In 2023, Italy leads the European Cold Drawing of Wire sector with a 28.22% enterprise share, followed by Spain at 17.7%, and Poland at 16.68%. Germany holds a 12.32% share, with the United Kingdom at 5.64%. Smaller shares come from Czech Republic, Sweden, and Belgium. Notably, France has a relatively low share at 1.03% amid a double-digit decline. Norway showed a significant increase of 14.87%, whereas Greece and Serbia saw significant drops. The sector has varied trends, with some countries experiencing minor growth or stability like the Czech Republic, Netherlands, and Sweden.
Looking forward, the European Cold Drawing of Wire industry may experience continued competitiveness. Key trends include technological advancements, potential shifts in manufacturing locations due to economic or regulatory changes, and growth prospects in emerging economies, particularly in technology integration and sustainable practices.
Top countries in Cold Drawing of Wire Number of Enterprises Share by Country (Units (Enterprises))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 28.22 | 2023 | -5.98% | -5.38% | View data |
| 2 | 2 Spain | 17.7 | 2023 | -2.82% | -2.42% | View data |
| 3 | 3 Poland | 16.68 | 2023 | +1.56% | 0% | View data |
| 4 | 4 Germany | 12.32 | 2023 | -4% | -2.33% | View data |
| 5 | 5 United Kingdom | 5.64 | 2023 | 0% | +0.93% | View data |
| 6 | 6 Czech Republic | 3.85 | 2023 | 0% | +1.74% | View data |
| 7 | 7 Sweden | 3.08 | 2023 | 0% | +5.92% | View data |
| 8 | 8 Belgium | 2.57 | 2023 | 0% | -2.76% | View data |
| 9 | 9 Netherlands | 1.8 | 2023 | 0% | +3.13% | View data |
| 10 | 10 Greece | 1.8 | 2023 | -12.5% | -11.65% | View data |
