In 2023, Germany dominated European exports of iron or steel cold-formed helical springs, holding a leading share, slightly increasing by 2.76%. Italy followed closely but saw a notable decline of 11.66%. Spain experienced significant growth with a 27.91% increase. Poland and Hungary also showed modest positive trends. Finland, Croatia, and Estonia displayed significant positive fluctuations, while Belgium and France experienced considerable declines. France noted a marked reduction with a complete withdrawal from export activities.
Future trends to watch include potential growth in minor players like Croatia and Estonia due to their recent positive growth rates, which could reshape the competitive landscape in the European market for iron or steel cold-formed helical springs.
Top countries in Export of Iron or Steel Cold-Formed Helical Springs Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 25.95 | 2023 | -5.2% | +2.76% | View data |
| 2 | 2 Italy | 24.15 | 2023 | +17.84% | -11.66% | View data |
| 3 | 3 Spain | 21.95 | 2023 | +7.31% | +27.91% | View data |
| 4 | 4 Poland | 9.43 | 2023 | +3.29% | +3.78% | View data |
| 5 | 5 Hungary | 6.84 | 2023 | +3.94% | +2.61% | View data |
| 6 | 6 Netherlands | 4.14 | 2023 | +8.94% | +3.06% | View data |
| 7 | 7 Sweden | 3.39 | 2023 | +6.79% | -3.58% | View data |
| 8 | 8 Croatia | 0.81 | 2023 | +3.94% | +4.39% | View data |
| 9 | 9 Czechia | 0.77 | 2023 | |||
| 10 | 10 Lithuania | 0.6 | 2023 | +4.81% | +16.71% | View data |