In 2023, Spain led European exports of stranded wire, ropes, and cables of iron or steel by volume, representing 27.13% of the market, although it experienced a slight decrease. Germany and Italy followed with 15.98% and 13.64%, respectively. Notable growth was seen in Romania, Hungary, Sweden, and Finland with increases ranging from 3.89% to 9.27%. Conversely, significant declines occurred in Belgium, Bulgaria, and Portugal, with the latter dropping entirely from the rankings.
Future trends to watch include:
- Continued growth in emerging markets like Romania and Hungary.
- The impact of technological advancements on production efficiency and export capacity.
- Potential market shifts due to evolving trade policies or economic conditions in Europe.
Top countries in Export of Stranded Wire, Ropes and Cables of Iron or Steel Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 27.13 | 2023 | -1.28% | -0.091% | View data |
| 2 | 2 Germany | 15.98 | 2023 | -0.25% | -1.13% | View data |
| 3 | 3 Italy | 13.64 | 2023 | +5.44% | +0.62% | View data |
| 4 | 4 Romania | 11.9 | 2023 | +3.49% | +3.89% | View data |
| 5 | 5 Hungary | 7.68 | 2023 | +0.82% | +3.56% | View data |
| 6 | 6 Slovakia | 6.94 | 2023 | +1.27% | -1.46% | View data |
| 7 | 7 Sweden | 4.31 | 2023 | +4.79% | +4.15% | View data |
| 8 | 8 Luxembourg | 2.54 | 2023 | -0.4% | -0.45% | View data |
| 9 | 9 Austria | 2.34 | 2023 | -5.63% | -2.7% | View data |
| 10 | 10 Poland | 2.03 | 2023 | -0.88% | -3.45% | View data |
