France: Steel Spring Market 2025

Steel Spring Market Size in France

In 2021, the French steel spring market decreased by -30.9% to $X, falling for the third year in a row after three years of growth. Over the period under review, consumption saw a abrupt slump. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Steel Spring Production in France

In value terms, steel spring production reduced sharply to $X in 2021 estimated in export price. In general, production showed a abrupt decrease. The most prominent rate of growth was recorded in 2017 with an increase of 7.6%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Steel Spring Exports

Exports from France

In 2021, overseas shipments of steel springs and leaves for springs were finally on the rise to reach X tons after three years of decline. Over the period under review, exports, however, showed a abrupt shrinkage. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, steel spring exports skyrocketed to $X in 2021. Overall, exports, however, continue to indicate a perceptible descent. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Belgium (X tons), Sweden (X tons) and Germany (X tons) were the main destinations of steel spring exports from France, with a combined 42% share of total exports. These countries were followed by Poland, the UK, Italy, Hungary, Spain, Russia, the Czech Republic, Turkey, Mexico and China, which together accounted for a further 38%.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +22.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for steel spring exported from France were Germany ($X), Poland ($X) and Belgium ($X), together accounting for 28% of total exports. China, the UK, Italy, Sweden, Hungary, Spain, the Czech Republic, Turkey, Mexico and Russia lagged somewhat behind, together comprising a further 43%.

Among the main countries of destination, Mexico, with a CAGR of +16.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average steel spring export price amounted to $X per ton, approximately reflecting the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.8%. The pace of growth was the most pronounced in 2018 an increase of 24% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

Steel Spring Imports

Imports into France

After two years of decline, overseas purchases of steel springs and leaves for springs increased by 17% to X tons in 2021. Over the period under review, imports, however, saw a noticeable reduction. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, steel spring imports skyrocketed to $X in 2021. Overall, imports, however, continue to indicate a noticeable reduction. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X tons), China (X tons) and Italy (X tons) were the main suppliers of steel spring imports to France, together comprising 60% of total imports. Spain, the Czech Republic, Belgium, Turkey and the UK lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +17.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and China ($X) were the largest steel spring suppliers to France, together comprising 56% of total imports. Spain, Belgium, the UK, the Czech Republic and Turkey lagged somewhat behind, together comprising a further 22%.

Turkey, with a CAGR of +11.1%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average steel spring import price amounted to $X per ton, growing by 5.6% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 25% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for China ($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 UK (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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