The European import market for steering wheels, steering columns, and steering boxes in 2023 shows Germany leading with a 27.8% share, followed by France at 16.04%, and Poland at 10.55%. Germany's imports grew by 4.69% year-over-year, while the UK experienced a decline of 1.84%. Portugal exhibited the most significant increase at 12.07%. Notable growth was also seen in Ireland and Bulgaria.
In the coming years, attention should be given to the rise in imports from smaller countries such as Bulgaria and Portugal. Additionally, technological advancements and shifts towards electric vehicles could influence import patterns and demand for specific steering components.
Top countries in Import of Steering Wheels, Steering Columns and Steering Boxes Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 27.8 | 2023 | +7.23% | +4.69% | View data |
| 2 | 2 France | 16.04 | 2023 | +12.39% | +1.76% | View data |
| 3 | 3 Poland | 10.55 | 2023 | +3.28% | +3.75% | View data |
| 4 | 4 Spain | 8.37 | 2023 | +9.64% | +2.19% | View data |
| 5 | 5 United Kingdom | 7.06 | 2023 | -0.35% | -1.84% | View data |
| 6 | 6 Czechia | 6.72 | 2023 | |||
| 7 | 7 Slovakia | 3.83 | 2023 | +2.97% | +1.61% | View data |
| 8 | 8 Italy | 3.76 | 2023 | +3.03% | -0.063% | View data |
| 9 | 9 Romania | 3.15 | 2023 | +3.36% | +2.17% | View data |
| 10 | 10 Hungary | 3.1 | 2023 | +3.03% | +6.16% | View data |
