Report Update: May 1, 2024

Denmark - Iron Or Steel Spring Washers - Market Analysis, Forecast, Size, Trends And Insights

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Metal Spring Washer Price in Denmark - 2023

Metal Spring Washer Price in Denmark (CIF) - 2023

In June 2023, the average metal spring washer import price amounted to $21,466 per ton, increasing by 288% against the previous month. In general, the import price continues to indicate a tangible increase. Over the period under review, average import prices attained the peak figure at $22,668 per ton in February 2023; however, from March 2023 to June 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($134K per ton), while the price for Finland ($3,194 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Metal Spring Washer Price in Denmark (FOB) - 2022

The average metal spring washer export price stood at $33,137 per ton in 2022, increasing by 14% against the previous year. In general, the export price posted a perceptible expansion. The most prominent rate of growth was recorded in 2014 an increase of 68%. As a result, the export price attained the peak level of $53,513 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($72,841 per ton), while the average price for exports to Luxembourg ($5,960 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 Brazil (+25.6%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Spring Washer Imports in Denmark

Metal spring washer imports into Denmark soared to 373 tons in 2022, rising by 23% on the year before. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +10.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.7% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal spring washer imports reached $4.9M in 2022. The total import value increased at an average annual rate of +12.3% 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 23%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Metal Spring Washer in Denmark (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	1,833	1,878	2,155	2,402	9.4%
Sweden	313	356	535	701	30.8%
Italy	143	153	206	301	28.2%
Hungary	4.5	1.5	0.6	178	240.7%
Czech Republic	42.5	55.3	74.9	146	50.9%
Switzerland	123	136	143	136	3.4%
Netherlands	33.3	38.2	93.4	112	49.8%
China	72.4	82.4	130	86.3	6.0%
Belgium	3.6	7.6	5.1	47.2	135.8%
India	228	79.4	113	35.0	-46.5%
Others	639	812	959	724	4.3%
Total	3,435	3,600	4,414	4,870	12.3%

Top Suppliers of Metal Spring Washer to Denmark in 2022:

Germany (245.8 tons)
Italy (24.0 tons)
Sweden (19.4 tons)
China (15.5 tons)
Hungary (15.5 tons)
Switzerland (8.3 tons)
Netherlands (8.0 tons)
Czech Republic (7.8 tons)
Belgium (6.0 tons)
India (3.3 tons)

Metal Spring Washer Exports in Denmark

In 2022, after three years of growth, there was significant decline in overseas shipments of iron or steel spring washers, when their volume decreased by -16.3% to 97 tons. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +11.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +37.7% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 55%. As a result, the exports reached the peak of 116 tons, and then declined significantly in the following year.

In value terms, metal spring washer exports fell to $3.2M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +17.3% 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 +61.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 69%. As a result, the exports attained the peak of $3.4M, and then fell in the following year.

Export of Metal Spring Washer in Denmark (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	8.9	16.1	27.4	402	256.1%
Sweden	277	287	339	313	4.2%
Germany	95.1	100	96.7	283	43.8%
Hungary	175	214	238	212	6.6%
Brazil	98.4	13.7	109	175	21.2%
United States	71.1	105	378	141	25.6%
Poland	48.9	38.7	173	132	39.2%
Slovakia	148	225	75.0	124	-5.7%
Norway	46.4	67.9	184	107	32.1%
China	124	56.7	391	102	-6.3%
Serbia	9.2	26.2	47.1	38.6	61.3%
Switzerland	13.1	32.8	12.7	26.2	26.0%
Luxembourg	8.3	19.4	13.2	13.4	17.3%
Others	868	803	1,302	1,147	9.7%
Total	1,992	2,004	3,385	3,216	17.3%

Top Export Markets for Metal Spring Washer from Denmark in 2022:

Poland (12.1 tons)
Hungary (9.0 tons)
Norway (8.7 tons)
Netherlands (7.8 tons)
Sweden (6.9 tons)
Slovakia (6.9 tons)
Germany (5.7 tons)
Switzerland (3.5 tons)
Serbia (3.1 tons)
United States (2.7 tons)
China (2.5 tons)
Brazil (2.4 tons)
Luxembourg (2.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal spring washer market in Denmark. 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:

Denmark

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Denmark
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.

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. 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. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023