Japan - Iron Or Steel Spring Washers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Spring Washer Price in Japan - 2023
Contents:
- Metal Spring Washer Price in Japan (FOB) - 2023
- Metal Spring Washer Price in Japan (CIF) - 2022
- Metal Spring Washer Exports in Japan
- Metal Spring Washer Imports in Japan
Metal Spring Washer Price in Japan (FOB) - 2023
The average metal spring washer export price stood at $20,948 per ton in July 2023, jumping by 20% against the previous month. Overall, export price indicated a moderate expansion from July 2022 to July 2023: its price increased at an average monthly rate of +4.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, metal spring washer export price increased by +30.5% against April 2023 indices. The most prominent rate of growth was recorded in January 2023 an increase of 100% m-o-m. As a result, the export price reached the peak level of $28,214 per ton. From February 2023 to July 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Indonesia ($27,051 per ton), while the average price for exports to Thailand ($8,071 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Spring Washer Price in Japan (CIF) - 2022
The average metal spring washer import price stood at $4,597 per ton in 2022, picking up by 7.9% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 61% against the previous year. As a result, import price reached the peak level of $6,026 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
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 Sweden ($9,674 per ton), while the price for Taiwan (Chinese) ($491 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Spring Washer Exports in Japan
In 2022, metal spring washer exports from Japan expanded modestly to 1.8K tons, growing by 3% against the previous year's figure. In general, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +9.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 60%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, metal spring washer exports totaled $28M in 2022. The total export value increased at an average annual rate of +5.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 37%. The exports peaked in 2022 and are likely to continue growth in the near future.
Export of Metal Spring Washer in Japan (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 5.3 | 5.1 | 6.2 | 5.8 | 3.1% |
United States | 3.9 | 3.2 | 4.7 | 4.2 | 2.5% |
Thailand | 2.9 | 1.9 | 3.4 | 3.2 | 3.3% |
Indonesia | 2.2 | 0.9 | 2.0 | 3.0 | 10.9% |
Taiwan (Chinese) | 1.2 | 1.4 | 1.6 | 1.5 | 7.7% |
India | 0.7 | 0.8 | 1.2 | 1.3 | 22.9% |
Malaysia | 0.5 | 0.4 | 0.5 | 0.6 | 6.3% |
Others | 7.0 | 6.3 | 8.0 | 8.1 | 5.0% |
Total | 23.8 | 20.2 | 27.6 | 27.7 | 5.2% |
Top Export Markets for Metal Spring Washer from Japan in 2022:
- Thailand (435.1 tons)
- United States (319.6 tons)
- China (293.0 tons)
- India (177.0 tons)
- Taiwan (Chinese) (121.0 tons)
- Indonesia (112.4 tons)
- Malaysia (76.9 tons)
Metal Spring Washer Imports in Japan
In 2022, metal spring washer imports into Japan reduced to 4.1K tons, falling by -11.5% compared with 2021 figures. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +7.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +30.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 47% against the previous year. As a result, imports reached the peak of 4.6K tons, and then shrank in the following year.
In value terms, metal spring washer imports fell modestly to $19M in 2022. The total import value increased at an average annual rate of +1.0% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year. As a result, imports reached the peak of $20M, and then dropped slightly in the following year.
Import of Metal Spring Washer in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 9.9 | 8.7 | 10.3 | 10.4 | 1.7% |
Sweden | 3.7 | 3.4 | 4.0 | 3.3 | -3.7% |
Thailand | 0.9 | 0.6 | 1.3 | 1.1 | 6.9% |
Germany | 0.5 | 0.5 | 0.7 | 0.8 | 17.0% |
Taiwan (Chinese) | 0.5 | 0.3 | 0.6 | 0.5 | 0.0% |
Vietnam | 0.5 | 0.3 | 0.5 | 0.4 | -7.2% |
Others | 2.4 | 2.1 | 2.5 | 2.5 | 1.4% |
Total | 18.3 | 15.9 | 19.8 | 18.9 | 1.1% |
Top Suppliers of Metal Spring Washer to Japan in 2022:
- China (1308.1 tons)
- Taiwan (Chinese) (998.7 tons)
- Thailand (854.8 tons)
- Sweden (337.6 tons)
- Germany (256.4 tons)
- Vietnam (240.9 tons)
This report provides an in-depth analysis of the metal spring washer market in Japan. 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:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- 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
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