Report Update Nov 1, 2024

Ireland - Iron or Steel Leaf-Springs and Leaves - Market Analysis, Forecast, Size, Trends and Insights

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Ireland: Market for Iron or Steel Leaf-Springs and Leaves 2024

Market Size for Iron or Steel Leaf-Springs and Leaves in Ireland

The Irish iron or steel leaf-spring market stood at $X in 2022, leveling off at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +9.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -28.8% against 2019 indices. Iron or steel leaf-spring consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Exports of Iron or Steel Leaf-Springs and Leaves

Exports from Ireland

In 2022, shipments abroad of iron or steel leaf-springs and leaves decreased by 0% to X tons, falling for the second year in a row after four years of growth. In general, exports saw a significant expansion. The pace of growth was the most pronounced in 2013 when exports increased by 919% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, iron or steel leaf-spring exports stood at $X in 2022. Overall, exports showed a significant expansion. The growth pace was the most rapid in 2013 with an increase of 400%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

The UK (X tons) was the main destination for iron or steel leaf-spring exports from Ireland, with a 95% share of total exports. Moreover, iron or steel leaf-spring exports to the UK exceeded the volume sent to the second major destination, Turkey (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to the UK totaled +84.3%.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK totaled +63.0%.

Export Prices by Country

The average iron or steel leaf-spring export price stood at $X per ton in 2022, approximately mirroring the previous year. In general, the export price saw a abrupt shrinkage. The growth pace was the most rapid in 2016 an increase of 46%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+50.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Iron or Steel Leaf-Springs and Leaves

Imports into Ireland

Iron or steel leaf-spring imports into Ireland amounted to X tons in 2022, approximately mirroring the previous year's figure. Over the period under review, imports posted prominent growth. The pace of growth was the most pronounced in 2013 when imports increased by 75%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, iron or steel leaf-spring imports amounted to $X in 2022. In general, imports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 148%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of iron or steel leaf-spring to Ireland, with a 38% share of total imports. Moreover, iron or steel leaf-spring imports from Turkey exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The third position in this ranking was taken by India (X tons), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey stood at +12.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+11.7% per year) and India (+97.0% per year).

In value terms, Turkey ($X), the UK ($X) and China ($X) were the largest iron or steel leaf-spring suppliers to Ireland, together accounting for 55% of total imports. Japan, the United States, Belgium and India lagged somewhat behind, together accounting for a further 37%.

India, with a CAGR of +97.0%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average iron or steel leaf-spring import price stood at $X per ton in 2022, almost unchanged from the previous year. Overall, the import price recorded a pronounced curtailment. The pace of growth was the most pronounced in 2013 when the average import price increased by 42% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron or steel leaf-springs and leaves in the world?

China remains the largest iron or steel leaf-spring and leave consuming country worldwide, accounting for 29% of total volume. Moreover, consumption of iron or steel leaf-springs and leaves in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 7.4% share.

What are the largest producers of iron or steel leaf-springs and leaves in the world?

China constituted the country with the largest volume of production of iron or steel leaf-springs and leaves, comprising approx. 30% of total volume. Moreover, production of iron or steel leaf-springs and leaves in China exceeded the figures recorded by the second-largest producer, Mexico, twofold. India ranked third in terms of total production with a 9.1% share.

What are the leading suppliers of iron or steel leaf-springs and leaves to Ireland?

In value terms, the largest iron or steel leaf-spring and leave suppliers to Ireland were Turkey, the UK and China, with a combined 50% share of total imports. India, Belgium, Malaysia and the United States lagged somewhat behind, together comprising a further 33%.

What are the leading importers of iron or steel leaf-springs and leaves from Ireland?

In value terms, the UK remains the key foreign market for iron or steel leaf-spring and leave exports from Ireland.

What is the average export price for iron or steel leaf-springs and leaves in Ireland?

The average export price for iron or steel leaf-springs and leaves stood at $3,073 per ton in 2021, waning by -37.2% against the previous year.

What is the average import price for iron or steel leaf-springs and leaves in Ireland?

In 2021, the average import price for iron or steel leaf-springs and leaves amounted to $3,389 per ton, dropping by -12.4% against the previous year.

This report provides an in-depth analysis of the market for iron or steel leaf-spring in Ireland. 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

Country coverage:

Ireland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ireland
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023