Germany continues to dominate the global export market for clutches and parts thereof for motor vehicles, holding a substantial share. Major exporters also include the United States, Hungary, and China. Over the past two years, countries like Croatia, Serbia, and Bahrain have experienced impressive year-on-year growth. Contrarily, nations like Argentina, Uruguay, and Mozambique have faced significant declines. The negative CAGR for countries such as Argentina and Ukraine highlights challenges over the last five years, whereas Malta's positive shift is noteworthy.
In the future, closely observe:
- Shifts in manufacturing hubs, particularly in Asia and Eastern Europe, which may impact market dynamics.
- Technological advancements in vehicle production that could fuel demand for clutch-related components.
- The influence of global trade policies and economic conditions on supply chain stability.
Top countries in Export of Clutches and Parts Thereof for Motor Vehicles Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 25.59 | 2023 | +2.09% | +2.43% | View data |
| 2 | 2 United States | 9.8 | 2023 | +3.22% | +3.06% | View data |
| 3 | 3 Hungary | 8.53 | 2023 | +3.05% | +3.3% | View data |
| 4 | 4 China | 7.18 | 2023 | +2.86% | +3.18% | View data |
| 5 | 5 Japan | 6.81 | 2023 | +0.66% | +0.63% | View data |
| 6 | 6 Canada | 4.73 | 2023 | +3.38% | +3.81% | View data |
| 7 | 7 South Korea | 4.45 | 2023 | +3.3% | +5.26% | View data |
| 8 | 8 France | 4.33 | 2023 | +2.8% | +2.17% | View data |
| 9 | 9 Slovakia | 4.1 | 2023 | +3.46% | +3.42% | View data |
| 10 | 10 Italy | 3.26 | 2023 | +3.25% | +3.08% | View data |
