In 2023, Germany led European imports of base metal mountings and fittings suitable for motor vehicles, accounting for a substantial share with 61.595 million kilograms. Czechia, Romania, and Hungary followed, with volumes of 48.93, 48.577, and 41.76 million kilograms, respectively. Year-on-year, notable growth was seen in Portugal (+21.73%), Croatia (+12.4%), and Estonia (+34.56%). In contrast, significant declines were observed in Greece (-28.92%), Luxembourg (-10.16%), and Slovakia (-7.33%). Over the past five years, the compound annual growth rates suggest stability in major markets, with shifts influenced by smaller or emerging economies.
Future trends to monitor include technological advancements in vehicle production, evolving trade agreements, and potential shifts in supply chains within Europe. Additionally, attention should be paid to the impact of environmental regulations on the automotive industry and their influence on the demand for specific metal fittings and mountings. Such developments might alter the landscape of imports and competition within the market.
Top countries in Import of Base Metal Mountings, Fittings Suitable for Motor Vehicles by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 61,595,000 | 2023 | +6.69% | +0.33% | View data |
| 2 | 2 Czechia | 48,930,000 | 2023 | |||
| 3 | 3 Romania | 48,577,000 | 2023 | +4.74% | +1.29% | View data |
| 4 | 4 Hungary | 41,760,000 | 2023 | +2.39% | +3.47% | View data |
| 5 | 5 Spain | 40,562,000 | 2023 | +7.96% | +2% | View data |
| 6 | 6 Belgium | 31,157,000 | 2023 | +19.63% | -1.56% | View data |
| 7 | 7 United Kingdom | 26,022,000 | 2023 | +0.65% | -1.53% | View data |
| 8 | 8 France | 24,850,000 | 2023 | +1.56% | -5.46% | View data |
| 9 | 9 Poland | 21,986,000 | 2023 | +2.8% | +1.59% | View data |
| 10 | 10 Sweden | 14,809,000 | 2023 | +3.24% | +1.28% | View data |
