Europe: Market for Lathes For Removing Metal 2024

Market Size for Lathes For Removing Metal in Europe

The Europe lathe for removing metal market dropped modestly to $X in 2022, remaining relatively unchanged against the previous year. Over the period under review, consumption, however, recorded a abrupt curtailment. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Lathes For Removing Metal in Europe

In value terms, lathe for removing metal production declined slightly to $X in 2022 estimated in export price. Overall, production faced a abrupt curtailment. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Exports of Lathes For Removing Metal

Exports in Europe

In 2022, approx. X units of lathes for removing metal were exported in Europe; surging by X% compared with the previous year. Overall, exports, however, showed a noticeable reduction. The most prominent rate of growth was recorded in 2021 with an increase of X%. The volume of export peaked at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, lathe for removing metal exports declined modestly to $X in 2022. Over the period under review, exports, however, saw a mild contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the lafor removing metal exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, the UK (X units) and Germany (X units) were the largest exporters of lathes for removing metal in Europe, together amounting to near X% of total exports. It was distantly followed by the Netherlands (X units), Italy (X units), Belgium (X units), North Macedonia (X units) and the Czech Republic (X units), together achieving a X% share of total exports. Spain (X units), France (X units), Belarus (X units), Switzerland (X units), Austria (X units) and Poland (X units) followed a long way behind the leaders.

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

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

In Germany, lathe for removing metal exports decreased by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (X% per year) and Belgium (X% per year).

Export Prices by Country

In 2022, the export price in Europe amounted to $X per unit, reducing by X% against the previous year. Overall, the export price, however, posted a measured increase. The growth pace was the most rapid in 2018 when the export price increased by X% against the previous year. 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.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while North Macedonia ($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 UK (X%), while the other leaders experienced more modest paces of growth.

Imports of Lathes For Removing Metal

Imports in Europe

In 2022, supplies from abroad of lathes for removing metal increased by X% to X units, rising for the second consecutive year after three years of decline. Total imports indicated a notable increase from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, lathe for removing metal imports soared to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of import peaked at $X in 2014; afterwards, it flattened through to 2022.

Imports by Country

The countries with the highest levels of lathe for removing metal imports in 2022 were Russia (X units), the Netherlands (X units) and the UK (X units), together accounting for X% of total import. Germany (X units) ranks next in terms of the total imports with a X% share, followed by Italy (X%), Andorra (X%) and Belgium (X%). France (X units), Switzerland (X units), Poland (X units), Spain (X units) and the Czech Republic (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Andorra (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 Europe were Germany ($X), Italy ($X) and Russia ($X), together comprising X% of total imports. Belgium, the Netherlands, France, Switzerland, the UK, Poland, the Czech Republic, Spain and Andorra lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Andorra, 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 Europe amounted to $X per unit, waning by X% against the previous year. Overall, the import price continues to indicate a noticeable descent. The pace of growth was the most pronounced in 2018 when the import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was France ($X per unit), while Andorra ($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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