EU: Market for Lathes For Removing Metal 2024

Market Size for Lathes For Removing Metal in the EU

The EU lathe for removing metal market declined to $X in 2022, shrinking by X% against the previous year. Overall, consumption saw a abrupt descent. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Lathes For Removing Metal in the EU

In value terms, lathe for removing metal production dropped to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt decrease. The pace of growth appeared the most rapid in 2018 with an increase of X%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

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Exports of Lathes For Removing Metal

Exports in the EU

In 2022, overseas shipments of lathes for removing metal increased by X% to X units, rising for the third year in a row after five years of decline. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of export peaked at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, lathe for removing metal exports contracted to $X in 2022. Overall, exports, however, continue to indicate a slight shrinkage. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Germany (X units), distantly followed by the Netherlands (X units), Italy (X units), Belgium (X units), the Czech Republic (X units), Spain (X units) and France (X units) were the key exporters of lathes for removing metal, together constituting X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the Netherlands (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest lathe for removing metal supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with a X% share of total exports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Germany totaled X%. In the other countries, the average annual rates were as follows: Italy (X% per year) and Belgium (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per unit in 2022, shrinking by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced more modest paces of growth.

Imports of Lathes For Removing Metal

Imports in the EU

In 2022, overseas purchases of lathes for removing metal increased by X% to X units, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to continue growth in the near future.

In value terms, lathe for removing metal imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, lafor removing metal imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, the Netherlands (X units), distantly followed by Germany (X units), Italy (X units), Belgium (X units), France (X units) and Poland (X units) were the key importers of lathes for removing metal, together creating X% of total imports. The following importers - Spain (X units), the Czech Republic (X units), Austria (X units), Hungary (X units) and Portugal (X units) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest lathe for removing metal importing markets in the European Union were Germany ($X), Italy ($X) and Belgium ($X), together accounting for X% of total imports. The Netherlands, France, Poland, the Czech Republic, Spain, Austria, Hungary and Portugal lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, the Netherlands, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per unit, falling by X% against the previous year. Overall, the import price continues to indicate a slight descent. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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