China dominates the global export market for cast iron baths, accounting for over 60% of exports, though it experienced a slight decline of 2.62% in 2023. Spain and Portugal follow, but both showed declines around 7%. Some countries, such as Malaysia and Austria, saw significant increases of 8.57% and 253.85% respectively. Noteworthy high declines include the United States (-16.14%), Sweden (-17.75%), and Singapore (-20.63%). Belarus and Switzerland had notable growth, bucking the trend of decline in many regions.
Future trends indicate that market dynamics could shift if Asian and European countries continue their strategic focus on exports. Watch for emerging markets and technological advancements in manufacturing and supply chain efficiencies influencing export shares globally.
Top countries in Export of Baths of Cast Iron Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 60.44 | 2023 | -0.52% | -2.62% | View data |
| 2 | 2 Spain | 12.21 | 2023 | -7.9% | -7.76% | View data |
| 3 | 3 Portugal | 5.31 | 2023 | -7.14% | -7.11% | View data |
| 4 | 4 Russia | 3.69 | 2023 | -3.14% | -1.51% | View data |
| 5 | 5 Canada | 2.51 | 2023 | -3.53% | -5.96% | View data |
| 6 | 6 United Kingdom | 2.22 | 2023 | +0.89% | +1.86% | View data |
| 7 | 7 Italy | 1.32 | 2023 | -13.65% | -7.9% | View data |
| 8 | 8 United States | 1.27 | 2023 | -19.55% | -16.14% | View data |
| 9 | 9 Poland | 0.96 | 2023 | -14.07% | -11.82% | View data |
| 10 | 10 Malaysia | 0.94 | 2023 | -4.98% | +8.57% | View data |
