Serbia - Iron Or Steel Washers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Washer Price in Serbia - 2023
Contents:
- Metal Washer Price in Serbia (CIF) - 2023
- Metal Washer Price in Serbia (FOB) - 2022
- Metal Washer Imports in Serbia
- Metal Washer Exports in Serbia
Metal Washer Price in Serbia (CIF) - 2023
The average metal washer import price stood at $17,407 per ton in October 2023, rising by 23% against the previous month. In general, the import price enjoyed a strong expansion. The pace of growth appeared the most rapid in November 2022 an increase of 63% month-to-month. The import price peaked at $17,424 per ton in April 2023; afterwards, it flattened through to October 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($31,567 per ton), while the price for China ($4,422 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Italy (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Washer Price in Serbia (FOB) - 2022
The average metal washer export price stood at $3,263 per ton in 2022, with an increase of 5.6% against the previous year. In general, the export price, however, continues to indicate a mild decrease. The growth pace was the most rapid in 2018 when the average export price increased by 43%. The export price peaked at $4,699 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($5,684 per ton), while the average price for exports to Hungary ($1,864 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 Canada (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Washer Imports in Serbia
In 2022, overseas purchases of iron or steel washers decreased by -12.4% to 466 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 11% against the previous year. As a result, imports attained the peak of 532 tons, and then reduced in the following year.
In value terms, metal washer imports rose modestly to $4.7M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.6% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 40% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Metal Washer in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 564 | 1,264 | 1,869 | 1,642 | 42.8% |
| China | 548 | 619 | 952 | 1,204 | 30.0% |
| Italy | 294 | 282 | 389 | 329 | 3.8% |
| Spain | 51.1 | 56.8 | 63.9 | 134 | 37.9% |
| Slovenia | 30.2 | 30.3 | 31.5 | 92.6 | 45.3% |
| Bosnia and Herzegovina | 17.3 | 78.7 | 159 | 89.6 | 73.0% |
| Turkey | 133 | 86.8 | 67.8 | 66.8 | -20.5% |
| Austria | 182 | 60.8 | 63.7 | 57.8 | -31.8% |
| Others | 706 | 766 | 942 | 1,071 | 14.9% |
| Total | 2,526 | 3,244 | 4,539 | 4,687 | 22.9% |
Top Suppliers of Metal Washer to Serbia in 2022:
- China (237.4 tons)
- Germany (90.5 tons)
- Italy (31.4 tons)
- Bosnia and Herzegovina (18.2 tons)
- Spain (13.7 tons)
- Slovenia (12.3 tons)
- Turkey (8.4 tons)
- Austria (6.9 tons)
Metal Washer Exports in Serbia
In 2022, overseas shipments of iron or steel washers decreased by -7.6% to 254 tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +7.0% from 2019 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 2020 with an increase of 48%. As a result, the exports attained the peak of 307 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, metal washer exports contracted slightly to $828K in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +11.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -19.5% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 73% against the previous year. As a result, the exports attained the peak of $1M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Metal Washer in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 164 | 176 | 243 | 264 | 17.2% |
| Hungary | 47.1 | 64.6 | 164 | 126 | 38.8% |
| Canada | 1.7 | 1.7 | 1.3 | 96.2 | 283.9% |
| Montenegro | 49.1 | 38.4 | 39.7 | 43.4 | -4.0% |
| Croatia | 11.1 | 6.5 | 14.2 | 26.5 | 33.7% |
| North Macedonia | 19.2 | 14.7 | 38.4 | 24.8 | 8.9% |
| Sweden | 65.7 | 472 | 98.1 | N/A | 22.2% |
| Others | 239 | 255 | 250 | 247 | 1.1% |
| Total | 596 | 1,029 | 849 | 828 | 11.6% |
Top Export Markets for Metal Washer from Serbia in 2022:
- Sweden (undefined tons)
- Bosnia and Herzegovina (117.7 tons)
- Hungary (67.8 tons)
- Canada (16.9 tons)
- Montenegro (14.1 tons)
- Croatia (10.5 tons)
- North Macedonia (9.1 tons)
This report provides an in-depth analysis of the metal washer market in Serbia. 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:
- Serbia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Serbia
- 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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