Europe: Market for Iron or Steel Leaf-Springs and Leaves 2024

Market Size for Iron or Steel Leaf-Springs and Leaves in Europe

The Europe iron or steel leaf-spring market fell to $X in 2022, approximately mirroring the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Production of Iron or Steel Leaf-Springs and Leaves in Europe

In value terms, iron or steel leaf-spring production dropped to $X in 2022 estimated in export price. In general, production continues to indicate a slight reduction. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Exports of Iron or Steel Leaf-Springs and Leaves

Exports in Europe

In 2022, exports of iron or steel leaf-springs and leaves in Europe shrank rapidly to X tons, which is down by X% against the previous year. Over the period under review, exports continue to indicate a slight decrease. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, iron or steel leaf-spring exports fell to $X in 2022. Overall, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Spain (X tons) and Germany (X tons) represented the major exporters of iron or steel leaf-springs and leaves in 2022, reaching near X% and X% of total exports, respectively. It was distantly followed by Belgium (X tons), Austria (X tons), Romania (X tons), France (X tons), the Czech Republic (X tons) and Italy (X tons), together mixing up a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Italy (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Spain ($X) and Belgium ($X) were the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Austria, France, Romania, Italy and the Czech Republic lagged somewhat behind, together comprising a further X%.

The Czech Republic, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Europe amounted to $X per ton, picking up by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X%. The level of export peaked at $X per ton in 2014; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Imports of Iron or Steel Leaf-Springs and Leaves

Imports in Europe

In 2022, the amount of iron or steel leaf-springs and leaves imported in Europe dropped to X tons, waning by X% on the year before. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, iron or steel leaf-spring imports contracted to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany was the main importing country with an import of about X tons, which finished at X% of total imports. Italy (X tons) took the second position in the ranking, followed by the Netherlands (X tons), Poland (X tons), Russia (X tons), Belgium (X tons), France (X tons), Hungary (X tons), Sweden (X tons) and the UK (X tons). All these countries together took near X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to iron or steel leaf-spring imports into Germany stood at X%. At the same time, Poland (X%), the UK (X%), Hungary (X%) and Italy (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2022. The Netherlands, Russia, France and Sweden experienced a relatively flat trend pattern. By contrast, Belgium (X%) illustrated a downward trend over the same period. Poland (X p.p.), the UK (X p.p.) and Italy (X p.p.) significantly strengthened its position in terms of the total imports, while Germany saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported iron or steel leaf-springs and leaves in Europe, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

In Germany, iron or steel leaf-spring imports shrank by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the import price in Europe amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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