Indonesia - Iron Or Steel Spring Washers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Spring Washer Price in Indonesia - 2022
Contents:
- Metal Spring Washer Price in Indonesia (CIF) - 2022
- Metal Spring Washer Price in Indonesia (FOB) - 2022
- Metal Spring Washer Imports in Indonesia
- Metal Spring Washer Exports in Indonesia
Metal Spring Washer Price in Indonesia (CIF) - 2022
The average metal spring washer import price stood at $13,029 per ton in March 2022, jumping by 35% against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +1.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was the United States ($31,650 per ton), while the price for South Korea ($6,448 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by China (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Spring Washer Price in Indonesia (FOB) - 2022
In 2022, the average metal spring washer export price amounted to $29,789 per ton, with an increase of 34% against the previous year. In general, the export price enjoyed a remarkable increase. The pace of growth was the most pronounced in 2019 when the average export price increased by 43% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($95,000 per ton), while the average price for exports to Malaysia ($5,580 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 China (+26.4%), while the prices for the other major destinations experienced a decline.
Metal Spring Washer Imports in Indonesia
In 2022, the amount of iron or steel spring washers imported into Indonesia expanded rapidly to 673 tons, increasing by 10% against the year before. Overall, imports, however, showed a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by 20%.
In value terms, metal spring washer imports surged to $7.3M in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 24%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the near future.
| Import of Metal Spring Washer in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 3,413 | 2,500 | 3,249 | 3,677 | 2.5% |
| China | 1,161 | 569 | 816 | 947 | -6.6% |
| Thailand | 627 | 590 | 572 | 665 | 2.0% |
| United States | 558 | 406 | 503 | 569 | 0.7% |
| Singapore | 358 | 298 | 215 | 324 | -3.3% |
| Taiwan (Chinese) | 218 | 59.5 | 132 | 152 | -11.3% |
| Others | 863 | 573 | 725 | 918 | 2.1% |
| Total | 7,199 | 4,996 | 6,213 | 7,253 | 0.2% |
Top Suppliers of Metal Spring Washer to Indonesia in 2022:
- Japan (323.7 tons)
- China (244.3 tons)
- United States (19.0 tons)
- Singapore (18.9 tons)
- Taiwan (Chinese) (16.4 tons)
- Thailand (14.5 tons)
Metal Spring Washer Exports in Indonesia
After three years of growth, shipments abroad of iron or steel spring washers decreased by -85.8% to 13 tons in 2022. Over the period under review, exports, however, saw a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 1,976% against the previous year.
In value terms, metal spring washer exports fell notably to $401K in 2022. Overall, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 2,543% against the previous year.
| Export of Metal Spring Washer in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2.6 | 1,124 | 1,982 | 376 | 424.9% |
| United States | 0.2 | 13.6 | 44.5 | 8.4 | 247.6% |
| Malaysia | 5.3 | 7.5 | 23.5 | 4.5 | -5.3% |
| Singapore | 4.0 | 2.0 | 18.8 | 3.6 | -3.5% |
| Myanmar | 10.5 | 26.8 | 15.9 | 3.5 | -30.7% |
| Thailand | 2.2 | 9.2 | 18.3 | 3.5 | 16.7% |
| Others | 20.8 | 23.3 | 9.9 | 1.6 | -57.5% |
| Total | 45.7 | 1,207 | 2,113 | 401 | 106.3% |
Top Export Markets for Metal Spring Washer from Indonesia in 2022:
- India (10.8 tons)
- Malaysia (0.8 tons)
- United States (0.7 tons)
- Singapore (0.6 tons)
- Thailand (0.4 tons)
- Myanmar (0.1 tons)
This report provides an in-depth analysis of the metal spring washer market in Indonesia. 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:
- Indonesia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Indonesia
- 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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