Germany (31.91%) and Japan (29.53%) are leaders in the global export of machining centers for working metal, with Germany showing positive growth (2.77%) while Japan experienced a decline (-3.98%). South Korea (7.44%) and the United States (6.93%) indicate moderate share positions, both with slight positive growth. Belgium (4.92%) registered a notable increase in its share (2.95%), while Italy (3.6%) saw modest growth (1.53%). Switzerland's (2.39%) share decreased, contrasting China's rise (2.45%) alongside impressive surges in Indonesia (50.08%) and Ireland (35.97%). Countries like Slovenia and Greece also demonstrated remarkable growth.
Future trends to watch include the recovery or retreat of Japan's market share, potential sustained growth for Germany and China, and whether emerging markets like Indonesia and Ireland continue their rapid growth. Additionally, shifts in technology and production processes could influence key exporters like the United States, impacting overall market dynamics.
Top countries in Export of Machining Centres for Working Metal Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 31.91 | 2023 | +2.8% | +2.77% | View data |
| 2 | 2 Japan | 29.53 | 2023 | -0.22% | -3.98% | View data |
| 3 | 3 South Korea | 7.44 | 2023 | +3.2% | +1.8% | View data |
| 4 | 4 United States | 6.93 | 2023 | +1.89% | +2.03% | View data |
| 5 | 5 Belgium | 4.92 | 2023 | +3.56% | +2.95% | View data |
| 6 | 6 Italy | 3.6 | 2023 | +1.49% | +1.53% | View data |
| 7 | 7 Switzerland | 2.39 | 2023 | +0.26% | -2.53% | View data |
| 8 | 8 China | 2.14 | 2023 | +3.2% | +2.45% | View data |
| 9 | 9 United Kingdom | 1.56 | 2023 | +0.91% | -0.13% | View data |
| 10 | 10 Singapore | 1.52 | 2023 | +2.88% | +2.55% | View data |
