In 2023, China dominated the global export market for self-propelled coal or rock cutters with 39.95% share, followed by Finland at 25.81%, and Sweden at 9.92%. Notably, while China's exports grew by 3.55% year-on-year, Sweden and the United States experienced declines of 10.13% and 5.02% respectively. Significant growth was seen in Poland (24.34%) and Peru (31.12%), although from a smaller base. Over the past five years, the market has faced volatility with substantial variability in export figures among countries.
Looking ahead, potential trends to watch include China's continued dominance in market share, Finland's consolidation in second place, and increased activity from emerging exporters such as Poland. Technological advancements and geopolitical developments may also impact the competitive landscape and trade patterns globally.
Top countries in Export of Self-Propelled Coal or Rock Cutters Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 39.95 | 2023 | +4.08% | +3.55% | View data |
| 2 | 2 Finland | 25.81 | 2023 | +2.99% | +1.92% | View data |
| 3 | 3 Sweden | 9.92 | 2023 | -8.59% | -10.13% | View data |
| 4 | 4 United States | 6.9 | 2023 | -1.17% | -5.02% | View data |
| 5 | 5 Saudi Arabia | 3.13 | 2023 | +6.43% | +2.94% | View data |
| 6 | 6 Japan | 3.12 | 2023 | -5.85% | +5.19% | View data |
| 7 | 7 Poland | 1.86 | 2023 | +2.02% | +24.34% | View data |
| 8 | 8 Czech Republic | 1.34 | 2023 | +4.73% | +1.93% | View data |
| 9 | 9 Singapore | 1.15 | 2023 | +4.08% | +7.7% | View data |
| 10 | 10 United Kingdom | 0.77 | 2023 | +1.77% | -0.87% | View data |
