The European export market for iron or steel springs is led by Germany, commanding a substantial share of roughly 35.41% in 2024. The Czech Republic, Spain, Poland, and France follow next. Over the past year, Lithuania and Ireland presented remarkable growth rates in exports, achieving 5.7% and 60.35% respectively. Conversely, France, Italy, and Denmark saw declines. Interestingly, Estonia reported the largest relative increase in 2023 at 13.77%, while Croatia and Bulgaria strengthened their positions. Over the past five years, compound growth shows a mixed bag of modest gains and declines overall across the region.
Looking ahead, key trends to monitor include Germany's continued dominance, increasing diversification by smaller exporting nations, and potential impacts of policy shifts within the EU. Technological advancements and supply chain improvements could further impact these dynamics.
Top countries in Export of Iron or Steel Springs and Leaves for Springs Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 35.41 | 2023 | +2.82% | +0.087% | View data |
| 2 | 2 Czechia | 10.42 | 2023 | |||
| 3 | 3 Spain | 9.46 | 2023 | +6.65% | +1.29% | View data |
| 4 | 4 Poland | 8.95 | 2023 | +3.78% | +4.86% | View data |
| 5 | 5 France | 4.94 | 2023 | +2.29% | -2.81% | View data |
| 6 | 6 Italy | 4.82 | 2023 | +1.76% | -1.42% | View data |
| 7 | 7 Netherlands | 4.43 | 2023 | +7.43% | -0.41% | View data |
| 8 | 8 Belgium | 3.43 | 2023 | +5.39% | +0.86% | View data |
| 9 | 9 Hungary | 3.09 | 2023 | +4.47% | +4.81% | View data |
| 10 | 10 Romania | 2.94 | 2023 | +2.06% | +0.32% | View data |
