Finland: Metal Spring Washer Market 2024

Metal Spring Washer Market Size in Finland

The Finnish metal spring washer market skyrocketed to $X in 2022, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed buoyant growth. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the near future.

Metal Spring Washer Exports

Exports from Finland

In 2022, the amount of iron or steel spring washers exported from Finland declined to X tons, falling by X% against 2021. Over the period under review, exports recorded a perceptible downturn. The pace of growth was the most pronounced in 2014 when exports increased by X%. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, metal spring washer exports fell modestly to $X in 2022. Overall, exports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then shrank slightly in the following year.

Exports by Country

The Netherlands (X tons), Estonia (X tons) and Latvia (X tons) were the main destinations of metal spring washer exports from Finland, together accounting for X% of total exports. India, Poland, China, Canada, the United States, Sweden, Russia, Uruguay, Italy and Belgium lagged somewhat behind, together comprising a further X%.

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

In value terms, the Netherlands ($X), Estonia ($X) and the United States ($X) appeared to be the largest markets for metal spring washer exported from Finland worldwide, together comprising X% of total exports. Latvia, Canada, India, China, Russia, Sweden, Poland, Italy, Belgium and Uruguay lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Uruguay, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average metal spring washer export price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the export price saw strong growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.

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 Belgium ($X per ton), while the average price for exports to Estonia ($X 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 Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Spring Washer Imports

Imports into Finland

In 2022, the amount of iron or steel spring washers imported into Finland soared to X tons, picking up by X% on the previous year's figure. Over the period under review, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, metal spring washer imports skyrocketed to $X in 2022. In general, imports posted a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

Sweden (X tons), Germany (X tons) and China (X tons) were the main suppliers of metal spring washer imports to Finland, with a combined X% share of total imports. Spain, India and Italy lagged somewhat behind, together comprising a further X%.

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

In value terms, Sweden ($X), Germany ($X) and India ($X) constituted the largest metal spring washer suppliers to Finland, with a combined X% share of total imports. Spain, China and Italy lagged somewhat behind, together accounting for a further X%.

Spain, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average metal spring washer import price amounted to $X per ton, declining by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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