Report Update: May 1, 2024

Sweden - Iron or Steel Leaf-Springs and Leaves - Market Analysis, Forecast, Size, Trends And Insights

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Price for Iron or Steel Leaf-Spring in Sweden - 2023

Price for Iron or Steel Leaf-Spring in Sweden (CIF) - 2022

In 2022, the average iron or steel leaf-spring import price amounted to $3,177 per ton, reducing by -4% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 6.9%. Over the period under review, average import prices reached the maximum at $3,310 per ton in 2021, and then fell slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($7,760 per ton), while the price for Romania ($2,129 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Steel Leaf-Spring in Sweden (FOB) - 2023

The average iron or steel leaf-spring export price stood at $6,566 per ton in June 2023, remaining relatively unchanged against the previous month. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 when the average export price increased by 15% against the previous month. As a result, the export price attained the peak level of $6,831 per ton. From November 2022 to June 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was the United States ($22,854 per ton), while the average price for exports to Germany ($4,511 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 France (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Leaf-Spring in Sweden

In 2022, the amount of iron or steel leaf-springs and leaves imported into Sweden expanded sharply to 9.6K tons, growing by 14% compared with the year before. The total import volume increased at an average annual rate of +7.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 31%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, iron or steel leaf-spring imports rose markedly to $31M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +8.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 38% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Iron or Steel Leaf-Spring in Sweden (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	6.3	4.1	8.2	9.7	15.5%
Spain	4.6	3.8	4.0	7.2	16.1%
Poland	2.6	3.4	5.8	5.5	28.4%
Austria	5.4	4.7	4.2	1.9	-29.4%
Romania	1.2	0.9	0.8	1.8	14.5%
Czech Republic	1.6	1.1	1.5	0.9	-17.5%
Belgium	0.4	0.5	0.5	0.6	14.5%
Others	2.0	2.0	3.1	3.1	15.7%
Total	24.2	20.4	28.0	30.6	8.1%

Top Suppliers of Iron or Steel Leaf-Spring to Sweden in 2022:

France (3.8K tons)
Spain (2.5K tons)
Poland (1.4K tons)
Romania (0.8K tons)
Czech Republic (0.3K tons)
Austria (0.2K tons)
Belgium (0.1K tons)

Exports of Iron or Steel Leaf-Spring in Sweden

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 -11.4% to 1.7K tons. The total export volume increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 16%. As a result, the exports attained the peak of 1.9K tons, and then dropped in the following year.

In value terms, iron or steel leaf-spring exports dropped to $9.8M in 2022. The total export value increased at an average annual rate of +4.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 14% against the previous year. As a result, the exports attained the peak of $11M, and then dropped in the following year.

Export of Iron or Steel Leaf-Spring in Sweden (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	1,294	1,489	2,290	2,393	22.7%
United Kingdom	1,127	970	1,630	1,489	9.7%
Denmark	656	694	816	1,096	18.7%
Norway	501	562	796	864	19.9%
Australia	668	593	817	787	5.6%
United States	670	369	656	651	-1.0%
Finland	285	338	321	309	2.7%
France	127	208	208	299	33.0%
Ukraine	151	177	244	195	8.9%
Russia	546	923	496	1.4	-86.3%
Others	2,611	2,962	2,351	1,750	-12.5%
Total	8,634	9,286	10,624	9,836	4.4%

Top Export Markets for Iron or Steel Leaf-Spring from Sweden in 2022:

Germany (651.5 tons)
United Kingdom (355.7 tons)
Australia (175.5 tons)
Denmark (84.1 tons)
Norway (59.4 tons)
Finland (54.2 tons)
United States (53.0 tons)
France (48.4 tons)
Ukraine (38.2 tons)
Russia (0.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for iron or steel leaf-spring in Sweden. 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:

Sweden

Data coverage:

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