In 2023, the United Kingdom led European imports of iron or steel hot-worked helical springs by weight, followed by Poland and Germany. Significant increases were noted in Spanish and Greek imports, with Spain showing a notable year-on-year growth of over 15%. Conversely, Finland, Italy, and Denmark saw considerable declines, with Denmark experiencing the largest reduction at 18.26%. Overall, growth was uneven, reflecting fluctuating economic factors and industrial demands across Europe.
Future trends to watch include:
- Potential for increased imports by rapidly growing economies like Spain and Poland.
- Continued volatility due to economic and geopolitical factors affecting supply chains.
- Technological and environmental innovations influencing production and demand.
- Possible recovery or continuous decline in countries with recent significant import losses.
Top countries in Import of Iron or Steel Hot-Worked Helical Springs Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 19.58 | 2023 | +0.91% | -4.04% | View data |
| 2 | 2 Poland | 16.4 | 2023 | +2.25% | +4.2% | View data |
| 3 | 3 Germany | 11.11 | 2023 | +9.08% | -2.25% | View data |
| 4 | 4 Romania | 8.4 | 2023 | +4.11% | +2.79% | View data |
| 5 | 5 Spain | 7.39 | 2023 | +15.42% | +15.51% | View data |
| 6 | 6 France | 6.12 | 2023 | +9.62% | -0.25% | View data |
| 7 | 7 Czechia | 6 | 2023 | |||
| 8 | 8 Slovakia | 4.41 | 2023 | +3.53% | +2.94% | View data |
| 9 | 9 Belgium | 3.25 | 2023 | -5.83% | -3.55% | View data |
| 10 | 10 Netherlands | 2.86 | 2023 | +0.98% | +4.77% | View data |