United Arab Emirates - Iron Or Steel Hot-Worked Helical Springs - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

United Arab Emirates - 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 the United Arab Emirates - 2021

Contents:

  1. Price for Metal Hot-Worked Helical Spring in the United Arab Emirates (CIF) - 2022
  2. Price for Metal Hot-Worked Helical Spring in the United Arab Emirates (FOB) - 2022
  3. Imports of Metal Hot-Worked Helical Spring in the United Arab Emirates
  4. Exports of Metal Hot-Worked Helical Spring in the United Arab Emirates

Price for Metal Hot-Worked Helical Spring in the United Arab Emirates (CIF) - 2022

In 2022, the average metal hot-worked helical spring import price amounted to $6,800 per ton, surging by 3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.4%. The growth pace was the most rapid in 2013 when the average import price increased by 22% against the previous year. Over the period under review, average import prices attained the peak figure at $7,425 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($30,817 per ton), while the price for Turkey ($1,446 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+28.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Metal Hot-Worked Helical Spring in the United Arab Emirates (FOB) - 2022

In 2022, the average metal hot-worked helical spring export price amounted to $4,776 per ton, growing by 4.9% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average export price increased by 98%. The export price peaked at $7,867 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($15,964 per ton), while the average price for exports to Rwanda ($641 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 Qatar (+8.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Metal Hot-Worked Helical Spring in the United Arab Emirates

In 2022, overseas purchases of iron or steel hot-worked helical springs decreased by -22% to 1.4K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 83%. As a result, imports attained the peak of 1.8K tons, and then contracted sharply in the following year.

In value terms, metal hot-worked helical spring imports declined notably to $9.4M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +9.4% 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 +32.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 65% against the previous year. As a result, imports reached the peak of $12M, and then fell remarkably in the following year.

Import of Metal Hot-Worked Helical Spring in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,3512,2192,1901,4993.5%
United States7406639071,19017.2%
Germany1,5191,3911,6081,073-10.9%
United Kingdom764258219751-0.6%
Japan5034277036508.9%
Australia21532550262842.9%
Turkey74.513521822043.5%
Sweden10699.91071307.0%
Bulgaria10038.388.073.1-9.9%
Thailand244188239N/A-1.0%
Saudi ArabiaN/AN/A218N/A0%
Others1,5371,3274,6763,15827.1%
Total7,1537,07111,6739,3729.4%

Top Suppliers of Metal Hot-Worked Helical Spring to the United Arab Emirates in 2022:

  1. China (698.5 tons)
  2. Turkey (152.2 tons)
  3. Australia (78.4 tons)
  4. Japan (52.3 tons)
  5. Bulgaria (50.2 tons)
  6. Germany (48.6 tons)
  7. United Kingdom (40.2 tons)
  8. United States (38.6 tons)
  9. Sweden (37.9 tons)

Exports of Metal Hot-Worked Helical Spring in the United Arab Emirates

In 2022, exports of iron or steel hot-worked helical springs from the United Arab Emirates soared to 372 tons, increasing by 21% compared with the previous year's figure. Overall, exports recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 153% against the previous year. As a result, the exports attained the peak of 485 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, metal hot-worked helical spring exports soared to $1.8M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +5.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -17.5% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 43% against the previous year. As a result, the exports reached the peak of $2.2M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Metal Hot-Worked Helical Spring in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands9.69.716.8212180.6%
United States9.4N/AN/A189171.9%
Germany7.812.625.8132156.7%
ItalyN/AN/AN/A1280%
Rwanda2.79.412.2125259.1%
Ukraine92.079.161.060.4-13.1%
CyprusN/AN/A4.848.9918.8%
Oman762981592N/A-11.9%
Angola33.288.316.1N/A-30.4%
Saudi Arabia54.2300294N/A132.9%
Bahrain51.256.0N/AN/A9.4%
Others48662037888422.1%
Total1,5082,1561,4011,7795.7%

Top Export Markets for Metal Hot-Worked Helical Spring from the United Arab Emirates in 2022:

  1. Rwanda (195.3 tons)
  2. United States (34.4 tons)
  3. Germany (27.7 tons)
  4. Netherlands (14.8 tons)
  5. Ukraine (13.0 tons)
  6. Italy (8.0 tons)
  7. Cyprus (6.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for metal hot-worked helical spring in the United Arab Emirates. 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:

  • United Arab Emirates

Data coverage:

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