Europe: Metal Spring Washer Market 2025

Metal Spring Washer Market Size in Europe

The Europe metal spring washer market rose remarkably to $X in 2022, increasing by 9.6% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Metal Spring Washer Production in Europe

In value terms, metal spring washer production amounted to $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Metal Spring Washer Exports

Exports in Europe

In 2022, exports of iron or steel spring washers in Europe dropped to X tons, waning by -5.5% against 2021 figures. The total export volume increased at an average annual rate of +1.8% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 23% against the previous year. Over the period under review, the exports attained the peak figure 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 declined slightly to $X in 2022. Total exports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +4.3% 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 +23.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 28%. As a result, the exports reached the peak of $X, and then shrank in the following year.

Exports by Country

Germany represented the major exporting country with an export of around X tons, which resulted at 38% of total exports. Italy (X tons) took a 21% share (based on physical terms) of total exports, which put it in second place, followed by Poland (7.3%), Bosnia and Herzegovina (7.2%) and France (4.6%). The following exporters - Sweden (X tons), Russia (X tons), the Netherlands (X tons), the UK (X tons), Spain (X tons), Austria (X tons) and the Czech Republic (X tons) - together made up 16% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Poland (with a CAGR of +9.1%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest metal spring washer supplier in Europe, comprising 46% of total exports. The second position in the ranking was held by Italy ($X), with a 10% share of total exports. It was followed by Sweden, with a 10% share.

From 2012 to 2022, the average annual growth rate of value in Germany stood at +3.9%. In the other countries, the average annual rates were as follows: Italy (+3.9% per year) and Sweden (+6.4% per year).

Export Prices by Country

The export price in Europe stood at $X per ton in 2022, picking up by 2.1% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2019 an increase of 8.6% against the previous year. The level of export peaked in 2022 and is likely to see steady 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 the Czech Republic (+7.5%), while the other leaders experienced more modest paces of growth.

Metal Spring Washer Imports

Imports in Europe

In 2022, metal spring washer imports in Europe fell to X tons, with a decrease of -7.9% on the previous year's figure. The total import volume increased at an average annual rate of +4.2% from 2012 to 2022; 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 24%. As a result, imports reached the peak of X tons, and then fell in the following year.

In value terms, metal spring washer imports totaled $X in 2022. The total import value increased at an average annual rate of +4.5% 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% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

Imports by Country

Germany (X tons) and Romania (X tons) represented roughly 32% of total imports in 2022. Austria (X tons) took the next position in the ranking, followed by France (X tons), Poland (X tons) and the Czech Republic (X tons). All these countries together held near 30% share of total imports. The UK (X tons), Spain (X tons), Hungary (X tons), the Netherlands (X tons), Italy (X tons), Belgium (X tons) and Slovakia (X tons) followed a long way behind the leaders.

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 ($X) constitutes the largest market for imported iron or steel spring washers in Europe, comprising 23% of total imports. The second position in the ranking was held by Austria ($X), with a 9.6% share of total imports. It was followed by France, with a 9% 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 Europe stood at $X per ton in 2022, surging by 13% against the previous year. In general, the import price recorded a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: 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