Report Update: May 18, 2024

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

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Price for Iron or Steel Leaf-Spring in the UK - 2023

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

The average iron or steel leaf-spring import price stood at $3,925 per ton in 2022, jumping by 18% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 23% against the previous year. Over the period under review, average import prices reached the peak figure at $4,043 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($7,462 per ton), while the price for India ($2,278 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Steel Leaf-Spring in the UK (FOB) - 2022

In 2022, the average iron or steel leaf-spring export price amounted to $10,114 per ton, reducing by -20.9% against the previous year. In general, the export price saw a perceptible shrinkage. The growth pace was the most rapid in 2016 when the average export price increased by 30% against the previous year. As a result, the export price reached the peak level of $18,473 per ton. From 2017 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($37,810 per ton), while the average price for exports to France ($3,433 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Leaf-Spring in the UK

In 2022, supplies from abroad of iron or steel leaf-springs and leaves decreased by -12.3% to 9K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 21%. As a result, imports attained the peak of 10K tons, and then dropped in the following year.

In value terms, iron or steel leaf-spring imports totaled $35M in 2022. The total import value increased at an average annual rate of +8.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 31%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.

Import of Iron or Steel Leaf-Spring in the UK (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	7.6	6.2	5.8	7.7	0.4%
India	2.6	2.2	3.5	4.7	21.8%
Belgium	2.2	2.5	2.5	3.4	15.6%
China	1.9	1.9	3.2	3.2	19.0%
Czech Republic	2.6	1.7	4.6	2.6	0.0%
Hungary	1.9	1.4	3.4	2.4	8.1%
Turkey	1.4	2.4	2.5	2.1	14.5%
Romania	0.2	0.2	1.0	1.7	104.1%
Canada	1.4	0.7	1.0	1.0	-10.6%
Sweden	1.2	1.1	1.7	1.0	-5.9%
France	1.2	1.2	1.8	0.7	-16.4%
Netherlands	1.5	2.2	0.3	0.6	-26.3%
Others	1.7	2.3	3.0	4.2	35.2%
Total	27.3	26.2	34.2	35.4	9.0%

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

India (2054.6 tons)
Germany (1492.3 tons)
China (1293.8 tons)
Czech Republic (670.7 tons)
Turkey (662.4 tons)
Belgium (534.4 tons)
Romania (524.8 tons)
Hungary (432.1 tons)
Canada (245.3 tons)
Sweden (203.3 tons)
France (107.7 tons)
Netherlands (82.6 tons)

Exports of Iron or Steel Leaf-Spring in the UK

In 2022, approx. 825 tons of iron or steel leaf-springs and leaves were exported from the UK; growing by 54% compared with the previous year's figure. The total export volume increased at an average annual rate of +6.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, iron or steel leaf-spring exports surged to $8.3M in 2022. In general, exports, however, recorded a pronounced decrease.

Export of Iron or Steel Leaf-Spring in the UK (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	528	609	572	1,246	33.1%
Italy	1,129	992	1,255	1,186	1.7%
Germany	230	233	352	933	59.5%
Brazil	877	1,055	445	650	-9.5%
China	1,028	2,243	675	603	-16.3%
India	871	523	464	548	-14.3%
Ireland	576	643	561	414	-10.4%
France	169	164	138	211	7.7%
Netherlands	218	234	252	194	-3.8%
Czech Republic	21.6	45.6	88.6	177	101.6%
Sweden	9.3	10.4	214	81.6	106.3%
Belgium	272	152	72.0	57.6	-40.4%
Others	3,145	2,817	1,781	2,045	-13.4%
Total	9,075	9,721	6,870	8,346	-2.8%

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

Italy (225.3 tons)
Germany (172.6 tons)
Ireland (97.3 tons)
France (61.4 tons)
United States (46.6 tons)
China (28.5 tons)
India (25.6 tons)
Sweden (23.5 tons)
Brazil (17.2 tons)
Netherlands (14.9 tons)
Czech Republic (14.2 tons)
Belgium (5.2 tons)

Source: IndexBox Market Intelligence Platform

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

United Kingdom

Data coverage:

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