The 2024 forecast for the global export of machinery for making or repairing footwear reveals China's leading position, with a significant increase in year-on-year volume. Italy and South Korea follow but exhibit negative growth trends. Notable growth is observed in smaller exporters like Albania, Greece, and Moldova, indicating dynamic shifts in the market. Japan shows remarkable growth, signaling a potential uptick in competitiveness. However, established exporters like Germany and Spain are facing declining trends.
Future trends to watch include:
- Continued dominance of China, possibly expanding its market share further.
- Italy's strategy to counter current negative trends in export volumes.
- Increasing roles of emerging countries like Greece, Serbia, and Japan in the global market.
- Potential technological advancements and automation influencing export dynamics.
Top countries in Export of Machinery for Making or Repairing Footwear by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 6,734,400 | 2023 | +1.45% | +2.01% | View data |
| 2 | 2 Italy | 4,013,700 | 2023 | -4.63% | -3.67% | View data |
| 3 | 3 South Korea | 3,269,600 | 2023 | +0.94% | -0.097% | View data |
| 4 | 4 Romania | 443,880 | 2023 | +1.94% | +2.14% | View data |
| 5 | 5 Germany | 292,710 | 2023 | -8.5% | -8.44% | View data |
| 6 | 6 Spain | 248,900 | 2023 | -3.27% | -2.68% | View data |
| 7 | 7 Brazil | 109,410 | 2023 | -6.95% | -4.67% | View data |
| 8 | 8 Albania | 108,930 | 2023 | +2.43% | +4.54% | View data |
| 9 | 9 Bulgaria | 87,560 | 2023 | +3.18% | +2.61% | View data |
| 10 | 10 Bosnia and Herzegovina | 74,860 | 2023 | +3.03% | +9.1% | View data |
