Europe: Market for Iron or Steel Flat Spiral or Discs Springs 2025

Market Size for Iron or Steel Flat Spiral or Discs Springs in Europe

The Europe market for iron or steel flat spiral or discs springs fell markedly to $X in 2021, waning by -15.5% against the previous year. Over the period under review, consumption, however, saw a slight shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 7.7%. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Production of Iron or Steel Flat Spiral or Discs Springs in Europe

In value terms, metal spiral or discs spring production fell to $X in 2021 estimated in export price. Overall, production, however, recorded a mild shrinkage. The pace of growth was the most pronounced in 2014 with an increase of 6.2% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Exports of Iron or Steel Flat Spiral or Discs Springs

Exports in Europe

In 2021, overseas shipments of iron or steel flat spiral or discs springs increased by 17% to X tons for the first time since 2018, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +2.3% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal spiral or discs spring exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +2.1% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) and Poland (X tons) represented roughly 46% of total exports in 2021. Italy (X tons) ranks next in terms of the total exports with an 11% share, followed by the Czech Republic (8.2%) and Spain (5.7%). The following exporters - France (X tons), Romania (X tons), Slovakia (X tons), Lithuania (X tons), Hungary (X tons), the Netherlands (X tons), the UK (X tons) and Belarus (X tons) - together made up 22% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Lithuania (with a CAGR of +58.6%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest metal spiral or discs spring supplier in Europe, comprising 39% of total exports. The second position in the ranking was held by Poland ($X), with a 10% share of total exports. It was followed by Italy, with a 9.9% share.

In Germany, metal spiral or discs spring exports remained relatively stable over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Poland (+17.7% per year) and Italy (+0.0% per year).

Export Prices by Country

The export price in Europe stood at $X per ton in 2021, approximately reflecting the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the export price increased by 7.6% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the UK ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+4.0%), while the other leaders experienced more modest paces of growth.

Imports of Iron or Steel Flat Spiral or Discs Springs

Imports in Europe

After two years of decline, purchases abroad of iron or steel flat spiral or discs springs increased by 12% to X tons in 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. The volume of import peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, metal spiral or discs spring imports surged to $X in 2021. Overall, imports showed a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the UK (X tons), followed by Germany (X tons), Poland (X tons), Hungary (X tons), Romania (X tons), the Czech Republic (X tons), Italy (X tons), Slovakia (X tons) and the Netherlands (X tons) were the main importers of iron or steel flat spiral or discs springs, together making up 68% of total imports. The following importers - Spain (X tons), Slovenia (X tons), Austria (X tons) and Russia (X tons) - together made up 14% of total imports.

From 2012 to 2021, the biggest increases were recorded for Slovenia (with a CAGR of +19.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and the UK ($X) appeared to be the countries with the highest levels of imports in 2021, together accounting for 35% of total imports. The Czech Republic, Italy, Hungary, Romania, Austria, Spain, the Netherlands, Slovakia, Slovenia and Russia lagged somewhat behind, together comprising a further 43%.

In terms of the main importing countries, Slovenia, with a CAGR of +19.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Europe amounted to $X per ton, growing by 8.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2020 an increase of 10%. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Germany ($X per ton), while the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+8.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform