In 2023, China dominated the global export of non-automatic electric resistance welding equipment with a value of approximately USD 75.552 million, reflecting a modest year-on-year growth of 0.47%. The United States and Germany followed with values of USD 18.393 million and USD 18.126 million, respectively, marking a growth of 0.59% for the U.S., while Germany experienced a decline of 6.79%. Notable positive growth rates were observed in countries like the United Arab Emirates (10.18%), Russia (9.26%), and Ireland (115.83%). Conversely, significant declines were seen in France (-14.04%), Japan (-15.83%), and Malaysia (-28.39%).
Future trends to watch include:
- The continued potential growth in emerging markets like the UAE and Russia, which are experiencing increased industrialization.
- Technology advancements in welding equipment, potentially shifting export dynamics to technologically advanced countries.
- Sustainability and eco-friendly production practices may increasingly influence market leaders and emerging exporters alike.
Top countries in Export of Non-Automatic Electric Resistance Welding Equipment by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 75,552,000 | 2023 | +1.86% | +0.47% | View data |
| 2 | 2 United States | 18,393,000 | 2023 | +0.47% | +0.59% | View data |
| 3 | 3 Germany | 18,126,000 | 2023 | -5.39% | -6.79% | View data |
| 4 | 4 Italy | 13,789,000 | 2023 | -6.86% | -7.06% | View data |
| 5 | 5 Brazil | 10,328,000 | 2023 | +6.46% | +0.6% | View data |
| 6 | 6 France | 6,198,300 | 2023 | -12.25% | -14.04% | View data |
| 7 | 7 South Korea | 5,864,300 | 2023 | -15.67% | -2.72% | View data |
| 8 | 8 Ukraine | 5,222,300 | 2023 | +0.014% | -1.17% | View data |
| 9 | 9 Canada | 4,335,600 | 2023 | -1.36% | -9.07% | View data |
| 10 | 10 Belgium | 3,000,500 | 2023 | -6.42% | -8.34% | View data |
