Japan - 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 Japan - 2023
Contents:
- Price for Iron or Steel Leaf-Spring in Japan (FOB) - 2023
- Price for Iron or Steel Leaf-Spring in Japan (CIF) - 2023
- Exports of Iron or Steel Leaf-Spring in Japan
- Imports of Iron or Steel Leaf-Spring in Japan
Price for Iron or Steel Leaf-Spring in Japan (FOB) - 2023
In July 2023, the average iron or steel leaf-spring export price amounted to $6,616 per ton, growing by 16% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in August 2022 an increase of 26% month-to-month. The export price peaked at $8,365 per ton in October 2022; however, from November 2022 to July 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was China ($45,024 per ton), while the average price for exports to the United Arab Emirates ($1,500 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+5.3%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Iron or Steel Leaf-Spring in Japan (CIF) - 2023
In July 2023, the average iron or steel leaf-spring import price amounted to $2,210 per ton, surging by 1.6% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 6.8% month-to-month. The import price peaked at $2,506 per ton in December 2022; however, from January 2023 to July 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was South Korea ($2,327 per ton), while the price for Indonesia stood at $2,023 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by South Korea (+1.7%).
Exports of Iron or Steel Leaf-Spring in Japan
In 2022, approx. 9K tons of iron or steel leaf-springs and leaves were exported from Japan; shrinking by -6.3% on 2021 figures. Over the period under review, exports showed a mild setback. The pace of growth was the most pronounced in 2021 when exports increased by 52% against the previous year. As a result, the exports attained the peak of 9.6K tons, and then shrank in the following year.
In value terms, iron or steel leaf-spring exports fell modestly to $62M in 2022. The total export value increased at an average annual rate of +1.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 34%. As a result, the exports reached the peak of $63M, and then reduced slightly in the following year.
| Export of Iron or Steel Leaf-Spring in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 22.3 | 13.5 | 24.0 | 24.9 | 3.7% |
| China | 14.5 | 14.9 | 16.1 | 19.3 | 10.0% |
| Australia | 1.9 | 1.7 | 2.7 | 2.6 | 11.0% |
| Thailand | 4.0 | 3.9 | 2.9 | 2.3 | -16.8% |
| Portugal | 0.1 | 0.5 | 2.1 | 1.0 | 115.4% |
| Malaysia | 0.6 | 0.7 | 0.6 | 0.9 | 14.5% |
| United Arab Emirates | 0.8 | 0.6 | 0.5 | 0.8 | 0.0% |
| Taiwan (Chinese) | 0.9 | 0.6 | 0.9 | 0.7 | -8.0% |
| Others | 13.6 | 11.0 | 13.4 | 9.6 | -11.0% |
| Total | 58.7 | 47.3 | 63.4 | 62.0 | 1.8% |
Top Export Markets for Iron or Steel Leaf-Spring from Japan in 2022:
- United States (6267.8 tons)
- Australia (651.1 tons)
- China (412.1 tons)
- Portugal (272.4 tons)
- Taiwan (Chinese) (215.0 tons)
- United Arab Emirates (184.3 tons)
- Malaysia (135.9 tons)
- Thailand (128.1 tons)
Imports of Iron or Steel Leaf-Spring in Japan
In 2022, iron or steel leaf-spring imports into Japan expanded to 26K tons, increasing by 2.2% compared with 2021. The total import volume increased at an average annual rate of +3.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 26% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, iron or steel leaf-spring imports rose significantly to $61M in 2022. The total import value increased at an average annual rate of +5.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 25%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.
| Import of Iron or Steel Leaf-Spring in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 35.7 | 28.9 | 43.2 | 50.8 | 12.5% |
| China | 1.5 | 1.5 | 3.1 | 2.8 | 23.1% |
| South Korea | 2.6 | 2.8 | 3.1 | 2.8 | 2.5% |
| Thailand | 6.7 | 6.9 | 1.2 | 0.2 | -69.0% |
| Others | 5.2 | 3.5 | 3.9 | 4.2 | -6.9% |
| Total | 51.8 | 43.5 | 54.6 | 60.7 | 5.4% |
Top Suppliers of Iron or Steel Leaf-Spring to Japan in 2022:
- Indonesia (24.0K tons)
- South Korea (1.4K tons)
- China (0.4K tons)
- Thailand (0.1K tons)
This report provides an in-depth analysis of the market for iron or steel leaf-spring in Japan. 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:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- 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
- 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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Explore the top import markets for steel springs worldwide, including key statistics and import values. Learn about the leading countries in steel spring imports and their industrial sectors driving the demand.
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