In 2023, Denmark led the global export market for non-numerically controlled sharpening machines with a significant share, despite a slight decline. Major exporters like China showed growth, while Germany saw a notable decline. Emerging countries such as Australia and Malaysia experienced significant growth, highlighting shifts in global trade patterns. Traditional exporters like Japan and the US saw decreases in their export values, indicating potential competitive declines.
Trends to monitor include the rise of exports from Australia and Malaysia due to their substantial year-on-year growth, as well as potential shifts towards automation and numerical control which could reshape market dynamics and trade volumes in the coming years.
Top countries in Export of Sharpening (Tool, Cutter Grind) Machines Not Numerically Controlled Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 22.66 | 2023 | +1.17% | -0.85% | View data |
| 2 | 2 China | 15.85 | 2023 | +2.83% | +2.4% | View data |
| 3 | 3 Germany | 11.86 | 2023 | -3.67% | -4.87% | View data |
| 4 | 4 Italy | 6.74 | 2023 | +0.084% | +0.083% | View data |
| 5 | 5 Sweden | 6.52 | 2023 | +2.15% | +2.04% | View data |
| 6 | 6 Australia | 5.72 | 2023 | +3.98% | +37.45% | View data |
| 7 | 7 United Kingdom | 5.64 | 2023 | +0.66% | +0.99% | View data |
| 8 | 8 United States | 5.36 | 2023 | -0.84% | -0.79% | View data |
| 9 | 9 Austria | 4.31 | 2023 | +3.92% | +1.47% | View data |
| 10 | 10 Netherlands | 4.17 | 2023 | +3.72% | +1.96% | View data |
