China remains the dominant exporter, holding a significant share despite a slight decrease of 3.54% in 2023. Japan and India saw moderate growth at 2.36% and 2.51% respectively, with Thailand experiencing noteworthy growth of 11.1%. Russia and Czech Republic have shown significant year-on-year increases of 19.88% and 18.01%, respectively. However, notable declines were recorded in Germany (-19.61%) and South Korea (-11.42%). Smaller economies like Latvia and Lithuania displayed extraordinary growth rates, albeit from small bases.
Future trends may see China maintaining leadership but with increasing competition from Japan, India, and emerging markets like Thailand and Eastern European countries gaining momentum. Regional trade agreements and environmental regulations could also influence future export dynamics.
Top countries in Export of Parts of Steam, Vapour Generating Boiler Auxiliary Plant Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 43.4 | 2023 | -1.67% | -3.54% | View data |
| 2 | 2 Japan | 10.39 | 2023 | +3.3% | +2.36% | View data |
| 3 | 3 India | 8.24 | 2023 | +3.93% | +2.51% | View data |
| 4 | 4 Thailand | 7.7 | 2023 | +3.21% | +11.1% | View data |
| 5 | 5 Philippines | 5.47 | 2023 | +4.18% | +5.62% | View data |
| 6 | 6 Finland | 4.22 | 2023 | +2.38% | -0.22% | View data |
| 7 | 7 Mexico | 3.41 | 2023 | +3.21% | +5.12% | View data |
| 8 | 8 Poland | 2.99 | 2023 | +4.14% | +2.68% | View data |
| 9 | 9 Russia | 2.95 | 2023 | -1.67% | +19.88% | View data |
| 10 | 10 South Korea | 1.73 | 2023 | -19.32% | -11.42% | View data |
