In 2023, China dominated the global export market for machinery for making or repairing footwear with a 39.79% share. Italy and South Korea followed with 23.71% and 19.32% respectively. While China and Romania experienced growth, Italy and Germany saw declines. Notable increases were seen in Switzerland and Japan, while countries like the Czech Republic and Chile faced significant declines.
Future trends to watch include the continued growth of Asian countries like China and Japan, alongside potential recoveries or further declines in European nations such as Italy. Investment in technological advancements within the industry might alter country shares in the coming years.
Top countries in Export of Machinery for Making or Repairing Footwear Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 39.79 | 2023 | +1.45% | +2.01% | View data |
| 2 | 2 Italy | 23.71 | 2023 | -4.63% | -3.67% | View data |
| 3 | 3 South Korea | 19.32 | 2023 | +0.94% | -0.097% | View data |
| 4 | 4 Romania | 2.62 | 2023 | +1.94% | +2.14% | View data |
| 5 | 5 Germany | 1.73 | 2023 | -8.5% | -8.44% | View data |
| 6 | 6 Spain | 1.47 | 2023 | -3.27% | -2.68% | View data |
| 7 | 7 Brazil | 0.65 | 2023 | -6.95% | -4.67% | View data |
| 8 | 8 Albania | 0.64 | 2023 | +2.43% | +4.54% | View data |
| 9 | 9 Bulgaria | 0.52 | 2023 | +3.18% | +2.61% | View data |
| 10 | 10 Bosnia and Herzegovina | 0.44 | 2023 | +3.03% | +9.1% | View data |