Germany leads the global exports of non-numerically controlled surface grinders with a substantial share of 24.84% in 2023. Italy and Japan trail with shares of 11.47% and 11.38%, respectively. Despite Germany's dominance, recent data shows a decline in its share by 1.49% year-on-year. China, offering a modest year-on-year increase of 0.78%, shows potential for growth. Notably, smaller economies like Denmark and Morocco witnessed significant growth surges.
Future trends to watch include the impact of technological advancements in manufacturing, sustainability practices, and shifts in global demand. Asia's growing manufacturing sector could further influence market dynamics.
Top countries in Export of Surface Grinders Not Numerically Controlled Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 24.84 | 2023 | -0.28% | -1.49% | View data |
| 2 | 2 Italy | 11.47 | 2023 | -2.93% | -1.29% | View data |
| 3 | 3 Japan | 11.38 | 2023 | -1.36% | -1.22% | View data |
| 4 | 4 China | 10.56 | 2023 | +1.02% | +0.78% | View data |
| 5 | 5 Thailand | 6.89 | 2023 | -5.27% | +4.86% | View data |
| 6 | 6 Netherlands | 5.95 | 2023 | +3.43% | +0.39% | View data |
| 7 | 7 South Korea | 5.93 | 2023 | +2.26% | -1.01% | View data |
| 8 | 8 Switzerland | 5.72 | 2023 | +0.58% | +2.05% | View data |
| 9 | 9 United States | 3.09 | 2023 | -2.4% | -5.04% | View data |
| 10 | 10 Singapore | 2.59 | 2023 | +2.95% | +2.18% | View data |
