In 2023, Germany leads imports of iron or non-alloy steel wire containing 0.25% - 0.6% carbon with 13.923 million kg, showing a year-on-year decline of 5.69%. France follows at 13.095 million kg with a slight increase of 0.17%. Italy, Poland, and the UK are significant players, with the UK marking a notable increase of 4.87%. Luxembourg experienced the highest growth at 82.18%, albeit from a smaller base. Conversely, the Netherlands saw a dramatic decrease of 58.67%, and Austria and Bulgaria also witnessed declines over 7%.
Future trends to watch include continued growth in sustainability-driven innovation and value chain enhancements. Demand for high-strength wire in automotive and construction remains strong, though dependent on EU economic conditions and regulatory developments. Monitoring the transition towards greener steel production processes and geopolitical impacts on supply chains will be crucial for stakeholders in the steel import market. Additionally, technological advancements in wire production could reshape country-specific import dynamics over the long term.
Top countries in Import of Iron or Non-Alloy Steel Wire Containing 0,25% - 0,6% of Carbon by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 13,923,000 | 2023 | +5.03% | -5.69% | View data |
| 2 | 2 France | 13,095,000 | 2023 | -0.65% | +0.17% | View data |
| 3 | 3 Italy | 11,445,000 | 2023 | +6.53% | -0.061% | View data |
| 4 | 4 Poland | 10,654,000 | 2023 | +2.22% | +2.99% | View data |
| 5 | 5 United Kingdom | 9,261,100 | 2023 | +2.66% | +4.87% | View data |
| 6 | 6 Denmark | 8,878,200 | 2023 | -5.3% | -1.55% | View data |
| 7 | 7 Finland | 7,314,200 | 2023 | +1.09% | -0.79% | View data |
| 8 | 8 Spain | 6,488,900 | 2023 | +0.092% | +5.62% | View data |
| 9 | 9 Belgium | 3,969,100 | 2023 | +3.54% | +12.75% | View data |
| 10 | 10 Romania | 3,524,500 | 2023 | +1.4% | +1.35% | View data |