Which Country Imports the Most Lathes For Removing Metal in the World?

Metal-Forming Machinery And Machine Tools May 28, 2018
Author: Sergey Avramenko
Head of Global Markets Research Team

Which Country Imports the Most Lathes For Removing Metal in the World?

IndexBox has just published a new report "World: Lasers, Other Than Laser Diodes ; Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

In 2016, approx. 1.7M tonnes of laser were imported worldwide; picking up by 13% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume increased at an average annual rate of +7.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, laser imports increased by +86.4% against its level of 2007. The most prominent rate of growth was recorded in 2012, when imports increased by 15% y;o;y. Over the period under review, global laser imports attained its maximum volume in 2016, and are expected to retain its growth in the near future.

In value terms, laser imports amounted to $65B in 2016. Overall, laser imports continue to indicate a slight slump. Over the period under review, global laser imports reached its maximum level of $89B in 2013; however, from 2014 to 2016, it failed to regain its strength.

Top Laser Importing Countries in the World

1. China (38.0 billion USD)

2. China, Hong Kong SAR (3.8 billion USD)

3. Mexico (3.8 billion USD)

4. South Korea (2.8 billion USD)

5. Germany (0.8 billion USD)

6. Malaysia (0.7 billion USD)

7. Thailand (0.3 billion USD)

Laser Imports By Country

The countries with the highest levels of laser imports in 2016 were China (577K tonnes), South Korea (466K tonnes), and Mexico (320K tonnes), together resulting at 78% of total import. Germany (109K tonnes) held the second position in the ranking, followed by Malaysia (87K tonnes). All these countries together took near 11% share of total imports. China, Hong Kong SAR (45K tonnes), and Thailand (42K tonnes) held the minor share of total imports.

From 2007 to 2016, the most notable growth rate of laser imports, among the main importing countries, was attained by Malaysia (+42.8% per year), while the other global leaders experienced more modest paces of growth.

In value terms, China ($38B) constitutes the largest market for imported laser worldwide, making up 58% of global imports. The second position in the ranking was occupied by China, Hong Kong SAR ($3.8B), with the share of 6% of global imports. It was followed by Mexico, with the share of 6%.

From 2007 to 2016, the average annual growth rate of value of laser imports in China decreased by ;1.9%. The remaining importing countries recorded the following average annual rates: China, Hong Kong SAR (+0.3% per year) and Mexico (;5.0% per year).

Laser Import Prices By Country

The average laser import price stood at $37 per kg in 2016, lowering by ;25.5% against the previous year. Overall, laser import price continues to indicate a drastic drop. The growth pace was the most rapid in 2010, when import increased by 21% y;o;y. Over the period under review, average laser import price reached its maximum level of $84 per kg in 2008; however, from 2009 to 2016, it failed to regain its strength.

There were significant differences in the average import prices amongst major importing countries. In 2016, the country with the highest import prices was China, Hong Kong SAR ($86 per kg), while South Korea ($5,950 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of laser import prices was attained by South Korea (+5.5% per year), while the other global leaders experienced a decline in the import price figures.

Do you want to know more about global laser market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • laser market share
  • laser prices
  • laser industry
  • laser sales
  • laser import
  • laser export
  • laser market forecast
  • laser price forecast
  • key laser producers

All data provided in this article covers the following product: HS Code 9013 ; Liquid crystal devices not constituting articles provided for more specifically in other headings; lasers, not laser diodes; other optical appliances and instruments n.e.c. in this chapter.

Source: World: Lasers, Other Than Laser Diodes ; Market Report. Analysis and Forecast to 2025"

"IndexBox has just published a new report "World: Lathes For Removing Metal - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

In 2016, the global imports of lathe for removing metal stood at 641K tonnes, shrinking by -5.2% against the previous year figure. Overall, lathe for removing metal imports continue to indicate a slight slump. The pace of growth was the most pronounced in 2011, an increase of 22% y-o-y. Global lathe for removing metal import peaked of 779K tonnes in 2008- however, from 2009 to 2016, it failed to regain its strength.

In value terms, lathe for removing metal imports amounted to $5.9B in 2016. In general, lathe for removing metal imports continue to indicate a moderate deduction. Global lathe for removing metal import peaked of $8.4B in 2008- however, from 2009 to 2016, it failed to regain its strength.

Top Lathe For Removing Metal Importing Countries in the World

1. USA (825.1 million USD)

2. China (559.1 million USD)

3. Germany (469.7 million USD)

4. Belgium (310.5 million USD)

5. Italy (284.6 million USD)

6. Mexico (275.1 million USD)

7. Turkey (197.3 million USD)

8. Russia (184.8 million USD)

9. Japan (169.6 million USD)

10. South Korea (137.7 million USD)

11. United Kingdom (130.5 million USD)

12. India (115.1 million USD)

Lathe For Removing Metal Imports By Country

In 2016, Japan (118K tonnes), followed by Germany (77K tonnes), South Korea (61K tonnes), the U.S. (56K tonnes), and China (36K tonnes) were the major importers of lathe for removing metal, together constituting 54% of total imports. The following importers - Belgium (23K tonnes), Italy (22K tonnes), Mexico (19K tonnes), Turkey (14K tonnes), the UK (13K tonnes), Russia (12K tonnes), and India (11K tonnes) together made up 18% of total imports.

From 2007 to 2016, the most notable growth rate of lathe for removing metal imports, among the main importing countries, was attained by Germany (+6.2% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the U.S. ($825M), China ($559M) and Germany ($470M) were the countries with the highest levels of imports in 2016, together accounting for 31% of global imports.Belgium, Italy, Mexico, Turkey, Russia, Japan, South Korea, the UK and India lagged somewhat behind, together comprising a further 31%.

Japan (+8.4% per year) recorded the highest growth rate of lathe for removing metal imports, in terms of the main importing countries, over the last 9 year period, while the other global leaders experienced more modest paces of growth.

Lathe For Removing Metal Import Prices By Country

In 2016, the average import price for lathe for removing metal amounted to $9,225 per tonne, shrinking by -7.3% against the previous year. In general, lathe for removing metal import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011, when import price increased by 22% against the previous year level. Global lathe for removing metal import peaked of $11 per kg in 2008- however, from 2009 to 2016, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst major importing countries. In 2016, the country with the highest import prices was Russia ($16 per kg), while Japan ($1,432 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of lathe for removing metal import prices was attained by Japan (+8.0% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global lathe for removing metal market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • lathe for removing metal market share
  • lathe for removing metal prices
  • lathe for removing metal industry
  • lathe for removing metal sales
  • lathe for removing metal import
  • lathe for removing metal export
  • lathe for removing metal market forecast
  • lathe for removing metal price forecast
  • key lathe for removing metal producers

All data provided in this article covers the following product: HS Code 8458 - Lathes for removing metal.

Source: World: Lathes For Removing Metal - Market Report. Analysis and Forecast to 2025