Report Update Feb 1, 2025

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

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Puerto Rico: Market for Iron or Steel Flat Spiral or Discs Springs 2025

Market Size for Iron or Steel Flat Spiral or Discs Springs in Puerto Rico

After two years of decline, the Puerto Rican market for iron or steel flat spiral or discs springs increased by 30% to $X in 2021. Overall, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Production of Iron or Steel Flat Spiral or Discs Springs in Puerto Rico

In value terms, metal spiral or discs spring production skyrocketed to $X in 2021 estimated in export price. Overall, the total production indicated a modest expansion from 2012 to 2021: its value increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -33.9% against 2018 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by 82%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Exports of Iron or Steel Flat Spiral or Discs Springs

Exports by Country

The shipments of the three major exporters of iron or steel flat spiral or discs springs, namely China, Germany and Poland, represented more than third of total export. The United States (X tons) ranks next in terms of the total exports with a 7.1% share, followed by Italy (6.5%) and the Czech Republic (4.8%). Spain (X tons), Taiwan (Chinese) (X tons), Thailand (X tons), France (X tons), Turkey (X tons), Romania (X tons) and India (X tons) took a relatively small share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Romania (with a CAGR of +28.6%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest metal spiral or discs spring supplier from Puerto Rico, comprising 24% of global exports. The second position in the ranking was held by the United States ($X), with a 9.6% share of global exports. It was followed by China, with an 8.3% share.

From 2012 to 2021, the average annual growth rate of value in Germany was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: the United States (+3.3% per year) and China (+7.9% per year).

Imports of Iron or Steel Flat Spiral or Discs Springs

Imports by Country

In 2021, Mexico (X tons), the United States (X tons) and the UK (X tons) was the key importer of iron or steel flat spiral or discs springs in the world, constituting 27% of total import. Germany (X tons) took a 5.1% share (based on physical terms) of total imports, which put it in second place, followed by Poland (4.6%). Canada (X tons), Malaysia (X tons), India (X tons), Thailand (X tons), Hungary (X tons), Romania (X tons), the Czech Republic (X tons) and Italy (X tons) held a minor 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 Malaysia (with a CAGR of +9.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and Thailand ($X) constituted the countries with the highest levels of imports in 2021, together accounting for 22% of total imports. Poland, India, Mexico, the UK, the Czech Republic, Canada, Malaysia, Italy, Hungary and Romania lagged somewhat behind, together accounting for a further 34%.

In terms of the main importing countries, Malaysia, with a CAGR of +5.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for 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 flat spiral or discs springs in the world?

The country with the largest volume of metal spiral or discs spring consumption was China, accounting for 28% of total volume. Moreover, metal spiral or discs spring consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. Germany ranked third in terms of total consumption with a 10% share.

What are the largest producers of iron or steel flat spiral or discs springs in the world?

The country with the largest volume of metal spiral or discs spring production was China, accounting for 31% of total volume. Moreover, metal spiral or discs spring production in China exceeded the figures recorded by the second-largest producer, Germany, threefold. India ranked third in terms of total production with an 11% share.

What are the leading suppliers of iron or steel flat spiral or discs springs to Puerto Rico?

In value terms, the largest metal spiral or discs spring importing markets into Puerto Rico were the United States, Germany and Thailand, with a combined 22% share of total imports. These countries were followed by Poland, India, Mexico, the UK, the Czech Republic, Canada, Malaysia, Hungary, Romania and Vietnam, which together accounted for a further 34%.

What are the leading importers of iron or steel flat spiral or discs springs from Puerto Rico?

In value terms, Germany remains the largest metal spiral or discs spring supplier from Puerto Rico, comprising 25% of global exports. The second position in the ranking was occupied by the United States, with a 9.7% share of global exports. It was followed by China, with an 8.4% share.

What is the average export price for iron or steel flat spiral or discs springs in Puerto Rico?

The iscs springs in Puerto Rico stood at less than $0.1 per ton in 2021, remaining relatively unchanged against the previous year.

What is the average import price for iron or steel flat spiral or discs springs in Puerto Rico?

In 2021, the iscs springs in Puerto Rico amounted to less than $0.1 per ton, flattening at the previous year.

This report provides an in-depth analysis of the market for metal spiral or discs 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 25931653 - Iron or steel flat spiral springs
Prodcom 25931655 - Iron or steel discs springs
Prodcom 25931660 - Iron or steel springs (excluding leaf-springs and leaves therefor, helical springs, flat spiral springs, discs 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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024