In 2023, China led the global export of roller chain and parts thereof of iron or steel, holding a dominant 66.56% market share in kilograms. Mexico and Germany followed, with market shares of 18.47% and 7.11%, respectively. The majority of countries showed varied year-on-year percentage changes, with Poland exhibiting considerable growth at 12.35%, while the United Kingdom faced a decline of 7.19%. Other notable changes included an increase in Hungary's exports by 5.2% and a drop in Malaysia's share by 6.38%.
Future trends to watch include potential growth in emerging markets like Zambia, which experienced a significant increase of 105.07%, and continued dominance by China. Regional tensions, and evolving trade policies, particularly those impacting key manufacturing hubs, could alter the dynamics of this market in the coming years.
Top countries in Export of Roller Chain and Parts Thereof of Iron or Steel Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 66.56 | 2023 | +2.82% | +3.04% | View data |
| 2 | 2 Mexico | 18.47 | 2023 | +6.61% | +0.99% | View data |
| 3 | 3 Germany | 7.11 | 2023 | +3.16% | +3.12% | View data |
| 4 | 4 Japan | 5.22 | 2023 | -0.074% | -0.81% | View data |
| 5 | 5 United States | 2.94 | 2023 | +1.3% | +1.47% | View data |
| 6 | 6 Thailand | 2.55 | 2023 | +4.2% | +4.46% | View data |
| 7 | 7 Netherlands | 2.08 | 2023 | +3.4% | +3.25% | View data |
| 8 | 8 Malaysia | 1.92 | 2023 | -4.61% | -6.38% | View data |
| 9 | 9 India | 1.34 | 2023 | +1.84% | +1.48% | View data |
| 10 | 10 Italy | 1.19 | 2023 | +0.74% | +0.65% | View data |