In 2023, Germany was the largest importer of stranded wire, ropes, and cables of iron or steel in Europe, contributing 15.45% by weight. Spain, Poland, the Netherlands, and France followed, with shares ranging from 8% to 9%. Notable year-on-year changes include growth in imports by Slovakia, Romania, and Greece, whereas Germany and Poland saw marginal declines. Luxembourg and Malta experienced the largest declines in import share. Finland and Cyprus saw the highest positive percentage changes, indicating emerging growth potential.
Looking ahead, the European import market for these products is poised for mixed trends. Watch for potential increases in imports by countries like Finland and Cyprus due to strong recent growth, while monitoring economic and industrial policies in major importers like Germany and Spain that could influence future demand patterns. Fluctuations in global steel prices and trade relations will significantly impact these trends.
Top countries in Import of Stranded Wire, Ropes and Cables of Iron or Steel Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 15.45 | 2023 | +7.33% | -0.38% | View data |
| 2 | 2 Spain | 8.77 | 2023 | +7.99% | +1.45% | View data |
| 3 | 3 Poland | 8.72 | 2023 | +2.19% | -1.04% | View data |
| 4 | 4 Netherlands | 8.06 | 2023 | +4.43% | +1.59% | View data |
| 5 | 5 France | 7.97 | 2023 | +4.61% | +0.33% | View data |
| 6 | 6 Belgium | 7.74 | 2023 | +3.25% | +2.59% | View data |
| 7 | 7 Czechia | 6.13 | 2023 | |||
| 8 | 8 Italy | 5.76 | 2023 | +2.46% | +1.89% | View data |
| 9 | 9 Slovakia | 4.42 | 2023 | +2.73% | +3.87% | View data |
| 10 | 10 United Kingdom | 4.08 | 2023 | -1.41% | -1.92% | View data |
