In 2023, Italy led the European production of iron or steel threaded fasteners with 914.34 million kilograms, reflecting a 9.77% increase year-on-year. Germany ranked second with 666.1 million kilograms, experiencing a 1.8% growth. France and Spain followed with 135.37 and 119.85 million kilograms, respectively, showing modest growths of 2.31% and 0.0059%. Noteworthy improvements include Belgium's 162.1% increase and Slovakia's 12.06% rise. Conversely, Romania, Hungary, and Estonia suffered steep declines of -36.53%, -28.98%, and -19.11% respectively.
Looking ahead, watch for technological advancements and sustainability initiatives influencing production. Environmental regulations and emerging markets may drive growth, while geopolitical factors and supply chain disruptions could pose risks.
Top countries in Sold Production of Iron or Steel Threaded Fasteners by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 914,340,000 | 2023 | +1.79% | +9.77% | View data |
| 2 | 2 Germany | 666,100,000 | 2023 | +4.77% | +1.8% | View data |
| 3 | 3 France | 135,370,000 | 2023 | +11.18% | +2.31% | View data |
| 4 | 4 Spain | 119,850,000 | 2023 | +5.27% | +0.0059% | View data |
| 5 | 5 Poland | 107,500,000 | 2023 | +0.89% | -0.58% | View data |
| 6 | 6 Portugal | 27,936,000 | 2023 | +14.71% | +0.53% | View data |
| 7 | 7 United Kingdom | 27,876,000 | 2023 | -6.92% | -6.04% | View data |
| 8 | 8 Czechia | 24,300,000 | 2023 | |||
| 9 | 9 Croatia | 15,630,000 | 2023 | +2.49% | +0.76% | View data |
| 10 | 10 Denmark | 15,252,000 | 2023 | +0.93% | +5.95% | View data |
