In 2023, Italy dominated the European production of iron or steel reels for cables, claiming nearly half of the market. Czechia and Germany followed, jointly contributing over a quarter of the European output. The UK showed a significant increase at nearly 12%. In contrast, Spain, Slovakia, Poland, and Hungary saw declines, with Hungary experiencing the largest decrease at nearly 6%. Over the past five years, Italy has shown robust growth, while most smaller markets have faced challenges.
Future trends to watch for in the industry include:
- Potential production shifts due to economic or political changes in leading countries.
- Technological advancements improving efficiency and output.
- Environmental policies impacting material choices and production methods.
Top countries in Sold Production of Iron or Steel Reels for Cables, Piping and the Like Share by Country (Kilograms)
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 47.95 | 2023 | +22.34% | +47.17% | View data |
| 2 | 2 Czechia | 14.65 | 2023 | |||
| 3 | 3 Germany | 12.85 | 2023 | +7% | +3.32% | View data |
| 4 | 4 Spain | 7.31 | 2023 | +3.6% | -0.39% | View data |
| 5 | 5 Slovakia | 3.53 | 2023 | -2.28% | -4.1% | View data |
| 6 | 6 France | 3.41 | 2023 | +9.61% | +3.85% | View data |
| 7 | 7 United Kingdom | 3.33 | 2023 | +2.7% | +11.97% | View data |
| 8 | 8 Poland | 1.39 | 2023 | +4.12% | -0.79% | View data |
| 9 | 9 Hungary | 0.2 | 2023 | -9.02% | -5.93% | View data |
