Apr 10, 2019

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

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EU: Steel Spring Market Overview 2019

Steel Spring Market Size in the EU

The revenue of the steel spring market in the European Union amounted to $X in 2018, growing by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2018, when the market value increased by X% year-to-year. In that year, the steel spring market reached its peak level, and is likely to continue its growth in the immediate term.

Steel Spring Production in the EU

In value terms, steel spring production totaled $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018, with an increase of X% against the previous year. In that year, steel spring production reached its peak level, and is likely to continue its growth in the immediate term.

Steel Spring Exports

Exports in the EU

In 2018, exports of steel springs and leaves for springs in the European Union stood at X tonnes, waning by -X% against the previous year. Overall, steel spring exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, with an increase of X% year-to-year. The volume of exports peaked at X tonnes in 2017, and then declined slightly in the following year.

In value terms, steel spring exports amounted to $X in 2018. The total export value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2010, when exports increased by X% y-o-y. The level of exports peaked in 2018, and are expected to retain its growth in the immediate term.

Exports by Country

Germany was the main exporter of steel springs and leaves for springs in the European Union, with the volume of exports amounting to X tonnes, which was approx. X% of total exports in 2018. The Czech Republic (X tonnes) held the second position in the ranking, followed by Poland (X tonnes), Spain (X tonnes), Italy (X tonnes), France (X tonnes) and the Netherlands (X tonnes). All these countries together occupied approx. X% share of total exports. Belgium (X tonnes), Sweden (X tonnes), the UK (X tonnes), Romania (X tonnes) and Hungary (X tonnes) followed a long way behind the leaders.

Exports from Germany increased at an average annual rate of +X% from 2007 to 2018. At the same time, Hungary (+X%), Poland (+X%), the Czech Republic (+X%), Sweden (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest growing exporter in the European Union, with a CAGR of +X% from 2007-2018. Belgium and Italy experienced a relatively flat trend pattern. By contrast, Romania (-X%), the UK (-X%), France (-X%) and Spain (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Spain and France increased by X% and X% percentage points, while Hungary (-X%), Poland (-X%), the Czech Republic (-X%) and Germany (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest steel spring supplier in the European Union, comprising X% of total steel spring exports. The second position in the ranking was occupied by the Czech Republic ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2007 to 2018, the average annual growth rate of value in Germany totaled +X%. In the other countries, the average annual rates were as follows: the Czech Republic (+X% per year) and France (-X% per year).

Export Prices by Country

The steel spring export price in the European Union stood at $X per tonne in 2018, growing by X% against the previous year. Over the last eleven year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2018, an increase of X% against the previous year. In that year, the export prices for steel springs and leaves for springs reached their peak level, and is likely to continue its growth in the immediate term.

There were significant differences in the average export prices amongst the major exporting countries. In 2018, the country with the highest export price was the UK ($X per tonne), while Romania ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by Romania, while the other leaders experienced more modest paces of growth.

Steel Spring Imports

Imports in the EU

In 2018, the amount of steel springs and leaves for springs imported in the European Union amounted to X tonnes, falling by -X% against the previous year. In general, steel spring imports continue to indicate a slight deduction. The growth pace was the most rapid in 2011, when imports increased by X% against the previous year. The volume of imports peaked at X tonnes in 2017, and then declined slightly in the following year.

In value terms, steel spring imports amounted to $X in 2018. The total import value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2011, when imports increased by X% y-o-y. Over the period under review, steel spring imports attained their peak figure in 2018, and are likely to see steady growth in the immediate term.

Imports by Country

In 2018, Germany (X tonnes), followed by Poland (X tonnes), the UK (X tonnes), the Czech Republic (X tonnes), Italy (X tonnes), France (X tonnes), Romania (X tonnes), the Netherlands (X tonnes) and Spain (X tonnes) represented the largest importers of steel springs and leaves for springs, together creating X% of total imports. The following importers - Slovakia (X tonnes), Sweden (X tonnes) and Hungary (X tonnes) each recorded a X% share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Romania, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported steel springs and leaves for springs in the European Union, comprising X% of total steel spring imports. The second position in the ranking was occupied by Poland ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

In Germany, steel spring imports expanded at an average annual rate of +X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: Poland (+X% per year) and the Czech Republic (+X% per year).

Import Prices by Country

The steel spring import price in the European Union stood at $X per tonne in 2018, increasing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2018, an increase of X% year-to-year. In that year, the import prices for steel springs and leaves for springs attained their peak level, and is likely to continue its growth in the immediate term.

There were significant differences in the average import prices amongst the major importing countries. In 2018, the country with the highest import price was Hungary ($X per tonne), while the Netherlands ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by Germany, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

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)

This report provides an in-depth analysis of the steel spring market in the EU. 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 2025.



Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in the EU, split by region and country
• Trade (exports and imports) in the EU
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2025
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Austria
• Belgium
• Bulgaria
• Croatia
• Cyprus
• Czech Republic
• Denmark
• Estonia
• Finland
• France
• Germany
• Greece
• Hungary
• Ireland
• Italy
• Latvia
• Lithuania
• Luxembourg
• Malta
• Netherlands
• Poland
• Portugal
• Romania
• Slovakia
• Slovenia
• Spain
• Sweden
• United Kingdom
LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption, By Country, 2015–2018
Table 5:
Production, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Physical Terms, By Country, 2007–2018
Table 7:
Imports, In Value Terms, By Country, 2007–2018
Table 8:
Import Prices, By Country Of Destination, 2007–2018
Table 9:
Exports, In Physical Terms, By Country, 2007–2018
Table 10:
Exports, In Value Terms, By Country, 2007–2018
Table 11:
Export Prices, By Country Of Origin, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Consumption, By Country, 2018
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2018
Figure 17:
Production, In Value Terms, 2007–2018
Figure 18:
Production, By Country, 2018
Figure 19:
Production, In Physical Terms, By Country, 2007–2018
Figure 20:
Imports, In Physical Terms, 2007–2018
Figure 21:
Imports, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, By Country, 2018
Figure 23:
Imports, In Physical Terms, By Country, 2007–2018
Figure 24:
Imports, In Value Terms, By Country, 2007–2018
Figure 25:
Import Prices, By Country, 2007–2018
Figure 26:
Exports, In Physical Terms, 2007–2018
Figure 27:
Exports, In Value Terms, 2007–2018
Figure 28:
Exports, In Physical Terms, By Country, 2018
Figure 29:
Exports, In Physical Terms, By Country, 2007–2018
Figure 30:
Exports, In Value Terms, By Country, 2007–2018
Figure 31:
Export Prices, 2007–2018
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