Sri Lanka - Welded Link Chain of Iron or Steel - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingSri Lanka: Market for Welded Link Chain Of Iron Or Steel 2024
Market Size for Welded Link Chain Of Iron Or Steel in Sri Lanka
In 2023, the Sri Lankan metal welded link chain market was finally on the rise to reach $X after two years of decline. Overall, consumption, however, recorded a abrupt descent. As a result, consumption reached the peak level of $X. From 2018 to 2023, the growth of the market remained at a somewhat lower figure.
Exports of Welded Link Chain Of Iron Or Steel
Exports from Sri Lanka
After four years of growth, overseas shipments of welded link chain of iron or steel decreased by X% to X tons in 2023. Over the period under review, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2023, the exports remained at a lower figure.
In value terms, metal welded link chain exports shrank significantly to $X in 2023. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked at $X in 2022, and then fell sharply in the following year.
Exports by Country
Maldives (X tons) was the main destination for metal welded link chain exports from Sri Lanka, with a X% share of total exports. It was followed by Seychelles (X kg), with a X% share of total exports.
From 2012 to 2023, the average annual rate of growth in terms of volume to Maldives stood at X%.
In value terms, Maldives ($X) remains the key foreign market for welded link chain of iron or steel exports from Sri Lanka, comprising X% of total exports. The second position in the ranking was taken by Seychelles ($X), with a X% share of total exports.
From 2012 to 2023, the average annual growth rate of value to Maldives stood at X%.
Export Prices by Country
In 2023, the average metal welded link chain export price amounted to $X per ton, surging by X% against the previous year. In general, the export price saw resilient growth. The growth pace was the most rapid in 2014 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2023, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Seychelles ($X per ton), while the average price for exports to Maldives stood at $X per ton.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Seychelles (X%).
Imports of Welded Link Chain Of Iron Or Steel
Imports into Sri Lanka
Metal welded link chain imports into Sri Lanka dropped slightly to X tons in 2023, remaining constant against the year before. Overall, imports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2023, the growth of imports remained at a lower figure.
In value terms, metal welded link chain imports contracted to $X in 2023. In general, imports showed a deep downturn. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, imports attained the peak of $X. From 2018 to 2023, the growth of imports failed to regain momentum.
Imports by Country
China (X tons), Malaysia (X tons) and South Africa (X tons) were the main suppliers of metal welded link chain imports to Sri Lanka, together accounting for X% of total imports.
From 2012 to 2023, the biggest increases were recorded for Malaysia (with a CAGR of X%), while purchases for the other leaders experienced a decline.
In value terms, Malaysia ($X) constituted the largest supplier of welded link chain of iron or steel to Sri Lanka, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by South Africa, with a X% share.
From 2012 to 2023, the average annual growth rate of value from Malaysia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and South Africa (X% per year).
Import Prices by Country
In 2023, the average metal welded link chain import price amounted to $X per ton, standing approx. at the previous year. Overall, import price indicated a notable increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, metal welded link chain import price decreased by X% against 2021 indices. The growth pace was the most rapid in 2020 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2021; afterwards, it flattened through to 2023.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($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 prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for metal welded link chain in Sri Lanka. 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:
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sri Lanka
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
Recommended reports
This report provides an in-depth analysis of the market for metal welded link chain in Asia.
This report provides an in-depth analysis of the market for metal welded link chain in the U.S..
This report provides an in-depth analysis of the market for metal welded link chain in China.
This report provides an in-depth analysis of the market for metal welded link chain in the EU.
This report provides an in-depth analysis of the global market for metal welded link chain.