Sweden - Steel Springs And Leaves For Springs - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSteel Spring Price in Sweden - 2023
Contents:
- Steel Spring Price in Sweden (FOB) - 2023
- Steel Spring Price in Sweden (CIF) - 2022
- Steel Spring Exports in Sweden
- Steel Spring Imports in Sweden
Steel Spring Price in Sweden (FOB) - 2023
The average steel spring export price stood at $6,161 per ton in June 2023, reducing by -6% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2022 an increase of 23% m-o-m. The export price peaked at $7,231 per ton in October 2022; however, from November 2022 to June 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was China ($21,861 per ton), while the average price for exports to Germany ($3,111 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 the United States (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.
Steel Spring Price in Sweden (CIF) - 2022
In 2022, the average steel spring import price amounted to $5,710 per ton, picking up by 2.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The growth pace was the most rapid in 2017 when the average import price increased by 10%. The import price peaked in 2022 and is likely to continue growth in the immediate term.
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 Austria ($10,244 per ton), while the price for Romania ($2,307 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Steel Spring Exports in Sweden
Steel spring exports from Sweden dropped notably to 17K tons in 2022, with a decrease of -15.8% compared with the previous year. The total export volume increased at an average annual rate of +2.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 41% against the previous year. As a result, the exports attained the peak of 20K tons, and then contracted sharply in the following year.
In value terms, steel spring exports reduced to $102M in 2022. The total export value increased at an average annual rate of +7.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 35%. As a result, the exports reached the peak of $110M, and then declined in the following year.
| Export of Steel Spring in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 16.0 | 12.8 | 31.5 | 27.6 | 19.9% |
| Norway | 8.9 | 8.8 | 9.7 | 10.5 | 5.7% |
| United Kingdom | 6.7 | 6.3 | 9.6 | 8.7 | 9.1% |
| Denmark | 4.1 | 4.1 | 5.7 | 5.5 | 10.3% |
| United States | 4.5 | 3.3 | 4.8 | 5.3 | 5.6% |
| Finland | 4.3 | 3.8 | 4.7 | 5.2 | 6.5% |
| Ukraine | 1.8 | 3.0 | 4.4 | 4.0 | 30.5% |
| Belgium | 2.0 | 2.0 | 2.3 | 2.4 | 6.3% |
| Russia | 6.3 | 8.6 | 4.8 | 0.2 | -68.3% |
| Others | 26.9 | 28.5 | 32.3 | 32.6 | 6.6% |
| Total | 81.5 | 81.0 | 110 | 102 | 7.8% |
Top Export Markets for Steel Spring from Sweden in 2022:
- Russia (undefinedK tons)
- Germany (11.0K tons)
- United Kingdom (1.5K tons)
- Norway (0.6K tons)
- Ukraine (0.5K tons)
- Belgium (0.5K tons)
- Denmark (0.4K tons)
- Finland (0.4K tons)
- United States (0.3K tons)
Steel Spring Imports in Sweden
In 2022, the amount of steel springs and leaves for springs imported into Sweden rose markedly to 19K tons, with an increase of 5.8% against 2021. The total import volume increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.
In value terms, steel spring imports expanded remarkably to $110M in 2022. The total import value increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 18% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the immediate term.
| Import of Steel Spring in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 32.2 | 26.7 | 25.6 | 22.8 | -10.9% |
| Germany | 12.9 | 13.1 | 14.7 | 15.8 | 7.0% |
| France | 7.4 | 5.5 | 9.7 | 12.4 | 18.8% |
| Poland | 6.4 | 7.4 | 11.9 | 12.0 | 23.3% |
| United Kingdom | 7.3 | 7.7 | 9.0 | 9.6 | 9.6% |
| Spain | 4.7 | 3.8 | 3.9 | 7.8 | 18.4% |
| Belgium | 4.1 | 3.5 | 4.0 | 3.6 | -4.2% |
| Finland | 2.2 | 2.5 | 3.4 | 3.3 | 14.5% |
| China | 3.6 | 2.4 | 2.6 | 2.7 | -9.1% |
| Romania | 1.2 | 0.9 | 0.8 | 1.9 | 16.6% |
| Czech Republic | 1.7 | 1.2 | 1.7 | 1.0 | -16.2% |
| Others | 12.4 | 11.0 | 14.3 | 16.7 | 10.4% |
| Total | 96.0 | 85.8 | 102 | 110 | 4.6% |
Top Suppliers of Steel Spring to Sweden in 2022:
- France (4.2K tons)
- Spain (2.5K tons)
- United Kingdom (2.3K tons)
- Austria (2.2K tons)
- Poland (1.9K tons)
- Germany (1.9K tons)
- Finland (0.9K tons)
- Romania (0.8K tons)
- Belgium (0.4K tons)
- China (0.4K tons)
- Czech Republic (0.3K tons)
This report provides an in-depth analysis of the steel spring market in Sweden. 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:
- Sweden
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sweden
- 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
-
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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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.
1025
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...
1434
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...
169
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.
1025
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...
1434
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...
