The 2023 analysis of global exports of clutches, shaft couplings, and universal joints shows China as the dominant player, accounting for a substantial share. Thailand, Malaysia, and India follow with notable but significantly smaller figures. A positive year-on-year trend is observed in several countries, including Peru and Belarus, with double-digit growth. Other countries like Brazil and Armenia experienced declines. Variations highlight a diverse landscape, with growth in countries like Uganda and performance dips in others like Chile and Azerbaijan.
Looking ahead, emerging markets and technological advancements in automotive and machinery sectors may influence export dynamics. Monitoring policy changes in key exporting countries will be critical to understanding future shifts in market shares.
Top countries in Export of Clutches, Shaft Couplings, Universal Joints Share by Country (Units)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 92.72 | 2023 | +2.42% | +2.69% | View data |
| 2 | 2 Thailand | 5.59 | 2023 | +4.77% | +4.32% | View data |
| 3 | 3 Malaysia | 3.91 | 2023 | +5.91% | +0.56% | View data |
| 4 | 4 India | 3.1 | 2023 | +1.48% | +2.54% | View data |
| 5 | 5 Russia | 0.89 | 2023 | +4.65% | +2.78% | View data |
| 6 | 6 Peru | 0.49 | 2023 | -0.83% | +5% | View data |
| 7 | 7 Belarus | 0.45 | 2023 | +4.44% | +6.14% | View data |
| 8 | 8 Brazil | 0.15 | 2023 | -16.3% | -9.59% | View data |
| 9 | 9 Botswana | 0.026 | 2023 | -3.86% | -1.41% | View data |
| 10 | 10 Norway | 0.011 | 2023 | +2.4% | +2.81% | View data |
