Germany remains the leading importer of stranded wire, ropes, and cables of iron or steel in Europe despite a slight year-over-year decline of 0.38% in 2023. Significant year-over-year growth was observed in countries like Cyprus (9.36%), Greece (5.28%), and Slovakia (3.87%). In contrast, substantial declines were seen in Luxembourg and Malta. Notably, countries like Finland, Portugal, and Romania experienced steady increases. Over five years, Germany's compound annual growth rate (CAGR) reflected sluggish growth, while smaller markets like Cyprus and Greece showed more dynamic upward trends.
Looking ahead, European imports are influenced by economic recovery, supply chain adaptations, and environmental regulations, driving demand for sustainable materials and innovative products. Monitoring geopolitical dynamics and technological advancements in production could significantly impact future growth and market distribution.
Top countries in Import of Stranded Wire, Ropes and Cables of Iron or Steel by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 178,190,000 | 2023 | +7.33% | -0.38% | View data |
| 2 | 2 Spain | 101,170,000 | 2023 | +7.99% | +1.45% | View data |
| 3 | 3 Poland | 100,570,000 | 2023 | +2.19% | -1.04% | View data |
| 4 | 4 Netherlands | 92,967,000 | 2023 | +4.43% | +1.59% | View data |
| 5 | 5 France | 91,904,000 | 2023 | +4.61% | +0.33% | View data |
| 6 | 6 Belgium | 89,284,000 | 2023 | +3.25% | +2.59% | View data |
| 7 | 7 Czechia | 70,708,000 | 2023 | |||
| 8 | 8 Italy | 66,380,000 | 2023 | +2.46% | +1.89% | View data |
| 9 | 9 Slovakia | 50,919,000 | 2023 | +2.73% | +3.87% | View data |
| 10 | 10 United Kingdom | 47,053,000 | 2023 | -1.41% | -1.92% | View data |
