In 2023, China dominated global exports of parts and accessories for metal cutting machine tools, contributing to 58.91% of the total share. Germany and South Korea followed with 7.38% and 4.47% respectively. Year-on-year variations displayed growth in several countries, notably France by 10.17% and Greece by 22.48%. Conversely, the United States decreased by 4.05%. The five-year CAGR indicates a stable demand with variations stemming largely from economic shifts and technological advancements.
Future trends to watch include increased automation and technological integration in metal cutting tooling, potentially altering country shares. Additionally, environmental and regulatory changes may impact manufacturing practices and export dynamics globally.
Top countries in Export of Parts, Accessories for Metal Cutting Machine Tools Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 58.91 | 2023 | +2.7% | +2.39% | View data |
| 2 | 2 Germany | 7.38 | 2023 | +1.6% | +1.88% | View data |
| 3 | 3 South Korea | 4.47 | 2023 | +2.14% | +1.06% | View data |
| 4 | 4 Poland | 2.78 | 2023 | +2.29% | +1.27% | View data |
| 5 | 5 Thailand | 2.65 | 2023 | +1.87% | +2.35% | View data |
| 6 | 6 Japan | 2.55 | 2023 | +0.57% | -2.3% | View data |
| 7 | 7 United States | 2.5 | 2023 | -0.053% | -4.05% | View data |
| 8 | 8 Italy | 2.48 | 2023 | +0.63% | +0.98% | View data |
| 9 | 9 Romania | 2.26 | 2023 | +0.055% | -0.7% | View data |
| 10 | 10 Belgium | 1.83 | 2023 | +3.91% | +3.48% | View data |
