The 2023 data highlights that the United Kingdom holds the largest share of European imports of iron or steel springs, followed by Poland and France. Significant year-on-year growth was observed in countries like Finland, Luxembourg, and Greece. However, Poland and France experienced notable declines. The Compound Annual Growth Rate (CAGR) over the last five years indicates a mixed pattern, with fluctuations evident across different countries.
Future trends to monitor include potential market shifts due to technological advancements, such as the rise of electric vehicles or changes in manufacturing processes, which could impact the demand for iron or steel springs in various sectors within Europe.
Top countries in Import of Iron or Steel Springs Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 18.82 | 2023 | +2.74% | +0.38% | View data |
| 2 | 2 Poland | 13.06 | 2023 | +1.34% | -7.4% | View data |
| 3 | 3 France | 9.65 | 2023 | +12.76% | -10.14% | View data |
| 4 | 4 Slovakia | 7.27 | 2023 | +3.69% | +4.38% | View data |
| 5 | 5 Romania | 6.87 | 2023 | +2.41% | +4.49% | View data |
| 6 | 6 Germany | 6.66 | 2023 | +1.77% | +0.67% | View data |
| 7 | 7 Czechia | 6.52 | 2023 | |||
| 8 | 8 Hungary | 5.28 | 2023 | +3.41% | +7.96% | View data |
| 9 | 9 Spain | 5.24 | 2023 | +11.92% | +3.11% | View data |
| 10 | 10 Italy | 3.71 | 2023 | +5.53% | -0.67% | View data |
