In 2023, Germany led with a dominant share of €67.2 in European sold production of copper threaded articles, despite a slight -2.17% year-on-year decline. Italy followed, holding €23.28 despite a -4.6% drop. France maintained third place at €8.96. Spain experienced significant growth at 16.63%, yet remained relatively small compared to the frontrunners. Estonia, Hungary, Denmark, and Finland exhibited minimal shares, with Hungary and Denmark facing sharp declines of -24.39% and -30.81% respectively. Over the past five years, differing country performances suggested varied CAGRs, linked to technological, economic, and competitive factors.
Future trends to observe include:
- Potential market growth in Spain due to recent positive performance.
- Germany's continued dominance, possibly adjusting strategies in response to slight declines.
- The impact of supplier shifts or geopolitical events, particularly for lower-ranking countries.
- Sustainability and innovation influencing the production and sales landscape.
Top countries in Sold Production of Copper Threaded Articles Share by Country (Euros)
| # | 8 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 67.2 | 2023 | +3.77% | -2.17% | View data |
| 2 | 2 Italy | 23.28 | 2023 | +0.81% | -4.6% | View data |
| 3 | 3 France | 8.96 | 2021 | View data | ||
| 4 | 4 Spain | 0.92 | 2023 | +32.38% | +16.63% | View data |
| 5 | 5 Estonia | 0.31 | 2021 | +69.74% | -1.5% | View data |
| 6 | 6 Hungary | 0.25 | 2023 | -37.34% | -24.39% | View data |
| 7 | 7 Denmark | 0.065 | 2023 | +18.08% | -30.81% | View data |
| 8 | 8 Finland | 0.003 | 2021 | +7.72% | -58.73% | View data |