The European export of cold drawn steel wires saw Italy leading with a 25.26% share by kilograms in 2023, followed by the Netherlands at 13.72% and Czechia at 11.58%. Germany and France contributed significantly with shares of 11.36% and 5.95%, respectively. Notable year-on-year changes included a 20.94% increase in the Netherlands’ share, while Germany experienced a slight decrease of 1.27%. Belgium and the United Kingdom saw significant declines at -12.16% and -16.23%, respectively.
Future trends to watch include the influence of technological advancements in wire manufacturing and potential changes in trade policies post-Brexit. Market dynamics like demand shifts in the automotive and construction sectors may also impact share distribution.
Top countries in Export of Cold Drawn Steel Wires Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 25.26 | 2023 | +8.34% | +9.75% | View data |
| 2 | 2 Netherlands | 13.72 | 2023 | +10.86% | +20.94% | View data |
| 3 | 3 Czechia | 11.58 | 2023 | |||
| 4 | 4 Germany | 11.36 | 2023 | +0.7% | -1.27% | View data |
| 5 | 5 France | 5.95 | 2023 | +0.41% | +0.66% | View data |
| 6 | 6 Spain | 5.56 | 2023 | +11.72% | +3.53% | View data |
| 7 | 7 Slovakia | 5.55 | 2023 | +1.79% | +1.14% | View data |
| 8 | 8 Luxembourg | 2.82 | 2023 | +7.1% | -0.23% | View data |
| 9 | 9 Austria | 2.8 | 2023 | +3.2% | -1.24% | View data |
| 10 | 10 Portugal | 2.56 | 2023 | +4.7% | +5.59% | View data |
