The global export of hydraulic jacks and hoists, excluding those meant for garages, presents a diverse landscape. China leads the market by a significant margin, showing a growth of 1.94% in 2023. Notable growth is observed in the Philippines (26.65%) and Macedonia (50.61%), indicating budding markets. European countries like the Netherlands, Sweden, and the United Kingdom experienced declines, suggesting a shifting focus or consolidation. The United States had a slight decline, while countries like Brazil and India showed healthy improvements with over 10% growth in exports.
Future trends to watch include technological advancements and innovations in emerging markets which may increase demand. The geopolitical and economic landscape, especially in European countries, could influence shifts in export volumes, along with a push towards more sustainable and efficient solutions in manufacturing and transportation.
Top countries in Export of Hydraulic Jacks and Hoists Except for Garages by Country
| # | 10 Countries | Units | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 26,679,000 | 2023 | +1.91% | +1.94% | View data |
| 2 | 2 Netherlands | 810,040 | 2023 | -15.19% | -12.89% | View data |
| 3 | 3 Singapore | 545,860 | 2023 | +4.23% | +3.39% | View data |
| 4 | 4 Italy | 495,390 | 2023 | +2.1% | +2.22% | View data |
| 5 | 5 Germany | 343,290 | 2023 | +0.97% | +1.5% | View data |
| 6 | 6 United States | 200,570 | 2023 | +0.31% | -0.71% | View data |
| 7 | 7 Poland | 186,270 | 2023 | +0.14% | -0.31% | View data |
| 8 | 8 Romania | 165,560 | 2023 | +6.13% | +4.55% | View data |
| 9 | 9 India | 153,810 | 2023 | +5.44% | +3.55% | View data |
| 10 | 10 Belarus | 110,720 | 2023 | +3.83% | +6.52% | View data |
