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

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

In 2021, the Israeli metal hot-worked helical spring market increased by 36% to $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +2.5% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Iron or Steel Hot-Worked Helical Springs

Exports from Israel

In 2021, the amount of iron or steel hot-worked helical springs exported from Israel skyrocketed to X tons, rising by 17% compared with the previous year's figure. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2016 when exports increased by 196%. The exports peaked in 2021 and are likely to continue growth in years to come.

In value terms, metal hot-worked helical spring exports soared to $X in 2021. In general, exports enjoyed a significant increase. The growth pace was the most rapid in 2016 with an increase of 180%. The exports peaked in 2021 and are likely to continue growth in years to come.

Exports by Country

China (X tons) was the main destination for metal hot-worked helical spring exports from Israel, accounting for a 46% share of total exports. Moreover, metal hot-worked helical spring exports to China exceeded the volume sent to the second major destination, Romania (X tons), twofold. Belgium (X tons) ranked third in terms of total exports with a 7.7% share.

From 2012 to 2021, the average annual growth rate of volume to China amounted to +40.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+178.1% per year) and Belgium (+10.7% per year).

In value terms, China ($X) remains the key foreign market for iron or steel hot-worked helical springs exports from Israel, comprising 46% of total exports. The second position in the ranking was taken by Romania ($X), with a 21% share of total exports. It was followed by Belgium, with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to China totaled +45.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+198.6% per year) and Belgium (+16.8% per year).

Export Prices by Country

The average metal hot-worked helical spring export price stood at $X per ton in 2021, almost unchanged from the previous year. Overall, export price indicated measured growth from 2012 to 2021: its price increased at an average annual rate of +3.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, metal hot-worked helical spring export price increased by +61.1% against 2016 indices. The growth pace was the most rapid in 2017 an increase of 21%. Over the period under review, the average export prices hit record highs at $X per ton in 2020, and then shrank modestly in the following year.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the highest price was recorded for prices to India ($X per ton) and Brazil ($X per ton), while the average price for exports to China ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Hot-Worked Helical Springs

Imports into Israel

In 2021, supplies from abroad of iron or steel hot-worked helical springs increased by 31% 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 +3.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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 +3.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), the United States (X tons) and China (X tons) were the main suppliers of metal hot-worked helical spring imports to Israel, together accounting for 55% of total imports. Italy, Australia, Japan, Turkey, the UK and Hong Kong SAR lagged somewhat behind, together comprising a further 33%.

From 2012 to 2021, the biggest increases were recorded for Japan (with a CAGR of +30.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and China ($X) were the largest metal hot-worked helical spring suppliers to Israel, together accounting for 55% of total imports. Italy, Australia, Japan, Turkey, the UK and Hong Kong SAR lagged somewhat behind, together comprising a further 33%.

Among the main suppliers, Japan, with a CAGR of +30.8%, 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

The average metal hot-worked helical spring import price stood at $X per ton in 2021, rising by 2.1% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 12%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Australia ($X per ton) and Turkey ($X per ton), while the price for Italy ($X per ton) and the UK ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+0.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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