The European export market for iron or steel self-tapping screws is led by Czechia with substantial volumes, followed by Germany and Italy. Notable positive growth is observed in Hungary and Bulgaria, with Hungary showing a remarkable 9.53% increase in 2023. Conversely, Germany saw a slight decline, while Lithuania experienced a more notable reduction. Variability is evident across countries, with Ireland witnessing the steepest drop. Luxembourg had significant growth, albeit from a smaller base. In terms of the last five years' compounded annual growth rate, these fluctuations highlight differing economic dynamics across Europe's metal fastener sector.
Future trends to watch for include anticipated increases in demand driven by the construction and automotive sectors expansion within Europe. New technologies enhancing production efficiency and sustainability could also impact trade dynamics, potentially benefiting countries investing in innovation. Monitoring changes in European Union trade policies and international market conditions will also be crucial in understanding future directions for exports in this sector.
Top countries in Export of Iron or Steel Self-Tapping Screws by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Czechia | 60,230,000 | 2023 | |||
| 2 | 2 Germany | 48,453,000 | 2023 | -3.07% | -0.52% | View data |
| 3 | 3 Italy | 24,101,000 | 2023 | +5.78% | +3.05% | View data |
| 4 | 4 Poland | 16,211,000 | 2023 | +4.17% | +7.61% | View data |
| 5 | 5 Netherlands | 12,157,000 | 2023 | +2.58% | +3.44% | View data |
| 6 | 6 Spain | 12,115,000 | 2023 | +7.68% | +0.73% | View data |
| 7 | 7 Austria | 8,679,400 | 2023 | +1.37% | +0.43% | View data |
| 8 | 8 France | 8,080,700 | 2023 | +8.9% | +1.16% | View data |
| 9 | 9 Slovakia | 6,484,300 | 2023 | +1.67% | +6.6% | View data |
| 10 | 10 Sweden | 5,238,900 | 2023 | +5.17% | +0.47% | View data |
