United Arab Emirates - Iron Or Steel Spring Washers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Spring Washer Price in the United Arab Emirates - 2021
Contents:
- Metal Spring Washer Price in the United Arab Emirates (CIF) - 2022
- Metal Spring Washer Price in the United Arab Emirates (FOB) - 2022
- Metal Spring Washer Imports in the United Arab Emirates
- Metal Spring Washer Exports in the United Arab Emirates
Metal Spring Washer Price in the United Arab Emirates (CIF) - 2022
The average metal spring washer import price stood at $15,298 per ton in 2022, surging by 11% against the previous year. Overall, the import price continues to indicate buoyant growth. The pace of growth was the most pronounced in 2019 an increase of 67%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.
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 Germany ($90,372 per ton), while the price for China ($4,227 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Spring Washer Price in the United Arab Emirates (FOB) - 2022
The average metal spring washer export price stood at $17,135 per ton in 2022, rising by 21% against the previous year. In general, the export price showed strong growth. The growth pace was the most rapid in 2020 an increase of 45%. The export price peaked in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($137,271 per ton), while the average price for exports to Tanzania ($1,816 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 Turkey (+53.3%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Spring Washer Imports in the United Arab Emirates
In 2022, overseas purchases of iron or steel spring washers decreased by -0.3% to 473 tons, falling for the second consecutive year after two years of growth. In general, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 15% against the previous year. As a result, imports reached the peak of 801 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, metal spring washer imports reached $7.2M in 2022. Over the period under review, imports recorded a deep reduction.
| Import of Metal Spring Washer in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 721 | 2,204 | 1,442 | 1,386 | 24.3% |
| United Kingdom | 2,165 | 1,294 | 1,071 | 982 | -23.2% |
| Germany | 1,044 | 796 | 884 | 960 | -2.8% |
| United States | 283 | 279 | 235 | 487 | 19.8% |
| Italy | 164 | 379 | 134 | 263 | 17.0% |
| India | 110 | 149 | 240 | 93.8 | -5.2% |
| Others | 5,303 | 2,809 | 2,549 | 3,061 | -16.7% |
| Total | 9,790 | 7,910 | 6,555 | 7,232 | -9.6% |
Top Suppliers of Metal Spring Washer to the United Arab Emirates in 2022:
- China (327.9 tons)
- United Kingdom (29.1 tons)
- India (18.7 tons)
- Italy (17.3 tons)
- Germany (10.6 tons)
- United States (9.7 tons)
Metal Spring Washer Exports in the United Arab Emirates
In 2022, overseas shipments of iron or steel spring washers were finally on the rise to reach 55 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a sharp reduction.
In value terms, metal spring washer exports skyrocketed to $949K in 2022. Over the period under review, exports showed a relatively flat trend pattern.
| Export of Metal Spring Washer in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 62.3 | 24.4 | 27.8 | 259 | 60.8% |
| Egypt | 1.5 | N/A | 10.0 | 200 | 410.9% |
| Romania | N/A | N/A | 34.7 | 151 | 335.2% |
| Turkey | 1.2 | 0.5 | 0.9 | 92.6 | 325.7% |
| Germany | 6.7 | 26.0 | 14.2 | 64.5 | 112.7% |
| Mozambique | 13.4 | 5.7 | 33.0 | 16.0 | 6.1% |
| Tanzania | 0.1 | N/A | N/A | 6.4 | 300.0% |
| Saudi Arabia | 167 | 116 | 34.4 | N/A | -54.6% |
| Oman | 412 | 857 | 287 | N/A | -16.5% |
| Others | 277 | 185 | 241 | 159 | -16.9% |
| Total | 941 | 1,214 | 683 | 949 | 0.3% |
Top Export Markets for Metal Spring Washer from the United Arab Emirates in 2022:
- India (30.7 tons)
- Mozambique (3.8 tons)
- Tanzania (3.5 tons)
- Egypt (3.1 tons)
- Germany (2.4 tons)
- Romania (1.1 tons)
- Turkey (1.0 tons)
This report provides an in-depth analysis of the metal spring washer market in the United Arab Emirates. 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:
- United Arab Emirates
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the United Arab Emirates
- 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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