Germany remains the dominant exporter of machines for public works and building, holding a significant share of the global market, while the United States and China trail behind. Japan and the Czech Republic show notable year-on-year growth. France and the United Kingdom have faced challenges, with significant decreases in their export values. Emerging markets like Bosnia and Herzegovina, and African countries such as Senegal have shown impressive growth rates, indicating potential rising players in the sector. Conversely, the Philippines and Ukraine experienced marked declines in their exports.
Future trends may include the potential expansion of markets in Asia and Africa due to infrastructure development needs, while established European and North American markets might focus on technological innovation and sustainable machinery solutions. Watching China’s growth closely is advisable, as they are swiftly advancing their position in the global market. Furthermore, geopolitical factors could affect export dynamics, especially in regions experiencing economic or political instability.
Top countries in Export of Machines for Public Works, Building Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 54 | 2023 | +2.71% | +2.43% | View data |
| 2 | 2 United States | 9.14 | 2023 | +0.41% | -0.013% | View data |
| 3 | 3 China | 8.23 | 2023 | +4.18% | +3.02% | View data |
| 4 | 4 Italy | 6.23 | 2023 | +0.73% | +0.34% | View data |
| 5 | 5 Netherlands | 2.98 | 2023 | +2.74% | +1.88% | View data |
| 6 | 6 Denmark | 1.81 | 2023 | +3.03% | +3.9% | View data |
| 7 | 7 United Kingdom | 1.59 | 2023 | -2.62% | -2.01% | View data |
| 8 | 8 Japan | 1.52 | 2023 | +3.1% | +5.08% | View data |
| 9 | 9 Sweden | 1.44 | 2023 | +3.48% | +0.7% | View data |
| 10 | 10 Finland | 1.34 | 2023 | +3.19% | +1.15% | View data |