Germany remains the top exporter of iron or steel washers in Europe, despite a slight decline of 1.38% in 2023. Italy showed significant growth with a 13.45% increase, closely followed by Spain's remarkable 26.43% rise. The Netherlands experienced a minor decrease, whereas France, Belgium, and Austria had modest gains. Noteworthy growth was seen in Finland, Latvia, and Denmark. Conversely, Romania, Malta, and especially Greece saw declines, with Greece experiencing a complete drop in exports. Luxembourg showcased the most significant surge with a 39.38% increase.
Future trends to watch include Germany's strategies to regain its previous export levels and Italy's potential to expand further. With Spain's strong growth trajectory, competition among major exporters is expected to intensify. Smaller countries like Denmark and Luxembourg may continue to capitalize on this upward trend. Regional economic policies and global demand shifts will play crucial roles in shaping these dynamics.
Top countries in Export of Iron or Steel Washers Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 36.67 | 2023 | +1.2% | -1.38% | View data |
| 2 | 2 Italy | 32.84 | 2023 | +15.35% | +13.45% | View data |
| 3 | 3 Netherlands | 9.41 | 2023 | +4.62% | -0.24% | View data |
| 4 | 4 Spain | 7.53 | 2023 | -2.78% | +26.43% | View data |
| 5 | 5 France | 5.09 | 2023 | +6.24% | +1.39% | View data |
| 6 | 6 Sweden | 4.23 | 2023 | +6.68% | -2.61% | View data |
| 7 | 7 Czechia | 3.97 | 2023 | |||
| 8 | 8 Belgium | 3.35 | 2023 | +2.49% | +2.48% | View data |
| 9 | 9 Poland | 2.39 | 2023 | +0.95% | +0.3% | View data |
| 10 | 10 Slovakia | 2.15 | 2023 | +3.37% | +4.34% | View data |
