Product intelligence · HS 846490 · 2024 data

Machine-tools: for working stone, ceramics, concrete, asbestos-cement or like mineral materials or for cold working glass, (other than sawing, grinding or polishing machines)

Global exports of machine-tools: for working stone, ceramics, concrete, asbestos-cement or like mineral materials or for cold working glass, (other than sawing, grinding or polishing machines) totalled $1,007,033,893 in 2024, a -2.8% change from the previous year. Traded by 152 countries across 2,871 bilateral corridors, with demand from 192 importing markets. The long-term trend is declining.

Data: OECD BIMTS · Coverage: 19952024 · Updated: 2026-07-17

Global trade

$1.0B

-2.8% YoY

3Y / 5Y CAGR

-3.0%

5Y: -2.5%

Supply structure

Moderately concentrated

HHI 0.171

Volatility

Low

Score 4/100

1.

Market movement

In 2024, machine-tools: for working stone, ceramics, concrete, asbestos-cement or like mineral materials or for cold working glass, (other than sawing, grinding or polishing machines) trade exhibited slight decline, with global flows reaching $1,007,033,893 and a three-year compound annual growth rate of -3.0% (five-year: -2.5%). The all-time peak of $1,435,917,015 was recorded in 2014; the current level is 30% below that high-water mark.

Over the 30-year observation window (19952024), 52% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is steady (+0.4% acceleration).

The World Trade Flows Characterization classifies machine-tools: for working stone, ceramics, concrete, asbestos-cement or like mineral materials or for cold working glass, (other than sawing, grinding or polishing machines) as "One-way trade" in the unclassified price segment, providing additional context for market positioning and competitive dynamics.

2.

Supply & demand structure

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.171). The three largest exporters — Italy ($281.9M), China ($268.9M), and Germany ($108.7M) — collectively dominate supply flows. The leading exporter has grown at -7.5% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.037). The three largest import markets are United States ($129.6M), China ($64.1M), and Germany ($44.3M). The largest importing market sources from 48 different supplying countries.

The dominant trade corridor is China → India at $33.8M, representing 79.8% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for machine-tools: for working stone, ceramics, concrete, asbestos-cement or like mineral materials or for cold working glass, (other than sawing, grinding or polishing machines) is 4 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, contracting demand signals caution before committing resources. A moderately concentrated market rewards differentiated positioning and strategic partner selection.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.

Historical evidence

Annual trade value 19952024

Peak: $1,435,917,015 in 2014. Currently 30% below peak.

YearGlobal trade (USD)YoY growth
2015$1,077,838,326-24.9%
2016$1,094,026,577+1.5%
2017$1,171,690,181+7.1%
2018$1,232,867,897+5.2%
2019$1,143,298,717-7.3%
2020$978,317,384-14.4%
2021$1,105,011,501+13.0%
2022$1,100,567,109-0.4%
2023$1,036,125,079-5.9%
2024$1,007,033,893-2.8%

Top exporting countries

Ranked by export value of machine-tools: for working stone, ceramics, concrete, asbestos-cement or like mineral materials or for cold working glass, (other than sawing, grinding or polishing machines) in 2024.

View all 152 exporters →

Top importing markets

Largest import destinations for machine-tools: for working stone, ceramics, concrete, asbestos-cement or like mineral materials or for cold working glass, (other than sawing, grinding or polishing machines).

View all 192 markets →

Leading trade corridors

Largest bilateral export flows for machine-tools: for working stone, ceramics, concrete, asbestos-cement or like mineral materials or for cold working glass, (other than sawing, grinding or polishing machines), ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1ChinaIndia$33.8M-24.8%
2ItalyUnited States$32.9M-3.5%
3JapanChina$31.9M-22.6%
4ChinaUnited States$25.1M+5.6%
5ItalyCanada$20.9M+6.7%
6ChinaVietnam$20.8M+21.7%
7ItalyTürkiye$16.9M+35.0%
8ItalyUnited Kingdom$15.7M+12.7%

Showing top 8 of 10 corridors with available data for 2024.

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Sources, definitions & methodology

Data source

OECD Bilateral International Merchandise Trade Statistics (BIMTS). Aggregated from 312M+ reported trade records across 200+ countries and 5,300+ HS6 product codes. Coverage: 19952024.

Key indicators

HHI (Herfindahl-Hirschman Index): market concentration, 0 = fully diversified, 1 = single player. CAGR: compound annual growth rate over a stated period. Volatility score: trade value variability, 0–100 scale.

How this page is made

All statistical content on this page is data-driven, composed programmatically from live OECD trade records. No generic AI-generated prose is used. Analytical paragraphs combine real data points with factual interpretation. This page was last refreshed on 2026-07-17.