In 2023, Hungary led the European export market for stranded wires, cables, and related products made from aluminium, with exports valued at 20.283 million kilograms. Austria and the Netherlands followed as significant exporters, with the Netherlands experiencing a 107.9% year-on-year increase, signaling robust demand. In contrast, Germany and the UK saw notable declines of 19.69% and 18.51% respectively. Other countries like Denmark and Luxembourg displayed exceptional growth rates exceeding 17%, suggesting potential emerging players in this sector.
Looking ahead, attention should be given to the Netherlands, anticipated to maintain strong growth. Monitoring the recovery of Germany and the UK is also important, as well as observing if smaller markets like Latvia and Luxembourg can sustain their recent expansions. The evolving global demand for aluminium-based products will significantly influence these trends.
Top countries in Export of Stranded Wires, Cables, Plaited Bands and the Like, Ropes of Aluminium by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 20,283,000 | 2023 | +4.77% | +5.77% | View data |
| 2 | 2 Austria | 13,329,000 | 2023 | +1.06% | +9.71% | View data |
| 3 | 3 Netherlands | 10,291,000 | 2023 | +10.31% | +107.9% | View data |
| 4 | 4 Belgium | 6,876,000 | 2023 | -6.41% | +5.84% | View data |
| 5 | 5 Poland | 3,851,500 | 2023 | +1.68% | +5.52% | View data |
| 6 | 6 Portugal | 3,239,300 | 2023 | +0.06% | +7.5% | View data |
| 7 | 7 Spain | 2,709,900 | 2023 | +9.3% | -0.42% | View data |
| 8 | 8 Slovakia | 2,218,900 | 2023 | +1.81% | +5.26% | View data |
| 9 | 9 Italy | 2,210,900 | 2023 | +7.78% | -4.46% | View data |
| 10 | 10 Sweden | 1,152,900 | 2023 | +10.48% | +4.79% | View data |
