Iron or Steel Helical Springs Market

Iron or steel helical springs market: get access to new data empowered by an Ai-driven BI tool. Info cover companies, market prices, production, trade, market size, consumption, exports, and imports. There is a split by region, including the U.K., EU, the Middle East, Africa, Latin America, the U.S., Russia, and China. Market dynamics and forecast to 2030 are also provided in the dashboards.


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Iron or Steel Helical Springs - World's Largest Markets

RatingCountry
1China
2United States
3Japan
4India
5Brazil

In value terms, the largest iron or steel helical springs markets worldwide were China, the United States and Japan, with a combined 47% share of the global market. India, Brazil, Mexico, Russia, South Korea, Italy, Canada and Turkey lagged somewhat behind, together accounting for a further 28%.

Among the main consuming countries, Mexico saw the highest growth rate of market size, over the period under review, while iron or steel helical springs market for the other global leaders experienced more modest paces of growth.

Iron Or Steel Helical Springs Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Turkey1617149116400.7%
Poland319131833047-2.3%
China404534233754-3.7%
Mexico405236713962-1.1%
Czech Republic587554444231-15.1%
Hungary464645944534-1.2%
Sweden535548864812-5.2%
United States4967507051902.2%
Germany578553635411-3.3%
Italy38513896542718.7%
United Kingdom628962296125-1.3%
France6093709766704.6%
Japan1315913332138292.5%
Average547551845200-2.5%

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($13,829 per ton), while Turkey ($1,640 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
China125781263112176-1.6%
Mexico52195172716917.2%
Germany622561456147-0.6%
Czech Republic651965455762-6.0%
Romania39874554504912.5%
Slovakia495148624736-2.2%
France4425404344520.3%
Belgium473844234266-5.1%
Canada3734389142106.2%
Russia455544804136-4.7%
United States450843073952-6.4%
Poland389936803498-5.3%
United Kingdom25552864327113.1%
Average5201522155323.1%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was China ($12,176 per ton), while the UK ($3,271 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Mexico, while the other global leaders experienced more modest paces of growth.

Iron or Steel Helical Springs - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
Mexico0.30.30.47.4%
China0.40.30.3-5.1%
United States0.40.40.3-5.3%
Germany0.30.30.3-9.7%
Canada0.10.10.1-0.8%

In value terms, the largest iron or steel helical springs importing markets worldwide were Mexico ($361M), China ($317M) and the United States ($317M), together comprising 32% of global imports.

Among the main importing countries, Mexico saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced mixed trends in the imports figures.

Iron or Steel Helical Springs - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Germany10.90.8-7.6%
United States0.50.50.4-10.4%
China0.20.30.313.7%
Japan0.30.30.3-7.2%
Mexico0.20.20.1-9.8%

In value terms, Germany ($825M) remains the largest iron or steel helical springs supplier worldwide, comprising 27% of global exports. The second position in the ranking was occupied by the United States ($380M), with a 12% share of global exports. It was followed by China, with a 9.9% share.

From 2018 to 2020, the average annual rate of growth in terms of value in Germany amounted to -7.6%. The remaining exporting countries recorded the following average annual rates of exports growth: the United States (-10.4% per year) and China (+13.7% per year).

Iron or Steel Helical Springs - Market Forecast

Driven by rising demand for iron or steel helical springs worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Iron or Steel Helical Springs - Product Coverage

  • HS 732020 - Iron or steel; helical springs and leaves for springs
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World - Iron or Steel Hot-Worked Helical Springs - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the global market for metal hot-worked helical spring.

Eastern Asia - Iron or Steel Hot-Worked Helical Springs - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the market for metal hot-worked helical spring in Eastern Asia.

Australia and Oceania - Iron or Steel Hot-Worked Helical Springs - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the market for metal hot-worked helical spring in Australia and Oceania.

CIS - Iron or Steel Hot-Worked Helical Springs - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the market for metal hot-worked helical spring in CIS.

Latin America and the Caribbean - Iron or Steel Hot-Worked Helical Springs - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the market for metal hot-worked helical spring in Latin America and the Caribbean.

Southern Asia - Iron or Steel Hot-Worked Helical Springs - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the market for metal hot-worked helical spring in Southern Asia.

Northern America - Iron or Steel Hot-Worked Helical Springs - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the market for metal hot-worked helical spring in Northern America.

Asia-Pacific - Iron or Steel Hot-Worked Helical Springs - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the market for metal hot-worked helical spring in Asia-Pacific.

South-Eastern Asia - Iron or Steel Hot-Worked Helical Springs - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the market for metal hot-worked helical spring in South-Eastern Asia.

Western Africa - Iron or Steel Hot-Worked Helical Springs - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the market for metal hot-worked helical spring in Western Africa.

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