In 2023, Portugal led the European export market for stranded wire and similar goods, with a year-on-year increase of 3.32%. Germany and Romania followed, although Germany experienced a slight decline of 0.38%, while Romania grew by 2.59%. Notably, countries like Malta and Finland saw significant growth at 16.86% and 8.83% respectively, contrasting with significant declines in Cyprus (29.1%) and France (9.12%). Over five years, this sector had varied annual growth across different countries, with a trend towards moderate expansion in Eastern Europe and stagnation or decline in some major Western economies.
Looking ahead, increasing demand for renewable energy infrastructure and related technologies is likely to drive moderate growth in exports from key European players, with Eastern European countries poised to gain a larger export share due to competitive production costs and increasing investment in industrial capacity.
Top countries in Export of Stranded Wire, Cables, Plaited Bands, Slings and the Like, of Iron or Steel, Not Electrically Insulated Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 11.95 | 2023 | +3.26% | +3.32% | View data |
| 2 | 2 Germany | 11.9 | 2023 | +2.61% | -0.38% | View data |
| 3 | 3 Romania | 10.33 | 2023 | +2.56% | +2.59% | View data |
| 4 | 4 Italy | 9.18 | 2023 | -6.51% | -7.88% | View data |
| 5 | 5 Belgium | 9.04 | 2023 | +2.09% | +5.13% | View data |
| 6 | 6 Hungary | 6.87 | 2023 | +0.82% | +3.56% | View data |
| 7 | 7 Spain | 6.66 | 2023 | +7.34% | +2.51% | View data |
| 8 | 8 Slovakia | 6.27 | 2023 | +1.17% | -1.63% | View data |
| 9 | 9 Netherlands | 5.32 | 2023 | +0.68% | +1.48% | View data |
| 10 | 10 Sweden | 3.95 | 2023 | +5.06% | +4.43% | View data |
