Eastern Europe: Metal Stud-Link Chain Market 2024

Metal Stud-Link Chain Market Size in Eastern Europe

After two years of growth, the East European metal stud-link chain market decreased by X% to $X in 2023. In general, consumption, however, recorded notable growth. As a result, consumption reached the peak level of $X, and then shrank significantly in the following year.

Metal Stud-Link Chain Production in Eastern Europe

In value terms, metal stud-link chain production reduced dramatically to $X in 2023 estimated in export price. The total production indicated a moderate expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2021 indices. The growth pace was the most rapid in 2022 with an increase of X%. The level of production peaked at $X in 2018; however, from 2019 to 2023, production failed to regain momentum.

Metal Stud-Link Chain Exports

Exports in Eastern Europe

In 2023, metal stud-link chain exports in Eastern Europe was estimated at X tons, picking up by X% against 2022 figures. Over the period under review, exports, however, saw a noticeable decline. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

In value terms, metal stud-link chain exports skyrocketed to $X in 2023. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when exports increased by X%. As a result, the exports reached the peak of $X. From 2017 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

In 2023, the Czech Republic (X tons) represented the main exporter of iron/steel stud-link chain, committing X% of total exports. It was distantly followed by Lithuania (X tons), Latvia (X tons) and Poland (X tons), together constituting a X% share of total exports. The following exporters - Estonia (X tons), Bulgaria (X tons) and Romania (X tons) - together made up X% of total exports.

From 2012 to 2023, the biggest increases were recorded for Latvia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X) remains the largest metal stud-link chain supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Lithuania ($X), with a X% share of total exports. It was followed by Latvia, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in the Czech Republic amounted to X%. In the other countries, the average annual rates were as follows: Lithuania (X% per year) and Latvia (X% per year).

Export Prices by Country

In 2023, the export price in Eastern Europe amounted to $X per ton, surging by X% against the previous year. Export price indicated mild growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. The level of export peaked at $X per ton in 2016; however, from 2017 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Latvia ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Metal Stud-Link Chain Imports

Imports in Eastern Europe

In 2023, after two years of growth, there was significant decline in overseas purchases of iron/steel stud-link chain, when their volume decreased by X% to X tons. In general, imports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2022 when imports increased by X%. As a result, imports attained the peak of X tons, and then fell sharply in the following year.

In value terms, metal stud-link chain imports dropped significantly to $X in 2023. Overall, imports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then dropped rapidly in the following year.

Imports by Country

Russia dominates imports structure, amounting to X tons, which was approx. X% of total imports in 2023. The following importers - Lithuania (X tons) and the Czech Republic (X tons) - together made up X% of total imports.

Russia was also the fastest-growing in terms of the iron/steel stud-link chain imports, with a CAGR of X% from 2012 to 2023. At the same time, Lithuania (X%) displayed positive paces of growth. By contrast, the Czech Republic (X%) illustrated a downward trend over the same period. While the share of Russia (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of the Czech Republic (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported iron/steel stud-link chain in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a X% share of total imports.

In Russia, metal stud-link chain imports increased at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and Lithuania (X% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2023, falling by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform