In 2023, Germany led global exports of draw-benches for bars, tubes, and profiles wire, followed by China and South Korea. Notably, Switzerland and Greece experienced significant growth rates of 42.23% and 88.3% respectively, while Chile surged by 450.35%. Conversely, Serbia, Slovakia, and the Czech Republic witnessed substantial declines. Over the last five years, export shares have shown variations, with a notable increase in value share for China and other emerging markets.
Future trends to watch for include:
- Emerging markets like India and Brazil are expected to grow due to industrial expansion and investment.
- Watch for technological advancements in manufacturing processes that could alter competitive landscapes.
- Geopolitical and trade policy changes may impact traditional leaders like Germany and China.
Top countries in Export of Draw-Benches for Bars, Tubes, Profiles Wire Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 34.29 | 2023 | -1.44% | -2.23% | View data |
| 2 | 2 China | 27.91 | 2023 | +3.17% | +4.26% | View data |
| 3 | 3 South Korea | 6.02 | 2023 | -5.07% | -5.65% | View data |
| 4 | 4 Sweden | 5.63 | 2023 | +3.43% | +2.38% | View data |
| 5 | 5 Spain | 4.96 | 2023 | +2.22% | -0.76% | View data |
| 6 | 6 Switzerland | 3.8 | 2023 | +6.22% | +42.23% | View data |
| 7 | 7 Austria | 2.77 | 2023 | -0.96% | -5.6% | View data |
| 8 | 8 Hungary | 2.72 | 2023 | +3.91% | +3.91% | View data |
| 9 | 9 Japan | 2.26 | 2023 | -11.55% | -5.31% | View data |
| 10 | 10 India | 2.03 | 2023 | +0.91% | +5.51% | View data |
