In 2023, Italy led the European export of base metal cored wire for electric arc-welding, closely followed by Poland. The Netherlands, Czechia, and Austria were also significant contributors. Notably, Germany experienced a stark decline of over 28%, whereas Finland saw a remarkable increase of over 48%. Estonia's export surged by over 91%, showing a robust growth alongside Hungary and Austria. Conversely, Bulgaria, Portugal, and the United Kingdom experienced significant reductions. The five-year CAGR reveals Austria and Finland have been the leading growth markets.
Future trends to watch include:
• Watch for shifts in the geopolitical landscape that might affect trade agreements.• Monitor technological advancements that could increase demand in specific countries.• Keep an eye on Eastern Europe's potential growth with countries like Estonia and Romania showing strong upward trends.• Economic policies and environmental regulations in key markets such as Italy and Poland could alter the export dynamics significantly.
Top countries in Export of Base Metal Cored Wire for Electric Arc-Welding Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 18.84 | 2023 | +4.91% | -2.3% | View data |
| 2 | 2 Poland | 18.29 | 2023 | +1.25% | +1.97% | View data |
| 3 | 3 Netherlands | 13.21 | 2023 | +0.7% | -1.15% | View data |
| 4 | 4 Czechia | 12.71 | 2023 | |||
| 5 | 5 Austria | 8.34 | 2023 | +18.09% | +19.36% | View data |
| 6 | 6 Romania | 5.06 | 2023 | +1.7% | +1.73% | View data |
| 7 | 7 Germany | 4.38 | 2023 | -23.63% | -28.43% | View data |
| 8 | 8 Sweden | 3.69 | 2023 | -0.36% | +0.35% | View data |
| 9 | 9 France | 3.27 | 2023 | +1.53% | -0.81% | View data |
| 10 | 10 Slovenia | 2.57 | 2023 | +5.42% | +2.44% | View data |
