In 2023, Italy emerged as the dominant exporter of iron or steel reels for cables, piping, and the like within Europe, with substantial growth of 36.43%, indicating strong demand or strategic market positioning. Germany and Poland followed, with Poland showing notable growth of 7.86%. Luxembourg, Netherlands, and Sweden are noteworthy for double-digit growth, particularly Luxembourg at 10.29%. In contrast, France and the United Kingdom experienced a full 100% decline, demonstrating the most substantial decreases across Europe. Other countries like Belgium, Lithuania, and Finland also saw declines in their export volumes.
Future trends to watch include:
- The impact of geopolitical factors and environmental regulations on production and export strategies, particularly in larger exporting countries like Italy and Germany.
- Technological advancements and innovation in material technologies that might influence supply chains and production efficiencies.
- The competitiveness within Eastern European markets and how digitization in manufacturing affects these economies.
- Evolving demand patterns in emerging markets and their effect on European exports.
Top countries in Export of Iron or Steel Reels for Cables, Piping and the Like by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 28,360,000 | 2023 | +7.87% | +36.43% | View data |
| 2 | 2 Germany | 10,022,000 | 2023 | +3.51% | +1.22% | View data |
| 3 | 3 Poland | 9,254,800 | 2023 | +3.4% | +7.86% | View data |
| 4 | 4 Slovakia | 8,080,700 | 2023 | +0.71% | +2.56% | View data |
| 5 | 5 Luxembourg | 8,055,300 | 2023 | +40.36% | +10.29% | View data |
| 6 | 6 Hungary | 7,705,800 | 2023 | +1.34% | +0.039% | View data |
| 7 | 7 Spain | 6,919,400 | 2023 | +3.53% | +1.44% | View data |
| 8 | 8 Czechia | 6,631,200 | 2023 | |||
| 9 | 9 Slovenia | 3,335,300 | 2023 | +5.59% | +7.59% | View data |
| 10 | 10 Belgium | 2,625,900 | 2023 | +6.57% | -4.01% | View data |
