In 2023, France dominated the global export market for time-registers and time-recorders, with significant contributions from China, the Netherlands, and Indonesia. Notable increases were observed in the United Arab Emirates and Bahrain, while declines occurred in Belgium, Germany, and the UK. Growth drivers included emerging markets with substantial increases like Greece and Peru, showcasing diverse regional dynamics. Switzerland and the United States experienced slight contractions.
Looking ahead to 2024, trends suggest a continuation of shifts towards emerging markets, with potential volatility due to geopolitical influences and technological advancements reshaping the competitive landscape. The market may witness increased innovation-driven competition.
Top countries in Export of Time-Registers and Time-Recorders Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 41.08 | 2023 | +1.6% | +0.8% | View data |
| 2 | 2 China | 17.01 | 2023 | -0.38% | +0.02% | View data |
| 3 | 3 Netherlands | 13.9 | 2023 | +2.69% | +2.14% | View data |
| 4 | 4 Indonesia | 11.71 | 2023 | +5.65% | +6.52% | View data |
| 5 | 5 Switzerland | 7.12 | 2023 | +3.66% | -3.09% | View data |
| 6 | 6 United States | 6.46 | 2023 | -2.06% | -3.41% | View data |
| 7 | 7 Estonia | 2.35 | 2023 | +6.28% | +4.77% | View data |
| 8 | 8 Spain | 2.28 | 2023 | +5.86% | +0.83% | View data |
| 9 | 9 Thailand | 1.61 | 2023 | -1.78% | -1.87% | View data |
| 10 | 10 Belgium | 1.34 | 2023 | -3.38% | -6.18% | View data |
