In 2023, the global export of parts of equipment for metallurgy and foundries was led by China with a dominant share. Notably, Canada and Spain saw increases in exports, while Germany and Switzerland experienced declines. Over a five-year period, the compound annual growth rate (CAGR) for this sector indicates a varied trend with countries like Portugal and Greece experiencing significant growth, whereas others such as Austria and Brazil faced decline. The data suggests shifts in production capabilities and demand influences across different regions.
Future trends to watch include the impact of technological advancements on manufacturing efficiency, shifts in international trade policies, and emerging markets' demand, which may significantly influence global export dynamics in this sector.
Top countries in Export of Parts of Equipment for Metallurgy, Foundries by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 401,080,000 | 2023 | +1.4% | -0.42% | View data |
| 2 | 2 Germany | 177,740,000 | 2023 | -0.85% | -0.57% | View data |
| 3 | 3 Italy | 163,290,000 | 2023 | -1.4% | -1.49% | View data |
| 4 | 4 United States | 125,890,000 | 2023 | -0.49% | -1.43% | View data |
| 5 | 5 Canada | 110,720,000 | 2023 | +1.48% | +2.25% | View data |
| 6 | 6 Japan | 90,208,000 | 2023 | +1.47% | +0.48% | View data |
| 7 | 7 Switzerland | 55,286,000 | 2023 | -2.4% | -2.21% | View data |
| 8 | 8 Spain | 45,186,000 | 2023 | +3.27% | +2.08% | View data |
| 9 | 9 India | 33,543,000 | 2023 | +2.98% | -1.01% | View data |
| 10 | 10 Austria | 26,739,000 | 2023 | -12.04% | -10.45% | View data |
