In 2023, China led the global export of Electro-Magnetic Couplings, Clutches, and Brakes, holding 37.87% of the export share by weight in kilograms. Germany followed with 23.45%, and Spain with 16.63%. South Korea and Japan completed the top five, albeit with a smaller share of 4.74% and 3.14%, respectively. Notable year-on-year variations include an increase for South Korea (5.87%) and Poland (5.64%), while Japan (-9.08%) and France (-12.72%) experienced significant declines. Exotic markets like Zambia saw exceptional growth (248.62%), albeit from a minimal base.
Future trends indicate potential shifts, with China continuing its dominance given its substantial manufacturing capacity. However, the resurgence of certain European markets and innovations from Asia, particularly South Korea, will influence the distribution of shares. Watch for emerging Asian markets and resurgent European players which could alter the landscape in the coming years.
Top countries in Export of Electro-Magnetic Couplings, Clutches and Brakes Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 37.87 | 2023 | +2.42% | +4.44% | View data |
| 2 | 2 Germany | 23.45 | 2023 | +2.8% | +2.8% | View data |
| 3 | 3 Spain | 16.63 | 2023 | +0.59% | +1.05% | View data |
| 4 | 4 South Korea | 4.74 | 2023 | +3.98% | +5.87% | View data |
| 5 | 5 Japan | 3.14 | 2023 | -9.46% | -9.08% | View data |
| 6 | 6 Thailand | 2.65 | 2023 | -1.19% | +0.00024% | View data |
| 7 | 7 France | 1.93 | 2023 | -21.9% | -12.72% | View data |
| 8 | 8 Italy | 1.62 | 2023 | +0.92% | +1.65% | View data |
| 9 | 9 Austria | 1.27 | 2023 | +3.39% | +3.51% | View data |
| 10 | 10 Malaysia | 1.27 | 2023 | +4.07% | -2.48% | View data |
