In 2023, China dominated the global export of auxiliary plants for steam or vapour generating boilers, despite experiencing a slight decline of 0.62%. Italy and the UK also saw exports decrease by 0.97% and 1.59%, respectively. In contrast, South Korea showed significant growth at 15.97%, while countries like the Czech Republic and Malaysia experienced boosts of 12.77% and 28.21%. Germany, Canada, and the Netherlands had moderate gains.
Future trends to watch include the potential for Asian markets to continue expanding their export capabilities, driven by technological advancements and increased demand in developing regions. However, geopolitical tensions and environmental regulations may challenge growth in some markets.
Top countries in Export of Auxiliary Plant for Steam or Vapour Generating Boilers by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 303,690,000 | 2023 | -0.4% | -0.62% | View data |
| 2 | 2 Italy | 75,033,000 | 2023 | -0.28% | -0.97% | View data |
| 3 | 3 Germany | 38,074,000 | 2023 | -1.01% | +0.96% | View data |
| 4 | 4 South Korea | 37,457,000 | 2023 | -2.87% | +15.97% | View data |
| 5 | 5 Netherlands | 27,118,000 | 2023 | +3.09% | +4.99% | View data |
| 6 | 6 Canada | 23,215,000 | 2023 | +2.13% | +3.02% | View data |
| 7 | 7 India | 21,411,000 | 2023 | +4.19% | +1.89% | View data |
| 8 | 8 United Kingdom | 21,407,000 | 2023 | -1.85% | -1.59% | View data |
| 9 | 9 United States | 20,409,000 | 2023 | -9.26% | +0.095% | View data |
| 10 | 10 Japan | 16,253,000 | 2023 | -5.86% | -1.5% | View data |
