In 2023, Germany led global exports of dividing heads and attachments for machine tools, followed closely by Japan. Germany showed slight growth, while Japan experienced a decline. South Korea, Italy, and India demonstrated moderate growth. Notable growth was observed in Indonesia, Denmark, and Estonia. Switzerland and the Netherlands saw contractions. Emerging exporters like Chile and Bosnia and Herzegovina exhibited significant growth, albeit from a smaller base. Poland also showed notable progress.
Future trends to watch include further shifts in manufacturing bases to Asia, potential impacts of technology advancements, and sustainability demands influencing market dynamics.
Top countries in Export of Dividing Heads and Attachments for Machine Tools by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 169,560,000 | 2023 | +2.56% | +2.14% | View data |
| 2 | 2 Japan | 167,300,000 | 2023 | +1.11% | -6.36% | View data |
| 3 | 3 South Korea | 84,546,000 | 2023 | +4.24% | +2.94% | View data |
| 4 | 4 Italy | 78,870,000 | 2023 | +3.42% | +3.04% | View data |
| 5 | 5 United States | 69,457,000 | 2023 | +0.71% | +0.48% | View data |
| 6 | 6 India | 56,729,000 | 2023 | +4.53% | +3.34% | View data |
| 7 | 7 Austria | 47,433,000 | 2023 | +3.28% | +2.27% | View data |
| 8 | 8 China | 30,464,000 | 2023 | +3.73% | +3.74% | View data |
| 9 | 9 United Kingdom | 25,982,000 | 2023 | +4.11% | +1.48% | View data |
| 10 | 10 Switzerland | 22,381,000 | 2023 | -8.7% | -6.41% | View data |
