Pakistan - Iron Or Steel Spring Washers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Spring Washer Price in Pakistan - 2023
Contents:
- Metal Spring Washer Price in Pakistan (CIF) - 2022
- Metal Spring Washer Price in Pakistan (FOB) - 2022
- Metal Spring Washer Imports in Pakistan
- Metal Spring Washer Exports in Pakistan
Metal Spring Washer Price in Pakistan (CIF) - 2022
In 2022, the average metal spring washer import price amounted to $2,917 per ton, picking up by 2.2% against the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal spring washer import price decreased by -40.4% against 2017 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 32% against the previous year. The import price peaked at $4,891 per ton in 2017; however, from 2018 to 2022, 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 Japan ($4,591 per ton), while the price for Turkey ($2,212 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Spring Washer Price in Pakistan (FOB) - 2022
The average metal spring washer export price stood at $8,325 per ton in 2022, reducing by -15.6% against the previous year. Over the period under review, the export price continues to indicate a abrupt decrease. The growth pace was the most rapid in 2015 an increase of 32%. The export price peaked at $14,822 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mozambique ($77,194 per ton), while the average price for exports to Saudi Arabia ($2,917 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 Mozambique (+21.0%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Spring Washer Imports in Pakistan
For the fourth consecutive year, Pakistan recorded growth in purchases abroad of iron or steel spring washers, which increased by 44% to 111 tons in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +17.9% 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 +64.1% against 2019 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 soared to $324K in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +11.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Metal Spring Washer in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 42.0 | 58.8 | 44.9 | 149 | 52.5% |
| Germany | 31.8 | 24.7 | 23.5 | 47.1 | 14.0% |
| Russia | 2.8 | 32.5 | 46.5 | 29.2 | 118.5% |
| Turkey | 0.7 | 2.1 | 0.5 | 28.3 | 243.2% |
| United States | 15.4 | 53.1 | 21.9 | 15.1 | -0.7% |
| Romania | 29.1 | 6.4 | 13.6 | 8.6 | -33.4% |
| Taiwan (Chinese) | 40.9 | 13.2 | 2.0 | 8.4 | -41.0% |
| Thailand | 1.8 | 0.6 | 12.0 | 7.6 | 61.6% |
| France | 13.4 | 13.5 | 9.8 | 5.9 | -23.9% |
| Japan | 22.0 | 9.9 | 5.5 | 3.3 | -46.9% |
| Others | 33.3 | 43.1 | 39.6 | 21.4 | -13.7% |
| Total | 233 | 258 | 220 | 324 | 11.6% |
Top Suppliers of Metal Spring Washer to Pakistan in 2022:
- China (57.8 tons)
- Germany (12.9 tons)
- Turkey (12.8 tons)
- Russia (9.6 tons)
- United States (3.6 tons)
- Thailand (3.1 tons)
- Romania (2.8 tons)
- Taiwan (Chinese) (2.0 tons)
- Japan (0.7 tons)
- France (0.3 tons)
Metal Spring Washer Exports in Pakistan
In 2022, overseas shipments of iron or steel spring washers increased by 81% to 1.9 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a dramatic curtailment.
In value terms, metal spring washer exports surged to $16K in 2022. Overall, exports, however, faced a deep slump.
| Export of Metal Spring Washer in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Yemen | 3.5 | 3.5 | 2.0 | 4.1 | 5.4% |
| Saudi Arabia | 10.2 | 2.7 | 1.6 | 3.1 | -32.8% |
| Mozambique | 4.2 | 3.3 | 1.5 | 2.4 | -17.0% |
| Egypt | 1.8 | 1.8 | 1.0 | 2.0 | 3.6% |
| United Arab Emirates | 1.2 | 1.5 | 0.7 | 1.2 | 0.0% |
| Kenya | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
| Poland | N/A | 1.5 | N/A | N/A | 0% |
| Tanzania | 2.0 | 0.9 | 0.1 | N/A | -77.6% |
| Others | 7.0 | 5.6 | 3.2 | 2.5 | -29.1% |
| Total | 30.1 | 21.0 | 10.3 | 15.7 | -19.5% |
Top Export Markets for Metal Spring Washer from Pakistan in 2022:
- Saudi Arabia (1052.0 kg)
- Yemen (400.0 kg)
- United Arab Emirates (188.0 kg)
- Kenya (90.0 kg)
- Egypt (59.0 kg)
- Mozambique (31.0 kg)
- Tanzania (1.0 kg)
This report provides an in-depth analysis of the metal spring washer market in Pakistan. 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:
- Pakistan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Pakistan
- 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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