U.S. - Iron Or Steel Spring Washers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Spring Washer Price in the United States - 2023
Contents:
- Metal Spring Washer Price in the United States (CIF) - 2022
- Metal Spring Washer Price in the United States (FOB) - 2022
- Metal Spring Washer Imports in the United States
- Metal Spring Washer Exports in the United States
Metal Spring Washer Price in the United States (CIF) - 2022
The average metal spring washer import price stood at $7,776 per ton in 2022, reducing by -3.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2018 an increase of 13%. The import price peaked at $8,678 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($11,727 per ton), while the price for China ($3,374 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Spring Washer Price in the United States (FOB) - 2022
The average metal spring washer export price stood at $19,602 per ton in 2022, surging by 21% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2016 when the average export price increased by 29%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in the near future.
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 China ($37,734 per ton), while the average price for exports to Canada ($10,046 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 Mexico (+2.6%), while the prices for the other major destinations experienced a decline.
Metal Spring Washer Imports in the United States
In 2022, imports of iron or steel spring washers into the United States soared to 11K tons, growing by 24% on the year before. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +7.9% 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 +62.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 32%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, metal spring washer imports skyrocketed to $87M in 2022. The total import value increased at an average annual rate of +4.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 23% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Metal Spring Washer in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 28.5 | 21.2 | 24.6 | 22.4 | -7.7% |
| China | 11.2 | 8.3 | 12.0 | 17.6 | 16.3% |
| Taiwan (Chinese) | 5.9 | 4.7 | 6.7 | 11.6 | 25.3% |
| Italy | 4.7 | 3.5 | 4.1 | 6.3 | 10.3% |
| Japan | 6.0 | 3.8 | 4.2 | 4.5 | -9.1% |
| Mexico | 1.8 | 2.3 | 2.4 | 2.8 | 15.9% |
| India | 1.3 | 0.8 | 1.4 | 2.5 | 24.4% |
| Others | 18.0 | 15.0 | 17.9 | 19.5 | 2.7% |
| Total | 77.4 | 59.6 | 73.4 | 87.2 | 4.1% |
Top Suppliers of Metal Spring Washer to the United States in 2022:
- China (5.2K tons)
- Germany (1.9K tons)
- Taiwan (Chinese) (1.6K tons)
- Italy (0.7K tons)
- Japan (0.5K tons)
- India (0.4K tons)
- Mexico (0.3K tons)
Metal Spring Washer Exports in the United States
In 2022, the amount of iron or steel spring washers exported from the United States dropped slightly to 3.7K tons, reducing by -2.5% on 2021 figures. In general, exports showed a mild contraction. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year.
In value terms, metal spring washer exports soared to $72M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +7.5% 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 +53.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 30%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Metal Spring Washer in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 22.5 | 17.8 | 21.4 | 26.8 | 6.0% |
| Canada | 9.7 | 8.0 | 9.9 | 12.8 | 9.7% |
| China | 2.5 | 3.3 | 4.4 | 3.9 | 16.0% |
| Germany | 2.1 | 2.0 | 1.9 | 2.5 | 6.0% |
| United Kingdom | 2.7 | 1.2 | 1.3 | 2.3 | -5.2% |
| Japan | 1.8 | 1.1 | 2.0 | 2.2 | 6.9% |
| Brazil | 0.8 | 1.1 | 0.8 | 2.0 | 35.7% |
| Singapore | 2.2 | 1.7 | 1.8 | 1.6 | -10.1% |
| Others | 13.5 | 10.6 | 17.3 | 17.8 | 9.7% |
| Total | 57.8 | 46.8 | 60.9 | 71.8 | 7.5% |
Top Export Markets for Metal Spring Washer from the United States in 2022:
- Mexico (1289.1 tons)
- Canada (1269.8 tons)
- Germany (104.2 tons)
- China (103.7 tons)
- Japan (83.7 tons)
- United Kingdom (78.3 tons)
- Brazil (57.7 tons)
- Singapore (41.4 tons)
This report provides an in-depth analysis of the metal spring washer market in the U.S.. 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 States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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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