United Kingdom - Iron Or Steel Washers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Washer Price in the UK - 2023
Contents:
- Metal Washer Price in the UK (CIF) - 2022
- Metal Washer Price in the UK (FOB) - 2022
- Metal Washer Imports in the UK
- Metal Washer Exports in the UK
Metal Washer Price in the UK (CIF) - 2022
The average metal washer import price stood at $6,103 per ton in 2022, waning by -19.5% against the previous year. Over the period under review, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the average import price increased by 60%. The import price peaked at $7,577 per ton in 2021, and then shrank markedly in the following year.
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 ($27,356 per ton), while the price for India ($2,285 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) (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.
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Metal Washer Price in the UK (FOB) - 2022
In 2022, the average metal washer export price amounted to $25,787 per ton, increasing by 12% against the previous year. Over the period under review, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal washer export price increased by +81.0% against 2017 indices. The growth pace was the most rapid in 2021 an increase of 40% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($60,481 per ton), while the average price for exports to Ireland ($5,557 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 Germany (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Washer Imports in the UK
In 2022, the amount of iron or steel washers imported into the UK plummeted to 10K tons, shrinking by -20.8% against the previous year. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 53% against the previous year. As a result, imports attained the peak of 13K tons, and then reduced dramatically in the following year.
In value terms, metal washer imports shrank significantly to $63M in 2022. Overall, imports, however, continue to indicate notable growth. The pace of growth was the most pronounced in 2021 when imports increased by 84%. As a result, imports attained the peak of $99M, and then dropped significantly in the following year.
| Import of Metal Washer in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.6 | 6.7 | 10.2 | 17.3 | 26.2% |
| United States | 13.0 | 8.8 | 9.8 | 12.4 | -1.6% |
| India | 5.7 | 3.2 | 4.8 | 6.4 | 3.9% |
| Germany | 9.1 | 10.5 | 23.6 | 6.3 | -11.5% |
| Italy | 2.7 | 8.6 | 33.1 | 4.0 | 14.0% |
| Taiwan (Chinese) | 2.0 | 1.4 | 2.0 | 2.2 | 3.2% |
| Netherlands | 3.5 | 1.5 | 2.4 | 1.0 | -34.1% |
| Others | 13.6 | 13.3 | 13.2 | 13.7 | 0.2% |
| Total | 58.2 | 53.9 | 99.0 | 63.2 | 2.8% |
Top Suppliers of Metal Washer to the UK in 2022:
- China (5.2K tons)
- India (2.8K tons)
- United States (0.5K tons)
- Germany (0.5K tons)
- Taiwan (Chinese) (0.4K tons)
- Italy (0.2K tons)
- Netherlands (0.1K tons)
Metal Washer Exports in the UK
In 2022, metal washer exports from the UK contracted to 2.3K tons, with a decrease of -8.1% against 2021. In general, exports continue to indicate a deep downturn. The smallest decline of -1.7% was in 2021.
In value terms, metal washer exports expanded modestly to $59M in 2022. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Metal Washer in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.7 | 5.1 | 7.1 | 6.1 | -7.5% |
| United States | 6.1 | 3.8 | 8.4 | 5.6 | -2.8% |
| France | 4.5 | 2.7 | 3.0 | 4.9 | 2.9% |
| Malta | 1.4 | 1.2 | 2.8 | 3.6 | 37.0% |
| Ireland | 2.1 | 1.8 | 2.7 | 2.4 | 4.6% |
| Thailand | 0.4 | 0.2 | 0.4 | 2.3 | 79.2% |
| Netherlands | 1.1 | 0.7 | 3.5 | 1.7 | 15.6% |
| Hungary | 0.7 | 0.3 | 1.8 | 1.7 | 34.4% |
| Spain | 1.9 | 1.4 | 1.0 | 1.7 | -3.6% |
| Poland | 2.7 | 2.2 | 2.4 | 1.4 | -19.7% |
| Czech Republic | 2.2 | 1.9 | 2.1 | 1.0 | -23.1% |
| Denmark | 0.4 | 0.4 | 0.5 | 0.8 | 26.0% |
| Austria | 0.2 | 0.2 | 0.3 | 0.6 | 44.2% |
| Others | 27.2 | 19.9 | 21.1 | 25.3 | -2.4% |
| Total | 58.7 | 41.7 | 57.3 | 59.1 | 0.2% |
Top Export Markets for Metal Washer from the UK in 2022:
- Ireland (436.9 tons)
- France (235.7 tons)
- Hungary (205.0 tons)
- Germany (137.4 tons)
- Malta (127.0 tons)
- Poland (98.6 tons)
- United States (92.7 tons)
- Spain (78.4 tons)
- Denmark (77.4 tons)
- Thailand (69.0 tons)
- Czech Republic (55.6 tons)
- Austria (55.5 tons)
- Netherlands (52.0 tons)
This report provides an in-depth analysis of the metal washer market in the UK. 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 25941230 - Iron or steel washers (excluding spring washers and other lock washers)
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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
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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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