In 2023, Poland led the global export market of radiators and parts thereof of iron or steel, excluding cast components, with a 24.06% share. Significant growth was observed in Slovenia, with an increase of 241.98%. Notable declines were seen in Belgium and Italy, decreasing by 9.59% and 10.97% respectively. Other countries like Germany and the Netherlands experienced minor decreases, while China increased its export share by 2.92%. Countries like Armenia and Botswana saw substantial increases, albeit from smaller bases.
Future trends to watch include Poland potentially strengthening its leadership position. The resurgence in Slovenia's exports may signify shifts in production locations or competitive advantages. Additionally, monitoring shifts in Asian markets, such as China's gradual rise, and the impact of geopolitical dynamics will be vital. Changes in environmental regulations and sustainable manufacturing practices can also play a pivotal role in shaping future growth patterns. New technological advancements and increased demand for energy-efficient solutions may serve as catalysts for further changes in the export landscape.
Top countries in Export of Radiators and Parts Thereof of Iron or Steel Except Cast Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 24.06 | 2023 | +1.6% | +1.35% | View data |
| 2 | 2 Slovenia | 15.29 | 2023 | +4.74% | +241.98% | View data |
| 3 | 3 Germany | 13.94 | 2023 | -1.4% | -1.14% | View data |
| 4 | 4 Netherlands | 9.71 | 2023 | +0.18% | -0.095% | View data |
| 5 | 5 Czech Republic | 9.23 | 2023 | -1.35% | -0.65% | View data |
| 6 | 6 Belgium | 6.64 | 2023 | -10.77% | -9.59% | View data |
| 7 | 7 Hungary | 5.37 | 2023 | -0.5% | -0.35% | View data |
| 8 | 8 United Kingdom | 4.92 | 2023 | -0.21% | +0.78% | View data |
| 9 | 9 China | 4.83 | 2023 | +3.8% | +2.92% | View data |
| 10 | 10 Bulgaria | 4.63 | 2023 | +3.65% | +4.06% | View data |
