Metal Hot-worked Helical Spring Market
Metal hot-worked helical spring market: get access to the latest data powered by an Ai-driven market research platform. Facts and figures cover production, companies, market size, consumption, exports, market prices, trade, and imports. Here is a breakdown by region, including the Middle East, the U.S., Africa, Russia, the U.K., China, Latin America, and EU. Market dynamics and forecast to 2030 are also provided in the reports.
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Metal Hot-worked Helical Spring - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | China |
| 2 | United States |
| 3 | Japan |
| 4 | India |
| 5 | Brazil |
In value terms, China, the United States and Japan appeared to be the countries with the highest levels of market value in 2021, with a combined 48% share of the global market. These countries were followed by India, Brazil, Russia, Mexico, Italy, Canada and Turkey, which together accounted for a further 25%.
Canada saw the highest growth rate of market size, in terms of the main consuming countries over the period under review, while metal hot-worked helical spring market for the other global leaders experienced more modest paces of growth.
Metal Hot-Worked Helical Spring Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| USD per ton | ||||
| Mexico | 3661 | 4086 | 710 | -56.0% |
| Poland | 3170 | 3042 | 3244 | 1.2% |
| China | 3352 | 3740 | 3552 | 2.9% |
| Czech Republic | 5442 | 4251 | 4553 | -8.5% |
| Sweden | 4887 | 4699 | 4858 | -0.3% |
| Hungary | 4790 | 4516 | 5004 | 2.2% |
| Germany | 5354 | 5417 | 6265 | 8.2% |
| United States | 5114 | 5708 | 6708 | 14.5% |
| Japan | 13223 | 14044 | 14434 | 4.5% |
| Average | 5149 | 5286 | 4490 | -6.6% |
There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Japan ($14,434 per ton), while Mexico ($710 per ton) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| USD per ton | ||||
| China | 12655 | 12360 | 12506 | -0.6% |
| Czech Republic | 6546 | 5490 | 6270 | -2.1% |
| Germany | 6145 | 6150 | 6109 | -0.3% |
| Mexico | 5169 | 5820 | 6097 | 8.6% |
| Romania | 4551 | 5043 | 5745 | 12.4% |
| Slovakia | 4868 | 3449 | 5479 | 6.1% |
| France | 4049 | 4400 | 5253 | 13.9% |
| United Kingdom | 2864 | 3270 | 4056 | 19.0% |
| Russia | 4480 | 4114 | 3924 | -6.4% |
| United States | 4315 | 3943 | 3858 | -5.4% |
| Poland | 4075 | 3484 | 3553 | -6.6% |
| Canada | 3891 | 4015 | 2936 | -13.1% |
| Belgium | 4419 | 3631 | 2594 | -23.4% |
| Average | 5199 | 5224 | 5281 | 0.8% |
Prices varied noticeably by the country of destination; the country with the highest price was China ($12,506 per ton), while Belgium ($2,594 per ton) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by the UK, while the other global leaders experienced more modest paces of growth.
Metal Hot-Worked Helical Spring - Top Importers
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| billion USD | ||||
| United States | 0.4 | 0.3 | 0.4 | 12.6% |
| Mexico | 0.3 | 0.2 | 0.4 | 18.2% |
| Germany | 0.3 | 0.3 | 0.3 | 5.5% |
| China | 0.3 | 0.3 | 0.3 | 0.0% |
| Canada | 0.1 | 0.1 | 0.2 | 4.1% |
In value terms, the United States ($448M), Mexico ($425M) and Germany ($350M) were the countries with the highest levels of imports in 2021, with a combined 33% share of global imports.
Among the main importing countries, Mexico saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Metal Hot-Worked Helical Spring - Top Exporters
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| billion USD | ||||
| Germany | 0.9 | 0.8 | 1 | 6.4% |
| United States | 0.5 | 0.4 | 0.5 | 1.0% |
| Japan | 0.3 | 0.3 | 0.3 | 3.2% |
| China | 0.3 | 0.3 | 0.3 | 4.6% |
| Czech Republic | 0.2 | 0.1 | 0.2 | 3.4% |
In value terms, Germany ($1B) remains the largest metal hot-worked helical spring supplier worldwide, comprising 28% of global exports. The second position in the ranking was occupied by the United States ($479M), with a 13% share of global exports. It was followed by Japan, with a 8.3% share.
In Germany, metal hot-worked helical spring exports expanded at an average annual rate of +6.4% over the period from 2019-2021. In the other countries, the average annual rates were as follows: the United States (+1.0% per year) and Japan (+3.2% per year).
Metal Hot-Worked Helical Spring - Market Forecast
Driven by increasing demand for metal hot-worked helical spring worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.
Metal Hot-worked Helical Spring - Product Coverage
- HS 732020 - Iron or steel; helical springs and leaves for springs
This report provides an in-depth analysis of the global market for metal hot-worked helical spring.
This report provides an in-depth analysis of the market for metal hot-worked helical spring in Eastern Asia.
This report provides an in-depth analysis of the market for metal hot-worked helical spring in Australia and Oceania.
This report provides an in-depth analysis of the market for metal hot-worked helical spring in the Middle East.
This report provides an in-depth analysis of the market for metal hot-worked helical spring in Latin America and the Caribbean.
This report provides an in-depth analysis of the market for metal hot-worked helical spring in Northern America.
This report provides an in-depth analysis of the market for metal hot-worked helical spring in Southern Asia.
This report provides an in-depth analysis of the market for metal hot-worked helical spring in South-Eastern Asia.
This report provides an in-depth analysis of the market for metal hot-worked helical spring in Central Asia.
This report provides an in-depth analysis of the market for metal hot-worked helical spring in Africa.
