Price for Chain; Articulated Link, Roller, of Iron or Steel in Romania - 2023
Contents:
- Price for Chain; Articulated Link, Roller, of Iron or Steel in Romania (FOB) - 2023
- Price for Chain; Articulated Link, Roller, of Iron or Steel in Romania (CIF) - 2023
- Exports of Chain; Articulated Link, Roller, of Iron or Steel in Romania
- Imports of Chain; Articulated Link, Roller, of Iron or Steel in Romania
Price for Chain; Articulated Link, Roller, of Iron or Steel in Romania (FOB) - 2023
In October 2023, the average export price for chain; articulated link, roller, of iron or steel amounted to $21,034 per ton, jumping by 20% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +3.1%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was Kazakhstan ($113K per ton), while the average price for exports to Bosnia and Herzegovina ($3,622 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+337.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Chain; Articulated Link, Roller, of Iron or Steel in Romania (CIF) - 2023
In October 2023, the average import price for chain; articulated link, roller, of iron or steel amounted to $8,251 per ton, falling by -41.1% against the previous month. Over the period under review, the import price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 48% month-to-month. Over the period under review, average import prices hit record highs at $16,247 per ton in February 2023; however, from March 2023 to October 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($21,418 per ton), while the price for Turkey ($1,499 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 (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Chain; Articulated Link, Roller, of Iron or Steel in Romania
In 2022, the amount of chain; articulated link, roller, of iron or steel exported from Romania skyrocketed to 2.7K tons, jumping by 28% against the previous year's figure. Over the period under review, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 744%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of chain; articulated link, roller, of iron or steel surged to $44M in 2022. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 590% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Chain; Articulated Link, Roller, of Iron or Steel in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.3 | 3.6 | 33.9 | 40.3 | 412.1% |
| Italy | 0.7 | 0.7 | 1.6 | 2.1 | 44.2% |
| Others | 1.0 | 1.0 | 1.2 | 1.2 | 6.3% |
| Total | 2.0 | 5.3 | 36.7 | 43.6 | 179.4% |
Top Export Markets for Chain; Articulated Link, Roller, of Iron or Steel from Romania in 2022:
- Germany (2660.6 tons)
- Italy (30.2 tons)
Imports of Chain; Articulated Link, Roller, of Iron or Steel in Romania
In 2022, after three years of growth, there was significant decline in purchases abroad of chain; articulated link, roller, of iron or steel, when their volume decreased by -7% to 1.4K tons. The total import volume increased at an average annual rate of +12.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 39%.
In value terms, imports of chain; articulated link, roller, of iron or steel skyrocketed to $16M in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.0% 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 +76.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Chain; Articulated Link, Roller, of Iron or Steel in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.8 | 2.0 | 2.1 | 5.0 | 40.6% |
| Italy | 1.7 | 1.4 | 2.7 | 3.3 | 24.7% |
| France | 1.6 | 2.0 | 1.7 | 2.1 | 9.5% |
| China | 1.2 | 1.5 | 2.8 | 1.3 | 2.7% |
| Taiwan (Chinese) | 0.3 | 0.1 | 0.2 | 0.9 | 44.2% |
| Netherlands | 0.6 | 0.6 | 0.9 | 0.8 | 10.1% |
| Czech Republic | 0.2 | 0.2 | 0.4 | 0.4 | 26.0% |
| Hungary | 0.6 | 0.4 | 0.4 | 0.3 | -20.6% |
| Belgium | N/A | N/A | 0.2 | 0.2 | 0.0% |
| United Kingdom | 0.2 | 0.2 | 0.1 | N/A | -29.3% |
| Others | 1.0 | 1.2 | 2.0 | 2.0 | 26.0% |
| Total | 9.3 | 9.5 | 13.5 | 16.4 | 20.8% |
Top Suppliers of Chain; Articulated Link, Roller, of Iron or Steel to Romania in 2022:
- Germany (466.3 tons)
- China (299.0 tons)
- Netherlands (142.4 tons)
- France (124.7 tons)
- Italy (106.5 tons)
- Taiwan (Chinese) (69.3 tons)
- Hungary (40.4 tons)
- Czech Republic (36.8 tons)
- Belgium (35.1 tons)
- United Kingdom (0.4 tons)
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