In 2023, China led global exports of condensers for steam or vapor power units, holding a significant share, followed by South Korea and India. Countries like Romania and Bahrain showed remarkable growth, with Romania experiencing over a 300% increase. The United States saw a sharp decline, whereas Japan and Portugal increased their footprint notably. European countries like Spain, Italy, and Greece showed declines, with Germany also experiencing a double-digit fall.
Looking forward, future trends to watch include potential shifts in manufacturing dynamics due to technological advancements, sustainable energy initiatives influencing demand, and the impact of geopolitical factors on trade flows. The performance of emerging exporters like Romania and the stability of traditional markets like the U.S. and Germany will be key points to monitor.
Top countries in Export of Condensers for Steam or Vapour Power Units Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 48.94 | 2023 | +2.91% | +2.33% | View data |
| 2 | 2 South Korea | 17.27 | 2023 | +4.03% | +2.36% | View data |
| 3 | 3 India | 15.04 | 2023 | +5.19% | +2.47% | View data |
| 4 | 4 Indonesia | 6.9 | 2023 | +2.14% | +2.41% | View data |
| 5 | 5 Spain | 4.01 | 2023 | +3.37% | -0.1% | View data |
| 6 | 6 United States | 2.38 | 2023 | -7.8% | -9.47% | View data |
| 7 | 7 Japan | 0.78 | 2023 | -12.12% | +19.79% | View data |
| 8 | 8 Portugal | 0.4 | 2023 | +3.31% | +109.56% | View data |
| 9 | 9 Belgium | 0.3 | 2023 | +1.45% | +0.26% | View data |
| 10 | 10 Germany | 0.26 | 2023 | -15.82% | -12.16% | View data |
