In 2023, Germany led the European export of iron or steel hot-worked helical springs with a significant share, although it experienced a notable decline of 16.62% from the previous year. Sweden and Poland retained their positions with minor variations, while the UK showed a slight increase. France maintained a stable share. Finland and Hungary were standout performers with substantial growth. In contrast, Romania saw a significant decrease.
For future trends, watch for:
- Potential recovery in Germany's export performance.
- Continued growth in Finland and Hungary driven by increasing manufacturers' capacity and demand.
- The impact of economic policies and industrial advancements on smaller markets like Slovakia and Luxembourg, which have shown remarkable growth despite smaller base volumes.
Top countries in Export of Iron or Steel Hot-Worked Helical Springs Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 29.45 | 2023 | -3.46% | -16.62% | View data |
| 2 | 2 Sweden | 17.31 | 2023 | +8.62% | -0.5% | View data |
| 3 | 3 Poland | 11.68 | 2023 | +4.17% | +2.88% | View data |
| 4 | 4 United Kingdom | 11.57 | 2023 | +1.32% | +3.28% | View data |
| 5 | 5 Czechia | 8.53 | 2023 | |||
| 6 | 6 France | 7.12 | 2023 | View data | ||
| 7 | 7 Denmark | 4.62 | 2023 | +2.26% | -2.37% | View data |
| 8 | 8 Portugal | 4.17 | 2023 | +5.11% | +0.82% | View data |
| 9 | 9 Finland | 3.15 | 2023 | +13.77% | +30.54% | View data |
| 10 | 10 Spain | 1.64 | 2022 | -100% | -100% | View data |
