The European export market for stranded wires, cables, plaited bands, and similar aluminium products exhibits varying trends across countries as of 2023. Hungary leads with significant volume, followed by Austria and the Netherlands, the latter showing a substantial increase over the previous year. Belgium and Poland maintain moderate growth, while countries like Germany and the UK face declining export volumes. Notably, Latvia and Luxembourg witness significant growth despite their smaller base. The stagnant or declining trends in places like Germany and the UK contribute to a shifting landscape in this sector.
Future trends to watch include the expansion capacity of smaller markets like Latvia and Luxembourg and the technological advancements that could potentially rejuvenate Germany and the UK's export volumes. The Netherlands is poised for continued growth, drawing on recent momentum. Monitoring advancements in manufacturing efficiency and emerging European policies on aluminium products will be critical for forecasting future export trends.
Top countries in Export of Stranded Wires, Cables, Plaited Bands and the Like, Ropes of Aluminium Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 34.09 | 2023 | +4.77% | +5.77% | View data |
| 2 | 2 Austria | 22.4 | 2023 | +1.06% | +9.71% | View data |
| 3 | 3 Netherlands | 17.29 | 2023 | +10.31% | +107.9% | View data |
| 4 | 4 Belgium | 11.56 | 2023 | -6.41% | +5.84% | View data |
| 5 | 5 Poland | 6.47 | 2023 | +1.68% | +5.52% | View data |
| 6 | 6 Portugal | 5.44 | 2023 | +0.06% | +7.5% | View data |
| 7 | 7 Spain | 4.55 | 2023 | +9.3% | -0.42% | View data |
| 8 | 8 Slovakia | 3.73 | 2023 | +1.81% | +5.26% | View data |
| 9 | 9 Italy | 3.72 | 2023 | +7.78% | -4.46% | View data |
| 10 | 10 Sweden | 1.94 | 2023 | +10.48% | +4.79% | View data |
