Czech Republic: Metal Spring Washer Market 2025

Metal Spring Washer Market Size in the Czech Republic

The Czech metal spring washer market shrank modestly to $X in 2022, with a decrease of -4.2% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. Metal spring washer consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Metal Spring Washer Production in the Czech Republic

In value terms, metal spring washer production reached $X in 2022 estimated in export price. Overall, the total production indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +7.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.2% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by 32%. Metal spring washer production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Metal Spring Washer Exports

Exports from the Czech Republic

In 2022, shipments abroad of iron or steel spring washers increased by 2.8% to X tons, rising for the second consecutive year after two years of decline. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 133%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, metal spring washer exports reached $X in 2022. Overall, total exports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +27.6% against 2020 indices. The growth pace was the most rapid in 2013 when exports increased by 68% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Slovakia (X tons) was the main destination for metal spring washer exports from the Czech Republic, with a 19% share of total exports. Moreover, metal spring washer exports to Slovakia exceeded the volume sent to the second major destination, the United States (X tons), twofold. The third position in this ranking was taken by India (X tons), with an 8.9% share.

From 2012 to 2022, the average annual growth rate of volume to Slovakia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+24.6% per year) and India (+42.9% per year).

In value terms, the largest markets for metal spring washer exported from the Czech Republic were Slovakia ($X), the United States ($X) and Germany ($X), together comprising 36% of total exports. India, China, Poland, Mexico, Hungary, Brazil, Italy, Romania, Austria and Spain lagged somewhat behind, together accounting for a further 49%.

Among the main countries of destination, Mexico, with a CAGR of +58.5%, saw the highest rates of growth with regard to 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

The average metal spring washer export price stood at $X per ton in 2022, approximately equating the previous year. Over the period under review, the export price continues to indicate a remarkable increase. The growth pace was the most rapid in 2019 an increase of 40% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Spring Washer Imports

Imports into the Czech Republic

In 2022, supplies from abroad of iron or steel spring washers increased by 3.8% to X tons, rising for the second year in a row after two years of decline. Overall, total imports indicated a slight increase from 2012 to 2022: its volume increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +22.5% against 2020 indices. The pace of growth was the most pronounced in 2018 when imports increased by 45%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, metal spring washer imports shrank slightly to $X in 2022. The total import value increased at an average annual rate of +2.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when imports increased by 42%. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of metal spring washer to the Czech Republic, with a 52% share of total imports. Moreover, metal spring washer imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. The third position in this ranking was taken by China (X tons), with a 5.1% share.

From 2012 to 2022, the average annual growth rate of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+14.9% per year) and China (+10.8% per year).

In value terms, Germany ($X) constituted the largest supplier of iron or steel spring washers to the Czech Republic, comprising 56% of total imports. The second position in the ranking was taken by Italy ($X), with a 9% share of total imports. It was followed by Slovakia, with a 3.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+7.9% per year) and Slovakia (+15.6% per year).

Import Prices by Country

The average metal spring washer import price stood at $X per ton in 2022, shrinking by -5.9% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average import price increased by 41%. The import price peaked at $X per ton in 2021, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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