Eastern Europe: Metal Washer Market 2024

Metal Washer Market Size in Eastern Europe

The East European metal washer market reduced rapidly to $X in 2022, falling by X% against the previous year. In general, consumption, however, continues to indicate a buoyant increase. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Metal Washer Production in Eastern Europe

In value terms, metal washer production fell significantly to $X in 2022 estimated in export price. In general, production, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Metal Washer Exports

Exports in Eastern Europe

In 2022, overseas shipments of iron or steel washers decreased by X% to X tons, falling for the fourth year in a row after three years of growth. Over the period under review, exports saw a mild descent. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, metal washer exports amounted to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

In 2022, the Czech Republic (X tons) and Poland (X tons) were the main exporters of iron or steel washers in Eastern Europe, together achieving X% of total exports. It was distantly followed by Slovakia (X tons), Hungary (X tons) and Romania (X tons), together constituting a X% share of total exports. Russia (X tons) and Lithuania (X tons) held a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Hungary (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Poland ($X) and Slovakia ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Hungary, Romania, Russia and Lithuania lagged somewhat behind, together accounting for a further X%.

Lithuania, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, surging by X% against the previous year. Export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of X% 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 X% against 2018 indices. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (X%), while the other leaders experienced more modest paces of growth.

Metal Washer Imports

Imports in Eastern Europe

In 2022, the amount of iron or steel washers imported in Eastern Europe contracted modestly to X tons, almost unchanged from 2021. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of X tons, leveling off in the following year.

In value terms, metal washer imports dropped to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then dropped in the following year.

Imports by Country

Russia (X tons) and Poland (X tons) represented roughly X% of total imports in 2022. The Czech Republic (X tons) took the next position in the ranking, distantly followed by Romania (X tons), Slovakia (X tons) and Hungary (X tons). All these countries together took approx. X% share of total imports. Ukraine (X tons) held a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest metal washer importing markets in Eastern Europe were Poland ($X), the Czech Republic ($X) and Russia ($X), together comprising X% of total imports.

Russia, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, declining by X% against the previous year. Overall, the import price continues to indicate a slight shrinkage. The pace of growth was the most pronounced in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Hungary ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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