In 2023, Germany led the European export of chains (except articulated link chains) with a 24.71% share, although it experienced a slight decline of 0.067% year-on-year. Spain significantly increased its export share by 28.44% to hold a 17.16% stake. Czechia, Austria, and Italy also held substantial shares, albeit with slight decreases or modest changes in their year-on-year variations. Other notable countries like Sweden, France, and the Netherlands exhibited mixed growth trends, with Sweden and the Netherlands experiencing contractions. Smaller markets such as Ireland, Estonia, and Luxembourg demonstrated impressive growth rates, indicating emerging export potential.
Future trends to watch include the potential for smaller exporters like Ireland and Estonia to continue their growth trajectories. There is also a possibility for Spain to further consolidate its gains if the upward trend sustains. Germany may need to reassess its strategies to maintain leadership amidst shifting dynamics. Monitoring geopolitical factors and economic policies in each country will be crucial for anticipating future shifts in export trends within this sector.
Top countries in Export of Chain (Except Articulated Link Chain) and Parts Thereof Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 24.71 | 2023 | +4.53% | -0.067% | View data |
| 2 | 2 Spain | 17.16 | 2023 | +0.13% | +28.44% | View data |
| 3 | 3 Czechia | 10.63 | 2023 | |||
| 4 | 4 Austria | 8.75 | 2023 | +6.13% | -0.14% | View data |
| 5 | 5 Italy | 7.39 | 2023 | -0.32% | -2.28% | View data |
| 6 | 6 Sweden | 6.41 | 2023 | +5.49% | -3.47% | View data |
| 7 | 7 France | 4.28 | 2023 | +6.45% | +0.88% | View data |
| 8 | 8 Netherlands | 4.11 | 2023 | +6.22% | -7.52% | View data |
| 9 | 9 Lithuania | 3.54 | 2023 | +3.16% | +2.79% | View data |
| 10 | 10 Poland | 2.72 | 2023 | -2.82% | -5.2% | View data |
