India - Welded Link Chain Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

India - Welded Link Chain Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights

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Price for Metal Welded Link Chain in India - 2023

Contents:

  1. Price for Metal Welded Link Chain in India (CIF) - 2022
  2. Price for Metal Welded Link Chain in India (FOB) - 2022
  3. Imports of Metal Welded Link Chain in India
  4. Exports of Metal Welded Link Chain in India

Price for Metal Welded Link Chain in India (CIF) - 2022

The average metal welded link chain import price stood at $2,943 per ton in 2022, rising by 7.9% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 109%. Over the period under review, average import prices attained the peak figure at $6,243 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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 Germany ($10,568 per ton), while the price for China ($1,813 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Metal Welded Link Chain in India (FOB) - 2022

The average metal welded link chain export price stood at $3,141 per ton in 2022, with a decrease of -29.3% against the previous year. Over the period under review, the export price, however, enjoyed a moderate increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by 205% against the previous year. Over the period under review, the average export prices attained the maximum at $6,573 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($6,290 per ton), while the average price for exports to the United States ($2,590 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 Australia (+20.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Metal Welded Link Chain in India

After three years of growth, purchases abroad of welded link chain of iron or steel decreased by -8.4% to 1.7K tons in 2022. Over the period under review, imports, however, showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 141%. As a result, imports reached the peak of 1.9K tons, and then fell in the following year.

In value terms, metal welded link chain imports shrank slightly to $5.1M in 2022. In general, imports, however, posted a significant increase. The growth pace was the most rapid in 2021 when imports increased by 122%. As a result, imports reached the peak of $5.1M, and then reduced slightly in the following year.

Import of Metal Welded Link Chain in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4197472,3482,66385.2%
Germany9599861,3821,56817.8%
Japan58.562.421123959.9%
Others6405181,199611-1.5%
Total2,0772,3145,1405,08234.8%

Top Suppliers of Metal Welded Link Chain to India in 2022:

  1. China (1469.1 tons)
  2. Germany (148.4 tons)
  3. Japan (39.4 tons)

Exports of Metal Welded Link Chain in India

For the fourth year in a row, India recorded growth in shipments abroad of welded link chain of iron or steel, which increased by 132% to 302 tons in 2022. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 286% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, metal welded link chain exports skyrocketed to $947K in 2022. In general, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 487% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Metal Welded Link Chain in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.919.047.2599396.3%
United Arab EmiratesN/A28.55.7165140.6%
Nepal5.95.711.9151194.7%
NigeriaN/A6.367.0N/A963.5%
New ZealandN/AN/A14.8N/A0%
VietnamN/AN/A45.8N/A0%
PolandN/A18.7101N/A440.1%
AustraliaN/A59.9222N/A270.6%
Others18.634.060.631.819.6%
Total29.3172576947218.5%

Top Export Markets for Metal Welded Link Chain from India in 2022:

  1. United States (231.4 tons)
  2. Nepal (38.5 tons)
  3. United Arab Emirates (26.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for metal welded link chain in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 25931724 - Welded link chain of iron or steel (excluding articulated link chain, skid chain and stud-link chain)

Country coverage:

  • India

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in India
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Welded Link Chain Of Iron Or Steel - India