The Largest Import Markets for Machine-Tool For Drilling - News and Statistics - IndexBox

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When it comes to the global import market for machine-tools for drilling, certain countries stand out as key players. According to data from the IndexBox market intelligence platform, the top-10 countries by import value in 2023 are the United States, China, Italy, Germany, India, Canada, the United Kingdom, Vietnam, Turkey, and Russia.

The United States takes the top spot as the world's largest importer of machine-tools for drilling, with an import value of $314.3 million USD in 2023. This is a significant indicator of the country's strong demand for these essential tools.

China follows closely behind the United States, with an import value of $166.2 million USD in 2023. The country's booming manufacturing industry and infrastructure development drive this high demand for machine-tools for drilling.

Italy secures the third position on the list with an import value of $147.1 million USD in 2023. The country's reputation for quality machinery and advanced manufacturing capabilities contribute to its significant imports of machine-tools for drilling.

Germany is another key player in the global import market for machine-tools for drilling, with an import value of $140.0 million USD in 2023. The country's high-tech manufacturing sector drives its demand for advanced drilling equipment.

India rounds out the top five import markets for machine-tools for drilling, with an import value of $120.7 million USD in 2023. The country's rapidly expanding industrial sector and infrastructure projects fuel this demand.

Canada ranks sixth on the list of top import markets, with an import value of $102.7 million USD in 2023. The country's thriving mining, energy, and construction industries drive the demand for machine-tools for drilling.

The United Kingdom follows closely behind Canada, with an import value of $99.0 million USD in 2023. The country's strong manufacturing base and infrastructure projects contribute to its significant imports of drilling equipment.

Vietnam secures the eighth position on the list, with an import value of $91.5 million USD in 2023. The country's rapidly growing industrial sector and infrastructure projects drive the demand for machine-tools for drilling.

Turkey is another significant import market for machine-tools for drilling, with an import value of $91.3 million USD in 2023. The country's diverse manufacturing sector and infrastructure projects fuel this demand.

Russia completes the top-10 list of import markets, with an import value of $89.3 million USD in 2023. The country's emphasis on modernizing its industrial sector and developing infrastructure projects contribute to its imports of drilling equipment.

Overall, these top import markets for machine-tools for drilling demonstrate the global demand for these essential tools across a range of industries and applications.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global machine-tool for drilling market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

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