In 2023, Germany, Japan, and Switzerland emerged as leaders in the global export of numerically controlled surface grinders, with shares of 33.12%, 16.78%, and 16.25% respectively. Germany and Switzerland notably experienced steady growth, while the United Kingdom and Russia faced declines. France, Romania, and Hungary also saw decreases, whereas Australia and South Africa enjoyed substantial gains, largely influenced by emergent markets. Poland showed the highest growth rate. The Compound Annual Growth Rate (CAGR) over the last five years reveals incremental growth with certain markets remaining volatile.
Future trends to watch include:
- Emerging markets like Australia and Brazil showing potential growth.
- Technological advancements in production leading to increased exports from technologically advanced countries.
- Political stability and trade policies affecting significant exporters like Russia and the United Kingdom.
- Sustainability initiatives influencing production and trade structures.
Top countries in Export of Numerically Controlled Surface Grinders Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 33.12 | 2023 | +2.89% | +3.2% | View data |
| 2 | 2 Japan | 16.78 | 2023 | +1.57% | +2.2% | View data |
| 3 | 3 Switzerland | 16.25 | 2023 | +4.83% | +5.05% | View data |
| 4 | 4 Spain | 11.08 | 2023 | +4.13% | +2.58% | View data |
| 5 | 5 Thailand | 5.91 | 2023 | +6.56% | +1.1% | View data |
| 6 | 6 Italy | 4.81 | 2023 | -0.56% | +0.1% | View data |
| 7 | 7 Netherlands | 3.82 | 2023 | +3.44% | +2.33% | View data |
| 8 | 8 United States | 2.96 | 2023 | -0.3% | +3.59% | View data |
| 9 | 9 Belgium | 2.33 | 2023 | +5.59% | +4.71% | View data |
| 10 | 10 Sweden | 1.76 | 2023 | +5.58% | +0.43% | View data |
