In 2023, Germany led the global export market share for rope or cable-making machines with 21.19% despite a slight decline. China's market share rose by 2.65%, reaching 19.89%, while Italy's share decreased by 2.24% to 10.36%. Notably, Denmark and Japan showed significant growth at 11.81% and 8.24%, respectively. Other countries like Brazil and Indonesia achieved remarkable increases of over 35%. Conversely, the United Kingdom faced a substantial decrease of over 31%. These variations highlight shifting dynamics within the market, with emerging exporters gaining momentum.
Future trends to watch include whether the rise of emerging exporters continues to challenge traditional leaders like Germany and Italy. Technological advancements and sustainability factors might influence competitive edges and market reshuffling among global players in the sector.
Top countries in Export of Rope or Cable-Making Machines Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 21.19 | 2023 | +2.58% | -1.47% | View data |
| 2 | 2 China | 19.89 | 2023 | +2.02% | +2.65% | View data |
| 3 | 3 Italy | 10.36 | 2023 | -3.2% | -2.24% | View data |
| 4 | 4 South Korea | 6.52 | 2023 | -1.08% | +1.98% | View data |
| 5 | 5 Czech Republic | 6.43 | 2023 | +1.39% | +2.85% | View data |
| 6 | 6 Belgium | 5.66 | 2023 | -5.76% | +7.22% | View data |
| 7 | 7 Finland | 4.47 | 2023 | -4.04% | -3.58% | View data |
| 8 | 8 Spain | 4.03 | 2023 | -2.99% | -1.21% | View data |
| 9 | 9 Austria | 3.24 | 2023 | -3.1% | -2.19% | View data |
| 10 | 10 Japan | 3 | 2023 | -0.87% | +8.24% | View data |
