Overview of the Global Market for Lathes For Removing Metal

Market Size for Lathes For Removing Metal

In 2022, the global lathe for removing metal market increased by X% to $X, rising for the second consecutive year after four years of decline. Over the period under review, consumption, however, continues to indicate a abrupt shrinkage. Over the period under review, the global market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Lathes For Removing Metal

In value terms, lathe for removing metal production fell to $X in 2022 estimated in export price. In general, production saw a abrupt slump. The most prominent rate of growth was recorded in 2016 with an increase of X%. Global production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Exports of Lathes For Removing Metal

Exports

In 2022, shipments abroad of lathes for removing metal increased by X% to X units, rising for the second year in a row after two years of decline. In general, exports, however, saw a slight slump. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The global exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, lathe for removing metal exports rose remarkably to $X in 2022. Overall, exports, however, recorded a mild setback. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the global lafor removing metal exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China was the main exporting country with an export of around X units, which reached X% of total exports. Taiwan (Chinese) (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Japan (X%) and the UK (X%). Germany (X units), South Korea (X units), India (X units), the United States (X units), the Netherlands (X units), Italy (X units), Singapore (X units), Belgium (X units) and Thailand (X units) held a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to lathe for removing metal exports from China stood at X%. At the same time, the Netherlands (X%) and Thailand (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. The United States and Belgium experienced a relatively flat trend pattern. By contrast, Italy (X%), Singapore (X%), Germany (X%), Taiwan (Chinese) (X%), Japan (X%), South Korea (X%), India (X%) and the UK (X%) illustrated a downward trend over the same period. While the share of China (X p.p.) and the Netherlands (X p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Taiwan (Chinese) (X p.p.), South Korea (X p.p.), Japan (X p.p.), India (X p.p.) and the UK (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X), South Korea ($X) and Germany ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of global exports. China, Taiwan (Chinese), Italy, the United States, Belgium, the Netherlands, Thailand, the UK, Singapore and India lagged somewhat behind, together comprising a further X%.

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

Export Prices by Country

In 2022, the average lathe for removing metal export price amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% against the previous year. The global export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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 Japan ($X per unit), while India ($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 global leaders experienced more modest paces of growth.

Imports of Lathes For Removing Metal

Imports

In 2022, global imports of lathes for removing metal surged to X units, increasing by X% against 2021 figures. 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 most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, global lafor removing metal imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, lathe for removing metal imports expanded notably to $X in 2022. Overall, imports, however, continue to indicate a mild downturn. The pace of growth was the most pronounced in 2021 with an increase of X%. Global imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United States (X units), Canada (X units), Russia (X units), the Netherlands (X units), the UK (X units), India (X units), Germany (X units), Turkey (X units), Brazil (X units), Italy (X units), the Philippines (X units) and Chile (X units) represented the main importer of lathes for removing metal in the world, committing X% of total import. China (X units) took a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Chile (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported lathes for removing metal worldwide, comprising X% of global imports. The second position in the ranking was taken by Germany ($X), with an X% share of global imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual growth rate of value in the United States totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the average lathe for removing metal import price amounted to $X per unit, declining by X% against the previous year. Overall, the import price continues to indicate a pronounced setback. The growth pace was the most rapid in 2018 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the average import prices failed to regain momentum.

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 China ($X per unit), while Chile ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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