In 2023, China dominated the global export of parts of equipment for metallurgy and foundries, contributing significantly more in volume than other countries. Italy, India, and Germany followed, although their exports faced slight declines. While Thailand, the Philippines, and Malaysia saw notable increases in their exports, Japan and the United Kingdom experienced considerable reductions. Noteworthy growth was observed in Portugal and Greece, although both countries have smaller shares in the global market. Consistent performance from countries like Slovenia and Sweden underlines their steady presence in the sector.
Future trends to watch include the influence of technological advancements and automation in metallurgical equipment, which may drive demand shifts. The ongoing transition towards sustainable metal production could also impact global export dynamics, with countries investing in state-of-the-art equipment likely to capture greater market share. Additionally, global supply chain disruptions and geopolitical factors may significantly alter trade volumes and partnerships in this sector.
Top countries in Export of Parts of Equipment for Metallurgy, Foundries by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 116,670,000 | 2023 | +1.84% | -0.62% | View data |
| 2 | 2 Italy | 8,514,600 | 2023 | -3.86% | -2.59% | View data |
| 3 | 3 India | 6,403,800 | 2023 | +3.51% | -0.08% | View data |
| 4 | 4 Germany | 6,023,900 | 2023 | -3.27% | -3.18% | View data |
| 5 | 5 Spain | 5,586,400 | 2023 | +3.51% | +0.15% | View data |
| 6 | 6 Czech Republic | 4,030,900 | 2023 | +0.25% | +0.89% | View data |
| 7 | 7 Thailand | 3,503,800 | 2023 | +0.46% | +2.49% | View data |
| 8 | 8 Switzerland | 2,692,600 | 2023 | +0.17% | -0.85% | View data |
| 9 | 9 Poland | 2,232,500 | 2023 | -1.08% | -2.72% | View data |
| 10 | 10 South Korea | 1,850,200 | 2023 | -6.91% | -8.43% | View data |
