In 2023, Germany led the European export of iron or steel cold-formed helical coil compression springs with a 39.12% share, experiencing a modest growth of 0.84%. Czechia, Italy, and France followed, with Italy witnessing a notable 14.63% decline, whereas Spain and the Netherlands saw significant growth rates of 27.21% and 44.4%, respectively. Despite the decline in some countries like Italy and Portugal, positive trends were evident in Ireland and Luxembourg, showcasing substantial increases of 43.59% and 35.57% respectively. Countries like Finland and Denmark saw declines of 19.76% and 18.67%.
Future trends suggest continued growth potential in emerging markets like Ireland, Luxembourg, and Spain, driven by technological advancements and increased demand in automotive and industrial sectors. However, geopolitical and economic uncertainties could impact export dynamics, necessitating close monitoring of trade policies and market conditions.
Top countries in Export of Iron or Steel Cold-Formed Helical Coil Compression Springs Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 39.12 | 2023 | +2.21% | +0.84% | View data |
| 2 | 2 Czechia | 15.96 | 2023 | |||
| 3 | 3 Italy | 14.95 | 2023 | +8.89% | -14.63% | View data |
| 4 | 4 France | 8.82 | 2023 | +43.94% | +3.45% | View data |
| 5 | 5 Spain | 6.25 | 2023 | +2.32% | +27.21% | View data |
| 6 | 6 Netherlands | 6.18 | 2023 | -31.2% | +44.4% | View data |
| 7 | 7 Bulgaria | 1.78 | 2023 | +2.85% | +3.47% | View data |
| 8 | 8 Hungary | 1.56 | 2023 | +6.42% | +11.51% | View data |
| 9 | 9 Poland | 1.43 | 2023 | +3.44% | +9.85% | View data |
| 10 | 10 Slovakia | 0.96 | 2023 | +3.71% | +4.17% | View data |
