In 2023, Germany led European imports of iron or steel cables, with Poland and Spain following. Germany's share slightly declined by 0.41%, while Spain increased by 1.37%. Notable growth occurred in Greece, Cyprus, and Portugal. Import share from the United Kingdom and Luxembourg decreased. Despite fluctuations, overall market showed stability, with most countries maintaining their standing, while some like Slovakia and Romania witnessed notable growth. The trend suggests cautious optimism, with advancements in infrastructure possibly bolstering demand.
Future trends to watch include a potential increase in demand driven by infrastructure projects and renewable energy expansion across Europe, possibly shifting import dynamics among key countries. Monitoring trade policies and international relations will be crucial, as they can impact sourcing strategies and import volumes.
Top countries in Import of Stranded Wire, Cables, Plaited Bands, Slings and the Like, of Iron or Steel, Not Electrically Insulated Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 15.63 | 2023 | +7.34% | -0.41% | View data |
| 2 | 2 Poland | 8.81 | 2023 | +2.18% | -1.07% | View data |
| 3 | 3 Spain | 8.68 | 2023 | +7.88% | +1.37% | View data |
| 4 | 4 France | 8.14 | 2023 | +4.87% | +0.39% | View data |
| 5 | 5 Netherlands | 7.93 | 2023 | +3.11% | +1.1% | View data |
| 6 | 6 Belgium | 7.46 | 2023 | +2.15% | +1.95% | View data |
| 7 | 7 Czechia | 6 | 2023 | |||
| 8 | 8 Italy | 5.86 | 2023 | +2.46% | +2.14% | View data |
| 9 | 9 Slovakia | 4.33 | 2023 | +2.65% | +3.76% | View data |
| 10 | 10 United Kingdom | 4.31 | 2023 | -1.29% | -1.96% | View data |
