Belgium - Iron or Steel Leaf-Springs and Leaves - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Iron or Steel Leaf-Spring in Belgium - 2023
Contents:
- Price for Iron or Steel Leaf-Spring in Belgium (FOB) - 2023
- Price for Iron or Steel Leaf-Spring in Belgium (CIF) - 2023
- Exports of Iron or Steel Leaf-Spring in Belgium
- Imports of Iron or Steel Leaf-Spring in Belgium
Price for Iron or Steel Leaf-Spring in Belgium (FOB) - 2023
The average iron or steel leaf-spring export price stood at $5,621 per ton in June 2023, waning by -3.9% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.0%. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 17% m-o-m. As a result, the export price reached the peak level of $6,058 per ton. From April 2023 to June 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the Czech Republic ($11,891 per ton), while the average price for exports to Brazil ($2,846 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Iron or Steel Leaf-Spring in Belgium (CIF) - 2023
The average iron or steel leaf-spring import price stood at $2,829 per ton in June 2023, reducing by -4.8% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 9.4% m-o-m. As a result, import price reached the peak level of $3,103 per ton. From February 2023 to June 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($10,043 per ton), while the price for China ($1,061 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Canada (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Iron or Steel Leaf-Spring in Belgium
In 2022, after three years of growth, there was significant decline in shipments abroad of iron or steel leaf-springs and leaves, when their volume decreased by -37.4% to 11K tons. In general, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 18%.
In value terms, iron or steel leaf-spring exports reduced dramatically to $62M in 2022. Over the period under review, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 15%. As a result, the exports reached the peak of $87M, and then fell markedly in the following year.
| Export of Iron or Steel Leaf-Spring in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 10.9 | 10.5 | 11.6 | 8.1 | -9.4% |
| Poland | 3.8 | 5.0 | 6.6 | 6.8 | 21.4% |
| United Kingdom | 7.1 | 7.7 | 7.2 | 5.6 | -7.6% |
| Spain | 9.6 | 8.3 | 6.8 | 5.4 | -17.5% |
| Indonesia | 1.7 | 1.3 | 3.2 | 3.6 | 28.4% |
| Russia | 6.1 | 6.8 | 8.3 | 3.4 | -17.7% |
| Romania | 2.7 | 3.0 | 3.6 | 3.3 | 6.9% |
| Netherlands | 2.5 | 2.7 | 4.4 | 3.2 | 8.6% |
| Italy | 1.9 | 1.8 | 3.2 | 2.4 | 8.1% |
| Portugal | 1.3 | 2.2 | 3.1 | 2.3 | 20.9% |
| Germany | 5.8 | 3.9 | 2.9 | 2.0 | -29.9% |
| Czech Republic | 2.2 | 2.5 | 2.9 | 1.6 | -10.1% |
| South Korea | 1.3 | 1.6 | 1.9 | 1.1 | -5.4% |
| Others | 17.7 | 18.4 | 21.5 | 12.9 | -10.0% |
| Total | 74.3 | 75.8 | 87.0 | 61.7 | -6.0% |
Top Export Markets for Iron or Steel Leaf-Spring from Belgium in 2022:
- Poland (1633.3 tons)
- Russia (1201.6 tons)
- France (1193.1 tons)
- Netherlands (751.4 tons)
- United Kingdom (749.0 tons)
- Indonesia (738.2 tons)
- Spain (692.4 tons)
- Romania (433.7 tons)
- South Korea (364.9 tons)
- Italy (306.9 tons)
- Czech Republic (254.8 tons)
- Germany (253.8 tons)
- Portugal (224.1 tons)
Imports of Iron or Steel Leaf-Spring in Belgium
In 2022, supplies from abroad of iron or steel leaf-springs and leaves decreased by -42.4% to 8.7K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports saw a noticeable setback. The pace of growth appeared the most rapid in 2020 when imports increased by 24% against the previous year.
In value terms, iron or steel leaf-spring imports declined notably to $25M in 2022. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 45% against the previous year.
| Import of Iron or Steel Leaf-Spring in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 11.1 | 12.6 | 17.4 | 11.3 | 0.6% |
| Spain | 3.5 | 5.2 | 6.8 | 3.0 | -5.0% |
| India | 2.6 | 2.9 | 4.6 | 2.5 | -1.3% |
| Germany | 2.8 | 3.0 | 3.5 | 2.4 | -5.0% |
| Czech Republic | 2.1 | 2.8 | 3.7 | 1.9 | -3.3% |
| Austria | 0.1 | 0.2 | 0.8 | 0.8 | 100.0% |
| Romania | 0.4 | 0.5 | 1.1 | 0.4 | 0.0% |
| Thailand | 0.6 | 2.2 | 0.1 | 0.1 | -45.0% |
| Others | 2.1 | 7.3 | 3.5 | 2.5 | 6.0% |
| Total | 25.4 | 36.8 | 41.5 | 24.8 | -0.8% |
Top Suppliers of Iron or Steel Leaf-Spring to Belgium in 2022:
- France (4178.8 tons)
- India (1435.4 tons)
- Spain (1120.1 tons)
- Czech Republic (627.6 tons)
- Austria (345.0 tons)
- Germany (304.4 tons)
- Romania (219.7 tons)
- Thailand (5.4 tons)
This report provides an in-depth analysis of the market for iron or steel leaf-spring in Belgium. 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 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:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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