EU: Metal Stud-Link Chain Market 2024

Metal Stud-Link Chain Market Size in the EU

The EU metal stud-link chain market contracted modestly to $X in 2023, with a decrease of X% against the previous year. The total consumption indicated a slight increase 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, consumption increased by X% against 2018 indices. The level of consumption peaked at $X in 2022, and then declined modestly in the following year.

Metal Stud-Link Chain Production in the EU

In value terms, metal stud-link chain production dropped to $X in 2023 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, production reached the peak level at $X in 2022, and then reduced slightly in the following year.

Metal Stud-Link Chain Exports

Exports in the EU

In 2023, overseas shipments of iron/steel stud-link chain increased by X% to X tons, rising for the third year in a row after two years of decline. In general, exports, however, showed a pronounced slump. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The volume of export peaked at X tons in 2013; however, from 2014 to 2023, the exports failed to regain momentum.

In value terms, metal stud-link chain exports reached $X in 2023. Over the period under review, exports, however, continue to indicate a perceptible downturn. The pace of growth was the most pronounced in 2018 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2023, the exports failed to regain momentum.

Exports by Country

The Netherlands represented the major exporting country with an export of around X tons, which amounted to X% of total exports. It was distantly followed by Greece (X tons), Germany (X tons), Italy (X tons) and France (X tons), together making up a X% share of total exports. The following exporters - Belgium (X tons) and Spain (X tons) - together made up X% of total exports.

Exports from the Netherlands increased at an average annual rate of X% from 2012 to 2023. At the same time, Greece (X%), France (X%) and Italy (X%) displayed positive paces of growth. Moreover, Greece emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2023. By contrast, Germany (X%), Belgium (X%) and Spain (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of the Netherlands, Greece, Italy, Germany and France increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X), Germany ($X) and Italy ($X) appeared to be the countries with the highest levels of exports in 2023, together comprising X% of total exports. France, Greece, Belgium and Spain lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Greece, with a CAGR of X%, 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 export price in the European Union stood at $X per ton in 2023, approximately mirroring the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Germany ($X per ton), while Greece ($X per ton) was amongst the lowest.

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

Metal Stud-Link Chain Imports

Imports in the EU

In 2023, imports of iron/steel stud-link chain in the European Union reduced to X tons, waning by X% against 2022 figures. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2022 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2023, imports remained at a lower figure.

In value terms, metal stud-link chain imports shrank to $X in 2023. Overall, imports continue to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2022 when imports increased by X%. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, the Netherlands (X tons) represented the largest importer of iron/steel stud-link chain, constituting X% of total imports. France (X tons) took the second position in the ranking, followed by Greece (X tons), Spain (X tons), Italy (X tons) and Germany (X tons). All these countries together held near X% share of total imports. The following importers - Belgium (X tons) and Lithuania (X tons) - each resulted at a X% share of total imports.

From 2012 to 2023, average annual rates of growth with regard to metal stud-link chain imports into the Netherlands stood at X%. At the same time, Greece (X%), Spain (X%), Lithuania (X%), Italy (X%) and France (X%) displayed positive paces of growth. Moreover, Greece emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2023. By contrast, Belgium (X%) and Germany (X%) illustrated a downward trend over the same period. While the share of the Netherlands (X p.p.), Greece (X p.p.), Spain (X p.p.), France (X p.p.) and Italy (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Germany (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) constitutes the largest market for imported iron/steel stud-link chain in the European Union, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports. It was followed by Italy, with an X% share.

From 2012 to 2023, the average annual growth rate of value in the Netherlands totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: France (X% per year) and Italy (X% per year).

Import Prices by Country

The import price in the European Union stood at $X per ton in 2023, declining by X% against the previous year. Overall, the import price saw a slight decline. The pace of growth appeared the most rapid in 2021 when the import price increased by X%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2023, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform