In 2023, Germany and Italy dominated European sold production of iron or steel reels for cables, piping, and the like, holding nearly 35% each of market share in euros. Spain (7.33%), Slovakia (5.95%), and Czechia (5.12%) followed. Year-on-year, Italy saw a robust increase of 29.04%, significantly outpacing Germany's 4.37% growth. Spain and the United Kingdom also exhibited moderate growth rates. Conversely, Slovakia and Hungary recorded negative growth, indicating potential challenges in those markets.
Looking forward, European sold production of iron or steel reels could be influenced by increasing demand for sustainable infrastructure, advancements in manufacturing technologies, and potential market shifts due to economic policies within the region.
Top countries in Sold Production of Iron or Steel Reels for Cables, Piping and the Like Share by Country (Euros)
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 35.38 | 2023 | +5.5% | +4.37% | View data |
| 2 | 2 Italy | 35.05 | 2023 | +8.03% | +29.04% | View data |
| 3 | 3 Spain | 7.33 | 2023 | +6.35% | +4.3% | View data |
| 4 | 4 Slovakia | 5.95 | 2023 | -0.077% | -2.85% | View data |
| 5 | 5 Czechia | 5.12 | 2023 | |||
| 6 | 6 France | 3.52 | 2023 | -3.95% | -1.73% | View data |
| 7 | 7 United Kingdom | 1.89 | 2023 | -5.63% | +4.05% | View data |
| 8 | 8 Poland | 1.51 | 2023 | +5.15% | +4.06% | View data |
| 9 | 9 Hungary | 0.37 | 2023 | -6.65% | -1.53% | View data |
