In 2023, Germany led European imports of iron or steel screw hooks and rings, although its volume slightly declined by 0.8%. The Netherlands and Italy experienced modest increases, boosting their volumes by 0.33% and 0.22%, respectively. Notably, the UK recorded a 6.24% increase, reflecting robust demand. Spain and Hungary showed significant growth, with 7.52% and 8.01% increases, while Latvia and Estonia saw extraordinary gains of 26.65% and 25.69%, respectively. Conversely, France, Austria, and Cyprus experienced downturns, with Austria seeing the steepest decline at 5.76%.
Future trends to watch include:
- Potential shifts in demand influenced by economic recovery and infrastructure developments.
- Impact of evolving environmental regulations on steel import practices.
- The role of digital and technological innovations in supply chain optimization.
- Geopolitical factors influencing trade dynamics and supply routes in Europe.
Top countries in Import of Iron or Steel Screw Hooks and Screw Rings by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 9,051,200 | 2023 | +3.64% | -0.8% | View data |
| 2 | 2 Netherlands | 3,739,700 | 2023 | +10.75% | +0.33% | View data |
| 3 | 3 Italy | 3,135,200 | 2023 | +9.84% | +0.22% | View data |
| 4 | 4 France | 2,244,400 | 2023 | +5.26% | -3.04% | View data |
| 5 | 5 Poland | 2,089,000 | 2023 | +2.1% | +1.05% | View data |
| 6 | 6 United Kingdom | 1,993,500 | 2023 | +3.78% | +6.24% | View data |
| 7 | 7 Belgium | 1,430,300 | 2023 | +3.82% | +2.14% | View data |
| 8 | 8 Czechia | 1,396,200 | 2023 | |||
| 9 | 9 Spain | 1,368,500 | 2023 | +17.87% | +7.52% | View data |
| 10 | 10 Austria | 864,970 | 2023 | +1.11% | -5.76% | View data |
