Russian Federation - Steel Springs And Leaves For Springs - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSteel Spring Price in Russia - 2022
Contents:
- Steel Spring Price in Russia (CIF) - 2022
- Steel Spring Price in Russia (FOB) - 2022
- Steel Spring Imports in Russia
- Steel Spring Exports in Russia
Steel Spring Price in Russia (CIF) - 2022
In January 2022, the average steel spring import price amounted to $3,143 per ton, declining by -26% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in February 2021 when the average import price increased by 34% month-to-month. Over the period under review, average import prices hit record highs at $4,444 per ton in September 2021; however, from October 2021 to January 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2022, the country with the highest price was Germany ($8,631 per ton), while the price for Belarus ($427 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Steel Spring Price in Russia (FOB) - 2022
In 2022, the average steel spring export price amounted to $2,318 per ton, falling by -6.3% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 25% against the previous year. Over the period under review, the average export prices hit record highs at $2,779 per ton in 2018; however, from 2019 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 Ukraine ($1,989 per ton), while the average price for exports to Tajikistan ($166 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 Ukraine (+0.3%), while the prices for the other major destinations experienced mixed trend patterns.
Steel Spring Imports in Russia
In 2022, steel spring imports into Russia fell to 42K tons, waning by -8.1% compared with 2021 figures. Over the period under review, imports showed a slight shrinkage. The growth pace was the most rapid in 2021 with an increase of 16%. As a result, imports attained the peak of 46K tons, and then declined in the following year.
In value terms, steel spring imports fell to $154M in 2022. In general, imports saw a slight slump. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. As a result, imports reached the peak of $168M, and then contracted in the following year.
| Import of Steel Spring in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 15.5 | 15.0 | 21.3 | 25.6 | 18.2% |
| Czech Republic | 17.0 | 15.0 | 17.4 | 14.8 | -4.5% |
| Germany | 26.0 | 20.0 | 21.2 | 13.6 | -19.4% |
| South Africa | 0.2 | 0.1 | 0.3 | 12.7 | 299.0% |
| South Korea | 12.3 | 7.3 | 15.0 | 11.6 | -1.9% |
| Turkey | 5.6 | 4.6 | 7.4 | 10.3 | 22.5% |
| Japan | 9.8 | 7.4 | 9.5 | 8.4 | -5.0% |
| Belarus | 6.7 | 7.5 | 10.3 | 6.8 | 0.5% |
| Sweden | 7.9 | 8.9 | 8.9 | 6.5 | -6.3% |
| Ukraine | 5.8 | 4.2 | 4.4 | 4.0 | -11.6% |
| Hungary | 1.7 | 1.5 | 3.5 | 3.6 | 28.4% |
| Malaysia | 3.1 | 1.9 | 1.8 | 3.4 | 3.1% |
| Romania | 3.7 | 3.5 | 3.1 | 2.9 | -7.8% |
| Others | 47.5 | 42.8 | 43.4 | 29.6 | -14.6% |
| Total | 163 | 140 | 168 | 154 | -1.9% |
Top Suppliers of Steel Spring to Russia in 2022:
- China (10.7K tons)
- Czech Republic (4.6K tons)
- Belarus (4.1K tons)
- Turkey (3.7K tons)
- Ukraine (3.0K tons)
- South Africa (2.1K tons)
- Japan (1.9K tons)
- Germany (1.7K tons)
- South Korea (1.7K tons)
- Malaysia (1.4K tons)
- Sweden (1.4K tons)
- Romania (0.8K tons)
- Hungary (0.8K tons)
Steel Spring Exports in Russia
In 2022, after three years of growth, there was significant decline in shipments abroad of steel springs and leaves for springs, when their volume decreased by -6.5% to 15K tons. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 8.7% against the previous year. As a result, the exports attained the peak of 16K tons, and then dropped in the following year.
In value terms, steel spring exports shrank to $35M in 2022. Over the period under review, exports showed a noticeable reduction. The growth pace was the most rapid in 2021 with an increase of 33%.
| Export of Steel Spring in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 13.5 | 11.0 | 15.4 | 11.8 | -4.4% |
| Kazakhstan | 7.4 | 7.8 | 10.5 | 6.8 | -2.8% |
| Germany | 0.3 | 1.5 | 3.3 | 3.3 | 122.4% |
| Ukraine | 3.4 | 2.7 | 3.1 | 1.3 | -27.4% |
| Turkey | 0.3 | 0.5 | 0.7 | 0.6 | 26.0% |
| Azerbaijan | 0.8 | 0.3 | 0.5 | 0.2 | -37.0% |
| Uzbekistan | 0.7 | 0.8 | 0.9 | 0.1 | -47.7% |
| Tajikistan | N/A | N/A | N/A | 0.1 | 0% |
| Slovakia | 0.8 | 0.7 | 0.5 | N/A | -20.9% |
| Others | 12.7 | 4.7 | 5.0 | 10.6 | -5.8% |
| Total | 40.0 | 30.0 | 39.9 | 34.9 | -4.4% |
Top Export Markets for Steel Spring from Russia in 2022:
- Belarus (6.6K tons)
- Kazakhstan (3.8K tons)
- Germany (2.1K tons)
- Tajikistan (0.7K tons)
- Ukraine (0.6K tons)
- Turkey (0.4K tons)
- Azerbaijan (0.2K tons)
- Uzbekistan (0.1K tons)
This report provides an in-depth analysis of the steel spring market in the Russian Federation. 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 25931613 - Iron or steel hot-worked laminated leaf-springs and leaves therefor
- Prodcom 25931615 - Iron or steel hot-worked non-laminated leaf-springs and leaves therefor
- Prodcom 25931617 - Iron or steel cold-formed leaf-springs and leaves therefor
- 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)
- 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:
- Russia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Russian Federation
- 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
374
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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.
1027
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...
1436
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...
176
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.
1027
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...
1436
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...
