In 2023, Germany and Italy were leading in European exports of iron or steel washers, with Germany experiencing a slight decline of 1.38% and Italy seeing a significant increase of 13.45%. Spain and Finland experienced the most considerable growth at 26.43% and 14.99%, respectively. Conversely, countries like Greece and Croatia faced sharp declines, with Greece experiencing a dramatic 100% drop. In smaller markets, Latvia and Denmark showed impressive growth at 29.35% and 117.71%, respectively.
Looking ahead, the European export market for iron or steel washers is expected to watch for stability in Germany while leveraging Italy's growth momentum. Emerging markets like Latvia and Denmark may offer new opportunities. Potential challenges include sustaining growth in countries with recent declines and adjusting to external market factors and trade policies affecting production and export strategies.
Top countries in Export of Iron or Steel Washers by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 35,344,000 | 2023 | +1.2% | -1.38% | View data |
| 2 | 2 Italy | 31,647,000 | 2023 | +15.35% | +13.45% | View data |
| 3 | 3 Netherlands | 9,071,300 | 2023 | +4.62% | -0.24% | View data |
| 4 | 4 Spain | 7,253,000 | 2023 | -2.78% | +26.43% | View data |
| 5 | 5 France | 4,908,400 | 2023 | +6.24% | +1.39% | View data |
| 6 | 6 Sweden | 4,072,800 | 2023 | +6.68% | -2.61% | View data |
| 7 | 7 Czechia | 3,823,500 | 2023 | |||
| 8 | 8 Belgium | 3,232,200 | 2023 | +2.49% | +2.48% | View data |
| 9 | 9 Poland | 2,303,200 | 2023 | +0.95% | +0.3% | View data |
| 10 | 10 Slovakia | 2,071,500 | 2023 | +3.37% | +4.34% | View data |