In 2023, Germany and China dominated the global export of hydraulic presses for working metal, holding significant shares. While Germany saw a slight decline, China, Italy, and Spain showed positive growth trends. Notably, Canada and Malaysia experienced remarkable growth rates, signaling their rising presence in the market. Conversely, Japan and Switzerland encountered substantial declines in exports.
Future trends to watch include China's continued growth trajectory and the potential for emerging markets like Malaysia and Egypt to increase their market presence. Monitoring technological advancements and trade policies will also be crucial for understanding shifts in export dynamics.
Top countries in Export of Hydraulic Presses for Working Metal Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 20.75 | 2023 | -0.13% | -0.42% | View data |
| 2 | 2 China | 19.79 | 2023 | +3.47% | +2.79% | View data |
| 3 | 3 Italy | 17.8 | 2023 | +2.85% | +1.85% | View data |
| 4 | 4 Spain | 6.7 | 2023 | +3.91% | +1.88% | View data |
| 5 | 5 United States | 5.4 | 2023 | +1.42% | -1.64% | View data |
| 6 | 6 South Korea | 4.51 | 2023 | +1.53% | +0.46% | View data |
| 7 | 7 Japan | 3.4 | 2023 | -16.29% | -14.11% | View data |
| 8 | 8 Canada | 3.2 | 2023 | +4.48% | +17.27% | View data |
| 9 | 9 Sweden | 2.21 | 2023 | -2.19% | -3.64% | View data |
| 10 | 10 Slovakia | 1.83 | 2023 | +4.53% | +2.3% | View data |