In 2023, France led European production of iron or steel cold-formed leaf-springs and leaves, generating 10.982 million kilograms. Germany followed with 7.9111 million kilograms, although its growth was marginal at 0.14%. Italy and the UK had 2.477 and 1.8152 million kilograms, respectively, with Italy experiencing a significant decline of 6.55%. Sweden and Hungary reported the highest declines at 15.21% and 16.04%, respectively, while Portugal's production grew by 5.94%. Finland and Denmark's contributions were negligible, with Finland decreasing by 10.67%.
Future trends to watch include:
- France continuing to leverage growth potential with advanced manufacturing technologies.
- Germany focusing on sustainable production techniques to maintain its position.
- Italy's challenge of reversing declining production, potentially through innovation.
- Opportunities for smaller producers like Portugal to capture niche markets or expand capacity.
Top countries in Sold Production of Iron or Steel Cold-Formed Leaf-Springs and Leaves Therefor by Country
| # | 9 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 10,982,000 | 2023 | +7.48% | +3.8% | View data |
| 2 | 2 Germany | 7,911,100 | 2023 | +5.6% | +0.14% | View data |
| 3 | 3 Italy | 2,477,000 | 2023 | +2.54% | -6.55% | View data |
| 4 | 4 United Kingdom | 1,815,200 | 2023 | +0.35% | +0.51% | View data |
| 5 | 5 Sweden | 1,100,700 | 2023 | -10.95% | -15.21% | View data |
| 6 | 6 Hungary | 162,260 | 2023 | -1.78% | -16.04% | View data |
| 7 | 7 Portugal | 29,360 | 2023 | +5.18% | +5.94% | View data |
| 8 | 8 Finland | 13,850 | 2023 | +35.28% | -10.67% | View data |
| 9 | 9 Denmark | 4,440 | 2021 | -10.65% | -14.44% | View data |
