In the 2023 data on the global export of weighing machinery with a capacity of 30-5000 kg, China predominates with its substantial share of 87.2%. The Netherlands, Poland, and India follow distantly, emphasizing China's dominance. Over the last year, Greece experienced an impressive growth of 64.67%, whereas the Netherlands and Czech Republic saw noticeable increases of 9.44% and 10.96%, respectively. Canada's exports dropped by 8.38%, and Switzerland declined by 16.89%. Azerbaijan experienced a significant rise of 51.57%, suggesting potential future growth.
Future trends to watch include China's continued hegemony, Greece's potential for further rapid expansion, and the market's overall stability. Emerging countries with recent growth spurts, such as Azerbaijan and Greece, may diversify the market shares, while established players like the Netherlands and Poland could leverage steady growth to enhance their positions. Additionally, geopolitical factors and trade policies might influence future developments in this segment.
Top countries in Export of Weighing Machinery Having a Capacity of 30-5000 Kg Share by Country (Units)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 87.2 | 2023 | +3.86% | +4.48% | View data |
| 2 | 2 Netherlands | 1.69 | 2023 | +3.38% | +9.44% | View data |
| 3 | 3 Poland | 1.33 | 2023 | +5.68% | +5.86% | View data |
| 4 | 4 India | 0.7 | 2023 | +5.23% | +2.05% | View data |
| 5 | 5 Greece | 0.54 | 2023 | +7.31% | +64.67% | View data |
| 6 | 6 Sweden | 0.42 | 2023 | +5.14% | +6.05% | View data |
| 7 | 7 United States | 0.4 | 2023 | +3.71% | +2.89% | View data |
| 8 | 8 United Kingdom | 0.39 | 2023 | +0.65% | +7.86% | View data |
| 9 | 9 Czech Republic | 0.3 | 2023 | +5.13% | +10.96% | View data |
| 10 | 10 Canada | 0.3 | 2023 | -2.23% | -8.38% | View data |