Peru - Iron Or Steel Hot-Worked Helical Springs - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Peru - Iron Or Steel Hot-Worked Helical Springs - Market Analysis, Forecast, Size, Trends And Insights

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Price for Metal Hot-Worked Helical Spring in Peru - 2021

Contents:

  1. Price for Metal Hot-Worked Helical Spring in Peru (CIF) - 2021
  2. Price for Metal Hot-Worked Helical Spring in Peru (FOB) - 2022
  3. Imports of Metal Hot-Worked Helical Spring in Peru
  4. Exports of Metal Hot-Worked Helical Spring in Peru

Price for Metal Hot-Worked Helical Spring in Peru (CIF) - 2021

In April 2020, the average metal hot-worked helical spring import price amounted to $4,014 per ton, reducing by -5.8% against the previous month. Overall, the import price saw a abrupt curtailment. The pace of growth appeared the most rapid in March 2020 an increase of 22% against the previous month. The import price peaked at $4,803 per ton in January 2020; however, from February 2020 to April 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In April 2020, the country with the highest price was the United States ($33,714 per ton), while the price for China ($1,623 per ton) was amongst the lowest.

From January 2020 to April 2020, the most notable rate of growth in terms of prices was attained by Brazil (+40.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Metal Hot-Worked Helical Spring in Peru (FOB) - 2022

The average metal hot-worked helical spring export price stood at $20,834 per ton in 2022, surging by 2.5% against the previous year. In general, the export price, however, showed a pronounced descent. The most prominent rate of growth was recorded in 2020 an increase of 22% against the previous year. Over the period under review, the average export prices reached the maximum at $27,784 per ton in 2012; however, from 2013 to 2022, the 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 the United States ($41,522 per ton), while the average price for exports to Haiti ($5,887 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 Colombia (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Metal Hot-Worked Helical Spring in Peru

In 2022, imports of iron or steel hot-worked helical springs into Peru contracted dramatically to 1.5K tons, falling by -23.3% compared with the previous year. Overall, imports, however, saw a prominent increase. The growth pace was the most rapid in 2021 when imports increased by 113% against the previous year. As a result, imports attained the peak of 2K tons, and then reduced markedly in the following year.

In value terms, metal hot-worked helical spring imports shrank markedly to $4.7M in 2022. In general, total imports indicated modest growth from 2019 to 2022: its value increased at an average annual rate of +1.4% 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 +48.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 98% against the previous year. As a result, imports reached the peak of $6.2M, and then dropped significantly in the following year.

Import of Metal Hot-Worked Helical Spring in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9708511,7501,30710.5%
United States1,2996571,3791,029-7.5%
Germany6454218686480.2%
Brazil19324639429415.1%
Australia80.016420515324.1%
Others1,3248161,6441,266-1.5%
Total4,5113,1546,2394,6971.4%

Top Suppliers of Metal Hot-Worked Helical Spring to Peru in 2022:

  1. China (961.6 tons)
  2. Germany (290.3 tons)
  3. United States (55.9 tons)
  4. Brazil (34.4 tons)
  5. Australia (32.6 tons)

Exports of Metal Hot-Worked Helical Spring in Peru

In 2022, approx. 4.5 tons of iron or steel hot-worked helical springs were exported from Peru; falling by -34.8% on the previous year's figure. Over the period under review, exports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2021 when exports increased by 227% against the previous year. As a result, the exports reached the peak of 6.9 tons, and then fell markedly in the following year.

In value terms, metal hot-worked helical spring exports dropped rapidly to $93K in 2022. In general, exports saw a slight descent. The growth pace was the most rapid in 2021 when exports increased by 197% against the previous year. As a result, the exports reached the peak of $139K, and then contracted markedly in the following year.

Export of Metal Hot-Worked Helical Spring in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States44.45.625.825.2-17.2%
Mexico2.115.97.013.083.6%
Chile9.61.023.69.60.0%
Guyana17.52.00.28.4-21.7%
BrazilN/A10.51.67.6-14.9%
Colombia6.33.010.36.0-1.6%
Bolivia6.30.311.74.8-8.7%
Argentina2.30.28.23.413.9%
HaitiN/AN/A3.21.3-59.4%
Others8.08.647.914.020.5%
Total96.547.013993.3-1.1%

Top Export Markets for Metal Hot-Worked Helical Spring from Peru in 2022:

  1. Mexico (1602.0 kg)
  2. United States (607.0 kg)
  3. Brazil (401.0 kg)
  4. Bolivia (388.0 kg)
  5. Chile (369.0 kg)
  6. Argentina (243.0 kg)
  7. Haiti (222.0 kg)
  8. Guyana (193.0 kg)
  9. Colombia (165.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for metal hot-worked helical spring in Peru. 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 25931631 - Iron or steel hot-worked helical springs
  • Prodcom 25931633 - Iron or steel cold-formed helical coil compression springs
  • Prodcom 25931635 - Iron or steel cold-formed helical coil tension springs
  • Prodcom 25931637 - Iron or steel cold-formed helical springs (excluding helical coil compression springs, helical coil tension springs)

Country coverage:

  • Peru

Data coverage:

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

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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