Iron or steel articulated link chain excluding roller chain market in Italy

Earlier Report Observations

The Italian market for iron or steel articulated link chain saw considerable volatility in volume from 2018 to 2024. After a strong increase to 55 856 t in 2019, the market contracted sharply to 43 813 t in 2020 and continued a steady descent, reaching 35 897 t by the end of the period.

Domestic production mirrored this trend, rising to 55 696 t in 2019 before declining to 36 499 t in 2024. Import volumes fluctuated, with a peak of 5 130 t in 2023, while export levels showed relative stability, ranging between 3 453 t and 4 810 t throughout the years.

In value terms, the market exhibited a different pattern. The highest market value of 204.3 million USD was recorded in 2021, a year of lower physical volume, indicating potential shifts in product pricing or composition. Subsequently, the market value fell consistently to 128.3 million USD in 2024.

Production iron or steel articulated link chain in Italy

In value, 2017-2020, M $ US

Italy's production of iron or steel articulated link chain, excluding roller chain, declined after two years of growth. In 2020, output was valued at 174.9 million US dollars, marking a 15.6% decrease from 2019. Over the period from 2017 to 2020, production increased by 21.4%, with a compound annual growth rate of 6.7%. The peak value was recorded in 2019 at 207.3 million US dollars, which also saw the largest annual increase of 21.9%.

Annual dynamics of production in Italy in value, 2017-2020, M $ US

In kind, 2017-2020, t

Italy's production of iron or steel articulated link chain, excluding roller chain, fell after two years of gains. In 2020, 43,811 tonnes were produced, representing a sharp decline of 21.3% compared to 2019. Between 2017 and 2020, overall production decreased by 3.3%, equivalent to an annualized rate of 1.1%. The highest output was in 2019 at 55,696 tonnes, while the largest annual increase occurred in 2018 at 11.8%.

Annual dynamics of production in Italy in kind, 2017-2020, t

Exports iron or steel articulated link chain from Italy

Exports in kind, t

Italy's exports of iron or steel articulated link chain, excluding roller chain, declined for the third year in a row. In 2020, shipments abroad totaled 3,453 tonnes, a moderate decrease of 3.4% from the previous year. From 2017 to 2020, exports fell by 12.6%, with a compound annual growth rate of -4.4%.

Annual dynamics of product's exports from Italy in kind, 2017-2020, t

Between 2017 and 2020, Italy's exports of iron or steel articulated link chain, excluding roller chain, were relatively diversified. Germany accounted for 22.7% of exports in volume, Austria for 17.0%, and France for 9.6%. Together, these three countries represented 49.2% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Italy in kind, 2017-2020

Exports in value, K $ US

Italy's exports of iron or steel articulated link chain, excluding roller chain, declined for the second consecutive year. In 2020, export value reached 37.795 million US dollars, down 7.3% year-over-year. Over the 2017-2020 period, exports decreased by 14.7%, with a compound annual growth rate of -5.2%. The peak value was recorded in 2018 at 46.610 million US dollars, which also saw the largest annual increase of 5.2%. The largest annual decline occurred in 2019 at 12.5%.

Annual dynamics of product's exports from Italy in value, 2017-2020, K $ US

From 2017 to 2020, Germany was the top destination for Italy's exports of iron or steel articulated link chain, excluding roller chain, in value terms, accounting for 27.8%. Austria followed with 18.4%, and Spain with 7.5%. These three countries together made up 53.7% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Italy in value, 2017-2020

Imports iron or steel articulated link chain to Italy

Imports in kind, t

Italy's imports of iron or steel articulated link chain, excluding roller chain, declined for the third consecutive year. In 2020, imports amounted to approximately 3,455 tonnes, a decrease of 7.5% from the prior year. Between 2017 and 2020, imports fell by 19.9%, equivalent to an annualized rate of 7.1%.

Annual dynamics of product's imports to Italy in kind, 2017-2020, t

Throughout 2017-2020, China, Germany, and South Korea were the key sources for Italy's imports of iron or steel articulated link chain, excluding roller chain, in volume terms. China accounted for 27.5% of imports, Germany for 26.5%, and South Korea for 26.4%. Collectively, these three countries represented 80.4% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Italy in kind, 2017-2020

Imports in value, K $ US

In 2020, Italy's imports of iron or steel articulated link chain, excluding roller chain, totaled 23.733 million US dollars, up 7.8% from 2019. Over the 2017-2020 period, imports increased by 5.2%, with a compound annual growth rate of 1.7%. The lowest value was recorded in 2019 at 22.011 million US dollars, which also saw the largest annual decline of 4.4%.

Annual dynamics of product's imports to Italy in value, 2017-2020, K $ US

Between 2017 and 2020, Germany, China, and France were the leading contributors to Italy's imports of iron or steel articulated link chain, excluding roller chain, in value terms. Germany accounted for 35.5% of imports, China for 20.8%, and France for 12.8%. Together, these three countries made up 69.0% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Italy in value, 2017-2020