The global export market for machine tools used in forging, stamping, hammering, or pressing metals is led by the United Kingdom, Japan, and Italy. In 2023, notable trends included rising exports from South Korea and Brazil, with significant growth also observed in Slovenia and Finland. However, Russia, Ukraine, and Bulgaria experienced declines. The cumulative annual growth rate (CAGR) over the past five years highlights consistent performers like Germany and Hungary amidst varying market dynamics.
Future trends to monitor include the potential for technological advancements driving efficiency, shifts due to geopolitical tensions, and increasing demand for sustainable production practices, which could reshape export dynamics globally.
Top countries in Export of Machine Tools To Forge, Stamp, Hammer or Press Metals by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 32,143,000 | 2023 | +5.53% | +2.6% | View data |
| 2 | 2 Japan | 21,792,000 | 2023 | -0.53% | -1.79% | View data |
| 3 | 3 Italy | 18,390,000 | 2023 | +0.67% | +1.55% | View data |
| 4 | 4 South Korea | 15,243,000 | 2023 | +0.83% | +14.51% | View data |
| 5 | 5 Netherlands | 13,743,000 | 2023 | +3.09% | +0.45% | View data |
| 6 | 6 Germany | 12,892,000 | 2023 | -0.22% | +3.87% | View data |
| 7 | 7 Brazil | 6,655,600 | 2023 | +1.1% | +9.89% | View data |
| 8 | 8 Spain | 6,639,100 | 2023 | -3.81% | -0.75% | View data |
| 9 | 9 Hungary | 4,497,800 | 2023 | +4.66% | +5.76% | View data |
| 10 | 10 Russia | 4,247,900 | 2023 | -8.55% | -6.41% | View data |
