As of 2024, Germany leads the global export of gas-operated welding machinery, despite a decrease of 7.58% year-on-year from 2023. The Netherlands and China follow, with China exhibiting a slight positive growth. Notable growth was recorded by Lithuania and Latvia, indicating interest in their evolving markets. Conversely, countries like Japan and Poland experienced significant declines, with Japan seeing a 14.39% reduction. Strong year-on-year growth is observed in Romania and smaller markets like Bahrain. The broader five-year trend is mixed, with most markets facing challenges in maintaining consistent growth.
Future trends to watch include technological advancements, with potential shifts in manufacturing hubs due to economic and geopolitical influences. As emerging markets show interest, exploring strategic partnerships might benefit established leaders. Monitoring environmental regulations could impact export dynamics, pushing innovation in cleaner welding technologies.
Top countries in Export of Gas-Operated Machinery for Welding by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 26,895,000 | 2023 | -7.29% | -7.58% | View data |
| 2 | 2 Netherlands | 26,088,000 | 2023 | +3.38% | +2.4% | View data |
| 3 | 3 China | 19,342,000 | 2023 | +1.42% | +0.047% | View data |
| 4 | 4 Italy | 11,056,000 | 2023 | +3.28% | +1.09% | View data |
| 5 | 5 South Korea | 10,826,000 | 2023 | +0.35% | -0.65% | View data |
| 6 | 6 United States | 9,625,700 | 2023 | -6.07% | -6.09% | View data |
| 7 | 7 Ireland | 4,883,300 | 2023 | -1.45% | -2.41% | View data |
| 8 | 8 India | 4,717,500 | 2023 | -0.51% | +2.67% | View data |
| 9 | 9 United Kingdom | 3,458,900 | 2023 | -1.19% | -0.9% | View data |
| 10 | 10 Japan | 2,860,400 | 2023 | -9.66% | -14.39% | View data |
