EU: Market for Iron Or Steel Leaf-Springs And Leaves 2022

Market Size for Iron Or Steel Leaf-Springs And Leaves in the EU

In 2020, the EU market for iron or steel leaf-springs and leaves decreased by -X% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption continues to indicate a perceptible contraction. The pace of growth appeared the most rapid in 2008 when the market value increased by X% year-to-year. As a result, consumption reached the peak level of $X. from 2009 to 2020, the growth of the market failed to regain the momentum.

Production of Iron Or Steel Leaf-Springs And Leaves in the EU

In value terms, production of iron or steel leaf-springs and leaves contracted to $X in 2020 estimated in export prices. Over the period under review, production, however, saw a noticeable setback. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. The level of production peaked at $X in 2008; however, from 2009 to 2020, production remained at a lower figure.

Production By Country in the EU

The countries with the highest volumes of production of iron or steel leaf-springs and leaves in 2020 were Spain (X tons), France (X tons) and Germany (X tons), with a combined X% share of total production. Romania, Austria, the Czech Republic and Italy lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of production of iron or steel leaf-springs and leaves, amongst the key producing countries, was attained by Austria, while production of iron or steel leaf-springs and leaves for the other leaders experienced more modest paces of growth.

Exports of Iron Or Steel Leaf-Springs And Leaves

Exports in the EU

For the third year in a row, the European Union recorded decline in shipments abroad of iron or steel leaf-springs and leaves, which decreased by -X% to X tons in 2020. In general, exports showed a perceptible setback. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, exports hit record highs at X tons in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, exports of iron or steel leaf-springs and leaves declined to $X in 2020. Over the period under review, exports recorded a noticeable decrease. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. The level of export peaked at $X in 2008; however, from 2009 to 2020, exports remained at a lower figure.

Exports by Country

Spain (X tons) and Germany (X tons) represented roughly X% of total exports of iron or steel leaf-springs and leaves in 2020. Belgium (X tons) ranks next in terms of the total exports with a X% share, followed by Austria (X%), the Netherlands (X%), Romania (X%), the Czech Republic (X%), France (X%) and Italy (X%).

From 2007 to 2020, the biggest increases were in the Czech Republic, while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Germany ($X) remains the largest iron or steel leaf-spring and leave supplier in the European Union, comprising X% of total exports. The second position in the ranking was occupied by Spain ($X), with a X% share of total exports. It was followed by Belgium, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value in Germany amounted to -X%. The remaining exporting countries recorded the following average annual rates of exports growth: Spain (-X% per year) and Belgium (+X% per year).

Export Prices by Country

The export price for iron or steel leaf-springs and leaves in the European Union stood at $X per ton in 2020, remaining stable against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 an increase of X% year-to-year. Over the period under review, export prices hit record highs at $X per ton in 2009; however, from 2010 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Germany ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by France, while the other leaders experienced more modest paces of growth.

Imports of Iron Or Steel Leaf-Springs And Leaves

Imports in the EU

Imports of iron or steel leaf-springs and leaves reduced notably to X tons in 2020, with a decrease of -X% on 2019 figures. Overall, imports showed a noticeable downturn. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

In value terms, imports of iron or steel leaf-springs and leaves reduced dramatically to $X in 2020. In general, imports showed a perceptible slump. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. The level of import peaked at $X in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Germany represented the key importer of iron or steel leaf-springs and leaves in the European Union, with the volume of imports reaching X tons, which was approx. X% of total imports in 2020. Italy (X tons) ranks second in terms of the total imports with a X% share, followed by Poland (X%), Belgium (X%), the Netherlands (X%), France (X%), Hungary (X%) and Sweden (X%).

Imports into Germany decreased at an average annual rate of -X% from 2007 to 2020. At the same time, Poland (+X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in the European Union, with a CAGR of +X% from 2007-2020. Hungary experienced a relatively flat trend pattern. By contrast, Italy (-X%), Belgium (-X%), the Netherlands (-X%), Sweden (-X%) and France (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Poland, Italy, Belgium, Hungary and the Netherlands increased by +X%, +X%, +X%, +X% and +X% percentage points, while France (-X p.p.) and Germany (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported iron or steel leaf-springs and leaves in the European Union, comprising X% of total imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

In Germany, imports of iron or steel leaf-springs and leaves decreased by an average annual rate of -X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Italy (-X% per year) and Poland (+X% per year).

Import Prices by Country

The import price for iron or steel leaf-springs and leaves in the European Union stood at $X per ton in 2020, which is down by -X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2008 an increase of X% y-o-y. Over the period under review, import prices hit record highs at $X per ton in 2009; however, from 2010 to 2020, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in France ($X per ton) and Sweden ($X per ton), while Germany ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by France, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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