Slovakia - Iron Or Steel Washers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Washer Price in Slovakia - 2023
Contents:
- Metal Washer Price in Slovakia (CIF) - 2023
- Metal Washer Price in Slovakia (FOB) - 2022
- Metal Washer Imports in Slovakia
- Metal Washer Exports in Slovakia
Metal Washer Price in Slovakia (CIF) - 2023
In June 2023, the average metal washer import price amounted to $8,235 per ton, with an increase of 16% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.2%. The pace of growth appeared the most rapid in December 2022 an increase of 60% month-to-month. Over the period under review, average import prices hit record highs in June 2023.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was China ($22,008 per ton), while the price for the Czech Republic ($4,740 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+18.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Washer Price in Slovakia (FOB) - 2022
The average metal washer export price stood at $4,112 per ton in 2022, rising by 15% against the previous year. In general, the export price, however, showed a perceptible decline. The growth pace was the most rapid in 2018 an increase of 36%. Over the period under review, the average export prices attained the maximum at $5,746 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($13,022 per ton), while the average price for exports to Estonia ($1,937 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 Denmark (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Washer Imports in Slovakia
In 2022, after three years of growth, there was significant decline in supplies from abroad of iron or steel washers, when their volume decreased by -21.9% to 4.3K tons. The total import volume increased at an average annual rate of +4.2% from 2019 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 37%. As a result, imports reached the peak of 5.5K tons, and then declined rapidly in the following year.
In value terms, metal washer imports expanded rapidly to $27M in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.0% 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 +72.7% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 45% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.
| Import of Metal Washer in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.2 | 6.9 | 8.2 | 10.6 | 19.6% |
| Czech Republic | 1.7 | 2.3 | 4.5 | 3.7 | 29.6% |
| Italy | 1.3 | 1.0 | 2.7 | 3.5 | 39.1% |
| United Kingdom | 0.2 | 1.1 | 1.6 | 2.0 | 115.4% |
| China | 1.9 | 1.6 | 2.1 | 2.0 | 1.7% |
| South Korea | 1.0 | 0.6 | 0.8 | 1.5 | 14.5% |
| Austria | 1.0 | 0.9 | 1.2 | 1.1 | 3.2% |
| Poland | 0.4 | 0.3 | 0.4 | 0.4 | 0.0% |
| Others | 1.8 | 1.5 | 2.1 | 2.0 | 3.6% |
| Total | 15.6 | 16.2 | 23.5 | 26.9 | 19.9% |
Top Suppliers of Metal Washer to Slovakia in 2022:
- Germany (1377.8 tons)
- China (746.2 tons)
- Czech Republic (638.8 tons)
- Italy (564.5 tons)
- South Korea (210.0 tons)
- United Kingdom (185.4 tons)
- Austria (166.0 tons)
- Poland (71.4 tons)
Metal Washer Exports in Slovakia
For the fourth year in a row, Slovakia recorded growth in shipments abroad of iron or steel washers, which increased by 2.5% to 2K tons in 2022. The total export volume increased at an average annual rate of +9.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 17% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, metal washer exports skyrocketed to $8.3M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +18.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.4% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 29% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.
| Export of Metal Washer in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 827 | 827 | 1,131 | 1,678 | 26.6% |
| Germany | 559 | 541 | 642 | 952 | 19.4% |
| Italy | 397 | 401 | 609 | 796 | 26.1% |
| Austria | 676 | 480 | 594 | 774 | 4.6% |
| Czech Republic | 662 | 559 | 732 | 636 | -1.3% |
| Finland | 240 | 242 | 311 | 488 | 26.7% |
| Denmark | 191 | 266 | 395 | 439 | 32.0% |
| Spain | 165 | 188 | 217 | 366 | 30.4% |
| Hungary | 290 | 766 | 807 | 305 | 1.7% |
| Netherlands | 99.6 | 131 | 178 | 289 | 42.6% |
| Switzerland | 130 | 129 | 157 | 215 | 18.3% |
| Poland | 72.4 | 90.5 | 98.7 | 200 | 40.3% |
| Estonia | 41.0 | 94.2 | 145 | 84.1 | 27.1% |
| Others | 714 | 736 | 1,033 | 1,108 | 15.8% |
| Total | 5,066 | 5,450 | 7,050 | 8,330 | 18.0% |
Top Export Markets for Metal Washer from Slovakia in 2022:
- France (548.0 tons)
- Italy (317.1 tons)
- Finland (215.6 tons)
- Hungary (138.9 tons)
- Netherlands (119.3 tons)
- Austria (104.4 tons)
- Germany (80.1 tons)
- Denmark (72.9 tons)
- Poland (51.3 tons)
- Czech Republic (48.8 tons)
- Spain (45.6 tons)
- Estonia (43.4 tons)
- Switzerland (34.0 tons)
This report provides an in-depth analysis of the metal washer market in Slovakia. 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:
- Slovakia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Slovakia
- 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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