Report Update: Apr 1, 2024

Belgium - Lathes For Removing Metal - Market Analysis, Forecast, Size, Trends and Insights

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Price for Lathe for Removing Metal in Belgium - 2023

Price for Lathe for Removing Metal in Belgium (CIF) - 2023

In August 2023, the average lathe for removing metal import price amounted to $79,826 per unit, picking up by 11% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +2.5%. The most prominent rate of growth was recorded in January 2023 an increase of 14% month-to-month. Over the period under review, average import prices attained the peak figure in August 2023.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($88,353 per unit), while the price for Brazil ($39,396 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lathe for Removing Metal in Belgium (FOB) - 2023

The average lathe for removing metal export price stood at $70,945 per unit in August 2023, falling by -4.3% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 18% m-o-m. The export price peaked at $74,104 per unit in July 2023, and then fell in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was the United Arab Emirates ($183K per unit), while the average price for exports to India ($3,047 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+19.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lathe for Removing Metal in Belgium

In 2022, the amount of lathes for removing metal imported into Belgium amounted to 22K units, with an increase of 12% on 2021. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 401% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, lathe for removing metal imports surged to $314M in 2022. Over the period under review, imports saw a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 160%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Lathe for Removing Metal in Belgium (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	1.3	109	124	163	400.5%
United States	60.7	35.0	45.4	52.8	-4.5%
United Kingdom	N/A	28.7	35.9	41.6	20.4%
China	0.7	11.0	14.9	13.9	170.8%
France	0.4	2.4	3.1	1.8	65.1%
Netherlands	2.0	3.4	1.0	1.5	-9.1%
Malaysia	N/A	N/A	N/A	N/A	0%
Others	14.7	18.5	21.1	39.6	39.1%
Total	79.8	208	246	314	57.9%

Top Suppliers of Lathe for Removing Metal to Belgium in 2022:

China (17.6K units)
United States (1.0K units)
Japan (0.9K units)
Netherlands (0.5K units)
France (0.4K units)
Malaysia (0.4K units)
United Kingdom (0.3K units)

Exports of Lathe for Removing Metal in Belgium

In 2022, shipments abroad of lathes for removing metal decreased by -53.5% to 9.1K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 301%. Over the period under review, the lafor removing metal exports reached the peak figure at 19K units in 2021, and then reduced markedly in the following year.

In value terms, lathe for removing metal exports surged to $317M in 2022. In general, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 234%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Lathe for Removing Metal in Belgium (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	3.3	33.7	64.0	88.5	199.3%
Germany	5.2	46.4	61.2	73.6	141.9%
France	6.4	32.4	24.0	47.8	95.5%
Poland	4.9	13.7	20.2	18.9	56.8%
Czech Republic	2.1	4.3	7.7	12.0	78.8%
Hungary	0.8	3.8	9.1	9.7	129.7%
Netherlands	1.9	9.9	6.1	7.5	58.0%
Spain	3.0	3.1	4.6	4.7	16.1%
China	19.2	7.2	10.1	2.2	-51.4%
Others	14.2	49.0	32.6	52.6	54.7%
Total	60.9	204	240	317	73.3%

Top Export Markets for Lathe for Removing Metal from Belgium in 2022:

Germany (2680.0 units)
Czech Republic (2349.0 units)
Italy (988.0 units)
France (958.0 units)
Hungary (503.0 units)
Poland (451.0 units)
Spain (182.0 units)
Netherlands (96.0 units)
China (27.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for lathe for removing metal in Belgium. 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.

Product coverage:

Prodcom 28412123 - Numerically controlled horizontal lathes, turning centres, for removing metal
Prodcom 28412127 - Numerically controlled horizontal lathes, automatic lathes, for removing metal (excluding turning centres)
Prodcom 28412129 - Numerically controlled horizontal lathes, for removing metal (excluding turning centres, automatic lathes)
Prodcom 28412140 - Non-numerically controlled horizontal lathes, for removing metal
Prodcom 28412160 - Lathes, including turning centres, for removing metal (excluding horizontal lathes)

Country coverage:

Belgium

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Belgium
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023