Eastern Europe: Metal Washer Market 2025

Metal Washer Market Size in Eastern Europe

The East European metal washer market skyrocketed to $X in 2021, rising by 34% against the previous year. The market value increased at an average annual rate of +1.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Metal Washer Production in Eastern Europe

In value terms, metal washer production surged to $X in 2021 estimated in export price. In general, production, however, saw a noticeable decrease. The pace of growth was the most pronounced in 2019 when the production volume increased by 96% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Metal Washer Exports

Exports in Eastern Europe

In 2021, overseas shipments of iron or steel washers were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when exports increased by 23%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, metal washer exports soared to $X in 2021. In general, exports saw a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The biggest shipments were from the Czech Republic (X tons), Poland (X tons), Slovakia (X tons) and Russia (X tons), together recording 85% of total export. It was distantly followed by Hungary (X tons), committing a 4.7% share of total exports. The following exporters - Romania (X tons) and Lithuania (X tons) - each resulted at a 5.9% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +8.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest metal washer supplying countries in Eastern Europe were the Czech Republic ($X), Poland ($X) and Hungary ($X), with a combined 67% share of total exports. These countries were followed by Russia, Slovakia, Romania and Lithuania, which together accounted for a further 28%.

Lithuania, with a CAGR of +7.8%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per ton, increasing by 20% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The level of export peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Hungary ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lithuania (+4.1%), while the other leaders experienced more modest paces of growth.

Metal Washer Imports

Imports in Eastern Europe

In 2021, imports of iron or steel washers in Eastern Europe soared to X tons, picking up by 23% against the previous year. Total imports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +5.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal washer imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +3.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Russia (X tons) was the major importer of iron or steel washers, generating 39% of total imports. It was distantly followed by Poland (X tons), the Czech Republic (X tons), Slovakia (X tons) and Romania (X tons), together constituting a 49% share of total imports. The following importers - Hungary (X tons) and Ukraine (X tons) - each resulted at a 7.8% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +10.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest metal washer importing markets in Eastern Europe were the Czech Republic ($X), Poland ($X) and Russia ($X), together accounting for 65% of total imports.

Russia, with a CAGR of +7.8%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2021, increasing by 4.4% against the previous year. In general, the import price, however, recorded a pronounced slump. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Hungary ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+1.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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