In 2023, Germany led European imports of low-carbon iron or non-alloy steel wire, despite a slight decrease of 2.02%. France and Poland saw moderate growths of 3.15% and 2.01%, respectively. The Netherlands demonstrated stability, while Austria and the United Kingdom experienced declines. Slovakia's import increased strongly at 11.18%, with a similar trend in Estonia and Croatia, at 14.31% and 12.12%, respectively. Notably, Malta's imports surged by 74.26%. In contrast, Italy faced a significant drop of 9.67%, with Finland experiencing the steepest decline at 18.74%.
Future trends to watch include:
- The potential for recovery in declining markets such as Italy and Finland, contingent on economic reforms and industrial growth.
- The sustainability of rapid growth in emerging markets like Malta, influenced by domestic production and consumption rates.
- The impact of geopolitical and economic factors, such as EU trade policies and global steel prices, on overall import demand.
- Technological advancements and shifts towards sustainable materials which might alter import dynamics.
Top countries in Import of Iron or Non-Alloy Steel Wire Containing Less than 0,25% of Carbon by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 368,790,000 | 2023 | -0.097% | -2.02% | View data |
| 2 | 2 France | 282,750,000 | 2023 | +1% | +3.15% | View data |
| 3 | 3 Poland | 274,270,000 | 2023 | +2.63% | +2.01% | View data |
| 4 | 4 Netherlands | 135,600,000 | 2023 | +6.25% | +1.63% | View data |
| 5 | 5 Austria | 125,090,000 | 2023 | +1.29% | -1.51% | View data |
| 6 | 6 Czechia | 109,850,000 | 2023 | |||
| 7 | 7 Spain | 92,728,000 | 2023 | +12.1% | +3.47% | View data |
| 8 | 8 Italy | 85,638,000 | 2023 | +3.62% | -9.67% | View data |
| 9 | 9 Slovakia | 83,369,000 | 2023 | +4.13% | +11.18% | View data |
| 10 | 10 United Kingdom | 82,876,000 | 2023 | -0.12% | -3.87% | View data |
