EU: Non-Numerically Controlled Lathe Market 2024

Non-Numerically Controlled Lathe Market Size in the EU

The EU non-numerically controlled lathe market fell significantly to $X in 2022, which is down by X% against the previous year. The total consumption indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2018 indices. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Non-Numerically Controlled Lathe Production in the EU

In value terms, non-numerically controlled lathe production shrank markedly to $X in 2022 estimated in export price. Overall, production continues to indicate a slight descent. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Non-Numerically Controlled Lathe Exports

Exports in the EU

In 2022, overseas shipments of non-numerically controlled horizontal lathes, for removing metal increased by X% to X units, rising for the second year in a row after two years of decline. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the non-numerically controlled laexports hit record highs at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, non-numerically controlled lathe exports rose notably to $X in 2022. Over the period under review, exports, however, saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the non-numerically controlled laexports hit record highs at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

The biggest shipments were from Germany (X units), Bulgaria (X units), Italy (X units), Belgium (X units), the Netherlands (X units), the Czech Republic (X units), France (X units), Slovakia (X units), Austria (X units) and Spain (X units), together recording X% of total export.

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 ($X), Italy ($X) and Bulgaria ($X) constituted the countries with the highest levels of exports in 2022, together comprising X% of total exports. Slovakia, Austria, Belgium, the Czech Republic, Spain, France and the Netherlands lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, the Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per unit, standing approx. at the previous year. Over the period under review, the export price, however, saw a mild slump. The growth pace was the most rapid in 2019 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2012; however, from 2013 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 Austria ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the other leaders experienced mixed trends in the export price figures.

Non-Numerically Controlled Lathe Imports

Imports in the EU

After three years of decline, purchases abroad of non-numerically controlled horizontal lathes, for removing metal increased by X% to X units in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, non-numerically controlled lathe imports expanded markedly to $X in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Over the period under review, non-numerically controlled laimports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands represented the main importing country with an import of around X units, which resulted at X% of total imports. Germany (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Belgium (X%), Italy (X%), Poland (X%) and Spain (X%). Austria (X units), Denmark (X units), the Czech Republic (X units), France (X units) and Hungary (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to non-numerically controlled lathe imports into the Netherlands stood at X%. At the same time, Denmark (X%), Spain (X%), Hungary (X%) and Poland (X%) displayed positive paces of growth. Moreover, Denmark emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. Belgium experienced a relatively flat trend pattern. By contrast, Germany (X%), Austria (X%), France (X%), Italy (X%) and the Czech Republic (X%) illustrated a downward trend over the same period. The Netherlands (X p.p.), Spain (X p.p.), Denmark (X p.p.) and Poland (X p.p.) significantly strengthened its position in terms of the total imports, while Italy and the Czech Republic saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported non-numerically controlled horizontal lathes, for removing metal in the European Union, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with an X% share of total imports. It was followed by Spain, with a X% share.

In Germany, non-numerically controlled lathe imports decreased by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Italy (X% per year) and Spain (X% per year).

Import Prices by Country

The import price in the European Union stood at $X per unit in 2022, surging by X% against the previous year. Over the period under review, the import price saw mild growth. The growth pace was the most rapid in 2016 when the import price increased by X%. Over the period under review, import prices attained the peak figure in 2022 and is likely to continue growth in years to come.

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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