In 2023, Germany held the majority share of the European sold production of iron or steel rivets at 56.13%, though it experienced a slight 0.7% decline. The United Kingdom followed, capturing 23.55% with a growth of 1.34%. Italy and Spain saw notable increases of 3.94% and 4.2%, respectively. In contrast, France experienced a significant drop of 23.61%. Poland and Denmark's shares increased, reflecting growth in Eastern European production capabilities.
Future trends to watch include Eastward shifts in production potential, expansion in emerging markets like Poland and Hungary, and potential impacts of environmental regulations on industry dynamics.
Top countries in Sold Production of Iron or Steel Rivets Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 56.13 | 2023 | +4.63% | -0.7% | View data |
| 2 | 2 United Kingdom | 23.55 | 2023 | +0.52% | +1.34% | View data |
| 3 | 3 Italy | 8.63 | 2023 | +7.94% | +3.94% | View data |
| 4 | 4 Spain | 3.82 | 2023 | +10.63% | +4.2% | View data |
| 5 | 5 France | 2.24 | 2023 | -42.59% | -23.61% | View data |
| 6 | 6 Hungary | 2.03 | 2023 | +3.05% | +2.64% | View data |
| 7 | 7 Slovenia | 1.2 | 2023 | +1.76% | -3.29% | View data |
| 8 | 8 Poland | 1.14 | 2023 | +3.91% | +8.38% | View data |
| 9 | 9 Portugal | 0.6 | 2023 | +0.23% | -1.83% | View data |
| 10 | 10 Denmark | 0.45 | 2023 | +5.9% | +7.96% | View data |