EU: Metal Spring Washer Market 2025

Metal Spring Washer Market Size in the EU

The EU metal spring washer market expanded notably to $X in 2022, rising by 12% against the previous year. The market value increased at an average annual rate of +1.4% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Metal Spring Washer Production in the EU

In value terms, metal spring washer production expanded remarkably to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by 7.1% against the previous year. The level of production peaked in 2022 and is expected to retain growth in the near future.

Metal Spring Washer Exports

Exports in the EU

In 2022, the amount of iron or steel spring washers exported in the European Union shrank to X tons, which is down by -5.8% on 2021 figures. The total export volume increased at an average annual rate of +2.2% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 22% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, metal spring washer exports fell modestly to $X in 2022. The total export value increased at an average annual rate of +4.3% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 27%. As a result, the exports attained the peak of $X, and then shrank modestly in the following year.

Exports by Country

Germany was the key exporter of iron or steel spring washers in the European Union, with the volume of exports recording X tons, which was near 44% of total exports in 2022. It was distantly followed by Italy (X tons), Poland (X tons) and France (X tons), together mixing up a 39% share of total exports. The following exporters - Sweden (X tons), the Netherlands (X tons) and Spain (X tons) - together made up 8.8% of total exports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +9.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest metal spring washer supplier in the European Union, comprising 52% of total exports. The second position in the ranking was taken by Italy ($X), with a 12% share of total exports. It was followed by Sweden, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Germany totaled +3.9%. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (+3.9% per year) and Sweden (+6.4% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, remaining relatively unchanged against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2018 an increase of 8.3% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+6.4%), while the other leaders experienced more modest paces of growth.

Metal Spring Washer Imports

Imports in the EU

In 2022, approx. X tons of iron or steel spring washers were imported in the European Union; with a decrease of -8.1% compared with the previous year's figure. Total imports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of +4.8% 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 +14.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 25%. As a result, imports reached the peak of X tons, and then reduced in the following year.

In value terms, metal spring washer imports expanded slightly to $X in 2022. The total import value increased at an average annual rate of +4.6% over the period from 2012 to 2022; 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 32%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Germany (X tons) and Romania (X tons) were the main importers of iron or steel spring washers in the European Union, together creating 35% of total imports. Austria (X tons) took an 11% share (based on physical terms) of total imports, which put it in second place, followed by France (8.7%), Poland (8%) and the Czech Republic (6.4%). Spain (X tons), Hungary (X tons), the Netherlands (X tons), Italy (X tons), Belgium (X tons), Slovakia (X tons) and Sweden (X tons) held a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Romania (with a CAGR of +18.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported iron or steel spring washers in the European Union, comprising 27% of total imports. The second position in the ranking was taken by Austria ($X), with an 11% share of total imports. It was followed by France, with a 10% share.

In Germany, metal spring washer imports expanded at an average annual rate of +5.5% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Austria (+8.1% per year) and France (+3.1% per year).

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, rising by 13% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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