Europe: Market for Iron or Steel Hot-Worked Helical Springs 2025

Market Size for Iron or Steel Hot-Worked Helical Springs in Europe

After two years of decline, the Europe metal hot-worked helical spring market increased by 20% to $X in 2021. In general, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Production of Iron or Steel Hot-Worked Helical Springs in Europe

In value terms, metal hot-worked helical spring production soared to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.1% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Exports of Iron or Steel Hot-Worked Helical Springs

Exports in Europe

In 2021, after three years of decline, there was significant growth in overseas shipments of iron or steel hot-worked helical springs, when their volume increased by 13% to X tons. The total export volume increased at an average annual rate of +3.1% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal hot-worked helical spring exports soared to $X in 2021. The total export value increased at an average annual rate of +3.7% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany was the major exporter of iron or steel hot-worked helical springs in Europe, with the volume of exports recording X tons, which was near 45% of total exports in 2021. Poland (X tons) took the second position in the ranking, followed by the Czech Republic (X tons) and Sweden (X tons). All these countries together took approx. 27% share of total exports. The following exporters - Hungary (X tons), the Netherlands (X tons), the UK (X tons), France (X tons), Italy (X tons), Spain (X tons), Russia (X tons) and Bulgaria (X tons) - together made up 22% of total exports.

Exports from Germany increased at an average annual rate of +2.9% from 2012 to 2021. At the same time, Hungary (+20.4%), Poland (+13.1%), Bulgaria (+10.2%), Sweden (+7.3%), the Czech Republic (+5.9%) and the Netherlands (+5.1%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing exporter exported in Europe, with a CAGR of +20.4% from 2012-2021. By contrast, Spain (-1.3%), the UK (-3.3%), Italy (-4.2%), Russia (-6.4%) and France (-6.7%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Poland, Hungary and the Czech Republic increased by +6.5, +2.7 and +2.2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest metal hot-worked helical spring supplier in Europe, comprising 48% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 7.9% share of total exports. It was followed by Poland, with a 6.5% share.

In Germany, metal hot-worked helical spring exports increased at an average annual rate of +3.3% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the Czech Republic (+5.7% per year) and Poland (+13.6% per year).

Export Prices by Country

In 2021, the export price in Europe amounted to $X per ton, surging by 11% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the export price increased by 11% against the previous year. Over the period under review, the export prices attained the maximum in 2021 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+6.6%), while the other leaders experienced more modest paces of growth.

Imports of Iron or Steel Hot-Worked Helical Springs

Imports in Europe

In 2021, supplies from abroad of iron or steel hot-worked helical springs increased by 16% to X tons for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +3.0% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The volume of import peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, metal hot-worked helical spring imports soared to $X in 2021. The total import value increased at an average annual rate of +4.1% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Poland (X tons), Russia (X tons), the UK (X tons), the Czech Republic (X tons), France (X tons), Belgium (X tons), Slovakia (X tons), Romania (X tons), Spain (X tons), Austria (X tons) and Hungary (X tons) represented roughly 80% of total imports in 2021.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Poland (with a CAGR of +12.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported iron or steel hot-worked helical springs in Europe, comprising 20% of total imports. The second position in the ranking was held by Poland ($X), with an 8.4% share of total imports. It was followed by the Czech Republic, with an 8.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Germany amounted to +5.0%. The remaining importing countries recorded the following average annual rates of imports growth: Poland (+9.8% per year) and the Czech Republic (+3.3% per year).

Import Prices by Country

In 2021, the import price in Europe amounted to $X per ton, surging by 8.7% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Hungary ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+6.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform