The global export landscape for drilling or morticing machines for working hard materials was dominated by Italy (21.183 million kg) in 2023, followed by Germany (12.051 million kg) and China (2.7673 million kg). Over the past year, most significant growth was observed in Kuwait, Chile, and Indonesia, while countries like Japan, Brazil, and Sweden experienced declines. The Compound Annual Growth Rate (CAGR) over the last five years highlights China's consistent performance and Slovakia's robust recent improvements.
Looking forward, future trends to watch include:
- Technological advancements favoring precision and efficiency, enhancing demand.
- Emerging markets’ growth due to infrastructure development.
- Sustainability shifts may influence material choice and manufacturing processes.
Top countries in Export of Drilling or Morticing Machines for Working Hard Materials by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 21,183,000 | 2023 | +2.85% | +4.61% | View data |
| 2 | 2 Germany | 12,051,000 | 2023 | +3.49% | +1.81% | View data |
| 3 | 3 China | 2,767,300 | 2023 | +4.02% | +3.6% | View data |
| 4 | 4 South Korea | 892,810 | 2023 | +3.98% | +5.94% | View data |
| 5 | 5 Austria | 709,790 | 2023 | +1.42% | +5.19% | View data |
| 6 | 6 Belgium | 571,920 | 2023 | +5.4% | +4.24% | View data |
| 7 | 7 Japan | 371,170 | 2023 | -41.63% | -20.31% | View data |
| 8 | 8 Denmark | 350,650 | 2023 | +5.33% | +14.4% | View data |
| 9 | 9 Spain | 323,710 | 2023 | +4.57% | +3.24% | View data |
| 10 | 10 New Zealand | 303,460 | 2023 | +6.53% | +0.56% | View data |
