Poland: Metal Washer Market 2024

Metal Washer Market Size in Poland

The Polish metal washer market soared to $X in 2021, surging by 22% against the previous year. In general, the total consumption indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +8.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level in 2021 and is likely to see steady growth in the immediate term.

Metal Washer Production in Poland

In value terms, metal washer production fell slightly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 3%. Over the period under review, production hit record highs at $X in 2020, and then fell modestly in the following year.

Metal Washer Exports

Exports from Poland

After two years of decline, overseas shipments of iron or steel washers increased by 13% to X tons in 2021. Over the period under review, exports, however, saw a abrupt slump. The pace of growth was the most pronounced in 2018 with an increase of 18% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, metal washer exports skyrocketed to $X in 2021. In general, exports, however, showed a abrupt curtailment. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for metal washer exports from Poland, accounting for a 48% share of total exports. Moreover, metal washer exports to Germany exceeded the volume sent to the second major destination, Lithuania (X tons), sixfold. The third position in this ranking was taken by the Czech Republic (X tons), with a 6.6% share.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at -12.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+9.6% per year) and the Czech Republic (-1.2% per year).

In value terms, Germany ($X) remains the key foreign market for iron or steel washers exports from Poland, comprising 30% of total exports. The second position in the ranking was held by the Czech Republic ($X), with an 8% share of total exports. It was followed by Hong Kong SAR, with a 4.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled -15.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (-1.5% per year) and Hong Kong SAR (+107.2% per year).

Export Prices by Country

In 2021, the average metal washer export price amounted to $X per ton, jumping by 24% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Washer Imports

Imports into Poland

In 2021, approx. X tons of iron or steel washers were imported into Poland; increasing by 22% against the year before. Overall, total imports indicated a temperate expansion from 2012 to 2021: its volume increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +85.3% against 2013 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal washer imports soared to $X in 2021. In general, total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine years. 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.

Imports by Country

In 2021, China (X tons) constituted the largest metal washer supplier to Poland, with a 41% share of total imports. Moreover, metal washer imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. Sweden (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +45.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+3.4% per year) and Sweden (+2.1% per year).

In value terms, Germany ($X), China ($X) and Sweden ($X) constituted the largest metal washer suppliers to Poland, with a combined 46% share of total imports.

In terms of the main suppliers, China, with a CAGR of +27.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average metal washer import price amounted to $X per ton, growing by 7.5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2013 an increase of 26% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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