In 2023, Germany led global exports of bending or assembling machines for hard materials, valued at $134.66 million, despite a slight decline. Austria showed notable growth, increasing exports by 4.17%, followed by China with a 3.88% increase. South Korea and Denmark registered significant growth, rising by 10.63% and 10.65% respectively. Meanwhile, the United States experienced a decrease of 4.25%. Europe remained a strong exporter, although countries like France and the UK registered declines. Scandinavia saw varied performance, with Norway experiencing a substantial 41.46% increase.
Future trends to watch include technological advancements driving demand, shifts in global supply chain dynamics, and expanding markets in Asia and Africa potentially impacting export profiles. Enhanced sustainability and energy-efficient solutions could also play a crucial role in shaping industry evolution.
Top countries in Export of Bending or Assembling Machines for Working Hard Materials by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 134,660,000 | 2023 | -0.075% | -0.014% | View data |
| 2 | 2 Austria | 117,300,000 | 2023 | +3.56% | +4.17% | View data |
| 3 | 3 China | 62,291,000 | 2023 | +5.2% | +3.88% | View data |
| 4 | 4 Italy | 61,692,000 | 2023 | +1.94% | +1.19% | View data |
| 5 | 5 South Korea | 23,695,000 | 2023 | +4.81% | +10.63% | View data |
| 6 | 6 Canada | 22,207,000 | 2023 | +4.3% | +2.8% | View data |
| 7 | 7 Finland | 17,043,000 | 2023 | +4.88% | +0.67% | View data |
| 8 | 8 Denmark | 17,015,000 | 2023 | +4.84% | +10.65% | View data |
| 9 | 9 United States | 15,850,000 | 2023 | -5.9% | -4.25% | View data |
| 10 | 10 Poland | 8,172,100 | 2023 | +4.96% | -1.92% | View data |
