Northern America: Market for Iron Or Steel Leaf-Springs And Leaves 2022

Market Size for Iron Or Steel Leaf-Springs And Leaves in Northern America

In 2020, the North American market for iron or steel leaf-springs and leaves decreased by -X% to $X, falling for the second consecutive year after five years of growth. Over the period under review, consumption recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2020, consumption remained at a lower figure.

Production of Iron Or Steel Leaf-Springs And Leaves in Northern America

In value terms, production of iron or steel leaf-springs and leaves contracted sharply to $X in 2020 estimated in export prices. In general, production continues to indicate a pronounced slump. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. As a result, production attained the peak level of $X. from 2009 to 2020, production growth remained at a somewhat lower figure.

Production By Country in Northern America

The country with the largest volume of production of iron or steel leaf-springs and leaves was Canada (X tons), accounting for X% of total volume.

In Canada, production of iron or steel leaf-springs and leaves shrank by an average annual rate of -X% over the period from 2007-2020.

Exports of Iron Or Steel Leaf-Springs And Leaves

Exports in Northern America

In 2020, overseas shipments of iron or steel leaf-springs and leaves decreased by -X% to X tons, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a perceptible descent. The pace of growth was the most pronounced in 2011 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure at X tons in 2014; however, from 2015 to 2020, exports stood at a somewhat lower figure.

In value terms, exports of iron or steel leaf-springs and leaves fell sharply to $X in 2020. Over the period under review, exports saw a pronounced setback. The growth pace was the most rapid in 2011 when exports increased by X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2020, exports stood at a somewhat lower figure.

Exports by Country

In 2020, the U.S. (X tons), followed by Canada (X tons) represented the main exporters of iron or steel leaf-springs and leaves, together generating X% of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the U.S..

In value terms, the largest iron or steel leaf-spring and leave supplying countries in Northern America were Canada ($X) and the U.S. ($X U.S. recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

In 2020, the export price for iron or steel leaf-springs and leaves in Northern America amounted to $X per ton, with a decrease of -X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the export price increased by X% against the previous year. Over the period under review, export prices hit record highs at $X per ton in 2009; however, from 2010 to 2020, export prices failed to regain the momentum.

Average prices varied somewhat amongst the major exporting countries. In 2020, the country with the highest price was Canada ($X per ton), while the U.S. stood at $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S..

Imports of Iron Or Steel Leaf-Springs And Leaves

Imports in Northern America

In 2020, supplies from abroad of iron or steel leaf-springs and leaves decreased by -X% to X tons, falling for the second year in a row after five years of growth. In general, imports recorded a pronounced setback. The pace of growth appeared the most rapid in 2010 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

In value terms, imports of iron or steel leaf-springs and leaves plummeted to $X in 2020. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

Imports by Country

The U.S. prevails in imports of iron or steel leaf-springs and leaves structure, finishing at X tons, which was approx. X% of total imports in 2020. Canada (X tons) held a minor share of total imports.

The U.S. was also the fastest-growing in terms of the iron or steel leaf-springs and leaves imports, with a CAGR of -X% from 2007 to 2020. Canada (-X%) illustrated a downward trend over the same period. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported iron or steel leaf-springs and leaves in Northern America, comprising X% of total imports. The second position in the ranking was occupied by Canada ($X), with a X% share of total imports.

In the U.S., imports of iron or steel leaf-springs and leaves remained relatively stable over the period from 2007-2020.

Import Prices by Country

In 2020, the import price for iron or steel leaf-springs and leaves in Northern America amounted to $X per ton, rising by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2020, the country with the highest price was the U.S. ($X per ton), while Canada amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S..

Source: IndexBox Platform

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