Serbia - Iron Or Steel Springs - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Metal Spiral or Discs Spring in Serbia - 2023
Contents:
- Price for Metal Spiral or Discs Spring in Serbia (CIF) - 2023
- Price for Metal Spiral or Discs Spring in Serbia (FOB) - 2022
- Imports of Metal Spiral or Discs Spring in Serbia
- Exports of Metal Spiral or Discs Spring in Serbia
Price for Metal Spiral or Discs Spring in Serbia (CIF) - 2023
In October 2023, the average import price for iron or steel flat spiral or discs springs amounted to $6,306 per ton, surging by 11% against the previous month. In general, the import price, however, recorded a mild setback. The most prominent rate of growth was recorded in December 2022 an increase of 95% m-o-m. As a result, import price attained the peak level of $10,787 per ton. From January 2023 to October 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Slovenia ($49,900 per ton), while the price for Romania ($2,219 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Slovenia (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Metal Spiral or Discs Spring in Serbia (FOB) - 2022
The average export price for iron or steel flat spiral or discs springs stood at $7,895 per ton in 2022, with an increase of 17% against the previous year. Over the period under review, the export price, however, recorded a pronounced contraction. The most prominent rate of growth was recorded in 2013 an increase of 38% against the previous year. As a result, the export price reached the peak level of $16,514 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($15,593 per ton), while the average price for exports to Slovenia ($3,460 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 Bosnia and Herzegovina (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Metal Spiral or Discs Spring in Serbia
In 2022, the amount of iron or steel flat spiral or discs springs imported into Serbia fell to 676 tons, waning by -14.5% compared with the previous year. The total import volume increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year. As a result, imports reached the peak of 790 tons, and then contracted in the following year.
In value terms, metal spiral or discs spring imports fell to $4.4M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.6% 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 +50.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 52% against the previous year. As a result, imports attained the peak of $5M, and then declined in the following year.
| Import of Metal Spiral or Discs Spring in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 516 | 1,067 | 1,976 | 1,117 | 29.4% |
| Italy | 584 | 578 | 680 | 755 | 8.9% |
| China | 334 | 232 | 258 | 377 | 4.1% |
| Poland | 111 | 67.6 | 428 | 352 | 46.9% |
| Czech Republic | 91.2 | 143 | 202 | 281 | 45.5% |
| Spain | 121 | 69.1 | 128 | 215 | 21.1% |
| Slovenia | 65.9 | 120 | 149 | 214 | 48.1% |
| Croatia | 192 | 186 | 139 | 175 | -3.0% |
| Turkey | 182 | 170 | 200 | 162 | -3.8% |
| Romania | 50.1 | 37.1 | 29.7 | 35.2 | -11.1% |
| Others | 685 | 595 | 770 | 726 | 2.0% |
| Total | 2,932 | 3,265 | 4,960 | 4,409 | 14.6% |
Top Suppliers of Metal Spiral or Discs Spring to Serbia in 2022:
- Italy (230.9 tons)
- China (91.0 tons)
- Poland (78.1 tons)
- Germany (61.6 tons)
- Turkey (61.4 tons)
- Croatia (28.7 tons)
- Czech Republic (25.8 tons)
- Spain (24.0 tons)
- Romania (15.7 tons)
- Slovenia (14.0 tons)
Exports of Metal Spiral or Discs Spring in Serbia
In 2022, the amount of iron or steel flat spiral or discs springs exported from Serbia soared to 76 tons, rising by 36% against 2021 figures. The total export volume increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 surged to $596K in 2022. In general, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Metal Spiral or Discs Spring in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 46.4 | 2.5 | 69.4 | 118 | 36.5% |
| Croatia | 22.5 | 3.0 | 4.8 | 90.8 | 59.2% |
| Bosnia and Herzegovina | 52.0 | 54.3 | 52.0 | 86.6 | 18.5% |
| North Macedonia | 8.2 | 14.3 | 13.1 | 63.7 | 98.1% |
| Slovenia | 102 | 131 | 116 | 44.2 | -24.3% |
| Montenegro | 19.5 | 22.2 | 22.5 | 26.7 | 11.0% |
| Germany | 5.5 | 13.2 | 16.7 | 23.2 | 61.6% |
| Greece | 14.3 | 5.4 | 9.8 | 7.2 | -20.4% |
| Others | 72.9 | 82.9 | 68.5 | 136 | 23.1% |
| Total | 343 | 328 | 373 | 596 | 20.2% |
Top Export Markets for Metal Spiral or Discs Spring from Serbia in 2022:
- Italy (22.5 tons)
- Slovenia (12.8 tons)
- Croatia (11.4 tons)
- North Macedonia (11.3 tons)
- Bosnia and Herzegovina (5.6 tons)
- Germany (2.8 tons)
- Montenegro (2.0 tons)
- Greece (0.6 tons)
This report provides an in-depth analysis of the market for metal spiral or discs spring in Serbia. 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:
- Serbia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Serbia
- 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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