In 2023, Germany dominated the European market for iron or steel wood screws, with a value of €167.65 million. France and Italy followed, with values of €29.357 million and €16.348 million, respectively. Poland and Spain also contributed notable figures of €7.108 million and €4.9112 million, while the United Kingdom accounted for €1.3479 million. While Germany, France, and Italy showed positive year-on-year variations of 7.09%, 5.63%, and 37.36% respectively, Spain and the UK saw declines of 2.56% and 15.32%. Over a five-year period, average annual growth reflected consistent trends.
Future trends to watch include:
- Germany's continued leadership, possibly driven by technological advancements and expanding industries.
- Potential growth in Italy due to its high recent annual variation.
- Watch for recovery or further decline in the UK market amidst economic changes.
- Overall market shifts due to construction and manufacturing developments in the European region.
Top countries in Sold Production of Iron or Steel Wood Screws by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 167,650,000 | 2023 | +3.47% | +7.09% | View data |
| 2 | 2 France | 29,357,000 | 2023 | +0.089% | +5.63% | View data |
| 3 | 3 Italy | 16,348,000 | 2023 | +2.4% | +37.36% | View data |
| 4 | 4 Poland | 7,108,000 | 2023 | +2.84% | +2.91% | View data |
| 5 | 5 Spain | 4,911,200 | 2023 | -1.99% | -2.56% | View data |
| 6 | 6 United Kingdom | 1,347,900 | 2023 | -1.88% | -15.32% | View data |
| 7 | 7 Finland | 864,540 | 2023 | +20.41% | +3.18% | View data |
| 8 | 8 Portugal | 247,830 | 2023 | -24.87% | +2.09% | View data |
| 9 | 9 Croatia | 32,860 | 2023 | +2.46% | +3.11% | View data |
| 10 | 10 Denmark | 17,350 | 2021 | +11.46% | +53.81% | View data |
