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Germany - Iron Or Steel Spring Washers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIn 2023, Germany Sees An 8% Boost in Metal Spring Washer Exports, Reaching $276 Million.
Germany Metal Spring Washer Exports
Metal spring washer exports from Germany shrank to 12K tons in 2023, with a decrease of -7.9% compared with 2022 figures. The total export volume increased at an average annual rate of +2.3% over the period from 2013 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 23%. Over the period under review, the exports hit record highs at 15K tons in 2018; however, from 2019 to 2023, the exports remained at a lower figure.
In value terms, metal spring washer exports totaled $276M (IndexBox estimates) in 2023. The total export value increased at an average annual rate of +3.4% from 2013 to 2023; 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 22%. The exports peaked in 2023 and are likely to see steady growth in the near future.
COUNTRY | Export Value of Metal Spring Washer in Germany (million USD) | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
United States | 24.8 | 28.0 | 25.4 | 25.7 | 32.4 | 43.4 | 46.0 | 35.5 | 38.6 | 34.1 | 32.5 |
China | 18.6 | 23.1 | 19.2 | 23.3 | 29.0 | 32.0 | 25.9 | 28.3 | 30.5 | 23.8 | 23.9 |
France | 17.7 | 19.7 | 16.9 | 16.3 | 17.8 | 19.1 | 18.1 | 18.0 | 20.9 | 18.6 | 21.9 |
Poland | 7.7 | 9.3 | 9.6 | 8.9 | 9.5 | 11.3 | 11.3 | 11.4 | 15.3 | 14.7 | 16.3 |
Italy | 6.2 | 6.5 | 5.0 | 5.3 | 7.0 | 8.9 | 9.7 | 9.2 | 13.5 | 12.4 | 13.9 |
Austria | 12.9 | 13.1 | 11.6 | 11.7 | 13.5 | 15.7 | 13.8 | 11.2 | 14.5 | 13.3 | 12.7 |
Czech Republic | 9.0 | 9.4 | 8.4 | 8.6 | 9.2 | 10.7 | 9.7 | 8.5 | 10.3 | 11.1 | 12.5 |
Others | 99.5 | 105 | 92.0 | 103 | 116 | 119 | 110 | 102 | 129 | 127 | 142 |
Total | 196 | 214 | 188 | 203 | 235 | 260 | 245 | 224 | 272 | 255 | 276 |
Exports by Country
the United States (1.6K tons), France (1K tons) and China (781 tons) were the main destinations of metal spring washer exports from Germany, with a combined 27% share of total exports. Poland, Austria, Italy and the Czech Republic lagged somewhat behind, together accounting for a further 22%.
From 2013 to 2023, the biggest increases were recorded for Italy (with a CAGR of +6.0%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the United States ($32M), China ($24M) and France ($22M) were the largest markets for metal spring washer exported from Germany worldwide, together comprising 28% of total exports. Poland, Italy, Austria and the Czech Republic lagged somewhat behind, together comprising a further 20%.
Italy, with a CAGR of +8.4%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2023, the metal spring washer price stood at $22,117 per ton (FOB, Germany), growing by 17% against the previous year. Over the period from 2013 to 2023, it increased at an average annual rate of +1.1%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was China ($30,647 per ton), while the average price for exports to Denmark ($8,390 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the metal spring washer 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 25941210 - Iron or steel spring washers and other lock washers
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:
- 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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024