In 2023, China was the leading exporter, contributing to 67.09% of the global kilogram share for bells and gongs, with a marginal increase of 0.87%. India and Malaysia followed with 7.58% and 5.01%, respectively, experiencing higher growth, particularly India with a remarkable 4.07% increase. Notably, Poland saw a substantial 31.87% rise. Conversely, countries like Indonesia and Slovenia faced significant declines, with Indonesia's export volume dropping by 20.88%.
Looking forward, China's dominance is expected to continue, potentially expanding due to its massive manufacturing capabilities. Emerging players like India could experience increased growth by optimizing their competitive advantage. Meanwhile, countries with declining trends may need to address export strategy and market demand to stabilize or reverse losses.
Top countries in Export of Bells, Gongs of Base Metal Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 67.09 | 2023 | +1.55% | +0.87% | View data |
| 2 | 2 India | 7.58 | 2023 | +1.9% | +4.07% | View data |
| 3 | 3 Malaysia | 5.01 | 2023 | -1.85% | +1.44% | View data |
| 4 | 4 Netherlands | 4.19 | 2023 | +2.05% | +2.78% | View data |
| 5 | 5 Germany | 2.14 | 2023 | +0.079% | -0.041% | View data |
| 6 | 6 United States | 1.31 | 2023 | -6.85% | -3.96% | View data |
| 7 | 7 Austria | 1.15 | 2023 | +1.74% | +5.84% | View data |
| 8 | 8 Belgium | 0.89 | 2023 | +2.1% | +1.88% | View data |
| 9 | 9 Poland | 0.86 | 2023 | +6.21% | +31.87% | View data |
| 10 | 10 Pakistan | 0.71 | 2023 | +1.06% | +0.69% | View data |