In 2023, Spain led European exports of coated rods and cored wire for soldering, brazing, or welding by flame in kilograms, capturing the highest market share followed by Germany and Poland. While Spain showed a modest year-on-year growth of 2.4%, Germany's growth rate wasn't specified, and Poland managed a 2.32% increase. Notably, Bulgaria and Greece exhibited substantial increases in exports at 36.16% and 23.34%, respectively. In contrast, countries like France and Ireland experienced significant declines of 14.26% and 14.85%, respectively. Over the last 5 years, the compound annual growth rate (CAGR) varied significantly among countries, reflecting differing market dynamics and economic conditions.
Future trends to monitor include potential fluctuations driven by geopolitical events and economic policies within the EU. Increasing sustainability standards may influence production and material sourcing strategies. Additionally, technological innovations in welding and brazing techniques could redefine product demands, impacting specific countries differently depending on their industrial capabilities and adaptability to change.
Top countries in Export of Coated Rods and Cored Wire of Base Metal for Soldering, Brazing or Welding by Flame Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 56.84 | 2023 | -0.069% | +2.4% | View data |
| 2 | 2 Germany | 14.54 | 2022 | -7.1% | -2.1% | View data |
| 3 | 3 Poland | 4.04 | 2023 | +4.67% | +2.32% | View data |
| 4 | 4 Hungary | 3.2 | 2023 | -7.61% | +0.36% | View data |
| 5 | 5 Belgium | 3.11 | 2023 | +21.07% | -2.27% | View data |
| 6 | 6 Estonia | 3 | 2023 | +2.13% | -2.28% | View data |
| 7 | 7 France | 2.56 | 2023 | +19.71% | -14.26% | View data |
| 8 | 8 Netherlands | 1.91 | 2023 | +0.57% | +8.79% | View data |
| 9 | 9 Ireland | 0.88 | 2023 | -5.23% | -14.85% | View data |
| 10 | 10 Czechia | 0.75 | 2022 |
