Germany leads the global export market for machines testing mechanical properties of metals, with a substantial share of 29.21% in 2023, followed by the United States and China. The United States experienced modest growth, while China saw a notable increase. In contrast, Switzerland and Japan observed declines. Other notable gainers were the Netherlands and Denmark, while countries like Slovakia and South Africa faced reductions.
Future trends to monitor include the impact of technological advancements and shifts in manufacturing hubs, especially in Asia and Europe. Additionally, environmental sustainability and digitalization may influence future export dynamics.
Top countries in Export of Machines for Testing Mechanical Properties of Metals Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 29.21 | 2023 | +0.95% | +0.48% | View data |
| 2 | 2 United States | 19.41 | 2023 | +0.27% | +0.17% | View data |
| 3 | 3 China | 8.25 | 2023 | +3.26% | +3.07% | View data |
| 4 | 4 Netherlands | 7.18 | 2023 | +4.79% | +4.47% | View data |
| 5 | 5 United Kingdom | 6.81 | 2023 | -0.46% | +0.16% | View data |
| 6 | 6 Switzerland | 4.62 | 2023 | -0.75% | -4.17% | View data |
| 7 | 7 Austria | 3.89 | 2023 | +2.73% | +3.48% | View data |
| 8 | 8 Italy | 3.19 | 2023 | +2.08% | +0.67% | View data |
| 9 | 9 France | 2.09 | 2023 | +2.45% | +9.14% | View data |
| 10 | 10 Malaysia | 2.05 | 2023 | +4.77% | -0.43% | View data |
