Uzbekistan - Steel Springs And Leaves For Springs - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Uzbekistan - Steel Springs And Leaves For Springs - Market Analysis, Forecast, Size, Trends and Insights

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Steel Spring Price in Uzbekistan - 2023

Contents:

  1. Steel Spring Price in Uzbekistan (CIF) - 2022
  2. Steel Spring Price in Uzbekistan (FOB) - 2022
  3. Steel Spring Imports in Uzbekistan
  4. Steel Spring Exports in Uzbekistan

Steel Spring Price in Uzbekistan (CIF) - 2022

In 2022, the average steel spring import price amounted to $2,624 per ton, reducing by -39.1% against the previous year. Overall, the import price, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 185%. As a result, import price attained the peak level of $4,305 per ton, and then declined notably in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Turkey ($3,201 per ton) and South Korea ($2,718 per ton), while the price for China ($2,233 per ton) and the Czech Republic ($2,372 per ton) were amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by China (+33.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Steel Spring Price in Uzbekistan (FOB) - 2022

In 2022, the average steel spring export price amounted to $2,748 per ton, with an increase of 173% against the previous year. Overall, the export price, however, showed a sharp descent. The export price peaked at $22,190 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($9,957 per ton), while the average price for exports to Tajikistan ($1,361 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+49.9%), while the prices for the other major destinations experienced more modest paces of growth.

Steel Spring Imports in Uzbekistan

After two years of decline, overseas purchases of steel springs and leaves for springs increased by 149% to 7.9K tons in 2022. Over the period under review, imports, however, recorded a drastic downturn.

In value terms, steel spring imports surged to $21M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Steel Spring in Uzbekistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea0.61.00.87.4131.0%
China7.46.44.36.4-4.7%
Czech Republic1.12.91.72.836.5%
Russia1.21.31.71.610.1%
Turkey1.80.71.01.0-17.8%
Others2.82.54.21.4-20.6%
Total15.014.913.720.711.3%

Top Suppliers of Steel Spring to Uzbekistan in 2022:

  1. China (2.9K tons)
  2. South Korea (2.7K tons)
  3. Czech Republic (1.2K tons)
  4. Russia (0.6K tons)
  5. Turkey (0.3K tons)

Steel Spring Exports in Uzbekistan

In 2022, approx. 224 tons of steel springs and leaves for springs were exported from Uzbekistan; growing by 104% against the previous year. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 2,038% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, steel spring exports surged to $615K in 2022. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Steel Spring in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan1.07.60.1543715.8%
China0.20.129.032.6446.3%
AzerbaijanN/AN/A4.624.5432.6%
Tajikistan0.93.244.510.7128.2%
Others24.539.132.14.2-44.4%
Total26.650.1110615184.9%

Top Export Markets for Steel Spring from Uzbekistan in 2022:

  1. Kazakhstan (201.4 tons)
  2. Azerbaijan (8.1 tons)
  3. Tajikistan (7.9 tons)
  4. China (5.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the steel spring market in Uzbekistan. 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:

  • Uzbekistan

Data coverage:

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