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Poland - Iron Or Steel Spring Washers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPoland Sees Significant Rise in Metal Spring Washer Imports Reaching $35M in 2023
Poland Metal Spring Washer Imports
In 2023, approx. 3K tons of iron or steel spring washers were imported into Poland; which is down by -13% compared with 2022 figures. In general, imports saw a abrupt decrease. The pace of growth was the most pronounced in 2015 when imports increased by 27% against the previous year. As a result, imports reached the peak of 7K tons. From 2016 to 2023, the growth of imports remained at a somewhat lower figure.
In value terms, metal spring washer imports rose notably to $35M (IndexBox estimates) in 2023. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 34% against the previous year. Over the period under review, imports hit record highs at $47M in 2018; however, from 2019 to 2023, imports remained at a lower figure.
COUNTRY | Import Value of Metal Spring Washer in Poland (million USD) | ||||||||||
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2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
Germany | 5.9 | 7.0 | 6.0 | 5.8 | 7.0 | 8.9 | 8.6 | 11.9 | 14.7 | 14.8 | 16.0 |
United States | 0.6 | 0.8 | 1.2 | 2.4 | 2.1 | 2.7 | 3.3 | 2.3 | 2.3 | 3.1 | 4.5 |
Italy | 2.7 | 1.6 | 1.1 | 1.0 | 1.4 | 1.6 | 1.3 | 1.3 | 3.0 | 3.4 | 3.1 |
China | 1.2 | 1.4 | 1.8 | 2.3 | 2.5 | 3.6 | 3.4 | 2.4 | 2.9 | 2.0 | 2.1 |
Spain | 1.1 | 0.6 | 0.8 | 0.9 | 1.3 | 1.4 | 1.1 | 0.8 | 1.2 | 1.3 | 2.1 |
Czech Republic | 0.3 | 0.3 | 0.3 | 0.2 | 0.4 | 0.5 | 0.3 | 0.4 | 0.5 | 1.0 | 1.4 |
Austria | N/A | 0.1 | N/A | N/A | N/A | 0.2 | 0.1 | 0.1 | 0.9 | 0.7 | 1.1 |
United Kingdom | 0.8 | 1.0 | 0.9 | 0.8 | 1.0 | 1.2 | 1.2 | 0.8 | 0.8 | 1.0 | 1.0 |
France | 0.4 | 0.3 | 0.2 | 0.1 | 0.2 | 0.4 | 0.5 | 0.8 | 0.9 | 0.9 | 1.0 |
Others | 19.8 | 21.3 | 19.5 | 18.4 | 21.0 | 26.7 | 25.2 | 1.9 | 3.3 | 2.8 | 3.0 |
Total | 32.7 | 34.6 | 31.9 | 32.1 | 37.1 | 47.3 | 44.9 | 22.7 | 30.5 | 31.0 | 35.3 |
Imports by Country
Germany (890 tons), China (663 tons) and Italy (577 tons) were the main suppliers of metal spring washer imports to Poland, together comprising 72% of total imports. Spain, the Czech Republic, the UK, France, Austria and the United States lagged somewhat behind, together comprising a further 18%.
From 2013 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +28.3%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Germany ($16M) constituted the largest supplier of iron or steel spring washers to Poland, comprising 45% of total imports. The second position in the ranking was held by the United States ($4.5M), with a 13% share of total imports. It was followed by Italy, with an 8.9% share.
From 2013 to 2023, the average annual rate of growth in terms of value from Germany stood at +10.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+23.0% per year) and Italy (+1.6% per year).
Import Prices by Country
In 2023, the metal spring washer price amounted to $11,955 per ton (CIF, Poland), picking up by 31% against the previous year. Over the period under review, the import price saw a prominent expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($31,883 per ton), while the price for China ($3,201 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+30.2%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the metal spring washer market in Poland. 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 25941210 - Iron or steel spring washers and other lock washers
Country coverage:
- Poland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Poland
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023