China dominates the global export of time-registers and time-recorders, accounting for a staggering 90.4% share in 2023. Slovenia, the United Kingdom, and the United States follow distantly with shares of approximately 1.81%, 1.19%, and 0.61%, respectively. Notably, Greece and Chile experienced significant growth with variations over 140%, contrasting sharply with significant declines in Singapore (-26%) and other smaller players like Luxembourg (-31%). Between 2019 and 2023, the market saw mixed performances across nations, with Poland, Switzerland, and the Czech Republic showcasing positive trends, while China showed a slight decline over the past year.
Future trends in the global export of time-registers and time-recorders indicate a potential increase in demand for digital and smart solutions, driven by technological advancements. Emerging markets may present new growth opportunities, while traditional key exporters may face challenges in maintaining their shares due to economic or geopolitical factors. Tracking how digitization impacts manufacturing and export strategies will be crucial for stakeholders.
Top countries in Export of Time-Registers and Time-Recorders Share by Country (Units)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 90.4 | 2023 | -1.39% | -2.58% | View data |
| 2 | 2 Slovenia | 1.81 | 2023 | -3.08% | -3.41% | View data |
| 3 | 3 United Kingdom | 1.19 | 2023 | +1.01% | +2.88% | View data |
| 4 | 4 United States | 0.61 | 2023 | -2.23% | -4.84% | View data |
| 5 | 5 Netherlands | 0.22 | 2023 | -4.69% | -3.25% | View data |
| 6 | 6 Thailand | 0.1 | 2023 | -25.75% | -19.42% | View data |
| 7 | 7 Russia | 0.09 | 2023 | +6.41% | +2.5% | View data |
| 8 | 8 Sweden | 0.086 | 2023 | -1.51% | -2.89% | View data |
| 9 | 9 Poland | 0.069 | 2023 | +3.75% | +17.01% | View data |
| 10 | 10 Brazil | 0.055 | 2023 | -0.71% | -3.36% | View data |
