Scandinavia: Metal Spring Washer Market 2024

Metal Spring Washer Market Size in Scandinavia

The Scandinavia metal spring washer market contracted to $X in 2022, with a decrease of X% against the previous year. Overall, consumption, however, continues to indicate a resilient increase. As a result, consumption reached the peak level of $X, and then shrank in the following year.

Metal Spring Washer Production in Scandinavia

In value terms, metal spring washer production soared to $X in 2022 estimated in export price. The total production indicated a modest expansion from 2012 to 2022: its value 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, production decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Metal Spring Washer Exports

Exports in Scandinavia

In 2022, the amount of iron or steel spring washers exported in Scandinavia shrank to X tons, with a decrease of X% compared with 2021. The total export 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 throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The volume of export peaked at X tons in 2021, and then fell slightly in the following year.

In value terms, metal spring washer exports stood at $X in 2022. Total exports indicated a remarkable increase from 2012 to 2022: its value 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, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Sweden prevails in exports structure, finishing at X tons, which was near X% of total exports in 2022. Finland (X tons) took a relatively small share of total exports.

Sweden was also the fastest-growing in terms of the iron or steel spring washers exports, with a CAGR of X% from 2012 to 2022. Finland (X%) illustrated a downward trend over the same period. While the share of Sweden (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Finland (X p.p.) displayed negative dynamics.

In value terms, Sweden ($X) remains the largest metal spring washer supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was taken by Finland ($X), with a X% share of total exports.

In Sweden, metal spring washer exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per ton, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure in 2022 and is likely to see steady growth in the near future.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while Finland stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (X%).

Metal Spring Washer Imports

Imports in Scandinavia

In 2022, metal spring washer imports in Scandinavia soared to X tons, with an increase of X% compared with the year before. Total imports indicated a pronounced expansion from 2012 to 2022: its volume 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, imports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, metal spring washer imports rose rapidly to $X in 2022. Over the period under review, imports posted a prominent increase. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

Sweden represented the key importing country with an import of around X tons, which accounted for X% of total imports. It was distantly followed by Finland (X tons) and Norway (X tons), together mixing up a X% share of total imports.

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

In value terms, Sweden ($X), Finland ($X) and Norway ($X) appeared to be the countries with the highest levels of imports in 2022.

Finland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of 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

In 2022, the import price in Scandinavia amounted to $X per ton, with a decrease of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 an increase of X%. The level of import peaked at $X per ton in 2021, and then dropped in the following year.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Norway ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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