In 2023, Germany led European exports of finished products of iron and steel wire, snares, and traps, with 204.95 million kilograms. Italy and Czechia followed with 132.99 and 115.71 million kilograms respectively. While Luxembourg experienced impressive growth over 200%, significant declines occurred in the UK (-100%) and Denmark (-26%). Notable growth was seen in smaller markets like Estonia (32%) and Ireland (nearly 40%). Meanwhile, traditional exporters like Sweden and Greece saw reductions of over 4% and 6% respectively. The aggregated five-year CAGR showed a varied landscape, underscoring volatility and potential in smaller markets.
Looking ahead, digitalization and green steel production trends may significantly impact European exports. Countries adopting advanced manufacturing technologies and sustainable methods could gain a competitive edge. Monitoring EU policy changes around green energy and potential economic disruptions are vital, as these could alter trade dynamics profoundly.
Top countries in Export of Finished Products of Iron and Steel Wire, Snares, Traps by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 204,950,000 | 2023 | +1.66% | -0.13% | View data |
| 2 | 2 Italy | 132,990,000 | 2023 | +11.83% | -10.68% | View data |
| 3 | 3 Czechia | 115,710,000 | 2023 | |||
| 4 | 4 Greece | 96,124,000 | 2023 | +4.49% | -6.6% | View data |
| 5 | 5 Poland | 76,407,000 | 2023 | +1.56% | +0.038% | View data |
| 6 | 6 Netherlands | 65,277,000 | 2023 | +9.35% | -8.55% | View data |
| 7 | 7 Croatia | 46,489,000 | 2023 | +4.53% | +4.72% | View data |
| 8 | 8 Luxembourg | 30,823,000 | 2023 | +0.4% | +213.06% | View data |
| 9 | 9 Spain | 23,628,000 | 2023 | +3.09% | +14.41% | View data |
| 10 | 10 Slovakia | 13,846,000 | 2023 | -0.59% | +1.42% | View data |
