The European export of wire rod for tire cord is led by Germany, holding a significant share, followed by the United Kingdom and Slovenia. Slovenia and Belgium show strong growth, with Slovenia increasing by 11.82% and Belgium by 18.0% year-on-year. Conversely, Spain, Croatia, and Estonia saw significant declines over the same period. France experienced a remarkable increase of over 146% in its exports. The CAGR for the past five years shows Germany maintaining steady figures, while the United Kingdom and Spain exhibit declines.
Future trends to monitor include potential growth in Slovenia and Belgium, possibly due to increased manufacturing capabilities or demand. In contrast, Germany and the United Kingdom's performance may depend heavily on their competitive positioning and external economic factors such as global demand, market accessibility, and price competition.
Top countries in Export of Wire Rod for Tyre Cord Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 45.62 | 2023 | -6.32% | -0.23% | View data |
| 2 | 2 United Kingdom | 15.48 | 2023 | -6.31% | -6.93% | View data |
| 3 | 3 Slovenia | 13.56 | 2023 | +6.35% | +11.82% | View data |
| 4 | 4 Czechia | 11.98 | 2023 | |||
| 5 | 5 Spain | 6.98 | 2023 | -29.97% | -18.13% | View data |
| 6 | 6 Belgium | 5.52 | 2023 | +20.65% | +18% | View data |
| 7 | 7 France | 3.98 | 2023 | +40.18% | +146.05% | View data |
| 8 | 8 Netherlands | 1.76 | 2023 | +6% | View data | |
| 9 | 9 Slovakia | 1.32 | 2023 | +6.84% | +19.71% | View data |
| 10 | 10 Luxembourg | 0.39 | 2021 | View data |
