In 2023, Germany led the European import share of iron or steel hot-worked laminated leaf-springs and leaves with 32.92%, despite a 4.41% decline from the previous year. Poland and the Netherlands followed, with France and the United Kingdom experiencing modest increases. A notable rise was observed in Slovakia's import share, which soared by 30.08%. Countries like Croatia and Malta saw significant drops of -35.32% and -15.9% respectively. The compound annual growth rate across the region indicates steady interest, with variation among major importers reflecting changing supply chain dynamics and market demand.
Key future trends to watch include the evolving automotive and manufacturing sectors' impact on demand. As sustainability becomes a focus, alterations in manufacturing practices may cause shifts in import patterns. Monitoring geopolitical developments and economic recovery from recent global disruptions will be essential for predicting future trade flows within Europe.
Top countries in Import of Iron or Steel Hot-Worked Laminated Leaf-Springs and Leaves Therefor Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 32.92 | 2023 | +4.17% | -4.41% | View data |
| 2 | 2 Poland | 13.6 | 2023 | +4.51% | +4.41% | View data |
| 3 | 3 Netherlands | 13.13 | 2023 | +5% | +0.62% | View data |
| 4 | 4 Belgium | 7.05 | 2023 | +2.32% | +17.71% | View data |
| 5 | 5 Hungary | 7 | 2023 | +1.26% | -0.13% | View data |
| 6 | 6 Czechia | 5.67 | 2023 | |||
| 7 | 7 Italy | 5.52 | 2023 | +6.57% | +3% | View data |
| 8 | 8 France | 3.92 | 2023 | +8.79% | +3.75% | View data |
| 9 | 9 United Kingdom | 3.17 | 2023 | +0.59% | +0.028% | View data |
| 10 | 10 Sweden | 2.37 | 2023 | -5.19% | +1.37% | View data |