Based on the distribution of European sold production of iron or steel washers, Italy dominates with a massive share of 83.09%, while Germany holds a comparatively minor 6.64%. Other countries like the United Kingdom, Spain, and Sweden have nominal shares below 2%. Year-on-year growth from 2023 highlights Italy's significant increase of 65.87%. Spain shows a positive trend with a 10.38% growth, whereas Germany and the UK have experienced declines of -2.15% and -9.56%, respectively. Denmark exhibited a dramatic rise of 72.8%, while Greece and Finland saw slight declines.
Future trends to monitor include Italy's continued dominance and demand-driven increases, Spain's upward trajectory, and potential recovery or shifts within the German and UK markets. Observing emerging trends in smaller markets like Denmark could reveal new dynamics in the production landscape. Additionally, economic and manufacturing shifts in the EU may further influence production shares.
Top countries in Sold Production of Iron or Steel Washers Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 83.09 | 2023 | +74.65% | +65.87% | View data |
| 2 | 2 Germany | 6.64 | 2023 | +2.95% | -2.15% | View data |
| 3 | 3 United Kingdom | 1.65 | 2023 | -4.55% | -9.56% | View data |
| 4 | 4 Spain | 1.14 | 2023 | +3.04% | +10.38% | View data |
| 5 | 5 Sweden | 0.91 | 2023 | +4.84% | -0.53% | View data |
| 6 | 6 Slovakia | 0.26 | 2023 | +5.6% | +4.41% | View data |
| 7 | 7 Czechia | 0.2 | 2023 | |||
| 8 | 8 Hungary | 0.032 | 2023 | +4.04% | +2.03% | View data |
| 9 | 9 Denmark | 0.016 | 2023 | +17.26% | +72.8% | View data |
| 10 | 10 Greece | 0.016 | 2023 | -2.28% | -0.073% | View data |
