In Q4-2024 (pre-estimates) world trade of Metalworking Machine Tools recorded a year-over-year decrease (-3.2%) in EUR, after -9.8% y-o-y in the first 3 quarters of 2024. In cumulative terms, in 2024 world trade of Metalworking Machine Tools recorded a year-over-year decrease of -8.1% in EUR.
As regards major competitors, in 2024 China and Italy were the best performers in exports of Metalworking Machine Tools compared to year 2023, while Japan was by far the worst y-o-y performer.