In 2023, the global export of time-registers and time-recorders saw China standing out as the dominant exporter with a substantial volume, albeit with a slight decline of 2.58%. Slovenia and the United Kingdom, while smaller in volume, exhibited variations of -3.41% and 2.88%, respectively. Positive outliers included Poland and the Czech Republic with significant growth at 17.01% and 20.34%. Significant contractions were observed in Thailand and Singapore, experiencing decreases of 19.42% and 26.26%, respectively. Emerging markets like Greece and Chile showed impressive growth, over 100%, while several other countries experienced varied minor growth or decline.
Future trends to watch include:
- Potential recovery in markets with recent declines, like the United States and the Netherlands.
- Continued growth in Eastern European countries such as Poland and the Czech Republic may shift global supply dynamics.
- The impact of technological advancements on time-registers and time-recorders market.
- Increased focus on sustainability may drive innovation and influence export patterns.
Top countries in Export of Time-Registers and Time-Recorders by Country
| # | 10 Countries | Units | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 12,583,000 | 2023 | -1.39% | -2.58% | View data |
| 2 | 2 Slovenia | 252,430 | 2023 | -3.08% | -3.41% | View data |
| 3 | 3 United Kingdom | 165,380 | 2023 | +1.01% | +2.88% | View data |
| 4 | 4 United States | 84,640 | 2023 | -2.23% | -4.84% | View data |
| 5 | 5 Netherlands | 30,990 | 2023 | -4.69% | -3.25% | View data |
| 6 | 6 Thailand | 13,970 | 2023 | -25.75% | -19.42% | View data |
| 7 | 7 Russia | 12,520 | 2023 | +6.41% | +2.5% | View data |
| 8 | 8 Sweden | 11,900 | 2023 | -1.51% | -2.89% | View data |
| 9 | 9 Poland | 9,630 | 2023 | +3.75% | +17.01% | View data |
| 10 | 10 Brazil | 7,590 | 2023 | -0.71% | -3.36% | View data |