World - Steel Springs And Leaves For Springs - Market Analysis, Forecast, Size, Trends and Insights
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Steel spring market: download the latest information empowered by an Ai-driven market intelligence platform. Data contain consumption, imports, production, trade, exports, market size, companies, and market prices. Here is a split by region, including Africa, the U.K., Latin America, the Middle East, the U.S., Russia, China, and EU. Market trends and forecast to 2030 are also featured in the reports.
Steel Spring - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | Ethiopia |
| 2 | China |
| 3 | United States |
| 4 | Japan |
| 5 | Germany |
In value terms, Ethiopia led the market, alone. The second position in the ranking was occupied by China. It was followed by the United States.
In Ethiopia, the steel spring market increased at an average annual rate of +15.0% over the period from 2019-2021. In the other countries, the average annual rates were as follows: China (+2.2% per year) and the United States (+0.1% per year).
Steel Spring Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| USD per ton | ||||
| Mexico | 2261 | 2378 | 1614 | -15.5% |
| Indonesia | 1981 | 1855 | 1918 | -1.6% |
| China | 2526 | 2738 | 2039 | -10.2% |
| Turkey | 1984 | 2007 | 2163 | 4.4% |
| India | 2705 | 2543 | 2290 | -8.0% |
| Spain | 3028 | 3088 | 3240 | 3.4% |
| Poland | 3782 | 3776 | 3787 | 0.1% |
| Netherlands | 4492 | 4943 | 4467 | -0.3% |
| Canada | 4243 | 4177 | 4615 | 4.3% |
| Czech Republic | 5154 | 4392 | 4618 | -5.3% |
| United States | 5217 | 5543 | 6265 | 9.6% |
| Germany | 6177 | 6718 | 7445 | 9.8% |
| Japan | 12743 | 14094 | 13207 | 1.8% |
| Average | 4250 | 4435 | 4189 | -0.7% |
Prices varied noticeably by the country of origin; the country with the highest price was Japan ($13,207 per ton), while Mexico ($1,614 per ton) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Germany, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| USD per ton | ||||
| China | 12517 | 14724 | 13639 | 4.4% |
| Mexico | 5438 | 6068 | 5906 | 4.2% |
| Germany | 5330 | 5341 | 5433 | 1.0% |
| France | 4683 | 4841 | 5254 | 5.9% |
| Italy | 4746 | 4808 | 4839 | 1.0% |
| Poland | 4531 | 4069 | 4203 | -3.7% |
| United Kingdom | 2992 | 3167 | 3712 | 11.4% |
| Japan | 3895 | 3773 | 3686 | -2.7% |
| Netherlands | 3495 | 3577 | 3646 | 2.1% |
| Russia | 3661 | 3553 | 3636 | -0.3% |
| Canada | 3888 | 3689 | 3320 | -7.6% |
| Belgium | 3874 | 3666 | 3265 | -8.2% |
| United States | 2771 | 2694 | 2916 | 2.6% |
| Average | 4283 | 4357 | 4500 | 2.5% |
There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was China ($13,639 per ton), while the United States ($2,916 per ton) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by the UK, while the other global leaders experienced more modest paces of growth.
Steel Spring - Top Importers
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| billion USD | ||||
| United States | 1.2 | 1 | 1.3 | 3.3% |
| Germany | 0.6 | 0.5 | 0.6 | 2.4% |
| China | 0.5 | 0.6 | 0.6 | 5.3% |
| Mexico | 0.5 | 0.4 | 0.5 | 8.6% |
| Poland | 0.3 | 0.2 | 0.3 | -4.0% |
In value terms, the United States ($1.3B) constitutes the largest market for imported steel springs and leaves for springs worldwide, comprising 17% of global imports. The second position in the ranking was occupied by Germany ($634M), with a 8.4% share of global imports. It was followed by China, with a 7.4% share.
From 2019 to 2021, the average annual rate of growth in terms of value in the United States amounted to +3.3%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+2.4% per year) and China (+5.3% per year).
