As of 2024, Germany leads European exports of iron or steel cold-formed helical springs at 25.108 million kilograms, with a recent growth of 2.76%. Italy and Spain follow, despite Italy experiencing an 11.66% decline, contrasting Spain's robust 27.91% increase. Poland and Hungary continue moderate growth, 3.78% and 2.61% respectively. Notably, France recorded a dramatic 100% drop. Over five years, varying annual trends reveal Lithuania and Finland as rapidly expanding exporters, indicating emerging competitiveness. Conversely, Latvia and Belgium show notable contractions, suggesting potential market challenges.
Future trends to watch include potential growth in emerging markets like Lithuania and Ireland, and the critical examination of Italy's competitive position. Continued monitoring of economic factors and regulatory changes will be essential to anticipate future shifts in European spring exports.
Top countries in Export of Iron or Steel Cold-Formed Helical Springs by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 25,108,000 | 2023 | -5.2% | +2.76% | View data |
| 2 | 2 Italy | 23,373,000 | 2023 | +17.84% | -11.66% | View data |
| 3 | 3 Spain | 21,241,000 | 2023 | +7.31% | +27.91% | View data |
| 4 | 4 Poland | 9,123,600 | 2023 | +3.29% | +3.78% | View data |
| 5 | 5 Hungary | 6,616,500 | 2023 | +3.94% | +2.61% | View data |
| 6 | 6 Netherlands | 4,006,100 | 2023 | +8.94% | +3.06% | View data |
| 7 | 7 Sweden | 3,280,000 | 2023 | +6.79% | -3.58% | View data |
| 8 | 8 Croatia | 779,390 | 2023 | +3.94% | +4.39% | View data |
| 9 | 9 Czechia | 744,390 | 2023 | |||
| 10 | 10 Lithuania | 580,540 | 2023 | +4.81% | +16.71% | View data |