In 2023, Italy led the production of iron or steel cold-formed helical springs in Europe with 44.78 million kilograms, followed by Spain with 26.67 million kilograms, and Germany at 22.37 million kilograms. The United Kingdom saw a notable decrease of 14.84% in production. Finland and Slovenia reported positive growth, while France showed a decline. Variations from previous data highlight Spain’s substantial growth of 33.63% in 2023. Over five years, the production shows variability with regional differences.
Future trends to watch include technological advancements in manufacturing processes, impacts of environmental regulations, and shifts in demand within the automotive and industrial sectors, which are key consumers of these springs.
Top countries in Sold Production of Iron or Steel Cold-Formed Helical Springs by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 44,780,000 | 2023 | +20.39% | +0.6% | View data |
| 2 | 2 Spain | 26,666,000 | 2023 | +12.23% | +33.63% | View data |
| 3 | 3 Germany | 22,365,000 | 2023 | +1.15% | +0.41% | View data |
| 4 | 4 United Kingdom | 13,637,000 | 2023 | -7.26% | -14.84% | View data |
| 5 | 5 Finland | 1,385,500 | 2023 | +5.71% | +5.88% | View data |
| 6 | 6 France | 1,196,200 | 2023 | -33.01% | -6.37% | View data |
| 7 | 7 Portugal | 896,050 | 2021 | +130.01% | +72.62% | View data |
| 8 | 8 Croatia | 607,960 | 2023 | +0.87% | -1.62% | View data |
| 9 | 9 Austria | 521,270 | 2021 | +17.03% | +7.08% | View data |
| 10 | 10 Hungary | 414,310 | 2023 | +1.24% | -1.02% | View data |
