In Q4-2023 (pre-estimates) world trade of Metalworking Machine Tools recorded a year-over-year decrease (-2.8%) in EUR, after +5.6% y-o-y in the first 3 quarters of 2023. In cumulative terms, in year 2023 world trade of Metalworking Machine Tools recorded an overall year-over-year increase of +3.3% in EUR.
As regards major competitors, in year 2023 Italy, China, Germany and Korea were the best performers in exports of Metalworking Machine Tools compared to year 2022.