In 2023, Italy led the European sold production for iron or non-alloy steel wire with less than 0.25% carbon at €1.081 billion, followed by Germany at €0.655 billion and France at €0.260 billion. Year-on-year variations showed declines in most countries, notably Germany (-1.25%) and the United Kingdom (-5.88%). However, Spain and Portugal displayed growth at 0.71% and 9.54%, respectively. Over the past five years, several countries experience varied CAGR, indicating differing market dynamics.
Future trends to watch include potential shifts in production due to technological advancements and sustainability demands. Growth in Eastern European countries may impact overall market dynamics, alongside evolving trade policies within the EU and global market changes.
Top countries in Sold Production of Iron or Non-Alloy Steel Wire Containing Less than 0,25% of Carbon by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 1,081,100,000 | 2023 | +7.96% | -0.18% | View data |
| 2 | 2 Germany | 655,120,000 | 2023 | +4.98% | -1.25% | View data |
| 3 | 3 France | 260,040,000 | 2023 | +2.96% | -0.84% | View data |
| 4 | 4 Spain | 207,810,000 | 2023 | +7.5% | +0.71% | View data |
| 5 | 5 Czechia | 199,590,000 | 2023 | |||
| 6 | 6 Belgium | 189,650,000 | 2023 | -0.47% | -0.98% | View data |
| 7 | 7 Poland | 167,850,000 | 2023 | +2.41% | +1.34% | View data |
| 8 | 8 Netherlands | 65,741,000 | 2023 | +3.46% | +1.59% | View data |
| 9 | 9 Portugal | 52,989,000 | 2023 | +3.81% | +9.54% | View data |
| 10 | 10 Slovakia | 47,455,000 | 2023 | -1.48% | -3.17% | View data |
