In 2023, Italy led European sold production of welded grill, netting, and fencing from wire with a 36.32% share, although experiencing a slight decline of 1.69% year-on-year. Germany followed at 23.07%, with significant growth of 5.55%. Spain, France, and the United Kingdom recorded 8.63%, 7.07%, and 2.94% shares, respectively, with Spain notably increasing by 8.5%. Meanwhile, Romania and Greece showed substantial growth at 17.87% and 15.49%, respectively. Smaller markets, like Finland and Serbia, saw double-digit growth, indicative of potential market expansions.
Future trends to watch include technological advancements in manufacturing processes, increasing environmental regulations favoring sustainable materials, and significant infrastructural investments in Eastern European countries, potentially leading to shifts in market shares or new market leaders.
Top countries in Sold Production of Welded Grill, Netting and Fencing Manufactured from Wire Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 36.32 | 2023 | +11.81% | -1.69% | View data |
| 2 | 2 Germany | 23.07 | 2023 | +0.4% | +5.55% | View data |
| 3 | 3 Spain | 8.63 | 2023 | +5.22% | +8.5% | View data |
| 4 | 4 France | 7.07 | 2023 | +2.58% | -0.035% | View data |
| 5 | 5 United Kingdom | 2.94 | 2023 | -1.88% | -5.18% | View data |
| 6 | 6 Romania | 2.66 | 2023 | +3.46% | +17.87% | View data |
| 7 | 7 Greece | 2.61 | 2023 | +6.85% | +15.49% | View data |
| 8 | 8 Bosnia and Herzegovina | 2.51 | 2023 | +2.74% | +2.06% | View data |
| 9 | 9 Czechia | 2.49 | 2023 | |||
| 10 | 10 Portugal | 2.25 | 2023 | +7.76% | +4.85% | View data |