Hungary - Iron Or Steel Spring Washers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Spring Washer Price in Hungary - 2023
Contents:
- Metal Spring Washer Price in Hungary (CIF) - 2022
- Metal Spring Washer Price in Hungary (FOB) - 2022
- Metal Spring Washer Imports in Hungary
- Metal Spring Washer Exports in Hungary
Metal Spring Washer Price in Hungary (CIF) - 2022
The average metal spring washer import price stood at $11,647 per ton in 2022, with an increase of 4.8% against the previous year. Over the period under review, the import price, however, saw a noticeable reduction. The most prominent rate of growth was recorded in 2016 an increase of 15%. The import price peaked at $14,764 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($26,737 per ton), while the price for China ($4,364 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Spring Washer Price in Hungary (FOB) - 2022
The average metal spring washer export price stood at $19,623 per ton in 2022, picking up by 18% against the previous year. In general, the export price, however, showed a perceptible decrease. The pace of growth appeared the most rapid in 2016 an increase of 25% against the previous year. Over the period under review, the average export prices reached the peak figure at $27,008 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($47,818 per ton), while the average price for exports to Thailand ($5,316 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 the UK (+16.1%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Spring Washer Imports in Hungary
In 2022, the amount of iron or steel spring washers imported into Hungary expanded slightly to 1.9K tons, picking up by 4.1% compared with 2021 figures. The total import volume increased at an average annual rate of +4.9% over the period from 2019 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 39%. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, metal spring washer imports amounted to $22M in 2022. The total import value increased at an average annual rate of +3.9% 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 likely to see gradual growth in the immediate term.
| Import of Metal Spring Washer in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 8.6 | 7.5 | 9.1 | 10.7 | 7.6% |
| Austria | 0.2 | 0.6 | 1.9 | 2.5 | 132.1% |
| Slovakia | 3.1 | 1.8 | 1.9 | 2.0 | -13.6% |
| Italy | 1.3 | 1.0 | 1.4 | 1.4 | 2.5% |
| Netherlands | 1.3 | 0.9 | 1.4 | 1.2 | -2.6% |
| Czech Republic | 0.6 | 0.6 | 0.7 | 0.9 | 14.5% |
| Poland | 0.4 | 0.6 | 0.6 | 0.9 | 31.0% |
| United Kingdom | 0.5 | 0.4 | 0.2 | 0.2 | -26.3% |
| China | 0.2 | 0.1 | 0.2 | 0.2 | 0.0% |
| Others | 3.1 | 2.5 | 2.6 | 1.7 | -18.1% |
| Total | 19.4 | 16.2 | 19.9 | 21.7 | 3.8% |
Top Suppliers of Metal Spring Washer to Hungary in 2022:
- Germany (1060.7 tons)
- Austria (223.8 tons)
- Slovakia (171.5 tons)
- Italy (78.9 tons)
- Czech Republic (66.7 tons)
- Poland (55.8 tons)
- China (48.7 tons)
- Netherlands (46.3 tons)
- United Kingdom (7.6 tons)
Metal Spring Washer Exports in Hungary
For the fourth year in a row, Hungary recorded growth in shipments abroad of iron or steel spring washers, which increased by 23% to 225 tons in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.1% 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 +73.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 25% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, metal spring washer exports skyrocketed to $4.4M in 2022. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Metal Spring Washer in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 895 | 714 | 953 | 1,383 | 15.6% |
| China | 101 | 308 | 166 | 608 | 81.9% |
| India | 179 | 182 | 241 | 479 | 38.8% |
| Ukraine | 253 | 305 | 411 | 314 | 7.5% |
| United Kingdom | 30.8 | 34.4 | 70.7 | 176 | 78.8% |
| Romania | 105 | 89.2 | 113 | 119 | 4.3% |
| Denmark | 74.2 | 52.9 | 99.2 | 119 | 17.1% |
| Spain | 158 | 110 | 95.0 | 82.0 | -19.6% |
| United States | 18.6 | 35.6 | 31.6 | 78.6 | 61.7% |
| Mexico | 34.9 | 54.6 | 78.6 | 72.6 | 27.7% |
| Brazil | 9.1 | 6.4 | 10.4 | 56.0 | 83.3% |
| South Africa | 78.0 | 55.8 | 73.5 | 44.1 | -17.3% |
| Thailand | 38.1 | 21.3 | 36.2 | 36.0 | -1.9% |
| Others | 311 | 556 | 668 | 845 | 39.5% |
| Total | 2,286 | 2,526 | 3,047 | 4,413 | 24.5% |
Top Export Markets for Metal Spring Washer from Hungary in 2022:
- Germany (69.4 tons)
- India (46.0 tons)
- China (21.5 tons)
- Ukraine (12.4 tons)
- Romania (10.7 tons)
- Denmark (8.3 tons)
- Thailand (6.8 tons)
- Mexico (6.7 tons)
- South Africa (5.2 tons)
- Brazil (5.1 tons)
- Spain (3.8 tons)
- United Kingdom (3.7 tons)
- United States (1.8 tons)
This report provides an in-depth analysis of the metal spring washer market in Hungary. 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:
- Hungary
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hungary
- 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
-
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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