Singapore - Iron Or Steel Hot-Worked Helical Springs - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Metal Hot-Worked Helical Spring in Singapore - 2022
Contents:
- Price for Metal Hot-Worked Helical Spring in Singapore (CIF) - 2022
- Price for Metal Hot-Worked Helical Spring in Singapore (FOB) - 2022
- Imports of Metal Hot-Worked Helical Spring in Singapore
- Exports of Metal Hot-Worked Helical Spring in Singapore
Price for Metal Hot-Worked Helical Spring in Singapore (CIF) - 2022
The average metal hot-worked helical spring import price stood at $3,893 per ton in 2022, jumping by 25% against the previous year. Overall, the import price, however, continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2018 when the average import price increased by 69%. As a result, import price attained the peak level of $8,522 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
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 United States ($23,812 per ton), while the price for China ($1,556 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+7.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Metal Hot-Worked Helical Spring in Singapore (FOB) - 2022
The average metal hot-worked helical spring export price stood at $32,027 per ton in 2022, with an increase of 31% against the previous year. Overall, the export price saw moderate growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 69% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($135,721 per ton), while the average price for exports to the Netherlands ($11,206 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 China (+24.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Metal Hot-Worked Helical Spring in Singapore
In 2022, the amount of iron or steel hot-worked helical springs imported into Singapore soared to 9.5K tons, surging by 33% compared with the year before. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 231% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, metal hot-worked helical spring imports surged to $37M in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Metal Hot-Worked Helical Spring in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.8 | 5.4 | 7.0 | 11.4 | 13.5% |
| China | 4.6 | 3.0 | 6.9 | 11.3 | 34.9% |
| Japan | 1.6 | 1.4 | 2.1 | 3.5 | 29.8% |
| Germany | 1.6 | 1.4 | 1.3 | 2.3 | 12.9% |
| United Kingdom | 0.6 | 0.3 | 0.6 | 0.9 | 14.5% |
| Malaysia | 0.3 | 0.4 | 0.5 | 0.8 | 38.7% |
| Others | 3.6 | 3.0 | 3.8 | 6.6 | 22.4% |
| Total | 20.1 | 15.0 | 22.2 | 36.8 | 22.3% |
Top Suppliers of Metal Hot-Worked Helical Spring to Singapore in 2022:
- China (7.3K tons)
- United States (0.5K tons)
- Japan (0.4K tons)
- Germany (0.3K tons)
- United Kingdom (0.2K tons)
- Malaysia (0.2K tons)
Exports of Metal Hot-Worked Helical Spring in Singapore
In 2022, after two years of decline, there was significant growth in shipments abroad of iron or steel hot-worked helical springs, when their volume increased by 14% to 771 tons. Overall, exports, however, saw a sharp decline.
In value terms, metal hot-worked helical spring exports skyrocketed to $25M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +16.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.6% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Metal Hot-Worked Helical Spring in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 5.9 | 5.9 | 4.9 | 7.7 | 9.3% |
| China | 2.0 | 1.7 | 2.1 | 3.0 | 14.5% |
| United States | 0.5 | 0.6 | 1.9 | 2.6 | 73.2% |
| Indonesia | 1.1 | 0.7 | 1.1 | 1.5 | 10.9% |
| India | 1.1 | 1.0 | 1.1 | 1.5 | 10.9% |
| Thailand | 0.6 | 0.5 | 1.0 | 1.3 | 29.4% |
| Hong Kong SAR | 0.7 | 0.5 | 0.5 | 0.8 | 4.6% |
| Australia | 0.2 | 0.2 | 0.3 | 0.4 | 26.0% |
| Hungary | 0.4 | 0.2 | 0.1 | 0.3 | -9.1% |
| Netherlands | 0.1 | 0.1 | 0.2 | 0.3 | 44.2% |
| Others | 3.0 | 3.3 | 3.4 | 5.2 | 20.1% |
| Total | 15.6 | 14.6 | 16.6 | 24.7 | 16.6% |
Top Export Markets for Metal Hot-Worked Helical Spring from Singapore in 2022:
- Malaysia (298.7 tons)
- India (136.0 tons)
- Indonesia (67.8 tons)
- Thailand (40.0 tons)
- Hong Kong SAR (36.5 tons)
- Netherlands (30.1 tons)
- United States (25.6 tons)
- China (21.9 tons)
- Australia (18.1 tons)
- Hungary (11.9 tons)
This report provides an in-depth analysis of the market for metal hot-worked helical spring in Singapore. 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:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- 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
-
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
-
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
-
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
-
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
-
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
-
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
295
This report provides an in-depth analysis of the market for metal hot-worked helical spring in Singapore.
367
This report provides an in-depth analysis of the steel spring market in Singapore.
194
This report provides an in-depth analysis of the market for iron or steel leaf-spring and leave in Singapore.
298
This report provides an in-depth analysis of the market for metal spiral or discs spring in Singapore.
103
This report provides an in-depth analysis of the market for iron or steel leaf-spring in Singapore.
483
This report provides an in-depth analysis of the global market for metal hot-worked helical spring.
1420
This report provides an in-depth analysis of the global steel spring market.
337
This report provides an in-depth analysis of the global market for iron or steel leaf-spring and leave.
347
This report provides an in-depth analysis of the global market for metal spiral or discs spring.
361
This report provides an in-depth analysis of the global market for iron or steel leaf-spring.
176
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.
1027
Global steel spring imports totaled X tons in 2016, ascending by X% against the previous year level. Overall, steel spring imports continue to indicate a relatively flat trend pattern. The pace o...
1437
Global steel spring imports totaled X tons in 2016, ascending by X% against the previous year level. Overall, steel spring imports continue to indicate a relatively flat trend pattern. The pace o...
176
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.
1027
Global steel spring imports totaled X tons in 2016, ascending by X% against the previous year level. Overall, steel spring imports continue to indicate a relatively flat trend pattern. The pace o...
1437
Global steel spring imports totaled X tons in 2016, ascending by X% against the previous year level. Overall, steel spring imports continue to indicate a relatively flat trend pattern. The pace o...
