Germany - Iron Or Steel Spring Washers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingExport of Metal Spring Washers in Germany Increases to $24M in September 2023
Germany Metal Spring Washer Exports
In September 2023, exports of iron or steel spring washers from Germany reduced modestly to 918 tons, approximately mirroring the previous month's figure. In general, exports showed a noticeable descent. The pace of growth was the most pronounced in May 2023 with an increase of 52% m-o-m.
In value terms, metal spring washer exports rose to $24M (IndexBox estimates) in September 2023. Overall, exports, however, continue to indicate a modest expansion. The pace of growth appeared the most rapid in January 2023 when exports increased by 23% m-o-m.
| COUNTRY | Export Value of Metal Spring Washer in Germany (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | |
| United States | 3.0 | 2.3 | 2.3 | 2.5 | 2.4 | 2.2 | 2.9 | 2.8 | 2.4 | 2.9 | 3.3 | 2.9 | 3.3 |
| China | 1.7 | 2.0 | 2.1 | 1.6 | 2.1 | 1.7 | 2.0 | 1.8 | 1.8 | 1.9 | 1.8 | 2.2 | 2.3 |
| France | 1.6 | 1.7 | 1.4 | 1.5 | 1.9 | 2.2 | 2.1 | 1.6 | 1.9 | 1.9 | 2.1 | 1.6 | 1.8 |
| Poland | 1.2 | 1.2 | 1.3 | 0.9 | 1.4 | 1.4 | 1.3 | 1.1 | 1.5 | 1.2 | 1.2 | 1.4 | 1.2 |
| Italy | 1.1 | 1.0 | 1.1 | 0.8 | 1.2 | 1.6 | 1.3 | 1.0 | 1.4 | 1.1 | 1.3 | 0.8 | 1.1 |
| Austria | 1.1 | 0.8 | 0.9 | 0.7 | 1.0 | 1.2 | 1.1 | 1.2 | 1.1 | 1.2 | 1.2 | 1.0 | 1.1 |
| Netherlands | 1.0 | 1.0 | 0.9 | 0.8 | 1.1 | 1.4 | 1.3 | 0.8 | 1.2 | 0.7 | 1.4 | 0.6 | 0.9 |
| Others | 10.4 | 10.2 | 9.9 | 9.4 | 11.3 | 12.9 | 12.7 | 10.5 | 12.8 | 11.2 | 12.3 | 12.4 | 12.2 |
| Total | 21.2 | 20.2 | 19.9 | 18.2 | 22.5 | 24.6 | 24.7 | 20.9 | 24.1 | 22.2 | 24.6 | 23.0 | 23.7 |
Exports by Country
The United States (129 tons), France (73 tons) and China (66 tons) were the main destinations of metal spring washer exports from Germany, together comprising 29% of total exports.
From September 2022 to September 2023, the biggest increases were in China (with a CAGR of -0.8%), while shipments for the other leaders experienced a decline.
In value terms, the United States ($3.3M), China ($2.3M) and France ($1.8M) were the largest markets for metal spring washer exported from Germany worldwide, together comprising 31% of total exports.
In terms of the main countries of destination, China, with a CAGR of +2.2%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In September 2023, the metal spring washer price stood at $25,849 per ton (FOB, Germany), picking up by 3.9% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +3.7%. The most prominent rate of growth was recorded in April 2023 an increase of 34% against the previous month. Over the period under review, the average export prices hit record highs in September 2023.
Prices varied noticeably by the country of destination: the country with the highest price was China ($34,143 per ton), while the average price for exports to Denmark ($9,060 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+8.1%), 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
