France: Market for Lathes For Removing Metal 2024

Market Size for Lathes For Removing Metal in France

After two years of growth, the French lathe for removing metal market decreased by -5.5% to $X in 2021. The market value increased at an average annual rate of +1.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Lathes For Removing Metal in France

In value terms, lathe for removing metal production fell to $X in 2021 estimated in export price. Overall, production showed a deep slump. The pace of growth appeared the most rapid in 2013 when the production volume increased by 78%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Exports of Lathes For Removing Metal

Exports from France

Lathe for removing metal exports from France skyrocketed to X units in 2021, rising by 52% against 2020 figures. In general, exports posted strong growth. The pace of growth appeared the most rapid in 2016 when exports increased by 145%. As a result, the exports reached the peak of X units. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, lathe for removing metal exports soared to $X in 2021. Overall, exports saw a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Switzerland (X units), Turkey (X units) and Germany (X units) were the main destinations of lathe for removing metal exports from France, with a combined 49% share of total exports. Italy, the UK, Morocco, Portugal, Pakistan, Spain, Tunisia, Belgium, India and Senegal lagged somewhat behind, together comprising a further 35%.

From 2012 to 2021, the biggest increases were recorded for Pakistan (with a CAGR of +61.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and Switzerland ($X) constituted the largest markets for lathe for removing metal exported from France worldwide, with a combined 50% share of total exports. Portugal, Turkey, Spain, Pakistan, Morocco, the UK, Tunisia, Belgium, India and Senegal lagged somewhat behind, together comprising a further 26%.

Among the main countries of destination, Pakistan, with a CAGR of +92.4%, recorded the highest growth rate of 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 2021, the average lathe for removing metal export price amounted to $X per unit, increasing by 15% against the previous year. In general, export price indicated modest growth from 2012 to 2021: its price increased at an average annual rate of +1.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, lathe for removing metal export price increased by +68.2% against 2016 indices. The growth pace was the most rapid in 2017 when the average export price increased by 42% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Senegal ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+19.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lathes For Removing Metal

Imports into France

In 2021, the amount of lathes for removing metal imported into France surged to X units, rising by 20% compared with 2020 figures. The total import volume increased at an average annual rate of +1.6% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when imports increased by 24% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, lathe for removing metal imports surged to $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern. Over the period under review, lafor removing metal imports hit record highs at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Belgium (X units) and Germany (X units) were the main suppliers of lathe for removing metal imports to France, together accounting for 65% of total imports. These countries were followed by Switzerland, Taiwan (Chinese), the Netherlands, Spain, Italy, Japan, South Korea and the United States, which together accounted for a further 29%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +61.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest lathe for removing metal suppliers to France were Switzerland ($X), Germany ($X) and Belgium ($X), together comprising 53% of total imports. These countries were followed by the Netherlands, Italy, Taiwan (Chinese), Spain, Japan, China, South Korea and the United States, which together accounted for a further 44%.

The Netherlands, with a CAGR of +62.1%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average lathe for removing metal import price stood at $X per unit in 2021, picking up by 7.6% against the previous year. Overall, the import price, however, showed a slight setback. The most prominent rate of growth was recorded in 2016 when the average import price increased by 35% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Switzerland ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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