In 2023, Italy led European exports of base metal cored wire for electric arc-welding, despite a 2.3% decline, with Poland showing growth at 1.97%. Significant gains were noted in Austria and Finland, with 19.36% and 48.32% respectively. Estonia experienced the largest surge of 91.52%. Conversely, Germany witnessed a significant drop of 28.43%, impacting its export standing. Other notable decreases include Belgium at 10.84% and the United Kingdom at 14.11%.
Future trends to watch include:
- Continued growth in emerging markets like Finland and Estonia.
- Potential recovery or further decline in traditional powerhouses like Germany.
- Impact of global economic conditions on industrial demand across Europe.
- Technological advancements driving export growth in certain countries.
Top countries in Export of Base Metal Cored Wire for Electric Arc-Welding by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 16,006,000 | 2023 | +4.91% | -2.3% | View data |
| 2 | 2 Poland | 15,541,000 | 2023 | +1.25% | +1.97% | View data |
| 3 | 3 Netherlands | 11,229,000 | 2023 | +0.7% | -1.15% | View data |
| 4 | 4 Czechia | 10,801,000 | 2023 | |||
| 5 | 5 Austria | 7,084,000 | 2023 | +18.09% | +19.36% | View data |
| 6 | 6 Romania | 4,302,400 | 2023 | +1.7% | +1.73% | View data |
| 7 | 7 Germany | 3,721,300 | 2023 | -23.63% | -28.43% | View data |
| 8 | 8 Sweden | 3,135,700 | 2023 | -0.36% | +0.35% | View data |
| 9 | 9 France | 2,776,600 | 2023 | +1.53% | -0.81% | View data |
| 10 | 10 Slovenia | 2,185,900 | 2023 | +5.42% | +2.44% | View data |
