In 2023, Italy and Germany lead the European market for iron or steel threaded fasteners, contributing 42.47% and 30.94% of the share by kilograms, respectively. France, Spain, and Poland follow, with shares of 6.29%, 5.57%, and 4.99%. Notable year-on-year changes include substantial gains in Belgium (162.1%) and Sweden (13.48%), contrasting declines in Hungary (-28.98%) and Romania (-36.53%). The five-year CAGR indicates gradual shifts in production shares, with economic and manufacturing factors influencing country-specific growth rates.
Future trends to watch include:
- Technological advancements in manufacturing that may alter production efficiencies.
- Potential shifts in supply chains and trade agreements influenced by geopolitical factors.
- Countries with growing production shares like Belgium may continue their upward trend.
- The impact of sustainability initiatives on production methods and materials used.
Top countries in Sold Production of Iron or Steel Threaded Fasteners Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 42.47 | 2023 | +1.79% | +9.77% | View data |
| 2 | 2 Germany | 30.94 | 2023 | +4.77% | +1.8% | View data |
| 3 | 3 France | 6.29 | 2023 | +11.18% | +2.31% | View data |
| 4 | 4 Spain | 5.57 | 2023 | +5.27% | +0.0059% | View data |
| 5 | 5 Poland | 4.99 | 2023 | +0.89% | -0.58% | View data |
| 6 | 6 Portugal | 1.3 | 2023 | +14.71% | +0.53% | View data |
| 7 | 7 United Kingdom | 1.29 | 2023 | -6.92% | -6.04% | View data |
| 8 | 8 Czechia | 1.13 | 2023 | |||
| 9 | 9 Croatia | 0.73 | 2023 | +2.49% | +0.76% | View data |
| 10 | 10 Denmark | 0.71 | 2023 | +0.93% | +5.95% | View data |
