China dominates the global export of hand sharpening or polishing stones in 2023 with a substantial share of 76.88%, showcasing an upward trend of 1.72% from prior years. India, Italy, and Japan follow, but with notably smaller shares. The Czech Republic experienced significant growth with an 11.08% increase while Chile showed remarkable improvement with 63.78% growth, despite their overall small shares. Conversely, countries like Australia and Bosnia and Herzegovina witnessed steep declines of 36.31% and 32.45% respectively. Emerging contributors like El Salvador and Bahrain have shown significant increases in their export shares.
Future trends to watch include the potential growth of smaller market players such as Portugal, Greece, and Bulgaria, each demonstrating significant recent growth. The raw material availability, advancements in manufacturing technology, and changes in global trade policies will likely influence shifts in the market share of these products worldwide, with China expected to maintain its dominant position.
Top countries in Export of Hand Sharpening or Polishing Stones Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 76.88 | 2023 | +1.98% | +1.72% | View data |
| 2 | 2 India | 5.44 | 2023 | -0.94% | -4.84% | View data |
| 3 | 3 Italy | 2.82 | 2023 | +1.36% | +1.44% | View data |
| 4 | 4 Japan | 2.02 | 2023 | +1.6% | +2.61% | View data |
| 5 | 5 Mexico | 1.91 | 2023 | +1.56% | +1.8% | View data |
| 6 | 6 Germany | 1.73 | 2023 | +3.54% | +2.85% | View data |
| 7 | 7 Thailand | 1.26 | 2023 | +2.61% | +3.86% | View data |
| 8 | 8 Brazil | 0.87 | 2023 | -0.18% | +0.25% | View data |
| 9 | 9 South Korea | 0.62 | 2023 | +4.23% | +1.42% | View data |
| 10 | 10 Malaysia | 0.6 | 2023 | +3.53% | +1.74% | View data |
