The global export market for metal-rolling mills and rolls is dominated by China, Italy, and Germany, with China showing a slight growth of 1.48% in 2023. Notably, countries like Portugal, Bosnia and Herzegovina, and Morocco showed significant increases, whereas Italy, the United States, and France experienced declines. Emerging players like the Czech Republic and Kazakhstan demonstrated promising potential with marked growth. The compounded annual growth rate (CAGR) over the last five years highlights these trends with quantitative backing.
Looking ahead, China is expected to continue its leadership in the market. Attention should be paid to the technological advancements and policies influencing exports, especially in emerging markets like India and South Korea, which are poised for gradual growth. Monitoring geopolitical tensions and their impacts on trade relations will be key in forecasting future shifts in market dynamics.
Top countries in Export of Metal-Rolling Mills and Rolls Therefor Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 26.11 | 2023 | +2.24% | +1.48% | View data |
| 2 | 2 Italy | 15.54 | 2023 | -3.54% | -4.38% | View data |
| 3 | 3 Germany | 12.72 | 2023 | -2.22% | -3.29% | View data |
| 4 | 4 Japan | 7.79 | 2023 | -2.9% | -0.089% | View data |
| 5 | 5 South Korea | 5.29 | 2023 | +2.18% | -0.013% | View data |
| 6 | 6 United States | 4.49 | 2023 | -4.84% | -5.35% | View data |
| 7 | 7 India | 4.38 | 2023 | +2.6% | +3.08% | View data |
| 8 | 8 Austria | 3.73 | 2023 | +1% | -0.15% | View data |
| 9 | 9 Slovenia | 2.41 | 2023 | +2.37% | +2.05% | View data |
| 10 | 10 United Kingdom | 2.27 | 2023 | -3.15% | -3.9% | View data |
