Luxembourg - Iron Or Steel Springs - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Metal Spiral or Discs Spring in Luxembourg - 2023
Contents:
- Price for Metal Spiral or Discs Spring in Luxembourg (CIF) - 2022
- Price for Metal Spiral or Discs Spring in Luxembourg (FOB) - 2022
- Imports of Metal Spiral or Discs Spring in Luxembourg
- Exports of Metal Spiral or Discs Spring in Luxembourg
Price for Metal Spiral or Discs Spring in Luxembourg (CIF) - 2022
The average import price for iron or steel flat spiral or discs springs stood at $27,794 per ton in 2022, with a decrease of -17.2% against the previous year. Overall, the import price saw a abrupt descent. The most prominent rate of growth was recorded in 2015 when the average import price increased by 18%. The import price peaked at $65,545 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($122,894 per ton), while the price for Germany ($8,082 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+15.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Metal Spiral or Discs Spring in Luxembourg (FOB) - 2022
The average export price for iron or steel flat spiral or discs springs stood at $38,743 per ton in 2022, dropping by -19.3% against the previous year. In general, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal spiral or discs spring export price increased by +32.5% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 64%. Over the period under review, the average export prices attained the maximum at $53,052 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($164,646 per ton), while the average price for exports to Australia ($12,490 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Metal Spiral or Discs Spring in Luxembourg
In 2022, imports of iron or steel flat spiral or discs springs into Luxembourg soared to 193 tons, jumping by 37% on the year before. Overall, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 38% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.
In value terms, metal spiral or discs spring imports expanded notably to $5.4M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +16.5% 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 +58.2% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 33% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Metal Spiral or Discs Spring in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,093 | 1,707 | 2,641 | 2,542 | 32.5% |
| Belgium | 1,052 | 857 | 939 | 1,644 | 16.0% |
| France | 161 | 104 | 188 | 346 | 29.0% |
| Germany | 219 | 182 | 242 | 311 | 12.4% |
| Netherlands | 71.2 | 81.4 | 71.7 | 53.2 | -9.3% |
| China | 266 | 275 | 304 | 26.4 | -53.7% |
| Others | 522 | 330 | 335 | 431 | -6.2% |
| Total | 3,384 | 3,536 | 4,721 | 5,354 | 16.5% |
Top Suppliers of Metal Spiral or Discs Spring to Luxembourg in 2022:
- Italy (126.0 tons)
- Germany (38.5 tons)
- Belgium (13.4 tons)
- France (7.0 tons)
- Netherlands (2.6 tons)
- China (0.4 tons)
Exports of Metal Spiral or Discs Spring in Luxembourg
In 2022, shipments abroad of iron or steel flat spiral or discs springs decreased by -7.8% to 9.4 tons, falling for the second year in a row after two years of growth. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 53%. As a result, the exports attained the peak of 14 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, metal spiral or discs spring exports dropped dramatically to $363K in 2022. Overall, exports showed a perceptible downturn. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. As a result, the exports reached the peak of $488K, and then reduced dramatically in the following year.
| Export of Metal Spiral or Discs Spring in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 54.9 | 70.6 | 89.9 | 48.6 | -4.0% |
| France | 48.1 | 27.0 | 31.1 | 33.7 | -11.2% |
| Turkey | 8.6 | 45.1 | 14.4 | 32.7 | 56.1% |
| Germany | 27.3 | 42.1 | 23.1 | 29.9 | 3.1% |
| Switzerland | 3.1 | 5.5 | 4.6 | 25.4 | 101.6% |
| Italy | 22.9 | 16.8 | 65.0 | 19.7 | -4.9% |
| United States | 15.1 | 10.2 | 12.1 | 18.9 | 7.8% |
| China | 4.8 | 4.5 | 12.3 | 16.9 | 52.1% |
| Poland | 5.5 | 42.3 | 13.3 | 10.7 | 24.8% |
| South Africa | 2.0 | 0.7 | 2.1 | 8.4 | 61.3% |
| Indonesia | 4.3 | 1.9 | 0.8 | 7.4 | 19.8% |
| Netherlands | 6.5 | 3.3 | 9.2 | 6.0 | -2.6% |
| Australia | 0.9 | 0.4 | 1.1 | 2.0 | 30.5% |
| Others | 218 | 150 | 209 | 103 | -22.1% |
| Total | 422 | 421 | 488 | 363 | -4.9% |
Top Export Markets for Metal Spiral or Discs Spring from Luxembourg in 2022:
- Turkey (2024.0 kg)
- Belgium (1472.0 kg)
- Germany (1290.0 kg)
- France (626.0 kg)
- Netherlands (430.0 kg)
- Poland (419.0 kg)
- United States (389.0 kg)
- Italy (264.0 kg)
- China (255.0 kg)
- Indonesia (221.0 kg)
- South Africa (219.0 kg)
- Australia (163.0 kg)
- Switzerland (154.0 kg)
This report provides an in-depth analysis of the market for metal spiral or discs spring in Luxembourg. 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 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:
- Luxembourg
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Luxembourg
- 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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