The global market for hinges of base metal exhibits notable variations by country. China dominates the export market with over 2 billion USD, followed by Germany, Austria, and Italy. The United States is also a significant exporter. The year-on-year growth shows diverse trends with countries like China, Germany, and South Korea experiencing increases, while Japan and Slovenia see declines. Over a longer period, the compound annual growth rate (CAGR) indicates expanding exports in many countries, with notable growth in countries like Bahrain, Cyprus, and Oman.
Future trends to watch include the growing demand in emerging markets like India and Romania, which are showing an upward trajectory. Additionally, technological advancements and increased demand for more specialized hinges could reshape the market dynamics, impacting traditional exporting powerhouses.
Top countries in Export of Hinges of Base Metal by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 2,009,400,000 | 2023 | +3.47% | +3.54% | View data |
| 2 | 2 Germany | 1,091,900,000 | 2023 | +2.66% | +2.14% | View data |
| 3 | 3 Austria | 538,330,000 | 2023 | +2.04% | +1.7% | View data |
| 4 | 4 Italy | 375,610,000 | 2023 | +1.71% | +0.97% | View data |
| 5 | 5 United States | 320,180,000 | 2023 | +1.73% | +1.71% | View data |
| 6 | 6 Canada | 175,360,000 | 2023 | -0.084% | +0.54% | View data |
| 7 | 7 Czech Republic | 141,260,000 | 2023 | +3.04% | +1.65% | View data |
| 8 | 8 South Korea | 138,850,000 | 2023 | +2.6% | +2.71% | View data |
| 9 | 9 Poland | 131,760,000 | 2023 | +3.51% | +5.08% | View data |
| 10 | 10 France | 94,452,000 | 2023 | +2.45% | +1.7% | View data |
