The global export of automatic goods vending machines is led by Italy, which is the top exporter, followed by China and the United States. While Italy saw a modest growth of 1.18% from the previous year, China's exports increased notably by 5.54%. The United States, however, experienced a decline of 3.25%. Other notable performances include Canada's impressive growth of 14.99% and Bosnia and Herzegovina's significant increase of 14.49%. Struggling countries included Denmark with a sharp decline of 12.52%, and Morocco's exports plummeting by 26.26%.
Future trends to watch for include continued growth from emerging markets like Brazil and Kuwait, which posted the highest percentage increases. The decline in Denmark and other European countries could indicate a shift in production or market dynamics. Meanwhile, advancements in technology and consumer behavior may drive demand, especially in Asia and Latin America.
Top countries in Export of Automatic Goods Vending Machines by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 550,170,000 | 2023 | +1.5% | +1.18% | View data |
| 2 | 2 China | 329,110,000 | 2023 | +2.93% | +5.54% | View data |
| 3 | 3 United States | 98,363,000 | 2023 | -3.44% | -3.25% | View data |
| 4 | 4 Spain | 73,662,000 | 2023 | -0.95% | -1.93% | View data |
| 5 | 5 Netherlands | 65,440,000 | 2023 | +2.13% | +1.26% | View data |
| 6 | 6 Israel | 60,156,000 | 2023 | +5.39% | +4.13% | View data |
| 7 | 7 Canada | 60,136,000 | 2023 | +2.22% | +14.99% | View data |
| 8 | 8 Estonia | 59,088,000 | 2023 | +6.6% | +1.98% | View data |
| 9 | 9 Germany | 53,161,000 | 2023 | -6.02% | -6.06% | View data |
| 10 | 10 United Kingdom | 52,481,000 | 2023 | -3.75% | -4.91% | View data |
