In 2023, Portugal led European export volumes of stranded wire, cables, plaited bands, slings, and similar products of iron or steel, not electrically insulated, with a marginal year-on-year increase, followed closely by Germany. While Belgium and Romania showed robust growth, Italy and France experienced significant declines. Notably, countries like Finland, Malta, and Estonia showed remarkable increases in their export volumes, although from a smaller base. Conversely, Cyprus experienced a substantial downturn. These year-on-year variations, combined with Portugal's dominant position, highlight diverse shifts across the continent.
Future trends to watch include the increasing global demand for infrastructure development, which may drive improvements in export volumes. Additionally, trade policies and technological advancements in steel production will likely be pivotal factors impacting future growth. Environmental regulations may encourage a shift towards more sustainable manufacturing practices, further influencing export dynamics across European countries.
Top countries in Export of Stranded Wire, Cables, Plaited Bands, Slings and the Like, of Iron or Steel, Not Electrically Insulated by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 105,710,000 | 2023 | +3.26% | +3.32% | View data |
| 2 | 2 Germany | 105,230,000 | 2023 | +2.61% | -0.38% | View data |
| 3 | 3 Romania | 91,377,000 | 2023 | +2.56% | +2.59% | View data |
| 4 | 4 Italy | 81,222,000 | 2023 | -6.51% | -7.88% | View data |
| 5 | 5 Belgium | 79,930,000 | 2023 | +2.09% | +5.13% | View data |
| 6 | 6 Hungary | 60,772,000 | 2023 | +0.82% | +3.56% | View data |
| 7 | 7 Spain | 58,885,000 | 2023 | +7.34% | +2.51% | View data |
| 8 | 8 Slovakia | 55,410,000 | 2023 | +1.17% | -1.63% | View data |
| 9 | 9 Netherlands | 47,077,000 | 2023 | +0.68% | +1.48% | View data |
| 10 | 10 Sweden | 34,923,000 | 2023 | +5.06% | +4.43% | View data |
