In 2023, the United Kingdom was the top European importer of copper springs with significant volume, followed by Austria and Portugal. Austria showed the highest year-on-year increase at 113.05%, indicating a remarkable growth trend, while countries like Greece and Slovenia faced substantial declines. The compound annual growth rate (CAGR) over the last five years highlights a strong upward trend for Austria and Latvia, suggesting a shift in copper spring demand.
Future trends to watch include the sustainability of Austria’s rapid growth and whether other countries will catch up or continue to decrease. The impact of technological advancements and the European Union's sustainability initiatives could further reshape the market landscape.
Top countries in Import of Copper Springs by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 351,000 | 2023 | +4.26% | +14.32% | View data |
| 2 | 2 Austria | 210,710 | 2023 | +0.57% | +113.05% | View data |
| 3 | 3 Portugal | 190,210 | 2023 | +38.09% | +44.49% | View data |
| 4 | 4 France | 158,600 | 2023 | +2.91% | +7.22% | View data |
| 5 | 5 Germany | 121,800 | 2023 | +10.72% | +10.54% | View data |
| 6 | 6 Spain | 97,750 | 2023 | +23.05% | +28.78% | View data |
| 7 | 7 Italy | 66,510 | 2023 | +16.61% | +4.06% | View data |
| 8 | 8 Belgium | 53,590 | 2023 | +11.96% | -11.44% | View data |
| 9 | 9 Romania | 51,990 | 2023 | -1.03% | -2.66% | View data |
| 10 | 10 Netherlands | 42,630 | 2023 | +8.8% | +15.32% | View data |
