The European sold production of iron or non-alloy steel wire containing less than 0.25% of carbon is led by Italy, contributing significantly with a share of 35.5%. Germany follows with 21.51%, while France and Spain trail at 8.54% and 6.82% respectively. All data are expressed in euros, and these figures stand as actual values for 2023, with 2024 being forecasted. Over the last year, Poland, Portugal, Netherlands, and Bulgaria showed growth, whereas declines were observed in the United Kingdom, Sweden, and Romania.
Future trends to watch include:
- Potential growth in Eastern European markets influenced by Bulgaria and Poland's positive trend, which could indicate increased regional production capacity.
- The impact of technological advancements and sustainability trends on manufacturing practices and demand.
- Economic factors influencing trade relationships that could affect export/import, particularly for top producers like Italy and Germany.
Top countries in Sold Production of Iron or Non-Alloy Steel Wire Containing Less than 0,25% of Carbon Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 35.5 | 2023 | +7.96% | -0.18% | View data |
| 2 | 2 Germany | 21.51 | 2023 | +4.98% | -1.25% | View data |
| 3 | 3 France | 8.54 | 2023 | +2.96% | -0.84% | View data |
| 4 | 4 Spain | 6.82 | 2023 | +7.5% | +0.71% | View data |
| 5 | 5 Czechia | 6.55 | 2023 | |||
| 6 | 6 Belgium | 6.23 | 2023 | -0.47% | -0.98% | View data |
| 7 | 7 Poland | 5.51 | 2023 | +2.41% | +1.34% | View data |
| 8 | 8 Netherlands | 2.16 | 2023 | +3.46% | +1.59% | View data |
| 9 | 9 Portugal | 1.74 | 2023 | +3.81% | +9.54% | View data |
| 10 | 10 Slovakia | 1.56 | 2023 | -1.48% | -3.17% | View data |
