In 2023, Italy led global exports of machinery for hide and leather work, including footwear, with a significant margin over China. While China and South Korea maintained steady growth, Germany experienced a slight decline. Other notable exporters, such as France, Spain, and the United States, exhibited varied performance with some contraction.
Trends from the past years show varying growth rates. Macedonia experienced a remarkable increase compared to other countries, while the United Kingdom and New Zealand saw substantial decreases. Emerging markets like Estonia and Greece showed promising growth rates.
Future trends to watch include the technological advancements in machinery, demand shifts due to sustainability focus, and emerging market contributions. Countries investing in innovation and adapting to eco-friendly practices are likely to gain competitive advantages in the global export market.
Top countries in Export of Machinery for Hide and Leather Work Including Footwear by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 537,950,000 | 2023 | +1.67% | +1.75% | View data |
| 2 | 2 China | 395,640,000 | 2023 | +3.86% | +4.23% | View data |
| 3 | 3 South Korea | 96,919,000 | 2023 | +2.5% | +2.1% | View data |
| 4 | 4 Germany | 56,278,000 | 2023 | +0.25% | -1.08% | View data |
| 5 | 5 France | 18,044,000 | 2023 | +0.39% | +1.31% | View data |
| 6 | 6 Spain | 12,385,000 | 2023 | -3.95% | -3.89% | View data |
| 7 | 7 United States | 10,209,000 | 2023 | -5.28% | -4.97% | View data |
| 8 | 8 Brazil | 7,668,700 | 2023 | -0.25% | +1.66% | View data |
| 9 | 9 Romania | 7,207,000 | 2023 | +2.77% | +1.49% | View data |
| 10 | 10 Australia | 6,752,300 | 2023 | +3.43% | +4.34% | View data |
