In 2023, China led the global exports of machines for manufacturing or hot working glass with a significant share, followed by South Korea and Italy. Growth in exports showed significant gains from countries such as Zambia and Bosnia and Herzegovina, with Zambia experiencing the highest increase at 140.24%. Conversely, countries like Poland and South Africa witnessed notable declines. Romania, Singapore, and Spain marked positive growth, while traditional exporters like Germany and the United Kingdom experienced moderate growth. Slovenia recorded a robust gain of 15.54%.
Future trends to watch include potential shifts in export power driven by technological innovation and automation. China's leadership remains strong, yet new entrants may disrupt the market dynamics. Key regions are expected to adapt to heightened demand for more efficient glass manufacturing technologies as sustainability and eco-friendly processes gain traction globally.
Top countries in Export of Machines for Manufacturing or Hot Working Glass Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 17.78 | 2023 | +3.9% | +4.58% | View data |
| 2 | 2 South Korea | 15.18 | 2023 | +5.53% | +6.04% | View data |
| 3 | 3 Italy | 13.15 | 2023 | +0.85% | +0.84% | View data |
| 4 | 4 Finland | 12.88 | 2023 | +3.16% | +3.7% | View data |
| 5 | 5 United States | 10.24 | 2023 | +2.7% | +2.66% | View data |
| 6 | 6 Germany | 9.9 | 2023 | +1.47% | +0.045% | View data |
| 7 | 7 Malaysia | 9.53 | 2023 | +4.44% | +3.5% | View data |
| 8 | 8 Sweden | 4.92 | 2023 | +1.48% | +3.69% | View data |
| 9 | 9 United Kingdom | 4.59 | 2023 | +3.23% | +2.08% | View data |
| 10 | 10 Japan | 4.15 | 2023 | -1.43% | +3.79% | View data |