The global export market for parts of automatic goods-vending machinery shows China as the dominant player, holding over a third of the market share. Italy, the Netherlands, and Israel follow, albeit with significantly smaller shares. While China and Malaysia experienced robust growth in 2023, countries like the UK and Germany saw notable declines. Rising exports in Canada and Austria contrast with downturns in major markets like the US and Japan. Overall, the market is characterized by varying performance across nations, with certain smaller countries like Bosnia and Herzegovina and Lithuania showing promising growth trends.
Future trends to watch include China's continued prominence and potential shifts in European markets, particularly in countries with significant recent declines. Additionally, emerging markets may gain influence if their current upward trends persist. Technological advancements and global economic conditions could further impact these dynamics in the coming years.
Top countries in Export of Parts of Automatic Goods-Vending Machinery Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 34.51 | 2023 | +2.24% | +7.15% | View data |
| 2 | 2 Italy | 17.53 | 2023 | +1.98% | +1.67% | View data |
| 3 | 3 Netherlands | 5.96 | 2023 | +3.74% | +3.56% | View data |
| 4 | 4 Israel | 5.96 | 2023 | +5.88% | +3.87% | View data |
| 5 | 5 Czech Republic | 4.21 | 2023 | +3.9% | -3.91% | View data |
| 6 | 6 Canada | 3.72 | 2023 | -0.94% | +8.65% | View data |
| 7 | 7 Indonesia | 3.19 | 2023 | +5.82% | +1.5% | View data |
| 8 | 8 Spain | 2.89 | 2023 | -6.27% | -6.3% | View data |
| 9 | 9 United States | 2.54 | 2023 | -8.42% | -8.02% | View data |
| 10 | 10 Mexico | 2.34 | 2023 | -11.53% | -8.65% | View data |