Report Update Nov 1, 2024

Puerto Rico - Iron or Steel Hot-Worked Helical Springs - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Market for Iron or Steel Hot-Worked Helical Springs 2024

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

In 2021, the Puerto Rican metal hot-worked helical spring market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, saw a noticeable contraction. Puerto Rico consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Iron or Steel Hot-Worked Helical Springs in Puerto Rico

In value terms, metal hot-worked helical spring production totaled $X in 2021 estimated in export price. Over the period under review, production, however, saw a perceptible decline. The most prominent rate of growth was recorded in 2016 when the production volume increased by 15%. Puerto Rico production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Iron or Steel Hot-Worked Helical Springs

Exports from Puerto Rico

Metal hot-worked helical spring exports from Puerto Rico totaled less than X kg in 2021, almost unchanged from 2020 figures. In general, exports showed a relatively flat trend pattern.

In value terms, metal hot-worked helical spring exports amounted to less than $X in 2021. Over the period under review, exports showed a relatively flat trend pattern.

Exports by Country

In 2021, Germany (X tons), distantly followed by China (X tons), the United States (X tons), Mexico (X tons), Poland (X tons) and the Czech Republic (X tons) were the main exporters of iron or steel hot-worked helical springs, together constituting 70% of total exports. Japan (X tons), Turkey (X tons), Sweden (X tons), Hungary (X tons), the Netherlands (X tons), the UK (X tons) and France (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +20.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest metal hot-worked helical spring supplier from Puerto Rico, comprising 27% of global exports. The second position in the ranking was taken by the United States ($X), with a 13% share of global exports. It was followed by China, with a 10% share.

In Germany, metal hot-worked helical spring exports expanded at an average annual rate of +3.3% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the United States (+1.2% per year) and China (+11.3% per year).

Export Prices by Country

The export price in Puerto Rico stood at less than $X per ton in 2021, remaining constant against the previous year. Overall, the export price recorded a relatively flat trend pattern.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+10.7%), while the other leaders experienced more modest paces of growth.

Imports of Iron or Steel Hot-Worked Helical Springs

Imports into Puerto Rico

In 2021, metal hot-worked helical spring imports into Puerto Rico was estimated at less than X kg, remaining relatively unchanged against 2020 figures. In general, imports saw a relatively flat trend pattern.

In value terms, metal hot-worked helical spring imports stood at less than $X in 2021. Overall, imports continue to indicate a relatively flat trend pattern.

Imports by Country

In 2021, the United States (X tons), followed by Mexico (X tons), Germany (X tons), Canada (X tons) and Poland (X tons) represented the key importers of iron or steel hot-worked helical springs, together making up 48% of total imports. Russia (X tons), the UK (X tons), China (X tons), the Czech Republic (X tons), France (X tons), Belgium (X tons), Slovakia (X tons) and Romania (X tons) took a little share of total imports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +12.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Mexico ($X) and Germany ($X) were the countries with the highest levels of imports in 2021, with a combined 32% share of total imports. These countries were followed by China, Canada, Poland, the Czech Republic, Russia, the UK, France, Romania, Slovakia and Belgium, which together accounted for a further 35%.

Slovakia, with a CAGR of +11.0%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Puerto Rico amounted to less than $X per ton, standing approx. at the previous year. Overall, the import price showed a relatively flat trend pattern.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while Canada ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+11.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron or steel hot-worked helical springs in the world?

The country with the largest volume of metal hot-worked helical spring consumption was China, comprising approx. 29% of total volume. Moreover, metal hot-worked helical spring consumption 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 10% share.

What are the largest producers of iron or steel hot-worked helical springs in the world?

The country with the largest volume of metal hot-worked helical spring production was China, accounting for 30% of total volume. Moreover, metal hot-worked helical spring production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with an 11% share.

What are the leading suppliers of iron or steel hot-worked helical springs to Puerto Rico?

In value terms, Mexico, China and the United States appeared to be the countries with the highest levels of imports in 2020, together accounting for 32% of total imports. Germany, Canada, the Czech Republic, Poland, Russia, the UK, France, Romania, Slovakia and Belgium lagged somewhat behind, together accounting for a further 34%.

What are the leading importers of iron or steel hot-worked helical springs from Puerto Rico?

In value terms, Germany remains the largest metal hot-worked helical spring supplier from Puerto Rico, comprising 27% of global exports. The second position in the ranking was occupied by the United States, with a 12% share of global exports. It was followed by China, with a 9.9% share.

What is the average export price for iron or steel hot-worked helical springs in Puerto Rico?

The metal hot-worked helical spring export price in Puerto Rico stood at $less than 0.1 per ton in 2020, almost unchanged from the previous year.

What is the average import price for iron or steel hot-worked helical springs in Puerto Rico?

In 2020, the metal hot-worked helical spring import price in Puerto Rico amounted to $less than 0.1 per ton, approximately reflecting the previous year.

This report provides an in-depth analysis of the market for metal hot-worked helical spring in Puerto Rico. 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 25931631 - Iron or steel hot-worked helical springs
Prodcom 25931633 - Iron or steel cold-formed helical coil compression springs
Prodcom 25931635 - Iron or steel cold-formed helical coil tension springs
Prodcom 25931637 - Iron or steel cold-formed helical springs (excluding helical coil compression springs, helical coil tension springs)

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
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