In 2023, Germany leads European exports of iron or steel cold-formed helical coil tension springs with 26.402 million kilograms, showing a steady growth of 2.95% year-on-year. Poland follows with 9.3243 million kilograms, and a robust 5.72% increase. Italy, with 8.8093 million kilograms, saw a slight decline of 1.13%. Spain experienced a significant drop of 13.65%, falling to 3.6759 million kilograms. Smaller exporters like Hungary, Denmark, and Bulgaria demonstrated strong double-digit growth rates, while France saw a considerable decrease of 27.29%. Notable trends include strong growth in less traditional markets like Ireland and Greece.
Looking ahead, the industry could see dynamic changes driven by innovation in manufacturing techniques and shifts in global demand. Germany and Poland are poised to maintain leadership, but watch for emerging markets in Eastern Europe like Bulgaria and Croatia. Sustainability efforts and digital transformations are potential growth accelerators across Europe. Trade policies and economic conditions will also play vital roles in shaping the future export landscape.
Top countries in Export of Iron or Steel Cold-Formed Helical Coil Tension Springs by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 26,402,000 | 2023 | -12.37% | +2.95% | View data |
| 2 | 2 Poland | 9,324,300 | 2023 | +4.27% | +5.72% | View data |
| 3 | 3 Italy | 8,809,300 | 2023 | +9.05% | -1.13% | View data |
| 4 | 4 Spain | 3,675,900 | 2023 | +5.95% | -13.65% | View data |
| 5 | 5 Slovakia | 1,031,200 | 2023 | +2.54% | +1.38% | View data |
| 6 | 6 Hungary | 1,017,600 | 2023 | +5.38% | +5.63% | View data |
| 7 | 7 Portugal | 411,460 | 2022 | -10.83% | -2.13% | View data |
| 8 | 8 France | 381,780 | 2023 | -31.96% | -27.29% | View data |
| 9 | 9 Denmark | 331,790 | 2023 | -3.92% | +17.94% | View data |
| 10 | 10 Lithuania | 251,370 | 2023 | +2.45% | -0.27% | View data |
