Japan - Iron Or Steel Springs - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Metal Spiral or Discs Spring in Japan - 2023
Contents:
- Price for Metal Spiral or Discs Spring in Japan (FOB) - 2022
- Price for Metal Spiral or Discs Spring in Japan (CIF) - 2023
- Exports of Metal Spiral or Discs Spring in Japan
- Imports of Metal Spiral or Discs Spring in Japan
Price for Metal Spiral or Discs Spring in Japan (FOB) - 2022
The average export price for iron or steel flat spiral or discs springs stood at $24,687 per ton in 2022, declining by -15.4% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 32% against the previous year. Over the period under review, the average export prices hit record highs at $36,350 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($53,584 per ton), while the average price for exports to Romania ($7,646 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 Mexico (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Metal Spiral or Discs Spring in Japan (CIF) - 2023
The average import price for iron or steel flat spiral or discs springs stood at $14,447 per ton in July 2023, with an increase of 5.2% against the previous month. In general, import price indicated a moderate increase from July 2022 to July 2023: its price increased at an average monthly rate of +2.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, metal spiral or discs spring import price increased by +13.2% against March 2023 indices. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 49% month-to-month. Over the period under review, average import prices attained the maximum at $19,053 per ton in February 2023; however, from March 2023 to July 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was India ($43,809 per ton), while the price for China ($6,872 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by South Korea (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Metal Spiral or Discs Spring in Japan
In 2022, approx. 2.4K tons of iron or steel flat spiral or discs springs were exported from Japan; reducing by -6.1% compared with the year before. Overall, exports showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 29%.
In value terms, metal spiral or discs spring exports fell remarkably to $59M in 2022. In general, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 3.9% against the previous year.
| Export of Metal Spiral or Discs Spring in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 27.7 | 26.1 | 18.2 | 12.5 | -23.3% |
| Thailand | 7.0 | 6.2 | 9.0 | 7.9 | 4.1% |
| United States | 7.0 | 5.9 | 7.2 | 6.6 | -1.9% |
| Indonesia | 4.9 | 3.3 | 5.3 | 5.1 | 1.3% |
| Mexico | 8.9 | 4.3 | 5.0 | 4.1 | -22.8% |
| Vietnam | 1.9 | 2.1 | 2.2 | 1.8 | -1.8% |
| Taiwan (Chinese) | 1.9 | 1.9 | 1.8 | 1.7 | -3.6% |
| Romania | 1.3 | 1.2 | 1.2 | 1.4 | 2.5% |
| South Korea | 2.9 | 2.4 | 1.7 | 1.4 | -21.6% |
| India | 2.2 | 2.1 | 1.8 | 1.3 | -16.1% |
| Brazil | 1.5 | 0.9 | 0.9 | 1.2 | -7.2% |
| Italy | 1.0 | 0.5 | 0.5 | 0.7 | -11.2% |
| Malaysia | 0.7 | 0.6 | 0.5 | 0.5 | -10.6% |
| Others | 15.6 | 13.9 | 18.6 | 12.4 | -7.4% |
| Total | 84.4 | 71.2 | 74.0 | 58.7 | -11.4% |
Top Export Markets for Metal Spiral or Discs Spring from Japan in 2022:
- Indonesia (441.4 tons)
- Thailand (382.9 tons)
- United States (287.1 tons)
- China (233.4 tons)
- Mexico (218.9 tons)
- Romania (186.4 tons)
- Brazil (116.0 tons)
- India (89.2 tons)
- Taiwan (Chinese) (61.6 tons)
- Vietnam (46.7 tons)
- South Korea (43.8 tons)
- Italy (43.4 tons)
- Malaysia (30.1 tons)
Imports of Metal Spiral or Discs Spring in Japan
In 2022, the amount of iron or steel flat spiral or discs springs imported into Japan fell remarkably to 1.2K tons, waning by -15.7% compared with the year before. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 63%. As a result, imports attained the peak of 1.5K tons, and then fell sharply in the following year.
In value terms, metal spiral or discs spring imports expanded slightly to $17M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +7.3% 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 +51.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 46% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Metal Spiral or Discs Spring in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.1 | 3.8 | 6.6 | 5.3 | 1.3% |
| Germany | 2.0 | 1.2 | 2.1 | 2.5 | 7.7% |
| India | 2.2 | 1.4 | 2.0 | 1.8 | -6.5% |
| Thailand | 0.4 | 0.4 | 0.4 | 0.5 | 7.7% |
| Taiwan (Chinese) | 0.1 | 0.1 | 0.2 | 0.3 | 44.2% |
| South Korea | 0.1 | 0.1 | 0.4 | 0.3 | 44.2% |
| South Africa | 0.4 | 0.2 | 0.1 | N/A | -50.0% |
| Others | 3.5 | 3.9 | 4.6 | 6.2 | 21.0% |
| Total | 13.8 | 11.2 | 16.4 | 17.0 | 7.2% |
Top Suppliers of Metal Spiral or Discs Spring to Japan in 2022:
- China (925.3 tons)
- Germany (116.6 tons)
- Thailand (47.6 tons)
- India (42.2 tons)
- Taiwan (Chinese) (40.9 tons)
- South Korea (31.6 tons)
- South Africa (0.4 tons)
This report provides an in-depth analysis of the market for metal spiral or discs spring in Japan. 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 25931653 - Iron or steel flat spiral springs
- Prodcom 25931655 - Iron or steel discs springs
- Prodcom 25931660 - Iron or steel springs (excluding leaf-springs and leaves therefor, helical springs, flat spiral springs, discs springs)
Country coverage:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- 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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
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In June 2023, the growth rate for Steel Spring was at its highest, increasing by 24% month-on-month. However, by November 2023, the value of Steel Spring exports decreased to $29M.
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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.
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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...
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In June 2023, the growth rate for Steel Spring was at its highest, increasing by 24% month-on-month. However, by November 2023, the value of Steel Spring exports decreased to $29M.
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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.
1030
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...
1443
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...
