Eastern Asia: Non-Numerically Controlled Lathe Market 2025

Non-Numerically Controlled Lathe Market Size in Eastern Asia

The East Asian non-numerically controlled lathe market reduced notably to $X in 2021, shrinking by -15.2% against the previous year. Overall, consumption recorded a mild decrease. The level of consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Non-Numerically Controlled Lathe Production in Eastern Asia

In value terms, non-numerically controlled lathe production dropped modestly to $X in 2021 estimated in export price. Overall, production, however, saw a slight downturn. The most prominent rate of growth was recorded in 2016 with an increase of 35% against the previous year. Over the period under review, non-numerically controlled laproduction hit record highs at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Non-Numerically Controlled Lathe Exports

Exports in Eastern Asia

In 2021, approx. X units of non-numerically controlled horizontal lathes, for removing metal were exported in Eastern Asia; jumping by 35% on 2020 figures. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 45%. Over the period under review, the non-numerically controlled laexports attained the peak figure at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, non-numerically controlled lathe exports surged to $X in 2021. Over the period under review, exports, however, showed a pronounced descent. The most prominent rate of growth was recorded in 2019 when exports increased by 35%. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

China dominates exports structure, finishing at X units, which was approx. 89% of total exports in 2021. It was distantly followed by Taiwan (Chinese) (X units), creating a 7% share of total exports. Japan (X units) held a relatively small share of total exports.

Exports from China increased at an average annual rate of +1.3% from 2012 to 2021. At the same time, Taiwan (Chinese) (+8.1%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +8.1% from 2012-2021. By contrast, Japan (-13.0%) illustrated a downward trend over the same period. While the share of China (+11 p.p.) and Taiwan (Chinese) (+3.6 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Japan (-5.2 p.p.) displayed negative dynamics.

In value terms, China ($X) remains the largest non-numerically controlled lathe supplier in Eastern Asia, comprising 64% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 25% share of total exports.

In China, non-numerically controlled lathe exports decreased by an average annual rate of -2.9% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Taiwan (Chinese) (+6.5% per year) and Japan (-13.9% per year).

Export Prices by Country

In 2021, the export price in Eastern Asia amounted to $X per unit, approximately reflecting the previous year. In general, the export price continues to indicate a perceptible contraction. The pace of growth appeared the most rapid in 2017 an increase of 5.6% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Taiwan (Chinese) ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (-1.1%), while the other leaders experienced a decline in the export price figures.

Non-Numerically Controlled Lathe Imports

Imports in Eastern Asia

In 2021, after three years of decline, there was significant growth in purchases abroad of non-numerically controlled horizontal lathes, for removing metal, when their volume increased by 13% to X units. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by 28% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, non-numerically controlled lathe imports soared to $X in 2021. Overall, imports, however, showed a mild downturn. Over the period under review, non-numerically controlled laimports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China represented the largest importing country with an import of about X units, which recorded 65% of total imports. Japan (X units) took a 26% share (based on physical terms) of total imports, which put it in second place, followed by South Korea (8.1%).

China was also the fastest-growing in terms of the non-numerically controlled horizontal lathes, for removing metal imports, with a CAGR of +4.2% from 2012 to 2021. Japan (-3.9%) and South Korea (-4.2%) illustrated a downward trend over the same period. While the share of China (+21 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of South Korea (-3.6 p.p.) and Japan (-10.4 p.p.) displayed negative dynamics.

In value terms, China ($X) constitutes the largest market for imported non-numerically controlled horizontal lathes, for removing metal in Eastern Asia, comprising 82% of total imports. The second position in the ranking was held by Japan ($X), with an 11% share of total imports.

In China, non-numerically controlled lathe imports increased at an average annual rate of +2.8% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Japan (-1.2% per year) and South Korea (-14.1% per year).

Import Prices by Country

In 2021, the import price in Eastern Asia amounted to $X per unit, increasing by 26% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The level of import peaked at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was China ($X per unit), while Japan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+2.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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