The data shows China as the leading global exporter of blades for metal working machines, followed significantly by Germany. Notable growth trends over the past year include South Korea and Slovakia, while Japan and the United Kingdom faced declines. The medium-term CAGR highlights Japan's relative stagnation and South Korea's dynamic growth. Recent fluctuations in countries like Saudi Arabia and Kuwait suggest responsive smaller markets.
For the future, watch for technological advancements in blade design and production efficiency as potential growth drivers. Also, geopolitical and economic shifts could alter traditional export channels, paving ways for emerging markets to increase their share.
Top countries in Export of Blades for Metal Working Machines by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 239,150,000 | 2023 | +2.21% | +2.12% | View data |
| 2 | 2 Germany | 139,050,000 | 2023 | +1.96% | +1.7% | View data |
| 3 | 3 Netherlands | 43,309,000 | 2023 | +2.6% | +1.57% | View data |
| 4 | 4 Japan | 32,437,000 | 2023 | -0.32% | -3.34% | View data |
| 5 | 5 United States | 32,316,000 | 2023 | +0.26% | +0.19% | View data |
| 6 | 6 Italy | 22,923,000 | 2023 | +3.53% | +2.74% | View data |
| 7 | 7 Switzerland | 16,442,000 | 2023 | +2.87% | +2.66% | View data |
| 8 | 8 Hungary | 12,035,000 | 2023 | +2.61% | +2.48% | View data |
| 9 | 9 Austria | 10,572,000 | 2023 | +3.08% | +1.96% | View data |
| 10 | 10 United Kingdom | 10,436,000 | 2023 | -1.38% | -2.55% | View data |