In 2023, Italy emerged as the leading exporter of numerically controlled machine tools to bend, fold, shear, or press metal with a value of $591.46 million, followed by Germany and Austria. Notably, Canada and Czech Republic exhibited strong year-on-year growth with increases of 11.61% and 10.41% respectively. Some countries, such as Denmark and Ireland, experienced significant declines in export value. Chile showed a remarkable increase of 291.04%, while Pakistan demonstrated strong growth with a 48.36% rise. Over the past five years, various countries have seen modest growth, with some exceptions such as Slovenia and Oman showcasing significant increases.
Future trends to watch include potential market shifts due to advancements in technology and changing global demand patterns. The rise of emerging markets and continued innovation in machine tool technology could lead to increased competition and opportunities for growth. Monitoring geopolitical developments and trade policies will be essential as they could impact export dynamics globally.
Top countries in Export of Numerically Controlled Machine Tools To Bend, Fold, Shear or Press Metal by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 591,460,000 | 2023 | +2.48% | +1.88% | View data |
| 2 | 2 Germany | 419,260,000 | 2023 | +0.86% | +0.8% | View data |
| 3 | 3 Austria | 381,480,000 | 2023 | +3.05% | +2.25% | View data |
| 4 | 4 China | 186,740,000 | 2023 | +4.1% | +3.73% | View data |
| 5 | 5 Japan | 167,810,000 | 2023 | +3.54% | +1.17% | View data |
| 6 | 6 France | 135,670,000 | 2023 | +2.21% | +1.7% | View data |
| 7 | 7 United States | 109,980,000 | 2023 | +1.96% | +0.78% | View data |
| 8 | 8 Netherlands | 83,083,000 | 2023 | +3.14% | +1.68% | View data |
| 9 | 9 Belgium | 81,221,000 | 2023 | +1.24% | +0.83% | View data |
| 10 | 10 Switzerland | 72,120,000 | 2023 | +0.81% | -3.86% | View data |
