Price for Chain; Articulated Link, Roller, of Iron or Steel in the Czech Republic - 2023

Contents:

1. Price for Chain; Articulated Link, Roller, of Iron or Steel in the Czech Republic (CIF) - 2023
2. Price for Chain; Articulated Link, Roller, of Iron or Steel in the Czech Republic (FOB) - 2022
3. Imports of Chain; Articulated Link, Roller, of Iron or Steel in the Czech Republic
4. Exports of Chain; Articulated Link, Roller, of Iron or Steel in the Czech Republic

Price for Chain; Articulated Link, Roller, of Iron or Steel in the Czech Republic (CIF) - 2023

In October 2023, the average import price for chain; articulated link, roller, of iron or steel amounted to $11,095 per ton, growing by 41% against the previous month. Overall, import price indicated a pronounced expansion from October 2022 to October 2023: its price increased at an average monthly rate of +4.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for chain; articulated link, roller, of iron or steel decreased by -2.5% against August 2023 indices. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 98% against the previous month. Over the period under review, average import prices reached the maximum at $13,673 per ton in March 2023; however, from April 2023 to October 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($22,561 per ton), while the price for China ($3,976 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Chain; Articulated Link, Roller, of Iron or Steel in the Czech Republic (FOB) - 2022

The average export price for chain; articulated link, roller, of iron or steel stood at $9,856 per ton in 2022, standing approx. at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. The pace of growth appeared the most rapid in 2016 when the average export price increased by 14%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($16,768 per ton), while the average price for exports to Turkey ($3,744 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 Switzerland (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chain; Articulated Link, Roller, of Iron or Steel in the Czech Republic

In 2022, approx. 3.2K tons of chain; articulated link, roller, of iron or steel were imported into the Czech Republic; declining by -5.9% compared with the previous year's figure. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +6.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 52% against the previous year. As a result, imports attained the peak of 3.4K tons, and then contracted in the following year.

In value terms, imports of chain; articulated link, roller, of iron or steel contracted to $31M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +10.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.3% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 59%. As a result, imports attained the peak of $32M, and then reduced slightly in the following year.

Top Suppliers of Chain; Articulated Link, Roller, of Iron or Steel to the Czech Republic in 2022:

1. China (1258.0 tons)
2. Germany (642.9 tons)
3. Netherlands (428.0 tons)
4. Japan (387.9 tons)
5. Taiwan (Chinese) (77.3 tons)
6. Italy (76.6 tons)
7. Austria (71.6 tons)
8. Vietnam (52.8 tons)

Exports of Chain; Articulated Link, Roller, of Iron or Steel in the Czech Republic

In 2022, the amount of chain; articulated link, roller, of iron or steel exported from the Czech Republic rose markedly to 3.1K tons, increasing by 5.9% on 2021. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of chain; articulated link, roller, of iron or steel expanded remarkably to $30M in 2022. The total export value increased at an average annual rate of +6.4% over the period from 2019 to 2022; 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%. The exports peaked in 2022 and are likely to continue growth in the near future.

Top Export Markets for Chain; Articulated Link, Roller, of Iron or Steel from the Czech Republic in 2022:

1. Germany (773.7 tons)
2. Slovakia (290.6 tons)
3. Poland (287.4 tons)
4. Turkey (231.5 tons)
5. Sweden (168.3 tons)
6. Italy (166.6 tons)
7. Russia (120.9 tons)
8. Austria (115.1 tons)
9. Finland (108.6 tons)
10. United States (96.3 tons)
11. Lithuania (77.6 tons)
12. Switzerland (74.9 tons)
13. Spain (52.4 tons)

Source: IndexBox Market Intelligence Platform