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

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

After two years of decline, the MERCOSUR metal hot-worked helical spring market increased by 7.7% to $X in 2021. Overall, consumption, however, continues to indicate a slight downturn. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

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

In value terms, metal hot-worked helical spring production expanded to $X in 2021 estimated in export price. In general, production, however, recorded a slight contraction. The most prominent rate of growth was recorded in 2014 when the production volume increased by 22%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Exports of Iron or Steel Hot-Worked Helical Springs

Exports in MERCOSUR

In 2021, overseas shipments of iron or steel hot-worked helical springs increased by 30% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a noticeable shrinkage. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, metal hot-worked helical spring exports soared to $X in 2021. Overall, exports, however, continue to indicate a noticeable contraction. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Brazil dominates exports structure, reaching X tons, which was near 85% of total exports in 2021. Colombia (X tons) held the second position in the ranking, followed by Argentina (X tons). All these countries together held near 15% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to metal hot-worked helical spring exports from Brazil stood at -1.6%. Colombia experienced a relatively flat trend pattern. Argentina (-14.4%) illustrated a downward trend over the same period. While the share of Brazil (+13 p.p.) and Colombia (+2.1 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Argentina (-11.3 p.p.) displayed negative dynamics.

In value terms, Brazil ($X) remains the largest metal hot-worked helical spring supplier in MERCOSUR, comprising 90% of total exports. The second position in the ranking was taken by Argentina ($X), with a 5.5% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Brazil stood at -2.2%. In the other countries, the average annual rates were as follows: Argentina (-11.4% per year) and Colombia (-5.7% per year).

Export Prices by Country

In 2021, the export price in MERCOSUR amounted to $X per ton, flattening at the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 8.8% against the previous year. The level of export peaked at $X per ton in 2020, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Brazil ($X per ton), while Colombia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+3.6%), while the other leaders experienced a decline in the export price figures.

Imports of Iron or Steel Hot-Worked Helical Springs

Imports in MERCOSUR

Metal hot-worked helical spring imports surged to X tons in 2021, increasing by 68% on 2020. In general, imports saw a relatively flat trend pattern. 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 surged to $X in 2021. Over the period under review, imports, however, saw a mild shrinkage. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Brazil (X tons) and Chile (X tons) represented roughly 66% of total imports in 2021. Peru (X tons) took the next position in the ranking, followed by Argentina (X tons) and Colombia (X tons). All these countries together took near 27% share of total imports. Ecuador (X tons) took a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Chile (with a CAGR of +21.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) constitutes the largest market for imported iron or steel hot-worked helical springs in MERCOSUR, comprising 54% of total imports. The second position in the ranking was held by Chile ($X), with a 16% share of total imports. It was followed by Argentina, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Brazil totaled +1.4%. In the other countries, the average annual rates were as follows: Chile (+6.2% per year) and Argentina (-5.3% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2021, falling by -8.4% against the previous year. Over the period under review, the import price showed a slight curtailment. The pace of growth was the most pronounced in 2014 an increase of 8.6% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Colombia (+2.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform