Spain leads European exports of stranded wire, ropes, and cables of iron or steel in 2024, closely followed by Germany and Italy. From 2023 to 2024, notable year-on-year increases occurred in Romania, Hungary, Sweden, Finland, and Estonia, indicating positive growth in these markets. Conversely, countries like Cyprus, Belgium, and Bulgaria experienced significant declines. Over the last five years, compound annual growth rates provide insights into longer-term trends, with certain Eastern European nations showing robust growth, underscoring shifts in production dynamics.
Future trends to watch include emerging market dynamics, particularly in Eastern Europe, as countries like Romania and Hungary continue to expand. Automation and technological advances may further enhance competitiveness, while potential regulatory changes may affect trade patterns. Monitoring market entrants and technological shifts will be crucial for maintaining competitive advantages in exports.
Top countries in Export of Stranded Wire, Ropes and Cables of Iron or Steel by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 214,350,000 | 2023 | -1.28% | -0.091% | View data |
| 2 | 2 Germany | 126,260,000 | 2023 | -0.25% | -1.13% | View data |
| 3 | 3 Italy | 107,720,000 | 2023 | +5.44% | +0.62% | View data |
| 4 | 4 Romania | 94,015,000 | 2023 | +3.49% | +3.89% | View data |
| 5 | 5 Hungary | 60,683,000 | 2023 | +0.82% | +3.56% | View data |
| 6 | 6 Slovakia | 54,852,000 | 2023 | +1.27% | -1.46% | View data |
| 7 | 7 Sweden | 34,029,000 | 2023 | +4.79% | +4.15% | View data |
| 8 | 8 Luxembourg | 20,080,000 | 2023 | -0.4% | -0.45% | View data |
| 9 | 9 Austria | 18,507,000 | 2023 | -5.63% | -2.7% | View data |
| 10 | 10 Poland | 15,999,000 | 2023 | -0.88% | -3.45% | View data |
