Europe: Market for Iron or Steel Flat Spiral or Discs Springs 2024

Market Size for Iron or Steel Flat Spiral or Discs Springs in Europe

The Europe market for iron or steel flat spiral or discs springs reduced to $X in 2022, therefore, remained relatively stable against the previous year. In general, consumption saw a slight decline. The pace of growth appeared the most rapid in 2018 when the market value increased by X%. 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 Flat Spiral or Discs Springs in Europe

In value terms, metal spiral or discs spring production declined slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Iron or Steel Flat Spiral or Discs Springs

Exports in Europe

In 2022, the amount of iron or steel flat spiral or discs springs exported in Europe dropped to X tons, declining by X% against the previous year's figure. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons, and then contracted in the following year.

In value terms, metal spiral or discs spring exports shrank to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then declined in the following year.

Exports by Country

Germany (X tons) and Poland (X tons) represented roughly X% of total exports in 2022. Italy (X tons) held the next position in the ranking, followed by the Czech Republic (X tons), Spain (X tons) and France (X tons). All these countries together held near X% share of total exports. The following exporters - Romania (X tons), the Netherlands (X tons), Slovakia (X tons), Belgium (X tons), Hungary (X tons) and the UK (X tons) - together made up X% of total exports.

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

In value terms, Germany ($X) remains the largest metal spiral or discs spring supplier in Europe, comprising X% of total exports. The second position in the ranking was held by Poland ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

In Germany, metal spiral or discs spring exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Poland (X% per year) and Italy (X% per year).

Export Prices by Country

In 2022, the export price in Europe amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while Poland ($X per ton) was amongst the lowest.

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

Imports of Iron or Steel Flat Spiral or Discs Springs

Imports in Europe

Metal spiral or discs spring imports contracted to X tons in 2022, with a decrease of X% compared with the previous year's figure. In general, imports showed a mild descent. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, metal spiral or discs spring imports dropped 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 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the UK (X tons), Germany (X tons) and Poland (X tons) represented the main importer of iron or steel flat spiral or discs springs in Europe, making up X% of total import. It was distantly followed by the Czech Republic (X tons), Italy (X tons), Slovakia (X tons), Romania (X tons), Hungary (X tons) and Spain (X tons), together making up a X% share of total imports. The following importers - France (X tons), the Netherlands (X tons), Slovenia (X tons) and Belgium (X tons) - each reached a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Slovenia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest metal spiral or discs spring importing markets in Europe were Germany ($X), Poland ($X) and the Czech Republic ($X), with a combined X% share of total imports. The UK, Italy, Hungary, Romania, Spain, France, Slovakia, Slovenia, Belgium and the Netherlands lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Slovenia, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Europe amounted to $X per ton, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, import prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.

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

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

Source: IndexBox Platform

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