Romania - Iron Or Steel Springs - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Metal Spiral or Discs Spring in Romania - 2023
Contents:
- Price for Metal Spiral or Discs Spring in Romania (CIF) - 2022
- Price for Metal Spiral or Discs Spring in Romania (FOB) - 2023
- Imports of Metal Spiral or Discs Spring in Romania
- Exports of Metal Spiral or Discs Spring in Romania
Price for Metal Spiral or Discs Spring in Romania (CIF) - 2022
In 2022, the average import price for iron or steel flat spiral or discs springs amounted to $7,964 per ton, growing by 19% against the previous year. In general, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.9% 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 import price increased by +46.1% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 23%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.
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 France ($16,890 per ton), while the price for Belgium ($2,273 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Metal Spiral or Discs Spring in Romania (FOB) - 2023
The average export price for iron or steel flat spiral or discs springs stood at $9,118 per ton in June 2023, with a decrease of -6.6% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.2%. The growth pace was the most rapid in December 2022 when the average export price increased by 12% against the previous month. The export price peaked at $9,758 per ton in May 2023, and then shrank in the following month.
Average prices varied somewhat for the major export markets. In June 2023, the countries with the highest prices were China ($10,844 per ton) and Germany ($10,247 per ton), while the average price for exports to Mexico ($7,972 per ton) and the United States ($8,405 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Metal Spiral or Discs Spring in Romania
In 2022, approx. 5.9K tons of iron or steel flat spiral or discs springs were imported into Romania; with a decrease of -10.3% on the year before. Overall, imports saw a abrupt contraction. The pace of growth was the most pronounced in 2021 when imports increased by 1.1%.
In value terms, metal spiral or discs spring imports stood at $47M in 2022. In general, imports continue to indicate a noticeable setback. The pace of growth was the most pronounced in 2021 with an increase of 7.9% against the previous year.
Import of Metal Spiral or Discs Spring in Romania (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 17.9 | 13.6 | 12.5 | 14.1 | -7.6% |
Italy | 8.4 | 7.2 | 8.6 | 8.7 | 1.2% |
Poland | 4.4 | 4.6 | 5.4 | 5.8 | 9.6% |
France | 5.3 | 4.1 | 3.7 | 3.4 | -13.8% |
Japan | 1.9 | 1.5 | 1.5 | 2.0 | 1.7% |
United Kingdom | 1.0 | 0.5 | 1.5 | 1.8 | 21.6% |
Turkey | 3.3 | 1.3 | 1.6 | 1.7 | -19.8% |
Czech Republic | 1.3 | 1.2 | 1.5 | 1.6 | 7.2% |
China | 1.4 | 1.5 | 1.7 | 1.5 | 2.3% |
Spain | 2.1 | 1.6 | 1.4 | 1.3 | -14.8% |
Austria | 1.0 | 1.0 | 1.3 | 1.1 | 3.2% |
Hungary | 0.9 | 0.5 | 0.7 | 0.9 | 0.0% |
Belgium | 0.1 | 0.3 | 0.2 | 0.4 | 58.7% |
Others | 3.2 | 2.2 | 2.8 | 2.8 | -4.4% |
Total | 52.1 | 41.1 | 44.3 | 47.2 | -3.2% |
Top Suppliers of Metal Spiral or Discs Spring to Romania in 2022:
- Italy (1232.6 tons)
- Poland (1134.8 tons)
- Germany (902.7 tons)
- Turkey (655.4 tons)
- Spain (523.4 tons)
- Japan (239.8 tons)
- France (203.4 tons)
- Belgium (172.6 tons)
- Czech Republic (155.1 tons)
- China (145.9 tons)
- United Kingdom (141.0 tons)
- Hungary (108.3 tons)
- Austria (108.0 tons)
Exports of Metal Spiral or Discs Spring in Romania
Metal spiral or discs spring exports from Romania was estimated at 5.1K tons in 2022, surging by 8.2% against 2021. The total export volume increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, metal spiral or discs spring exports expanded markedly to $42M in 2022. The total export value increased at an average annual rate of +7.8% 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 20%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.
Export of Metal Spiral or Discs Spring in Romania (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 3.8 | 4.7 | 4.5 | 6.9 | 22.0% |
China | 4.1 | 5.1 | 5.2 | 6.4 | 16.0% |
Hungary | 5.2 | 4.9 | 5.1 | 6.4 | 7.2% |
Turkey | 5.3 | 4.9 | 4.8 | 6.3 | 5.9% |
Germany | 2.9 | 2.3 | 3.6 | 3.9 | 10.4% |
United States | 3.0 | 2.8 | 2.5 | 3.7 | 7.2% |
Poland | 5.5 | 4.6 | 3.1 | 3.5 | -14.0% |
Estonia | 0.4 | 0.4 | 0.9 | 1.4 | 51.8% |
Thailand | 1.8 | 1.1 | 0.6 | 0.7 | -27.0% |
Russia | 0.8 | 1.1 | 1.2 | 0.5 | -14.5% |
Others | 0.8 | 0.9 | 7.9 | 2.5 | 46.2% |
Total | 33.6 | 32.8 | 39.4 | 42.1 | 7.8% |
Top Export Markets for Metal Spiral or Discs Spring from Romania in 2022:
- Mexico (1034.4 tons)
- Hungary (757.9 tons)
- Turkey (750.5 tons)
- China (655.8 tons)
- United States (474.5 tons)
- Poland (470.0 tons)
- Germany (410.4 tons)
- Estonia (171.4 tons)
- Thailand (77.1 tons)
- Russia (46.3 tons)
This report provides an in-depth analysis of the market for metal spiral or discs spring in Romania. 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:
- Romania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Romania
- 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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