In 2023, South Korea dominated the global export landscape of vitrifiable transfers, commanding a remarkable share of over 68%, exhibiting a steady growth with a year-on-year increase of 2.82%. China, holding the second-largest share, experienced robust growth of 5.57%. Meanwhile, the United Kingdom and the United States, while smaller players, registered declines of 2.2% and 3.76% respectively. Notably, emerging markets such as Belarus and Bulgaria showed significant growth, while Germany, Japan, and several European countries saw notable contractions. Slovenia witnessed an extraordinary increase in exports, marking a staggering 146.97% rise year-over-year.
Future trends to watch include potential shifts in production hubs due to technological advancements, increased environmental regulations, and diversifying global demand for vitrifiable transfers. South Korea and China are likely to strengthen their positions; however, emerging European markets and innovative manufacturers could disrupt the status quo, offering new growth trajectories.
Top countries in Export of Vitrifiable Transfers (Decalcomanias) Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 68.29 | 2023 | +5.49% | +2.82% | View data |
| 2 | 2 China | 17.35 | 2023 | -1.65% | +5.57% | View data |
| 3 | 3 United Kingdom | 1.78 | 2023 | +0.78% | -2.2% | View data |
| 4 | 4 United States | 1.52 | 2023 | -2.28% | -3.76% | View data |
| 5 | 5 Belarus | 0.95 | 2023 | +4.59% | +4.42% | View data |
| 6 | 6 Ukraine | 0.53 | 2023 | -2.92% | -3.12% | View data |
| 7 | 7 Norway | 0.38 | 2023 | +4.86% | +2.95% | View data |
| 8 | 8 Portugal | 0.36 | 2023 | +2.19% | +3.49% | View data |
| 9 | 9 Belgium | 0.32 | 2023 | +0.37% | -0.17% | View data |
| 10 | 10 France | 0.26 | 2023 | -9.92% | -0.93% | View data |
