The 2024 European export share of iron or steel cold-formed helical coil tension springs is led by Germany with 50.64%, followed by Poland (17.89%) and Italy (16.9%). In 2023, Germany saw a slight increase of 2.95%, whereas Poland expanded by 5.72%. Conversely, Italy experienced a decline of 1.13%. Spain's contribution decreased significantly by 13.65%, while France fell sharply by 27.29%. Meanwhile, Ireland and Greece registered substantial growth rates of 94.01% and 75.16% respectively, though from relatively low bases. Over the past five years, variations indicate dynamic movements favoring key players like Germany and Poland.
Future trends to watch include the potential for further growth in Ireland and Greece's export shares if their current trajectories continue. Additionally, sustained innovation and efficiency improvements in Germany and Poland could cement their leadership. Monitoring economic policies and eurozone stability will also be essential, as they influence production costs and demand in the European iron and steel spring market.
Top countries in Export of Iron or Steel Cold-Formed Helical Coil Tension Springs Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 50.64 | 2023 | -12.37% | +2.95% | View data |
| 2 | 2 Poland | 17.89 | 2023 | +4.27% | +5.72% | View data |
| 3 | 3 Italy | 16.9 | 2023 | +9.05% | -1.13% | View data |
| 4 | 4 Spain | 7.05 | 2023 | +5.95% | -13.65% | View data |
| 5 | 5 Slovakia | 1.98 | 2023 | +2.54% | +1.38% | View data |
| 6 | 6 Hungary | 1.95 | 2023 | +5.38% | +5.63% | View data |
| 7 | 7 Portugal | 0.79 | 2022 | -10.83% | -2.13% | View data |
| 8 | 8 France | 0.73 | 2023 | -31.96% | -27.29% | View data |
| 9 | 9 Denmark | 0.64 | 2023 | -3.92% | +17.94% | View data |
| 10 | 10 Lithuania | 0.48 | 2023 | +2.45% | -0.27% | View data |
