Brazil - Iron Or Steel Hot-Worked Helical Springs - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Metal Hot-Worked Helical Spring in Brazil - 2023
Contents:
- Price for Metal Hot-Worked Helical Spring in Brazil (CIF) - 2023
- Price for Metal Hot-Worked Helical Spring in Brazil (FOB) - 2023
- Imports of Metal Hot-Worked Helical Spring in Brazil
- Exports of Metal Hot-Worked Helical Spring in Brazil
Price for Metal Hot-Worked Helical Spring in Brazil (CIF) - 2023
In July 2023, the average metal hot-worked helical spring import price amounted to $9,515 per ton, with a decrease of -3.3% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +2.0%. The growth pace was the most rapid in April 2023 when the average import price increased by 23% m-o-m. As a result, import price reached the peak level of $11,319 per ton. From May 2023 to July 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was South Korea ($33,766 per ton), while the price for China ($4,794 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by South Korea (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Metal Hot-Worked Helical Spring in Brazil (FOB) - 2023
In July 2023, the average metal hot-worked helical spring export price amounted to $7,473 per ton, picking up by 3.7% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 when the average export price increased by 33% month-to-month. The export price peaked at $8,982 per ton in April 2023; however, from May 2023 to July 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($19,808 per ton), while the average price for exports to Colombia ($2,945 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Metal Hot-Worked Helical Spring in Brazil
In 2022, imports of iron or steel hot-worked helical springs into Brazil expanded modestly to 6.4K tons, increasing by 4% compared with 2021 figures. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +6.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 46%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, metal hot-worked helical spring imports rose slightly to $56M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +8.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 44%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.
Import of Metal Hot-Worked Helical Spring in Brazil (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 8.1 | 8.6 | 11.3 | 9.9 | 6.9% |
United States | 8.1 | 5.0 | 7.5 | 8.7 | 2.4% |
China | 4.1 | 4.1 | 5.8 | 6.5 | 16.6% |
Japan | 2.8 | 2.4 | 3.7 | 4.6 | 18.0% |
Italy | 3.5 | 2.8 | 4.1 | 3.6 | 0.9% |
Thailand | 2.4 | 3.0 | 4.1 | 3.4 | 12.3% |
France | 1.8 | 1.7 | 2.4 | 2.6 | 13.0% |
Canada | 1.1 | 1.2 | 1.8 | 2.2 | 26.0% |
South Korea | 2.1 | 1.5 | 2.0 | 2.2 | 1.6% |
Sweden | 1.0 | 0.8 | 1.9 | 1.9 | 23.9% |
India | 1.5 | 0.8 | 1.4 | 1.4 | -2.3% |
Turkey | 0.2 | 0.3 | 0.5 | 0.9 | 65.1% |
Spain | 0.7 | 0.5 | 0.7 | 0.8 | 4.6% |
Others | 6.3 | 5.2 | 7.2 | 7.2 | 4.6% |
Total | 43.8 | 37.8 | 54.5 | 55.9 | 8.5% |
Top Suppliers of Metal Hot-Worked Helical Spring to Brazil in 2022:
- China (1312.1 tons)
- Germany (889.4 tons)
- United States (589.2 tons)
- Japan (571.6 tons)
- Turkey (451.0 tons)
- South Korea (411.8 tons)
- Italy (376.3 tons)
- Sweden (269.6 tons)
- Thailand (269.4 tons)
- India (232.2 tons)
- France (183.4 tons)
- Canada (164.7 tons)
- Spain (98.3 tons)
Exports of Metal Hot-Worked Helical Spring in Brazil
Metal hot-worked helical spring exports from Brazil dropped modestly to 4.3K tons in 2022, almost unchanged from 2021 figures. Overall, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 22% against the previous year.
In value terms, metal hot-worked helical spring exports reached $34M in 2022. The total export value increased at an average annual rate of +4.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 27% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.
Export of Metal Hot-Worked Helical Spring in Brazil (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 13.3 | 9.2 | 10.1 | 11.0 | -6.1% |
United States | 4.1 | 4.4 | 8.8 | 9.5 | 32.3% |
Argentina | 1.5 | 1.5 | 3.7 | 4.4 | 43.1% |
Mexico | 3.0 | 4.1 | 3.9 | 1.9 | -14.1% |
China | 2.7 | 2.5 | 1.6 | 1.7 | -14.3% |
Colombia | 1.1 | 0.6 | 0.9 | 1.4 | 8.4% |
South Africa | 1.7 | 1.2 | 1.3 | 1.1 | -13.5% |
Others | 2.2 | 2.4 | 2.6 | 3.2 | 13.3% |
Total | 29.7 | 25.9 | 32.8 | 34.2 | 4.8% |
Top Export Markets for Metal Hot-Worked Helical Spring from Brazil in 2022:
- Argentina (1212.4 tons)
- Germany (1174.5 tons)
- United States (651.6 tons)
- Colombia (384.2 tons)
- China (275.8 tons)
- Mexico (216.4 tons)
- South Africa (102.5 tons)
This report provides an in-depth analysis of the market for metal hot-worked helical spring in Brazil. 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 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)
Country coverage:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In February 2023, the steel spring price amounted to $7,253 per ton (CIF, Brazil), shrinking by -13.3% against the previous month.
Explore the top import markets for steel springs worldwide, including key statistics and import values. Learn about the leading countries in steel spring imports and their industrial sectors driving the demand.
Global steel spring imports totaled X tons in 2016, ascending by X% against the previous year level. Overall, steel spring imports continue to indicate a relatively flat trend pattern. The pace o...
Global steel spring imports totaled X tons in 2016, ascending by X% against the previous year level. Overall, steel spring imports continue to indicate a relatively flat trend pattern. The pace o...
In February 2023, the steel spring price amounted to $7,253 per ton (CIF, Brazil), shrinking by -13.3% against the previous month.
Explore the top import markets for steel springs worldwide, including key statistics and import values. Learn about the leading countries in steel spring imports and their industrial sectors driving the demand.
Global steel spring imports totaled X tons in 2016, ascending by X% against the previous year level. Overall, steel spring imports continue to indicate a relatively flat trend pattern. The pace o...
Global steel spring imports totaled X tons in 2016, ascending by X% against the previous year level. Overall, steel spring imports continue to indicate a relatively flat trend pattern. The pace o...