Italy - Lathes For Removing Metal - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

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

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Price for Lathe for Removing Metal in Italy - 2023

Contents:

  1. Price for Lathe for Removing Metal in Italy (CIF) - 2022
  2. Price for Lathe for Removing Metal in Italy (FOB) - 2022
  3. Imports of Lathe for Removing Metal in Italy
  4. Exports of Lathe for Removing Metal in Italy

Price for Lathe for Removing Metal in Italy (CIF) - 2022

The average lathe for removing metal import price stood at $75,572 per unit in 2022, increasing by 58% against the previous year. Over the period under review, the import price continues to indicate a temperate increase. The growth pace was the most rapid in 2018 when the average import price increased by 212% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($271,756 per unit), while the price for China ($8,574 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lathe for Removing Metal in Italy (FOB) - 2022

The average lathe for removing metal export price stood at $4,338 per unit in 2022, with a decrease of -69.3% against the previous year. In general, the export price continues to indicate a sharp reduction. The pace of growth appeared the most rapid in 2019 an increase of 580%. As a result, the export price reached the peak level of $108,931 per unit. From 2020 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($23,142 per unit), while the average price for exports to Peru ($298 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+1.5%), while the prices for the other major destinations experienced a decline.

Imports of Lathe for Removing Metal in Italy

In 2022, approx. 6.3K units of lathes for removing metal were imported into Italy; with a decrease of -14.7% against the previous year's figure. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 20% against the previous year. As a result, imports reached the peak of 7.4K units, and then dropped in the following year.

In value terms, lathe for removing metal imports soared to $477M in 2022. In general, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 85%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Lathe for Removing Metal in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea80.538.091.310710.0%
Japan62.219.659.185.911.4%
Germany36.528.942.171.325.0%
Belgium52.128.644.563.06.5%
Spain23.913.527.030.48.3%
Taiwan (Chinese)13.77.712.030.230.1%
Netherlands23.614.222.328.46.4%
China16.113.912.617.42.6%
France12.85.517.613.82.5%
Czech Republic11.99.69.511.3-1.7%
Austria4.32.44.75.26.5%
United States1.21.6N/A1.712.3%
Others15.08.411.211.4-8.7%
Total35419235447710.5%

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

  1. China (2033.0 units)
  2. South Korea (1186.0 units)
  3. Japan (695.0 units)
  4. Germany (471.0 units)
  5. Taiwan (Chinese) (399.0 units)
  6. Netherlands (251.0 units)
  7. Belgium (232.0 units)
  8. United States (188.0 units)
  9. Spain (157.0 units)
  10. France (139.0 units)
  11. Austria (122.0 units)
  12. Czech Republic (117.0 units)

Exports of Lathe for Removing Metal in Italy

In 2022, lathe for removing metal exports from Italy skyrocketed to 85K units, jumping by 244% on the year before. Overall, exports posted significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 494%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, lathe for removing metal exports rose markedly to $367M in 2022. In general, exports, however, saw a perceptible setback. The pace of growth was the most pronounced in 2021 with an increase of 34% against the previous year. The exports peaked at $393M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Lathe for Removing Metal in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany87.352.182.886.1-0.5%
United States39.953.645.057.412.9%
France38.313.526.924.4-14.0%
Turkey4.59.516.319.563.0%
Switzerland16.09.47.015.1-1.9%
Mexico5.61.73.013.132.7%
India6.69.212.08.27.5%
United Arab Emirates0.61.10.52.254.2%
Algeria0.40.3N/A1.762.0%
Ethiopia0.1N/AN/A1.3135.1%
Peru0.20.20.41.071.0%
Others194108154137-10.9%
Total393259348367-2.3%

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

  1. Switzerland (42.5K units)
  2. Turkey (5.3K units)
  3. United States (4.2K units)
  4. Germany (3.7K units)
  5. Peru (3.3K units)
  6. Algeria (2.4K units)
  7. France (2.1K units)
  8. Mexico (1.4K units)
  9. India (1.4K units)
  10. Ethiopia (1.4K units)
  11. United Arab Emirates (1.3K units)

Source: IndexBox Market Intelligence Platform

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

  • Italy

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Italy
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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