Germany and Italy dominate the European market for iron or steel threaded fasteners, with shares of 49.84% and 27.88% respectively in 2023. France, Spain, and Poland also contribute notable shares, with minor variances seen year-on-year. While Germany saw a minimal increase, Italy and several smaller markets including Belgium and Bulgaria experienced more significant growth. The United Kingdom and Ireland faced declines. Overall, the market experienced diverse year-on-year shifts with five-year CAGR trends favoring smaller market players like Bulgaria.
Future trends to watch include potential market share increases in countries with observed growth trajectories like Belgium and Slovakia, while monitoring the impact of declining trends in the UK and Ireland as they adapt to changing economic conditions. Environmental regulations and technological advancements could also shift production distribution across Europe.
Top countries in Sold Production of Iron or Steel Threaded Fasteners Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 49.84 | 2023 | +5.35% | +0.51% | View data |
| 2 | 2 Italy | 27.88 | 2023 | +1.77% | +2.79% | View data |
| 3 | 3 France | 7.35 | 2023 | +4.99% | -0.26% | View data |
| 4 | 4 Spain | 5.65 | 2023 | +7.85% | +0.48% | View data |
| 5 | 5 Poland | 4.27 | 2023 | +1.91% | +0.68% | View data |
| 6 | 6 United Kingdom | 3.33 | 2023 | -1.64% | -0.75% | View data |
| 7 | 7 Czechia | 1.38 | 2023 | |||
| 8 | 8 Denmark | 1.03 | 2023 | +0.47% | +3.82% | View data |
| 9 | 9 Sweden | 0.88 | 2023 | +8.09% | +15.31% | View data |
| 10 | 10 Finland | 0.64 | 2023 | +3.23% | +2.04% | View data |
