Sweden: Metal Spring Washer Market 2025

Metal Spring Washer Market Size in Sweden

After three years of growth, the Swedish metal spring washer market decreased by -15.8% to $X in 2022. The market value increased at an average annual rate of +2.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2021, and then fell dramatically in the following year.

Metal Spring Washer Production in Sweden

In value terms, metal spring washer production declined to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.9% 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 2014 with an increase of 29%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Metal Spring Washer Exports

Exports from Sweden

In 2022, approx. X tons of iron or steel spring washers were exported from Sweden; with a decrease of -2.8% against 2021 figures. The total export volume increased at an average annual rate of +3.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when exports increased by 41%. Over the period under review, the exports reached the maximum at X tons in 2021, and then reduced in the following year.

In value terms, metal spring washer exports dropped to $X in 2022. Overall, total exports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +6.4% 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 +21.9% against 2020 indices. The growth pace was the most rapid in 2014 when exports increased by 39%. Over the period under review, the exports attained the peak figure at $X in 2021, and then dropped modestly in the following year.

Exports by Country

Germany (X tons) was the main destination for metal spring washer exports from Sweden, with a 36% share of total exports. Moreover, metal spring washer exports to Germany exceeded the volume sent to the second major destination, China (X tons), threefold. The third position in this ranking was held by the United States (X tons), with a 9.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to +10.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+17.1% per year) and the United States (+3.6% per year).

In value terms, the largest markets for metal spring washer exported from Sweden were Germany ($X), the United States ($X) and China ($X), together accounting for 55% of total exports.

Among the main countries of destination, China, with a CAGR of +18.2%, 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, with an increase of 1.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The pace of growth appeared the most rapid in 2013 when the average export price increased by 17%. The export price peaked in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Brazil ($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 Norway (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Spring Washer Imports

Imports into Sweden

In 2022, approx. X tons of iron or steel spring washers were imported into Sweden; surging by 2.6% against 2021. The total import volume increased at an average annual rate of +2.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 28% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, metal spring washer imports contracted to $X in 2022. Overall, imports showed a strong increase. The pace of growth was the most pronounced in 2020 when imports increased by 48%. Over the period under review, imports hit record highs at $X in 2021, and then reduced in the following year.

Imports by Country

Italy (X tons), Germany (X tons) and China (X tons) were the main suppliers of metal spring washer imports to Sweden, together accounting for 80% of total imports. Belgium, the Netherlands, Denmark, India, Taiwan (Chinese), France and the UK lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of +14.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of iron or steel spring washers to Sweden, comprising 53% of total imports. The second position in the ranking was held by Germany ($X), with a 25% share of total imports. It was followed by Denmark, with a 3.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy amounted to +24.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+2.4% per year) and Denmark (+12.4% per year).

Import Prices by Country

The average metal spring washer import price stood at $X per ton in 2022, which is down by -15.2% against the previous year. In general, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 an increase of 27%. Over the period under review, average import prices reached the maximum at $X per ton in 2021, and then plummeted in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for the Netherlands ($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 (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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