Steel Spring - Top Exporters
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| billion USD | ||||
| Germany | 1.5 | 1.4 | 1.7 | 6.1% |
| United States | 0.7 | 0.6 | 0.7 | 0.5% |
| Mexico | 0.7 | 0.6 | 0.6 | -4.7% |
| China | 0.6 | 0.6 | 0.5 | -3.1% |
| Japan | 0.4 | 0.4 | 0.4 | 1.5% |
In value terms, Germany ($1.7B) remains the largest steel spring supplier worldwide, comprising 23% of global exports. The second position in the ranking was occupied by the United States ($738M), with a 9.9% share of global exports. It was followed by Mexico, with a 8.6% share.
In Germany, steel spring exports expanded at an average annual rate of +6.1% over the period from 2019-2021. The remaining exporting countries recorded the following average annual rates of exports growth: the United States (+0.5% per year) and Mexico (-4.7% per year).
Steel Spring - Market Forecast
Driven by increasing demand for steel spring worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.
Steel Spring - Top Companies
Muhr und Bender KG, Rassini, S.A.B. de C.V., CHUO SPRING CO., LTD., Hefei Hualong Spring Co., Ltd., Zhuanghe City Spring Factory, Mubea, Inc., SCHERDEL GmbH, Stabilus GmbH, Matthew Warren, Inc., Hongdeok Industry Co., Ltd., TOGO SEISAKUSYO CORPORATION, SUSPA GmbH, Shanghai Yongjiu Fasteners Co.,Ltd., Peterson American Corporation, MERKEZ CELIK SANAYI VE TICARET ANONIM SIRKETI, Stabilus, Inc., ADVANEX INC., MUBEA - HZP s.r.o., JAMNA AUTO INDUSTRIES LIMITED, Mubea Tellerfedern GmbH
Steel Spring - Product Coverage
- HS 732010 - Iron or steel; leaf-springs and leaves therefor
- HS 732020 - Iron or steel; helical springs and leaves for springs
- HS 732090 - Iron or steel; springs n.e.s. in heading no. 7320
This report provides an in-depth analysis of the global steel spring market. 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 25931613 - Iron or steel hot-worked laminated leaf-springs and leaves therefor
- Prodcom 25931615 - Iron or steel hot-worked non-laminated leaf-springs and leaves therefor
- Prodcom 25931617 - Iron or steel cold-formed leaf-springs and leaves therefor
- Prodcom 25931631 - Iron or steel hot-worked helical springs
- Prodcom 25931633 - Iron or steel cold-formed helical coil compression springs
- Prodcom 25931635 - Iron or steel cold-formed helical coil tension springs
- Prodcom 25931637 - Iron or steel cold-formed helical springs (excluding helical coil compression springs, helical coil tension springs)
- Prodcom 25931653 - Iron or steel flat spiral springs
- Prodcom 25931655 - Iron or steel discs springs
- Prodcom 25931660 - Iron or steel springs (excluding leaf-springs and leaves therefor, helical springs, flat spiral springs, discs springs)
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Company coverage:
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.
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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
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- 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
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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
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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. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 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, 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, 2012–2023
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This report provides an in-depth analysis of the global steel spring market.
380
This report provides an in-depth analysis of the global market for metal hot-worked helical spring.
273
This report provides an in-depth analysis of the global market for iron or steel leaf-spring and leave.
275
This report provides an in-depth analysis of the global market for metal spiral or discs spring.
253
This report provides an in-depth analysis of the global market for iron or steel leaf-spring.
103
Explore the top import markets for steel springs worldwide, including key statistics and import values. Learn about the leading countries in steel spring imports and their industrial sectors driving the demand.
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Global steel spring imports totaled X tons in 2016, ascending by X% against the previous year level. Overall, steel spring imports continue to indicate a relatively flat trend pattern. The pace o...
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Global steel spring imports totaled X tons in 2016, ascending by X% against the previous year level. Overall, steel spring imports continue to indicate a relatively flat trend pattern. The pace o...
