The global export of casting machines in 2023, expressed in kilograms, was dominated by Japan, Italy, and China, comprising notable shares. Japan and Italy showed marginal annual growth of 0.12% and 1.95%, respectively, while China exhibited a significant year-on-year increase of 1.73%. Conversely, Germany and Switzerland saw a decline of 2.65% and an increase of 1.86%, respectively. Slovenia, Poland, and Greece demonstrated remarkable growth, with Slovenia at 46.22% and Greece at an impressive 78.05% year-on-year increase. Notably, the UK experienced a substantial drop at -26%. The five-year CAGR analysis indicates strong growth potential in emerging markets.
Future trends to watch include technological advancements and increased demand in emerging markets, potentially shifting export dynamics. Sustainable practices and innovations in casting processes could redefine market leader positions, with countries like Slovenia, Poland, and Greece emerging as significant contributors. Close monitoring of policy changes impacting global trade and environmental regulations will also be essential.
Top countries in Export of Casting Machines Used in Metallurgy, Foundries Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 33.32 | 2023 | -0.31% | +0.12% | View data |
| 2 | 2 Italy | 30.46 | 2023 | +1.54% | +1.95% | View data |
| 3 | 3 China | 9.79 | 2023 | +0.12% | +1.73% | View data |
| 4 | 4 Germany | 6.63 | 2023 | -1.89% | -2.65% | View data |
| 5 | 5 Switzerland | 6.39 | 2023 | +2.15% | +1.86% | View data |
| 6 | 6 South Korea | 5.29 | 2023 | +2.05% | -0.3% | View data |
| 7 | 7 Slovenia | 4.77 | 2023 | +4.62% | +46.22% | View data |
| 8 | 8 Singapore | 1.84 | 2023 | +5.59% | +1.9% | View data |
| 9 | 9 Austria | 1.67 | 2023 | +2.87% | +0.22% | View data |
| 10 | 10 Thailand | 1.18 | 2023 | +3.35% | +8.25% | View data |
