Mexico - Iron Or Steel Springs - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Metal Spiral or Discs Spring in Mexico - 2023
Contents:
- Price for Metal Spiral or Discs Spring in Mexico (CIF) - 2023
- Price for Metal Spiral or Discs Spring in Mexico (FOB) - 2023
- Imports of Metal Spiral or Discs Spring in Mexico
- Exports of Metal Spiral or Discs Spring in Mexico
Price for Metal Spiral or Discs Spring in Mexico (CIF) - 2023
The average import price for iron or steel flat spiral or discs springs stood at $6,386 per ton in June 2023, shrinking by -36.3% against the previous month. In general, the import price recorded a pronounced decrease. The growth pace was the most rapid in April 2023 an increase of 44% m-o-m. As a result, import price reached the peak level of $10,586 per ton. From May 2023 to June 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($32,420 per ton), while the price for China ($1,603 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Japan (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Metal Spiral or Discs Spring in Mexico (FOB) - 2023
The average export price for iron or steel flat spiral or discs springs stood at $6,878 per ton in June 2023, picking up by 2.1% against the previous month. In general, the export price enjoyed a strong expansion. The growth pace was the most rapid in July 2022 an increase of 686% month-to-month. The export price peaked at $14,445 per ton in August 2022; however, from September 2022 to June 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From June 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to +13.7% per month.
Imports of Metal Spiral or Discs Spring in Mexico
In 2022, imports of iron or steel flat spiral or discs springs into Mexico totaled 32K tons, picking up by 13% against 2021 figures. The total import volume increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 15%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, metal spiral or discs spring imports expanded remarkably to $83M in 2022. The total import value increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 15%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Metal Spiral or Discs Spring in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 47.9 | 42.7 | 43.7 | 48.6 | 0.5% |
| China | 4.4 | 5.4 | 10.1 | 10.0 | 31.5% |
| Germany | 6.9 | 5.7 | 6.9 | 6.4 | -2.5% |
| France | 3.3 | 2.3 | 4.0 | 3.2 | -1.0% |
| Canada | 2.4 | 1.6 | 2.2 | 1.8 | -9.1% |
| Others | 12.6 | 10.8 | 11.6 | 12.8 | 0.5% |
| Total | 77.5 | 68.4 | 78.5 | 82.8 | 2.2% |
Top Suppliers of Metal Spiral or Discs Spring to Mexico in 2022:
- United States (27.8K tons)
- China (1.8K tons)
- Germany (0.8K tons)
- Canada (0.4K tons)
- France (0.4K tons)
Exports of Metal Spiral or Discs Spring in Mexico
Metal spiral or discs spring exports from Mexico skyrocketed to 2.1K tons in 2022, growing by 38% on 2021 figures. Over the period under review, total exports indicated a measured increase from 2019 to 2022: its volume increased at an average annual rate of +3.8% 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 increased by +71.9% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, metal spiral or discs spring exports shrank markedly to $13M in 2022. In general, exports, however, saw a precipitous decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 4.4%.
| Export of Metal Spiral or Discs Spring in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 24.9 | 15.7 | 16.8 | 12.7 | -20.1% |
| Others | 0.5 | 0.6 | 0.2 | 0.3 | -15.7% |
| Total | 25.5 | 16.3 | 17.0 | 13.0 | -20.1% |
Top Export Markets for Metal Spiral or Discs Spring from Mexico in 2022:
- United States (2.1K tons)
This report provides an in-depth analysis of the market for metal spiral or discs spring in Mexico. 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:
- Mexico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Mexico
- 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
-
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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This report provides an in-depth analysis of the market for metal spiral or discs spring in Mexico.
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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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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...
182
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.
1029
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...
1441
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...
