Non-numerically Controlled Lathe Market

Non-numerically controlled lathe market: enjoy the most recent statistics provided by an Ai-driven market intelligence platform. Data include production, consumption, companies, exports, trade, market prices, market size, and imports. Here is a split by country, including Latin America, the Middle East, Africa, the U.S., EU, the U.K., China, and Russia. Market trends and outlook to 2030 are also featured in the reports.

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Non-numerically Controlled Lathe - World's Largest Markets

In value terms, the largest non-numerically controlled lathe markets worldwide were China, Brazil and Japan, with a combined 39% share of the global market. France, the United States, India, Iran, Russia, Germany, Ethiopia, Australia, Ireland and the UK lagged somewhat behind, together comprising a further 26%.

In terms of the main consuming countries, Ireland (+181.9% per year) recorded the highest rates of growth with regard to market size, over the period under review, while non-numerically controlled lathe market for the other global leaders experienced more modest paces of growth.

Non-Numerically Controlled Lathe Prices

Non-Numerically Controlled Lathe - Top Importers

In value terms, the United States ($67M) constitutes the largest market for imported non-numerically controlled horizontal lathes, for removing metal worldwide, comprising 20% of global imports. The second position in the ranking was occupied by Germany ($22M), with a 6.5% share of global imports. It was followed by Russia, with a 5.9% share.

From 2018 to 2020, the average annual growth rate of value in the United States amounted to +2.2%. In the other countries, the average annual rates were as follows: Germany (-14.3% per year) and Russia (-1.5% per year).

Non-Numerically Controlled Lathe - Top Exporters

In value terms, China ($78M), Taiwan (Chinese) ($68M) and Germany ($23M) constituted the countries with the highest levels of exports in 2020, with a combined 57% share of global exports. These countries were followed by Austria, the United States, Italy, the UK, India, Poland, the Netherlands and Belgium, which together accounted for a further 17%.

Among the main exporting countries, Belgium (+54.4% per year) recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Non-Numerically Controlled Lathe - Market Forecast

Driven by increasing demand for non-numerically controlled lathe worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Non-numerically Controlled Lathe - Product Coverage

• HS 845819 - Lathes; for removing metal, horizontal, other than numerically controlled

Source: IndexBox Market Intelligence Platform