In 2023, Germany led European exports of iron or steel hot-worked helical springs, despite a decline of 16.62% compared to the previous year. Sweden and Poland were key exporters, with Poland growing by 2.88% and the UK by 3.28%. Notably, Finland saw a significant increase of 30.54%, while Hungary and Slovakia experienced substantial growth of 47.3% and 49.89%, respectively. Luxembourg's exports nearly doubled with a 92.98% surge, showcasing strong momentum. In contrast, Denmark, Belgium, and Romania showed declines.
Future trends to watch include:
- Potential recovery in Germany’s exports if capacity and demand stabilize.
- Continued growth in emerging markets like Slovakia and Hungary.
- The impact of sustainability initiatives on production and export strategies.
- Innovations in automotive industries, which may drive demand for specialized springs.
Top countries in Export of Iron or Steel Hot-Worked Helical Springs by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 17,200,000 | 2023 | -3.46% | -16.62% | View data |
| 2 | 2 Sweden | 10,108,000 | 2023 | +8.62% | -0.5% | View data |
| 3 | 3 Poland | 6,823,500 | 2023 | +4.17% | +2.88% | View data |
| 4 | 4 United Kingdom | 6,758,300 | 2023 | +1.32% | +3.28% | View data |
| 5 | 5 Czechia | 4,980,400 | 2023 | |||
| 6 | 6 France | 4,155,200 | 2023 | View data | ||
| 7 | 7 Denmark | 2,699,200 | 2023 | +2.26% | -2.37% | View data |
| 8 | 8 Portugal | 2,437,400 | 2023 | +5.11% | +0.82% | View data |
| 9 | 9 Finland | 1,838,000 | 2023 | +13.77% | +30.54% | View data |
| 10 | 10 Spain | 956,230 | 2022 | -100% | -100% | View data |
