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

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

In 2022, the Dutch iron or steel leaf-spring market increased by 129% to $X, rising for the fifth consecutive year after three years of decline. Over the period under review, consumption posted a resilient increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Iron or Steel Leaf-Springs and Leaves in the Netherlands

In value terms, iron or steel leaf-spring production totaled $X in 2022 estimated in export price. In general, production posted modest growth. The most prominent rate of growth was recorded in 2013 when the production volume increased by 69%. Iron or steel leaf-spring production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Iron or Steel Leaf-Springs and Leaves

Exports from the Netherlands

In 2022, exports of iron or steel leaf-springs and leaves from the Netherlands shrank rapidly to X tons, with a decrease of -69.7% against 2021 figures. Overall, exports showed a noticeable decline. The growth pace was the most rapid in 2021 with an increase of 66%. As a result, the exports attained the peak of X tons, and then contracted dramatically in the following year.

In value terms, iron or steel leaf-spring exports fell dramatically to $X in 2022. Over the period under review, exports continue to indicate a mild shrinkage. The growth pace was the most rapid in 2021 when exports increased by 60%. As a result, the exports attained the peak of $X, and then fell significantly in the following year.

Exports by Country

South Africa (X tons), Germany (X tons) and Brazil (X tons) were the main destinations of iron or steel leaf-spring exports from the Netherlands, with a combined 45% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of +135.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for iron or steel leaf-spring exported from the Netherlands were South Africa ($X), Germany ($X) and Belgium ($X), together accounting for 36% of total exports. Brazil, the United States, the UK, Spain and Russia lagged somewhat behind, together comprising a further 18%.

Brazil, with a CAGR of +97.1%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average iron or steel leaf-spring export price stood at $X per ton in 2022, surging by 44% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+4.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Iron or Steel Leaf-Springs and Leaves

Imports into the Netherlands

In 2022, iron or steel leaf-spring imports into the Netherlands reduced to X tons, falling by -9.7% on the previous year's figure. Over the period under review, total imports indicated a notable expansion from 2012 to 2022: its volume increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 68% against the previous year. As a result, imports reached the peak of X tons, and then fell in the following year.

In value terms, iron or steel leaf-spring imports stood at $X in 2022. Overall, total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.9% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 70% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of iron or steel leaf-spring to the Netherlands, with a 42% share of total imports. Moreover, iron or steel leaf-spring imports from Spain exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The Czech Republic (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from Spain amounted to +7.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.1% per year) and the Czech Republic (-5.2% per year).

In value terms, the largest iron or steel leaf-spring suppliers to the Netherlands were Spain ($X), Germany ($X) and the Czech Republic ($X), with a combined 72% share of total imports. Romania, Hungary, Belgium, India and France lagged somewhat behind, together comprising a further 25%.

Romania, with a CAGR of +120.6%, saw 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, growing by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2018 an increase of 12% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :