The analysis of 2023 data highlights Austria, Czechia, and Hungary as leading exporters of base metal coated electrodes for electric arc-welding in Europe. Austria's exports surged by 16%, whereas Germany and Italy saw declines. Notable increases were observed in Croatia and Spain, while Belgium faced a significant drop of nearly 38%. Long-term trends revealed a mix of consistent growth in some regions, such as Luxembourg and Finland, with notable setbacks for countries like Lithuania and Belgium over the past five years.
Future trends to watch include potential growth leveraged by technological advancements and green initiatives, possibly boosting productivity and demand in sectors relying heavily on welding technology. Economic conditions and global trade policies may significantly influence these dynamics in 2024 and beyond.
Top countries in Export of Base Metal Coated Electrodes for Electric Arc-Welding by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 28,357,000 | 2023 | +24.17% | +16.03% | View data |
| 2 | 2 Czechia | 24,173,000 | 2023 | |||
| 3 | 3 Hungary | 23,518,000 | 2023 | -0.34% | -1.34% | View data |
| 4 | 4 Sweden | 10,648,000 | 2023 | -1.33% | -2.69% | View data |
| 5 | 5 Romania | 7,955,500 | 2023 | -1.31% | +1% | View data |
| 6 | 6 Netherlands | 4,420,900 | 2023 | -0.41% | +0.93% | View data |
| 7 | 7 Poland | 4,322,200 | 2023 | +2.17% | +3.37% | View data |
| 8 | 8 Italy | 3,815,400 | 2023 | -16.11% | -11.73% | View data |
| 9 | 9 France | 3,443,500 | 2023 | +0.7% | -2.29% | View data |
| 10 | 10 Slovenia | 3,167,000 | 2023 | -2.02% | -3.11% | View data |
