Japan and Italy lead the global export of casting machines, with significant year-on-year growth noted for Italy at 1.95%, while Japan's growth remained steady at 0.12%. China and Germany, although significant contributors, showed contrasting trends, with China experiencing a growth of 1.73% and Germany facing a decline of 2.65%. Slovenia's export shows remarkable growth at 46.22%, indicating rapidly increasing export capabilities. In contrast, countries like the UK, France, and Spain faced double-digit declines, suggesting challenges or shifts in market dynamics.
Future trends suggest increased diversification as emerging exporters like Slovenia and Poland strengthen their positions. Monitoring geopolitical factors, technological advancements, and sustainability practices will be crucial as these elements influence future export dynamics in the casting machines market.
Top countries in Export of Casting Machines Used in Metallurgy, Foundries by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 20,131,000 | 2023 | -0.31% | +0.12% | View data |
| 2 | 2 Italy | 18,402,000 | 2023 | +1.54% | +1.95% | View data |
| 3 | 3 China | 5,911,100 | 2023 | +0.12% | +1.73% | View data |
| 4 | 4 Germany | 4,004,800 | 2023 | -1.89% | -2.65% | View data |
| 5 | 5 Switzerland | 3,862,000 | 2023 | +2.15% | +1.86% | View data |
| 6 | 6 South Korea | 3,193,300 | 2023 | +2.05% | -0.3% | View data |
| 7 | 7 Slovenia | 2,883,400 | 2023 | +4.62% | +46.22% | View data |
| 8 | 8 Singapore | 1,109,400 | 2023 | +5.59% | +1.9% | View data |
| 9 | 9 Austria | 1,007,100 | 2023 | +2.87% | +0.22% | View data |
| 10 | 10 Thailand | 709,920 | 2023 | +3.35% | +8.25% | View data |
