Portugal - Iron Or Steel Springs - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Portugal - Iron Or Steel Springs - Market Analysis, Forecast, Size, Trends And Insights

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Price for Metal Spiral or Discs Spring in Portugal - 2023

Contents:

  1. Price for Metal Spiral or Discs Spring in Portugal (CIF) - 2023
  2. Price for Metal Spiral or Discs Spring in Portugal (FOB) - 2022
  3. Imports of Metal Spiral or Discs Spring in Portugal
  4. Exports of Metal Spiral or Discs Spring in Portugal

Price for Metal Spiral or Discs Spring in Portugal (CIF) - 2023

The average import price for iron or steel flat spiral or discs springs stood at $10,219 per ton in June 2023, with an increase of 46% against the previous month. Over the period under review, the import price, however, recorded a mild slump. The growth pace was the most rapid in February 2023 an increase of 52% against the previous month. As a result, import price reached the peak level of $15,149 per ton. From March 2023 to June 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($28,583 per ton), while the price for China ($4,990 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 Poland (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Metal Spiral or Discs Spring in Portugal (FOB) - 2022

The average export price for iron or steel flat spiral or discs springs stood at $9,476 per ton in 2022, increasing by 152% against the previous year. In general, the export price posted a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($41,609 per ton), while the average price for exports to Cabo Verde ($2,132 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 the Czech Republic (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Metal Spiral or Discs Spring in Portugal

Metal spiral or discs spring imports into Portugal stood at 1.3K tons in 2022, with an increase of 12% compared with the year before. The total import volume increased at an average annual rate of +7.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 34% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, metal spiral or discs spring imports skyrocketed to $14M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +10.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Metal Spiral or Discs Spring in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain3.22.73.74.612.9%
Germany3.33.53.94.17.5%
France0.70.51.01.219.7%
Poland0.10.10.10.571.0%
United Kingdom0.20.10.10.535.7%
China0.20.10.20.20.0%
Others2.41.71.92.40.0%
Total10.18.910.713.610.4%

Top Suppliers of Metal Spiral or Discs Spring to Portugal in 2022:

  1. Spain (907.8 tons)
  2. Germany (160.8 tons)
  3. Poland (58.2 tons)
  4. France (48.5 tons)
  5. China (24.8 tons)
  6. United Kingdom (21.3 tons)

Exports of Metal Spiral or Discs Spring in Portugal

In 2022, the amount of iron or steel flat spiral or discs springs exported from Portugal reduced markedly to 256 tons, waning by -55.3% on 2021. In general, exports showed a sharp slump. The pace of growth was the most pronounced in 2021 when exports increased by 6.1%.

In value terms, metal spiral or discs spring exports totaled $2.4M in 2022. Overall, exports showed a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 20%.

Export of Metal Spiral or Discs Spring in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany32022543099846.1%
Angola3021071603626.2%
Czech Republic2792.025.3158-17.3%
RussiaN/A54.513312752.7%
Spain2,944432147126-65.0%
France2,56019.470.3109-65.1%
Mexico12754.471.878.4-14.9%
Brazil30.139.910176.336.3%
Finland1.0N/AN/A73.5318.9%
Cabo Verde58.142.152.937.4-13.7%
United States25037224029.4-51.0%
Rwanda0.22.27.118.0348.1%
Ghana16115941411.5-58.5%
Others3,474288302226-59.8%
Total10,5051,7982,1552,430-38.6%

Top Export Markets for Metal Spiral or Discs Spring from Portugal in 2022:

  1. Angola (67.9 tons)
  2. Russia (39.2 tons)
  3. Spain (26.8 tons)
  4. Germany (24.0 tons)
  5. Cabo Verde (17.5 tons)
  6. France (12.3 tons)
  7. Czech Republic (12.0 tons)
  8. Mexico (9.7 tons)
  9. Brazil (8.9 tons)
  10. Finland (7.5 tons)
  11. United States (5.0 tons)
  12. Ghana (4.3 tons)
  13. Rwanda (3.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for metal spiral or discs spring in Portugal. 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:

  • Portugal

Data coverage:

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