In 2023, Germany, France, and Italy were the top European importers of iron or non-alloy steel wire containing 0.25% - 0.6% of carbon, utilizing significant import volumes. Germany and Italy experienced declines of 5.69% and 0.061% respectively, while France saw a slight increase of 0.17%. United Kingdom and Spain noted substantial growth at 4.87% and 5.62%, respectively. Noteworthy was Belgium's 12.75% increase and the substantial rise in Luxembourg's imports by 82.18%. Conversely, the Netherlands saw a sharp decline of 58.67%, and Latvia faced a 17.01% reduction.
Future trends to watch for include potential economic recovery in still weak import markets, technological advancements in steel production, and shifts in manufacturing demand that might alter import dynamics. Brexit-induced supply changes and geopolitical disruptions could also play a role in shaping trade flows within Europe. Observing the movements and policies within the European Union regarding tariffs and carbon regulations will provide additional insights.
Top countries in Import of Iron or Non-Alloy Steel Wire Containing 0,25% - 0,6% of Carbon Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 12.96 | 2023 | +5.03% | -5.69% | View data |
| 2 | 2 France | 12.19 | 2023 | -0.65% | +0.17% | View data |
| 3 | 3 Italy | 10.66 | 2023 | +6.53% | -0.061% | View data |
| 4 | 4 Poland | 9.92 | 2023 | +2.22% | +2.99% | View data |
| 5 | 5 United Kingdom | 8.62 | 2023 | +2.66% | +4.87% | View data |
| 6 | 6 Denmark | 8.27 | 2023 | -5.3% | -1.55% | View data |
| 7 | 7 Finland | 6.81 | 2023 | +1.09% | -0.79% | View data |
| 8 | 8 Spain | 6.04 | 2023 | +0.092% | +5.62% | View data |
| 9 | 9 Belgium | 3.7 | 2023 | +3.54% | +12.75% | View data |
| 10 | 10 Romania | 3.28 | 2023 | +1.4% | +1.35% | View data |
