As a result, imports attained the peak of $X, and then dropped slightly in the following year.

Imports by Country

In 2022, Turkey (X tons), distantly followed by Bangladesh (X tons), Vietnam (X tons), India (X tons), Mexico (X tons) and Indonesia (X tons) represented the main importers of chain scoops, sliders, runners, end pieces and narrow strips, together constituting 50% of total imports. The following importers - China (X tons), Russia (X tons), Brazil (X tons), the United States (X tons), Poland (X tons), South Korea (X tons) and Hong Kong SAR (X tons) - together made up 19% of total imports.

From 2012 to 2022, the biggest increases were recorded for Bangladesh (with a CAGR of +13.5%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, Bangladesh ($X), Vietnam ($X) and China ($X) were the countries with the highest levels of imports in 2022, with a combined 26% share of global imports. Turkey, Indonesia, Mexico, Hong Kong SAR, India, the United States, South Korea, Brazil, Poland and Russia lagged somewhat behind, together accounting for a further 35%.

Indonesia, with a CAGR of +12.3%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average chain scoops and sliders import price stood at $X per ton in 2022, declining by -4% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 14% against the previous year. Global import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Hong Kong SAR ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+4.7%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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