In 2023, Germany led the European export of iron or steel threaded fasteners with a market share of 34.08%, followed by Italy at 16.52% and the Netherlands at 9.22%. While Germany and Italy experienced modest growth, Poland (up 2.99%) and Denmark (up 4.92%) showed robust increases in market share. Conversely, significant declines were seen in countries like Slovakia (-5.58%) and Croatia (-2.79%). Over the last five years, a diverse CAGR growth pattern reflects mixed market dynamics.
Future trends to watch include continued growth in Eastern European countries like Poland, driven by increasing manufacturing capabilities, alongside potential market share declines in Western European markets due to cost pressures and competition. Regional political changes and shifting trade policies might also impact export trends.
Top countries in Export of Iron or Steel Threaded Fasteners Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 34.08 | 2023 | +2.52% | +1.48% | View data |
| 2 | 2 Italy | 16.52 | 2023 | +4.42% | +0.46% | View data |
| 3 | 3 Netherlands | 9.22 | 2023 | +3.64% | -1.19% | View data |
| 4 | 4 Czechia | 6.72 | 2023 | |||
| 5 | 5 France | 5.6 | 2023 | -0.75% | -1.86% | View data |
| 6 | 6 Poland | 5.12 | 2023 | +3.17% | +2.99% | View data |
| 7 | 7 Spain | 4.44 | 2023 | +5.58% | +0.077% | View data |
| 8 | 8 Belgium | 4.36 | 2023 | +1.73% | +1.33% | View data |
| 9 | 9 Slovakia | 3.08 | 2023 | +3.14% | -5.58% | View data |
| 10 | 10 United Kingdom | 2.51 | 2023 | +2.24% | +2.65% | View data |
