Report Update: May 1, 2024

U.S. - Iron Or Steel Leaf-Springs And Leaves - Market Analysis, Forecast, Size, Trends And Insights

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Iron Or Steel Leaf-Spring And Leave Prices in the United States

U.S. Iron Or Steel Leaf-Spring And Leave Import Price in December 2021

In December 2021, the iron or steel leaf-spring and leave price amounted to $1,725 per ton (CIF, US), approximately equating the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2021 when the average import price increased by 1.6% against the previous month. As a result, import price attained the peak level of $1,740 per ton; afterwards, it flattened through to December 2021.

Average prices varied somewhat amongst the major supplying countries. In December 2021, the highest price was recorded for prices from India ($2,067 per ton) and Mexico ($1,717 per ton), while the price for China ($1,458 per ton) and Indonesia ($1,597 per ton) were amongst the lowest.

From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by China (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.

U.S. Iron Or Steel Leaf-Spring And Leave Imports

In December 2021, the amount of iron or steel leaf-springs and leaves imported into the United States shrank to 29K tons, which is down by -11.6% against the month before. In general, imports continue to indicate a mild decrease. The most prominent rate of growth was recorded in March 2021 with an increase of 35% month-to-month. As a result, imports attained the peak of 38K tons. From April 2021 to December 2021, the growth of imports of remained at a lower figure.

In value terms, imports of iron or steel leaf-springs and leaves fell to $50M (IndexBox estimates) in December 2021. Overall, imports showed a slight decline. The most prominent rate of growth was recorded in March 2021 when imports increased by 37% against the previous month. As a result, imports reached the peak of $64M. From April 2021 to December 2021, the growth of imports of remained at a lower figure.

U.S. Iron Or Steel Leaf-Spring And Leave Imports by Country

In December 2021, Mexico (20K tons) constituted the largest iron or steel leaf-spring and leave supplier to the United States, with a 69% share of total imports. Moreover, imports of iron or steel leaf-springs and leaves from Mexico exceeded the figures recorded by the second-largest supplier, China (3.5K tons), sixfold. Canada (3.5K tons) ranked third in terms of total imports with a 12% share.

From January 2021 to December 2021, the average monthly growth rate of volume from Mexico amounted to -1.9%. The remaining supplying countries recorded the following average monthly rates of imports growth: China (+1.8% per month) and Canada (+0.5% per month).

In value terms, Mexico ($34M) constituted the largest supplier of iron or steel leaf-spring and leave to the United States, comprising 69% of total imports. The second position in the ranking was taken by Canada ($6M), with a 12% share of total imports. It was followed by China, with a 10% share.

From January 2021 to December 2021, the average monthly growth rate of value from Mexico totaled -1.9%. The remaining supplying countries recorded the following average monthly rates of imports growth: Canada (+0.5% per month) and China (+2.9% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for iron or steel leaf-spring and leave in the U.S.. 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 2025.

Product coverage:

Prodcom 25931613 - Iron or steel hot-worked laminated leaf-springs and leaves therefor
Prodcom 25931615 - Iron or steel hot-worked non-laminated leaf-springs and leaves therefor
Prodcom 25931617 - Iron or steel cold-formed leaf-springs and leaves therefor

Country coverage:

United States

Data coverage:

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