In 2023, China led global exports of dividing heads and attachments for machine tools with a 33.27% share. Japan and Thailand followed with 15.25% and 10.08%, respectively. Countries like South Korea (8.2%) and Italy (5.82%) also held significant shares. The data reflects a varied global market with Asian countries dominating.
Key variations were observed in 2023, with Bosnia and Herzegovina significantly increasing its export share by 381.3%. Macedonia also saw a notable rise of 202.31%. Conversely, significant declines were seen in Hungary (-57.96%) and Switzerland (-9.64%).
Future trends to watch include potential further growth in Asia, Latin America, and sub-Saharan Africa, driven by technological advancements and demand for precision machine tools in manufacturing sectors. Emphasis will likely be on diversifying export portfolios to mitigate risks from geopolitical and economic uncertainties.
Top countries in Export of Dividing Heads and Attachments for Machine Tools Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 33.27 | 2023 | +4.26% | +3.31% | View data |
| 2 | 2 Japan | 15.25 | 2023 | +0.36% | -5.52% | View data |
| 3 | 3 Thailand | 10.08 | 2023 | +5.05% | +3.7% | View data |
| 4 | 4 South Korea | 8.2 | 2023 | +4.36% | +3.64% | View data |
| 5 | 5 Italy | 5.82 | 2023 | +2.3% | +1.08% | View data |
| 6 | 6 Austria | 4.26 | 2023 | +3.29% | +1.59% | View data |
| 7 | 7 Romania | 3.77 | 2023 | +3.31% | +2.87% | View data |
| 8 | 8 Germany | 3.15 | 2023 | -4.16% | -3.9% | View data |
| 9 | 9 Indonesia | 1.75 | 2023 | +4.71% | +8.08% | View data |
| 10 | 10 United Kingdom | 1.55 | 2023 | +3.77% | +0.93% | View data |
