Germany - Steel Springs And Leaves For Springs - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

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

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Steel Spring Price in Germany - 2023

Contents:

  1. Steel Spring Price in Germany (FOB) - 2023
  2. Steel Spring Price in Germany (CIF) - 2023
  3. Steel Spring Exports in Germany
  4. Steel Spring Imports in Germany

Steel Spring Price in Germany (FOB) - 2023

In June 2023, the average steel spring export price amounted to $8,619 per ton, with a decrease of -9.6% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.0%. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 14% m-o-m. Over the period under review, the average export prices reached the maximum at $9,535 per ton in May 2023, and then shrank in the following month.

There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was China ($11,836 per ton), while the average price for exports to the Netherlands ($4,815 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.

Steel Spring Price in Germany (CIF) - 2023

In June 2023, the average steel spring import price amounted to $5,631 per ton, picking up by 6.5% against the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 7.4% month-to-month. The import price peaked at $5,641 per ton in April 2023; afterwards, it flattened through to June 2023.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Switzerland ($21,314 per ton), while the price for Sweden ($3,286 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Switzerland (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Steel Spring Exports in Germany

Steel spring exports from Germany reduced to 200K tons in 2022, which is down by -14.1% against the previous year. Over the period under review, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 10% against the previous year.

In value terms, steel spring exports stood at $1.7B in 2022. The total export value increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Export of Steel Spring in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland1471341711705.0%
China1281361521413.3%
Czech Republic152128149138-3.2%
United States10089.91321226.9%
Austria87.885.696.51045.8%
Hungary94.980.385.686.4-3.1%
France86.073.277.486.20.1%
United Kingdom89.474.171.867.9-8.8%
Italy65.356.161.864.4-0.5%
Slovakia50.243.754.559.75.9%
Romania55.049.954.157.91.7%
Netherlands44.736.147.750.64.2%
Spain48.440.246.744.6-2.7%
Others4143854614835.3%
Total1,5631,4121,6601,6762.4%

Top Export Markets for Steel Spring from Germany in 2022:

  1. Poland (30.5K tons)
  2. France (12.9K tons)
  3. United Kingdom (12.8K tons)
  4. Czech Republic (12.7K tons)
  5. United States (12.2K tons)
  6. Austria (11.5K tons)
  7. Netherlands (10.4K tons)
  8. China (10.0K tons)
  9. Hungary (8.5K tons)
  10. Spain (7.4K tons)
  11. Italy (7.2K tons)
  12. Romania (5.7K tons)
  13. Slovakia (5.7K tons)

Steel Spring Imports in Germany

In 2022, steel spring imports into Germany rose slightly to 120K tons, picking up by 3.7% on 2021 figures. The total import volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 when imports increased by 22% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, steel spring imports rose notably to $681M in 2022. The total import value increased at an average annual rate of +5.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 23% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Steel Spring in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic94.884.299.498.71.4%
Poland43.846.056.373.118.6%
Switzerland57.348.549.155.2-1.2%
Netherlands26.120.846.854.527.8%
Spain51.942.546.750.5-0.9%
Italy26.625.233.439.313.9%
Turkey39.728.732.137.8-1.6%
China17.014.525.830.721.8%
Sweden21.714.433.428.59.5%
Hungary21.420.624.125.05.3%
France22.920.021.123.30.6%
Austria13.212.715.518.812.5%
Brazil15.510.511.613.5-4.5%
Others1231131241322.4%
Total5755016196815.8%

Top Suppliers of Steel Spring to Germany in 2022:

  1. Netherlands (15.1K tons)
  2. Spain (14.8K tons)
  3. Czech Republic (14.2K tons)
  4. Turkey (12.0K tons)
  5. Sweden (9.5K tons)
  6. Poland (8.9K tons)
  7. China (6.4K tons)
  8. Italy (5.0K tons)
  9. Austria (4.5K tons)
  10. Hungary (4.3K tons)
  11. France (3.1K tons)
  12. Switzerland (2.8K tons)
  13. Brazil (1.5K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the steel spring market in Germany. 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 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)

Country coverage:

  • Germany

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Germany
  • 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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