Global Metal Washer Market 2024

Metal Washer Market Size

The global metal washer market fell to $X in 2022, with a decrease of X% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the global market failed to regain momentum.

Metal Washer Production

In value terms, metal washer production fell to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% 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 2019 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, global production growth remained at a somewhat lower figure.

Metal Washer Exports

Exports

In 2022, overseas shipments of iron or steel washers increased by X% to X tons, rising for the second consecutive year after two years of decline. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The global exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, metal washer exports stood at $X in 2022. In general, total exports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The global exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

China prevails in exports structure, reaching X tons, which was near X% of total exports in 2022. The United States (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Germany (X%) and India (X%). The following exporters - the Netherlands (X tons), Japan (X tons), Taiwan (Chinese) (X tons) and Italy (X tons) - each recorded a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to metal washer exports from China stood at X%. At the same time, the Netherlands (X%), Italy (X%), India (X%), the United States (X%), Japan (X%) and Germany (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. By contrast, Taiwan (Chinese) (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China and the Netherlands increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual growth rate of value in China totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (X% per year) and the United States (X% per year).

Export Prices by Country

In 2022, the average metal washer export price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

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 Japan ($X per ton), while India ($X per ton) was amongst the lowest.

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

Metal Washer Imports

Imports

In 2022, purchases abroad of iron or steel washers increased by X% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, global imports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, metal washer imports expanded notably to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, global imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, the United States (X tons), followed by Mexico (X tons), Germany (X tons) and Canada (X tons) were the key importers of iron or steel washers, together mixing up X% of total imports. The following importers - Russia (X tons), Vietnam (X tons), Spain (X tons), Poland (X tons), France (X tons), the Netherlands (X tons), Italy (X tons), the Czech Republic (X tons) and China (X tons) - together made up X% of total imports.

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

In value terms, the United States ($X), China ($X) and Mexico ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of global imports. Germany, Vietnam, Canada, Poland, France, the Netherlands, the Czech Republic, Russia, Italy and Spain lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Russia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, 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 2022, with an increase of X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: 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 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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