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

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

After two years of decline, the MERCOSUR market for iron or steel flat spiral or discs springs increased by 6.1% to $X in 2021. Overall, consumption, however, recorded a perceptible decrease. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

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

In value terms, metal spiral or discs spring production stood at $X in 2021 estimated in export price. Overall, production, however, recorded a pronounced reduction. The most prominent rate of growth was recorded in 2016 when the production volume increased by 15% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Iron or Steel Flat Spiral or Discs Springs

Exports in MERCOSUR

In 2021, shipments abroad of iron or steel flat spiral or discs springs increased by 32% to X tons for the first time since 2012, thus ending a eight-year declining trend. Over the period under review, exports, however, saw a deep downturn. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, metal spiral or discs spring exports soared to $X in 2021. In general, exports, however, showed a abrupt descent. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Brazil (X tons) represented roughly 98% of total exports in 2021.

Brazil was also the fastest-growing in terms of the iron or steel flat spiral or discs springs exports, with a CAGR of -17.4% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) also remains the largest metal spiral or discs spring supplier in MERCOSUR.

From 2012 to 2021, the average annual growth rate of value in Brazil stood at -12.6%.

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2021, rising by 8.2% against the previous year. Export price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +6.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, metal spiral or discs spring export price increased by +85.4% against 2016 indices. The most prominent rate of growth was recorded in 2017 an increase of 19% against the previous year. The level of export peaked in 2021 and is likely to continue growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Brazil.

From 2012 to 2021, the rate of growth in terms of prices for Brazil amounted to +5.9% per year.

Imports of Iron or Steel Flat Spiral or Discs Springs

Imports in MERCOSUR

In 2021, imports of iron or steel flat spiral or discs springs in MERCOSUR soared to X tons, picking up by 42% on the previous year's figure. In general, imports, however, showed a mild decrease. The volume of import peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, metal spiral or discs spring imports soared to $X in 2021. Overall, imports, however, continue to indicate a mild slump. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Brazil dominates imports structure, finishing at X tons, which was near 68% of total imports in 2021. Peru (X tons) held the second position in the ranking, followed by Argentina (X tons), Chile (X tons) and Colombia (X tons). All these countries together took approx. 23% share of total imports. Ecuador (X tons) and Paraguay (X tons) held a relatively small share of total imports.

Imports into Brazil decreased at an average annual rate of -2.2% from 2012 to 2021. At the same time, Colombia (+13.3%), Paraguay (+7.5%), Ecuador (+5.7%), Chile (+2.5%) and Peru (+1.5%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +13.3% from 2012-2021. By contrast, Argentina (-2.9%) illustrated a downward trend over the same period. Colombia (+3.6 p.p.), Ecuador (+1.7 p.p.) and Chile (+1.6 p.p.) significantly strengthened its position in terms of the total imports, while Brazil saw its share reduced by -5.1% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported iron or steel flat spiral or discs springs in MERCOSUR, comprising 80% of total imports. The second position in the ranking was held by Argentina ($X), with a 4.3% share of total imports. It was followed by Colombia, with a 3.5% share.

From 2012 to 2021, the average annual growth rate of value in Brazil was relatively modest. In the other countries, the average annual rates were as follows: Argentina (-5.1% per year) and Colombia (-1.0% per year).

Import Prices by Country

In 2021, the import price in MERCOSUR amounted to $X per ton, growing by 2.3% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 14% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Brazil ($X per ton), while Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+1.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform