In 2023, China dominated the global export of parts and accessories for metal cutting machine tools, representing a significant volume with a notable increase of 2.39%. Germany, South Korea, and Poland followed as leading exporters. Japan, the United States, and several European countries reported a decline in exports, while France and Spain saw surges at 10.17% and 4.83%, respectively. In peripheral markets, Macedonia and Bahrain experienced remarkable growth rates. Conversely, major declines were observed in Russia and South Africa. Over the past five years, the growth trends have generally shown moderate annual increases in key markets.
Future trends to watch include:
- Innovation and the increasing adoption of advanced manufacturing technologies.
- Continued shifts in global manufacturing hubs impacting export figures.
- Potential geopolitical factors that could influence trade relationships and export volumes.
Top countries in Export of Parts, Accessories for Metal Cutting Machine Tools by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 311,810,000 | 2023 | +2.7% | +2.39% | View data |
| 2 | 2 Germany | 39,075,000 | 2023 | +1.6% | +1.88% | View data |
| 3 | 3 South Korea | 23,675,000 | 2023 | +2.14% | +1.06% | View data |
| 4 | 4 Poland | 14,739,000 | 2023 | +2.29% | +1.27% | View data |
| 5 | 5 Thailand | 14,013,000 | 2023 | +1.87% | +2.35% | View data |
| 6 | 6 Japan | 13,475,000 | 2023 | +0.57% | -2.3% | View data |
| 7 | 7 United States | 13,242,000 | 2023 | -0.053% | -4.05% | View data |
| 8 | 8 Italy | 13,104,000 | 2023 | +0.63% | +0.98% | View data |
| 9 | 9 Romania | 11,983,000 | 2023 | +0.055% | -0.7% | View data |
| 10 | 10 Belgium | 9,699,000 | 2023 | +3.91% | +3.48% | View data |
