The European sold production of cold drawn steel wires in 2023 showed Germany and Italy as the top contributors, although both saw declines with Italy slightly outpacing Germany in reduction. Slovakia, Sweden, Austria, and Hungary experienced notable growth, with Hungary showing the highest increase, reflecting positive changes. Conversely, Belgium and the United Kingdom experienced significant declines.
Key future trends to monitor include the growth trajectories in Central and Eastern European countries such as Slovakia, Hungary, and Bulgaria, along with potential recovery in major players like the United Kingdom and Italy. Market dynamics and economic conditions will heavily influence these variations.
Top countries in Sold Production of Cold Drawn Steel Wires by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,661,500,000 | 2023 | +5.66% | -0.3% | View data |
| 2 | 2 Italy | 1,638,100,000 | 2023 | +7.15% | -2.42% | View data |
| 3 | 3 Czechia | 472,380,000 | 2023 | |||
| 4 | 4 France | 451,240,000 | 2023 | +5.43% | -1.65% | View data |
| 5 | 5 Spain | 355,980,000 | 2023 | +5.43% | -0.075% | View data |
| 6 | 6 Slovakia | 322,620,000 | 2023 | +5.82% | +3.93% | View data |
| 7 | 7 Sweden | 232,480,000 | 2023 | +4.26% | +6.34% | View data |
| 8 | 8 Poland | 166,720,000 | 2023 | +2.27% | +1.2% | View data |
| 9 | 9 Belgium | 161,430,000 | 2023 | +21.69% | -4.12% | View data |
| 10 | 10 United Kingdom | 100,600,000 | 2023 | -7.92% | -9.18% | View data |
