Japan remains the leader in exporting machining centres for working metal by weight, accounting for a significant share despite a slight decrease in the previous year. Germany and South Korea follow, showing solid growth figures. Belgium, Italy, China, and others, exhibit incremental growth rates. Notable increases in export shares are observed from Luxembourg, Slovenia, Indonesia, and Denmark, showing promising year-on-year growth. Some countries like the Czech Republic and Switzerland experienced declines.
Future trends to watch include:
- The potential for sustained growth in emerging economies due to rising demand for machined metal products.
- Technological advancements in automation and efficiency could shift the global export landscape.
Top countries in Export of Machining Centres for Working Metal Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 34.39 | 2023 | +0.22% | -3.63% | View data |
| 2 | 2 Germany | 21.86 | 2023 | +2.8% | +3.26% | View data |
| 3 | 3 South Korea | 13.47 | 2023 | +3.36% | +2.26% | View data |
| 4 | 4 Belgium | 6.7 | 2023 | +3.51% | +3.15% | View data |
| 5 | 5 Italy | 5.01 | 2023 | +3.56% | +3.52% | View data |
| 6 | 6 China | 2.03 | 2023 | +1.8% | +1.61% | View data |
| 7 | 7 Netherlands | 1.83 | 2023 | -7.39% | -5.68% | View data |
| 8 | 8 Singapore | 1.49 | 2023 | +2.39% | +2.48% | View data |
| 9 | 9 Switzerland | 1.37 | 2023 | -0.7% | -3.96% | View data |
| 10 | 10 Czech Republic | 1.2 | 2023 | -0.82% | -7.39% | View data |
