Serbia - Iron Or Steel Spring Washers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Spring Washer Price in Serbia - 2023
Contents:
- Metal Spring Washer Price in Serbia (CIF) - 2022
- Metal Spring Washer Price in Serbia (FOB) - 2022
- Metal Spring Washer Imports in Serbia
- Metal Spring Washer Exports in Serbia
Metal Spring Washer Price in Serbia (CIF) - 2022
The average metal spring washer import price stood at $10,080 per ton in 2022, increasing by 24% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.2% 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 increased by +58.2% against 2019 indices. The pace of growth appeared the most rapid in 2015 when the average import price increased by 59%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.
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 the United States ($79,557 per ton), while the price for Poland ($3,158 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Spring Washer Price in Serbia (FOB) - 2022
The average metal spring washer export price stood at $7,207 per ton in 2022, picking up by 58% against the previous year. Overall, the export price showed a prominent increase. The growth pace was the most rapid in 2014 when the average export price increased by 164% against the previous year. The export price peaked at $9,424 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($26,243 per ton), while the average price for exports to Bosnia and Herzegovina ($2,941 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 Romania (+31.4%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Spring Washer Imports in Serbia
In 2022, metal spring washer imports into Serbia dropped rapidly to 128 tons, shrinking by -18.1% compared with the year before. Overall, imports recorded a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by 17% against the previous year.
In value terms, metal spring washer imports totaled $1.3M in 2022. Over the period under review, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 13%.
| Import of Metal Spring Washer in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 677 | 278 | 461 | 419 | -14.8% |
| United States | 126 | 114 | 149 | 168 | 10.1% |
| China | 180 | 186 | 217 | 155 | -4.9% |
| Turkey | 0.8 | 3.5 | 21.8 | 102 | 403.3% |
| Poland | 70.9 | 159 | 73.0 | 94.9 | 10.2% |
| Switzerland | 59.3 | 61.6 | 90.0 | 73.7 | 7.5% |
| Slovenia | 36.1 | 38.3 | 50.5 | 52.1 | 13.0% |
| Croatia | 184 | 11.0 | 2.0 | 13.4 | -58.2% |
| Others | 207 | 268 | 202 | 210 | 0.5% |
| Total | 1,541 | 1,120 | 1,267 | 1,289 | -5.8% |
Top Suppliers of Metal Spring Washer to Serbia in 2022:
- China (32.6 tons)
- Poland (30.1 tons)
- Germany (27.6 tons)
- Turkey (8.9 tons)
- Switzerland (7.4 tons)
- Slovenia (5.5 tons)
- Croatia (3.2 tons)
- United States (2.1 tons)
Metal Spring Washer Exports in Serbia
In 2022, approx. 29 tons of iron or steel spring washers were exported from Serbia; which is down by -30.5% compared with 2021. Overall, exports showed a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 48% against the previous year. As a result, the exports reached the peak of 41 tons, and then shrank sharply in the following year.
In value terms, metal spring washer exports rose notably to $206K in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +16.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +86.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 70% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.
| Export of Metal Spring Washer in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 4.0 | 6.3 | 29.9 | 58.5 | 144.5% |
| Belgium | 3.4 | 12.7 | N/A | 28.9 | 104.1% |
| Bosnia and Herzegovina | 44.7 | 20.5 | 46.3 | 19.0 | -24.8% |
| Germany | 22.0 | 13.0 | 20.3 | 17.8 | -6.8% |
| Slovakia | N/A | 3.8 | N/A | 14.5 | 95.3% |
| Turkey | N/A | N/A | N/A | 11.9 | 0% |
| Montenegro | 4.3 | 20.5 | 25.1 | 11.3 | 38.0% |
| Croatia | 1.1 | 0.2 | 1.1 | 8.3 | 96.1% |
| North Macedonia | 1.6 | 2.9 | 6.1 | 7.4 | 66.6% |
| Slovenia | 4.4 | 11.4 | 2.9 | 5.8 | 9.6% |
| United Arab Emirates | 37.5 | N/A | 4.6 | 1.3 | -67.4% |
| Hungary | 3.6 | 4.2 | 14.4 | 0.4 | -51.9% |
| Kazakhstan | N/A | N/A | 21.5 | 0.3 | -98.6% |
| Others | 3.5 | 15.2 | 15.8 | 20.4 | 80.0% |
| Total | 130 | 111 | 188 | 206 | 16.6% |
Top Export Markets for Metal Spring Washer from Serbia in 2022:
- Bosnia and Herzegovina (6.5 tons)
- Belgium (5.5 tons)
- Slovakia (3.1 tons)
- Turkey (2.5 tons)
- Romania (2.2 tons)
- Montenegro (2.0 tons)
- North Macedonia (1.5 tons)
- Croatia (1.3 tons)
- Germany (0.8 tons)
- United Arab Emirates (0.7 tons)
- Slovenia (0.6 tons)
- Hungary (0.3 tons)
This report provides an in-depth analysis of the metal spring washer market in Serbia. 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:
- Serbia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Serbia
- 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
-
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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