In 2023, Italy led the European export of iron or steel reels for cables, piping, and the like, capturing 29.07% of the market. This represents a significant growth of 36.43% from the previous year. Germany held the second position with a market share of 10.27%, experiencing a modest increase. Poland, Slovakia, and Luxembourg followed, showing varied growth rates with Luxembourg achieving a notable 10.29% rise. Countries like France and the UK saw drastic declines, with France exiting the market entirely. Overall, fluctuations highlight regional competitiveness and shifts in production capabilities.
The future trend indicates a potential rebalancing, with Italy expected to continue strengthening its position. Emerging markets like the Netherlands show potential for growth, given their recent 20.48% increase. However, disruptions due to geopolitical factors or supply chain challenges could impact these forecasts. Observing trade policies, infrastructural developments, and technological advancements will be crucial in anticipating further market changes within the iron or steel reels sector.
Top countries in Export of Iron or Steel Reels for Cables, Piping and the Like Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 29.07 | 2023 | +7.87% | +36.43% | View data |
| 2 | 2 Germany | 10.27 | 2023 | +3.51% | +1.22% | View data |
| 3 | 3 Poland | 9.49 | 2023 | +3.4% | +7.86% | View data |
| 4 | 4 Slovakia | 8.28 | 2023 | +0.71% | +2.56% | View data |
| 5 | 5 Luxembourg | 8.26 | 2023 | +40.36% | +10.29% | View data |
| 6 | 6 Hungary | 7.9 | 2023 | +1.34% | +0.039% | View data |
| 7 | 7 Spain | 7.09 | 2023 | +3.53% | +1.44% | View data |
| 8 | 8 Czechia | 6.8 | 2023 | |||
| 9 | 9 Slovenia | 3.42 | 2023 | +5.59% | +7.59% | View data |
| 10 | 10 Belgium | 2.69 | 2023 | +6.57% | -4.01% | View data |
