In 2023, Germany, Italy, and Poland dominated the European export market of iron or steel springs, contributing the largest shares at 43.41%, 36.04%, and 10.19%, respectively. Germany saw a decline of 3.96% compared to the previous year, while Italy experienced a significant growth of 29.11%. Poland had a modest increase of 6.16%. The United Kingdom, however, faced a complete cessation of exports, along with Greece and Portugal. Ireland registered the most substantial growth rate of 132.82%. Over a five-year period, variations indicate a dynamic export landscape with significant year-on-year shifts.
Looking ahead, expect fluctuating trends in the European export of iron or steel springs sector. Key areas to monitor include Italy's continued robust growth, Germany's market adjustment strategies, and potential market re-entries by the United Kingdom, Greece, and Portugal. Additionally, emerging players like Ireland could further increase their market presence, impacting the overall export share distribution in Europe.
Top countries in Export of Iron or Steel Springs Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 43.41 | 2023 | +3.21% | -3.96% | View data |
| 2 | 2 Italy | 36.04 | 2023 | +71.19% | +29.11% | View data |
| 3 | 3 Poland | 10.19 | 2023 | +4.2% | +6.16% | View data |
| 4 | 4 France | 7.9 | 2023 | +0.6% | +1.21% | View data |
| 5 | 5 Czechia | 3.56 | 2023 | |||
| 6 | 6 Netherlands | 1.7 | 2023 | -32.9% | View data | |
| 7 | 7 Slovakia | 1.64 | 2023 | +4.34% | +1.73% | View data |
| 8 | 8 United Kingdom | 1.58 | 2023 | -23.93% | View data | |
| 9 | 9 Hungary | 0.87 | 2023 | +5.66% | +11.54% | View data |
| 10 | 10 Spain | 0.67 | 2023 | +6.67% | -13.63% | View data |
