In 2023, Germany led global exports of blades for agricultural and forestry machinery, commanding a significant share of 26.67%. The United States followed with 16.22%, and Austria was notable at 10.58%. Emerging exporters like Sweden showed strong growth of 4.83% year-on-year, while Poland achieved an impressive 9.89% increase. Conversely, countries like Colombia saw a sharp decline of -24.89%, indicating potential market volatility. Israel and Botswana showed the highest growth rates, with 43.68% and 55.84% respectively, despite their smaller shares.
Future trends to watch include the expansion of markets in Asia, led by proactive players like China, which saw a 3.76% increase, and the potential for emerging markets to leverage technological advancements to enhance export capacities and gain competitive market shares.
Top countries in Export of Blades for Agricultural and Forestry Machinery Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 26.67 | 2023 | +2.9% | +2.68% | View data |
| 2 | 2 United States | 16.22 | 2023 | +1.92% | +2.43% | View data |
| 3 | 3 Austria | 10.58 | 2023 | +2.54% | +2.01% | View data |
| 4 | 4 China | 7.39 | 2023 | +3.89% | +3.76% | View data |
| 5 | 5 France | 5.03 | 2023 | +0.65% | +0.37% | View data |
| 6 | 6 Japan | 4.98 | 2023 | +1.61% | +0.67% | View data |
| 7 | 7 Netherlands | 4.01 | 2023 | +1.91% | +1.78% | View data |
| 8 | 8 Belgium | 2.82 | 2023 | +3.22% | +3.26% | View data |
| 9 | 9 Canada | 2.69 | 2023 | +2.01% | +1.53% | View data |
| 10 | 10 Sweden | 2.39 | 2023 | +3.39% | +4.83% | View data |
