In 2023, Germany maintained its dominance in European Sold Production of Iron or Steel Springs, securing a 46.32% share despite minimal growth. Italy followed with significant growth, reaching 15.16%, while Portugal and Poland posted moderate increases. Declines were prominent in France and Slovakia, whereas Finland and Estonia showed remarkable growth. The United Kingdom and Sweden registered slight downturns.
Future trends to watch include technological advancements in manufacturing processes, shifts in automotive and industrial demand, sustainability pressures, and potential impacts of trade policies. Countries exhibiting rapid growth, like Estonia and Finland, may continue to play an increasing role in the market.
Top countries in Sold Production of Iron or Steel Springs Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 46.32 | 2023 | +2.5% | +0.09% | View data |
| 2 | 2 Italy | 15.16 | 2023 | +14.11% | +11.71% | View data |
| 3 | 3 Portugal | 12.41 | 2023 | +30.5% | +1.53% | View data |
| 4 | 4 Poland | 8.12 | 2023 | +2.51% | +3.89% | View data |
| 5 | 5 France | 5.4 | 2023 | +1.18% | -3.49% | View data |
| 6 | 6 United Kingdom | 4.77 | 2023 | -2.35% | -2.38% | View data |
| 7 | 7 Netherlands | 2.9 | 2023 | +24.89% | +15.56% | View data |
| 8 | 8 Lithuania | 1.57 | 2023 | +4.41% | +6.6% | View data |
| 9 | 9 Czechia | 1.39 | 2023 | |||
| 10 | 10 Spain | 1.3 | 2023 | +7.99% | +1.65% | View data |
