In 2023, India led the global export market of distilling or rectifying plant units with a share of 53.83%, followed by China at 32.29%. Switzerland, the United States, Belarus, Malaysia, Colombia, and Bahrain followed with significantly smaller shares. Over the past two years, India saw a modest growth of 2.13%, while China's exports grew by 4.14%. Switzerland and the United States experienced declines of 9.23% and 13.85% respectively. Notably, Bahrain's share dropped dramatically by 100%. Over the last five years, export shares have varied, indicating shifting dynamics in the global market.
Looking ahead, key trends to watch in the distilling and rectifying plant export market include the potential for emerging markets to increase their share, technological advancements boosting manufacturing efficiencies, and shifts in global demand impacting the balance of trade among leading exporting countries.
Top countries in Export of Distilling or Rectifying Plant Share by Country (Units)
| # | 8 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 53.83 | 2023 | +6.45% | +2.13% | View data |
| 2 | 2 China | 32.29 | 2023 | +5.24% | +4.14% | View data |
| 3 | 3 Switzerland | 1.56 | 2023 | -0.33% | -9.23% | View data |
| 4 | 4 United States | 0.41 | 2023 | -14.54% | -13.85% | View data |
| 5 | 5 Belarus | 0.15 | 2023 | +5.22% | +6.04% | View data |
| 6 | 6 Malaysia | 0.017 | 2023 | -5.06% | -10.69% | View data |
| 7 | 7 Colombia | 0.002 | 2023 | 0% | +37.97% | View data |
| 8 | 8 Bahrain | 0 | 2023 | -100% | -100% | View data |
