In 2023, Germany led European imports of aluminum alloy wire, accounting for 32.44% despite a slight decline. Italy and Spain followed, with Italy experiencing a significant drop. Notable increases were seen in the Netherlands (16.53%) and Portugal (9.68%), while Belgium saw a marked decrease. Estonia and Lithuania's imports surged by 17.96% and 12.61%, respectively. Hungary and Slovakia faced declines, as did Cyprus, with a notable reduction. Over the last five years, varying trends have influenced the Compound Annual Growth Rate (CAGR), reflecting the dynamic nature of the market.
Future trends to watch:
- Potential growth in countries showing recent increments, such as the Netherlands and Romania.
- Stabilization efforts in countries with recent declines like Italy and Belgium.
- Impacts of EU policies on material sourcing and trade dynamics.
Top countries in Import of Aluminium Alloy Wire Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 32.44 | 2023 | -0.99% | -0.62% | View data |
| 2 | 2 Italy | 17.51 | 2023 | +4.11% | -2.09% | View data |
| 3 | 3 Spain | 6.99 | 2023 | +5.52% | +0.18% | View data |
| 4 | 4 Austria | 6.02 | 2023 | +1.62% | +1.71% | View data |
| 5 | 5 France | 5.89 | 2023 | +8.93% | +2.37% | View data |
| 6 | 6 Netherlands | 5.39 | 2023 | +6.39% | +16.53% | View data |
| 7 | 7 Czechia | 5.02 | 2023 | |||
| 8 | 8 Slovakia | 4.22 | 2023 | +0.2% | -1.55% | View data |
| 9 | 9 Finland | 3.19 | 2023 | +13.27% | -7.34% | View data |
| 10 | 10 Sweden | 2.3 | 2023 | +4.76% | -0.026% | View data |