In 2023, Italy dominated the European export market for ferrite cores of transformers and inductors, significantly outperforming other countries in volume, with 81.692 million kilograms. Poland and Sweden followed, although both experienced declines in export volume by year-end 2023, with Sweden seeing a notable drop of 21.8%. Other countries like Germany and Austria also saw decreases, while Belgium emerged with the most substantial positive growth at 37.64%. France and Denmark registered complete cessation in exports, with a 100% decline. The compound annual growth rate over the last five years highlights fluctuating performances across Europe.
Future trends to watch include Italy's continued leadership amidst varying contributions from other countries, with potential recovery expected in nations that saw declines. The European market may see shifts as technological advancements and economic factors influence production and export capabilities. Monitoring Belgium's growth trajectory and renewed contributions from Romania could reshape the competitive landscape in the coming years.
Top countries in Export of Ferrite Cores of Transformers and Inductors by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 81,692,000 | 2023 | +8.29% | +3.77% | View data |
| 2 | 2 Czechia | 3,934,900 | 2023 | |||
| 3 | 3 Poland | 3,339,000 | 2023 | -1.5% | -3.98% | View data |
| 4 | 4 Sweden | 2,159,500 | 2023 | +0.89% | -21.8% | View data |
| 5 | 5 Spain | 1,301,400 | 2022 | -100% | -100% | View data |
| 6 | 6 Germany | 1,226,900 | 2023 | -5.4% | -6.9% | View data |
| 7 | 7 Slovenia | 823,010 | 2023 | +3.46% | +1.41% | View data |
| 8 | 8 Romania | 772,570 | 2023 | +6.25% | +10.02% | View data |
| 9 | 9 Belgium | 510,730 | 2023 | +4.95% | +37.64% | View data |
| 10 | 10 United Kingdom | 422,610 | 2023 | -1.25% | +5.51% | View data |
