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Report World - Iron or Steel Washers - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Mar 1, 2025

World - Iron or Steel Washers - Market Analysis, Forecast, Size, Trends and Insights

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Global Metal Washer Market 2025

Metal Washer Market Size

The global metal washer market rose sharply to $X in 2021, increasing by 9.4% against the previous year. In general, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the global market failed to regain momentum.

Metal Washer Production

In value terms, metal washer production expanded notably to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.8% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 when the production volume increased by 33% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, global production growth failed to regain momentum.

Metal Washer Exports

Exports

In 2021, shipments abroad of iron or steel washers increased by 21% to X tons for the first time since 2018, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +4.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal washer exports surged to $X in 2021. The total export value increased at an average annual rate of +4.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China prevails in exports structure, finishing at X tons, which was approx. 52% of total exports in 2021. Germany (X tons) ranks second in terms of the total exports with a 7.8% share, followed by the United States (7.1%) and India (4.7%). Taiwan (Chinese) (X tons), Japan (X tons), Italy (X tons) and the Netherlands (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to metal washer exports from China stood at +6.7%. At the same time, the Netherlands (+12.6%), Italy (+6.2%), India (+4.4%), the United States (+2.5%), Japan (+2.4%) and Germany (+2.4%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of +12.6% from 2012-2021. Taiwan (Chinese) experienced a relatively flat trend pattern. From 2012 to 2021, the share of China increased by +8.1 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest metal washer supplier worldwide, comprising 27% of global exports. The second position in the ranking was taken by Germany ($X), with a 13% share of global exports. It was followed by the United States, with an 11% share.

From 2012 to 2021, the average annual growth rate of value in China stood at +10.3%. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (+3.0% per year) and the United States (+3.8% per year).

Export Prices by Country

In 2021, the average metal washer export price amounted to $X per ton, rising by 6.1% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The global export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($X per ton), while India ($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) (+4.0%), while the other global leaders experienced more modest paces of growth.

Metal Washer Imports

Imports

In 2021, supplies from abroad of iron or steel washers was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +3.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached 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 +1.8% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. Global imports peaked at $X in 2018; afterwards, it flattened through to 2021.

Imports by Country

The United States (X tons) and Mexico (X tons) represented roughly 28% of total imports in 2021. It was distantly followed by Germany (X tons), Canada (X tons) and Russia (X tons), together making up a 19% share of total imports. Spain (X tons), Poland (X tons), France (X tons), the Netherlands (X tons), China (X tons), the UK (X tons), the Czech Republic (X tons) and Australia (X tons) took a relatively small 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 global leaders experienced more modest paces of growth.

In value terms, the largest metal washer importing markets worldwide were the United States ($X), China ($X) and Mexico ($X), with a combined 31% share of global imports. These countries were followed by Germany, the UK, Canada, the Czech Republic, Poland, France, the Netherlands, Russia, Australia and Spain, which together accounted for a further 31%.

The UK, with a CAGR of +9.5%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average metal washer import price stood at $X per ton in 2021, with an increase of 2.1% against the previous year. Over the period under review, the import price, however, saw a slight shrinkage. The growth pace was the most rapid in 2013 when the average import price increased by 6.3%. Global import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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 China ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+5.7%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China constituted the country with the largest volume of metal washer consumption, accounting for 26% of total volume. Moreover, metal washer consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 9.4% share.
The country with the largest volume of metal washer production was China, accounting for 44% of total volume. Moreover, metal washer production in China exceeded the figures recorded by the second-largest producer, India, fourfold. The third position in this ranking was occupied by Indonesia, with a 4.9% share.
In value terms, China, Germany and the United States constituted the countries with the highest levels of exports in 2021, with a combined 51% share of global exports. Japan, Taiwan Chinese), Italy, the Netherlands and India lagged somewhat behind, together comprising a further 24%.
In value terms, the largest metal washer importing markets worldwide were the United States, China and Germany, together accounting for 32% of global imports. Thailand, Mexico, the Czech Republic, Poland, France, the Netherlands, Canada, Russia, Japan and Spain lagged somewhat behind, together comprising a further 31%.
The average metal washer export price stood at $5,009 per ton in 2021, increasing by 9% against the previous year.
The average metal washer import price stood at $5,443 per ton in 2021, remaining stable against the previous year.

This report provides an in-depth analysis of the global metal washer market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 25941230 - Iron or steel washers (excluding spring washers and other lock washers)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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