In 2023, Italy dominated the European export share of insulated electric conductors for voltages exceeding 1,000 V with 40.3%. Estonia, France, and Germany followed with noticeable shares. Italy and Estonia showed increases in their year-on-year growth by 14.51% and 7.71% respectively, reflecting a strengthening position. Contrarily, France faced a complete drop-off (-100%), while other countries like Germany and Sweden also saw declines. Despite smaller shares, countries like Malta and Luxembourg experienced significant growth. Over the last five years, Italy has maintained a strong compound annual growth rate, solidifying its leadership in this market segment.
Looking ahead, Italy's momentum suggests it will continue to lead, with an expected increase in eco-friendly and smart cable solutions potentially reshaping market demands. Watch for shifts in market dynamics due to technological advancements, regulatory changes, and a surge in energy infrastructure projects, which could influence shares across countries. Estonia's emerging position also indicates potential opportunities for growth, as may the recovery of previously declining markets like Germany and France.
Top countries in Export of Insulated Electric Conductors for Voltage More than 1 000 V Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 40.3 | 2023 | +15.37% | +14.51% | View data |
| 2 | 2 Estonia | 16.37 | 2023 | +1.42% | +7.71% | View data |
| 3 | 3 France | 11.26 | 2023 | +2.37% | View data | |
| 4 | 4 Germany | 8.3 | 2023 | -0.39% | -2.67% | View data |
| 5 | 5 Sweden | 6.17 | 2023 | +3.35% | -9.23% | View data |
| 6 | 6 Poland | 5.42 | 2023 | +1.79% | +4.8% | View data |
| 7 | 7 Spain | 4.24 | 2023 | +4.65% | +6.19% | View data |
| 8 | 8 Finland | 4.24 | 2023 | +14.5% | +4.33% | View data |
| 9 | 9 Belgium | 3.48 | 2023 | -4.56% | -4.44% | View data |
| 10 | 10 Czechia | 3.18 | 2023 |
