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

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

For the third year in a row, the Spanish market for iron or steel flat spiral or discs springs recorded decline in sales value, which decreased by -22.8% to $X in 2021. Overall, consumption saw a noticeable decrease. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

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

In value terms, metal spiral or discs spring production fell notably to $X in 2021 estimated in export price. Overall, production showed a deep contraction. The most prominent rate of growth was recorded in 2015 with an increase of 95%. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

Exports of Iron or Steel Flat Spiral or Discs Springs

Exports from Spain

In 2021, overseas shipments of iron or steel flat spiral or discs springs were finally on the rise to reach X tons after four years of decline. In general, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 46%. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, metal spiral or discs spring exports totaled $X in 2021. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when exports increased by 19% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X tons), Portugal (X tons) and France (X tons) were the main destinations of metal spiral or discs spring exports from Spain, together accounting for 44% of total exports. Poland, Italy, Morocco, the United States, Turkey, the Czech Republic, Romania, China and Mexico lagged somewhat behind, together comprising a further 37%.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +18.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and France ($X) were the largest markets for metal spiral or discs spring exported from Spain worldwide, together comprising 42% of total exports. These countries were followed by Portugal, Romania, Italy, the United States, China, the Czech Republic, Morocco, Turkey and Mexico, which together accounted for a further 44%.

Romania, with a CAGR of +21.8%, saw the highest growth rate of the value of exports, in terms of 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 export price for iron or steel flat spiral or discs springs stood at $X per ton in 2021, waning by -19.8% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by 76% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Romania ($X per ton), while the average price for exports to Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+21.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Flat Spiral or Discs Springs

Imports into Spain

In 2021, approx. X tons of iron or steel flat spiral or discs springs were imported into Spain; surging by 21% compared with the previous year. Overall, total imports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -12.5% against 2019 indices. The pace of growth was the most pronounced in 2014 with an increase of 46%. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, metal spiral or discs spring imports expanded significantly to $X in 2021. In general, total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +67.9% against 2013 indices. The most prominent rate of growth was recorded in 2018 with an increase of 20% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Italy (X tons), France (X tons) and Germany (X tons) were the main suppliers of metal spiral or discs spring imports to Spain, with a combined 56% share of total imports. Croatia, Romania, China, Turkey, Portugal and the Czech Republic lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2021, the biggest increases were recorded for Croatia (with a CAGR of +106.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Italy ($X) appeared to be the largest metal spiral or discs spring suppliers to Spain, with a combined 62% share of total imports. China, Romania, Croatia, Turkey, Portugal and the Czech Republic lagged somewhat behind, together comprising a further 20%.

Croatia, with a CAGR of +111.7%, 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 import price for iron or steel flat spiral or discs springs stood at $X per ton in 2021, declining by -9.3% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 38% against the previous year. As a result, import price attained the peak level of $X per ton, and then dropped in the following year.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for Croatia ($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 Czech Republic (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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