In 2023, Italy led the global export market for parts of machinery for making pulp, paper, or board with a 22.16% share, experiencing a 3.06% growth. Germany and the United States followed with 15.49% and 13.93% shares respectively. Notable growth was seen in China with a 7.13% increase. Conversely, the United Kingdom and Finland saw declines of 3.63% and 10.49% respectively. Emerging markets like Kazakhstan showed substantial growth at 35.56%.
Future trends to watch include Asia's growing presence, particularly China, which could continue to rise due to increasing investments in industrial machinery. Additionally, expect fluctuations in European markets due to economic variabilities and policy changes. Sustainability and technological advancements could also reshape the landscape, influencing future market dynamics.
Top countries in Export of Parts of Machinery for Making Pulp, Paper or Board Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 22.16 | 2023 | +2.88% | +3.06% | View data |
| 2 | 2 Germany | 15.49 | 2023 | +0.53% | +0.29% | View data |
| 3 | 3 United States | 13.93 | 2023 | +1.98% | +2.48% | View data |
| 4 | 4 France | 9.8 | 2023 | +2.25% | +2.15% | View data |
| 5 | 5 China | 8.29 | 2023 | +4.06% | +7.13% | View data |
| 6 | 6 Switzerland | 6.3 | 2023 | +0.89% | -0.11% | View data |
| 7 | 7 Netherlands | 3.33 | 2023 | +1.63% | +1.37% | View data |
| 8 | 8 Spain | 3.16 | 2023 | +3.25% | +3.24% | View data |
| 9 | 9 Japan | 2.67 | 2023 | +2.86% | +1.91% | View data |
| 10 | 10 Israel | 1.82 | 2023 | +5.75% | +4.76% | View data |
