Helical springs market in Germany

Earlier Report Observations

The German market for helical springs began the period with strengthened standardization through the publication of the EN 2541:2018 standard, which defined requirements for springs including cold-formed cylindrical compression springs. In 2019, new players entered the technical springs sector, introducing innovative manufacturing and surface treatment technologies. However, global supply chain disruptions caused by the COVID-19 pandemic in 2020 severely affected the availability of key raw materials like steel, contributing to a significant contraction in the market size to 413 million USD.

The post-pandemic rebound in 2021 was supported by the introduction of expanded safety and quality requirements for machinery under new Machinery Ordinances (MVO), which increased demand for compliant spring components. This helped lift the market to 491 million USD. Growth continued into 2022, driven by the automotive industry's heightened demand for high-strength, lightweight steel alloys for vehicle suspension systems, alongside the increasing market presence of fiber-reinforced plastic springs as an alternative material, pushing the market value to 580 million USD.

The market value subsequently adjusted to 512 million USD in 2023. Entering 2024, manufacturers faced rising steel prices which increased production costs, while also preparing for the anticipated introduction of new international standards for cold-formed cylindrical springs (prEN ISO 22705 series). Ongoing trends of digitalization, automation, and a focus on sustainable production using recycled steel scrap continued to shape the industry's development.

Production helical springs in Germany

In value, 2017-2020, M $ US

Germany's helical springs production declined for the second consecutive year. In 2020, output was valued at 958 million US dollars, marking a 15.5% decrease compared to the previous year. Over the period from 2017 to 2020, production fell by 18.7%, with a compound annual growth rate of 6.7%. The highest value was recorded in 2018 at 1,287 million US dollars, which also saw the largest increase of 9.2%.

Annual dynamics of production in Germany in value, 2017-2020, M $ US

In kind, 2017-2020, K t

Helical springs production in Germany declined for the third consecutive year. In 2020, Germany produced 137.7 thousand tonnes of helical springs, representing a significant drop of 19.9% from 2019. From 2017 to 2020, production decreased by 31.8%, with a compound annual growth rate of 12.0%.

Annual dynamics of production in Germany in kind, 2017-2020, K t

Exports helical springs from Germany

Exports in kind, K t

In 2020, Germany exported 152.7 thousand tonnes of helical springs, showing a controlled decrease of 8.8% compared to the previous year. Over the period from 2017 to 2020, exports fell by 11.5%, with a compound annual growth rate of 4.0%. The largest increase was recorded in 2019 at 0.1%.

Annual dynamics of product's exports from Germany in kind, 2017-2020, K t

From 2017 to 2020, Germany traded helical springs with numerous countries. Even the largest destinations—Poland, the United Kingdom, and France—together accounted for only 36.7% of total exports in volume terms.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Germany in kind, 2017-2020

Exports in value, M $ US

Helical springs exports from Germany declined for the second consecutive year. In 2020, Germany exported 825.9 million US dollars worth of helical springs, which is 7.9% less than in 2019. Between 2017 and 2020, exports decreased by 6.7%, equating to an annualized rate of 2.3%. The highest value was recorded in 2018 at 966.3 million US dollars, which also saw the largest increase of 9.2%.

Annual dynamics of product's exports from Germany in value, 2017-2020, M $ US

From 2017 to 2020, Germany's export partner portfolio for helical springs in value terms was quite broad. Poland (10.5% of exports in value terms), Czechia (9.9%), and China (7.8%) together represented only 28.2% of total flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Germany in value, 2017-2020

Imports helical springs to Germany

Imports in kind, K t

Germany's imports of helical springs declined for the second consecutive year. In 2020, imports amounted to 45.7 thousand tonnes, equivalent to a 10.5% decrease from the previous year. Over the period from 2017 to 2020, imports fell by 15.3%, with a compound annual growth rate of 5.4%. The highest volume was recorded in 2018 at 55.2 thousand tonnes, which also saw the largest increase of 2.1%.

Annual dynamics of product's imports to Germany in kind, 2017-2020, K t

From 2017 to 2020, Germany's imports of helical springs in volume terms were characterized by a broad spread across markets. Czechia (18.3% of imports in volume terms), Sweden (12.2%), and Poland (7.4%) together accounted for only 37.9% of total flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Germany in kind, 2017-2020

Imports in value, M $ US

Germany's helical springs imports declined for the second consecutive year. In 2020, imports registered 280.9 million US dollars, showing a substantial decline of 10.6% from 2019. Between 2017 and 2020, imports decreased by 8.9%, equating to an annualized rate of 3.0%. The highest value was recorded in 2018 at 344.6 million US dollars, which also saw the largest increase of 11.8%.

Annual dynamics of product's imports to Germany in value, 2017-2020, M $ US

From 2017 to 2020, helical springs were supplied to Germany from a broad set of markets. Czechia (22.1% of imports in value terms), Switzerland (13.8%), and Sweden (6.5%) together accounted for only 42.4% of total imports in value terms, while many smaller destinations made up the remaining 57.6%.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Germany in value, 2017-2020