The iron or non-alloy steel wire market with carbon content of over 0.6% in Poland concluded at 99.802 million kilograms in 2023. Over the last decade, the market observed significant fluctuations. From 2013 to 2017, it experienced overall growth, with a slight recession in 2015, and reached its peak in 2017. The following years saw a downturn, with a slight recovery beginning in 2020. The two-year trend indicates a moderate annual growth rate averaging around 2.8%, while the five-year compound annual growth rate (CAGR) reflects a slightly negative growth trend.
Future trends to watch for include:
- Technological advances in steel production impacting market dynamics.
- Potential changes in regulations affecting material specifications.
- Shifts in construction and automotive sectors influencing demand.
- Global economic conditions impacting export opportunities.
| # | 5 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 254,580,000 | 2023 | -0.32% | -1.93% | View data |
| 2 | 2 Romania | 133,250,000 | 2023 | +2.25% | +2.07% | View data |
| 3 | 3 Poland | 99,802,000 | 2023 | +2.74% | -0.63% | |
| 4 | 4 United Kingdom | 42,642,000 | 2023 | -3.47% | -2.9% | View data |
| 5 | 5 Lithuania | 9,658,200 | 2023 | +3.35% | +3.51% | View data |
