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Report World - Lathes for Removing Metal - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

World - Lathes for Removing Metal - Market Analysis, Forecast, Size, Trends and Insights

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Overview of the Global Market for Lathes For Removing Metal

Market Size for Lathes For Removing Metal

For the third consecutive year, the global lathe for removing metal market recorded decline in sales value, which decreased by -1.8% to $X in 2021. In general, consumption, however, showed a abrupt curtailment. Over the period under review, the global market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Lathes For Removing Metal

In value terms, lathe for removing metal production reached $X in 2021 estimated in export price. In general, production, however, saw a pronounced contraction. The pace of growth appeared the most rapid in 2018 with an increase of 17% against the previous year. Over the period under review, global lafor removing metal production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Lathes For Removing Metal

Exports

In 2021, approx. X units of lathes for removing metal were exported worldwide; picking up by 32% against the previous year. In general, exports, however, saw a relatively flat trend pattern. The global exports peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, lathe for removing metal exports soared to $X in 2021. Over the period under review, exports, however, showed a noticeable slump. Over the period under review, the global lafor removing metal exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

China was the largest exporting country with an export of about X units, which recorded 32% of total exports. Taiwan (Chinese) (X units) held an 11% share (based on physical terms) of total exports, which put it in second place, followed by South Korea (8.6%), Italy (7.7%) and Belgium (6.1%). Japan (X units), the UK (X units), Australia (X units), India (X units), Germany (X units), the United States (X units), the Netherlands (X units) and Austria (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to lathe for removing metal exports from China stood at +2.7%. At the same time, Belgium (+23.6%), Australia (+22.5%), the Netherlands (+15.8%), South Korea (+11.3%), Italy (+10.6%), Austria (+7.5%) and Germany (+5.7%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in the world, with a CAGR of +23.6% from 2012-2021. By contrast, the United States (-1.6%), Japan (-3.5%), India (-6.5%), Taiwan (Chinese) (-8.5%) and the UK (-11.8%) illustrated a downward trend over the same period. China (+7.8 p.p.), South Korea (+5.4 p.p.), Belgium (+5.2 p.p.), Italy (+4.7 p.p.) and Australia (+2.8 p.p.) significantly strengthened its position in terms of the global exports, while India, the UK and Taiwan (Chinese) saw its share reduced by -2%, -8.2% and -12.6% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X), Germany ($X) and Taiwan (Chinese) ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 45% share of global exports. South Korea, China, Italy, the United States, Belgium, the Netherlands, Austria, the UK, India and Australia lagged somewhat behind, together comprising a further 39%.

Among the main exporting countries, the Netherlands, with a CAGR of +21.2%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced mixed trends in the exports figures.

Export Prices by Country

The average lathe for removing metal export price stood at $X per unit in 2021, falling by -2.7% against the previous year. Over the period under review, the export price recorded a mild slump. The most prominent rate of growth was recorded in 2016 when the average export price increased by 29% against the previous year. The global export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per unit), while Australia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+10.0%), while the other global leaders experienced more modest paces of growth.

Imports of Lathes For Removing Metal

Imports

In 2021, the amount of lathes for removing metal imported worldwide surged to X units, increasing by 38% compared with 2020. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 163%. As a result, imports attained the peak of X units. From 2015 to 2021, the growth of global imports remained at a somewhat lower figure.

In value terms, lathe for removing metal imports soared to $X in 2021. In general, imports, however, showed a noticeable downturn. Over the period under review, global lafor removing metal imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Canada (X units), the United States (X units), Spain (X units) and Belgium (X units) represented roughly 32% of total imports in 2021. The following importers - Germany (X units), China (X units), the UK (X units), the Netherlands (X units), Russia (X units), Turkey (X units), Italy (X units), Australia (X units) and India (X units) - together made up 27% of total imports.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +22.7%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Germany ($X) were the countries with the highest levels of imports in 2021, with a combined 30% share of global imports. Italy, Turkey, Russia, Belgium, the Netherlands, India, Canada, the UK, Spain and Australia lagged somewhat behind, together accounting for a further 31%.

The Netherlands, with a CAGR of +12.6%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global 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, shrinking by -9.6% against the previous year. Over the period under review, the import price recorded a noticeable reduction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 39%. Global import price peaked at $X per unit in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per unit), while Spain ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+3.6%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

South Africa constituted the country with the largest volume of lathe for removing metal consumption, accounting for 35% of total volume. Moreover, lathe for removing metal consumption in South Africa exceeded the figures recorded by the second-largest consumer, Japan, twofold. The third position in this ranking was occupied by China, with a 7.3% share.
The countries with the highest volumes of lathe for removing metal production in 2021 were Japan, China and India, together comprising 64% of global production.
In value terms, the largest lathe for removing metal supplying countries worldwide were Japan, Germany and South Korea, with a combined 47% share of global exports. These countries were followed by Taiwan Chinese), China, Italy, the United States, Belgium, Thailand, the Netherlands, Spain, the Czech Republic and India, which together accounted for a further 42%.
In value terms, the largest lathe for removing metal importing markets worldwide were the United States, China and Germany, with a combined 33% share of global imports. Belgium, the Netherlands, India, Switzerland, the UK, Thailand, South Korea, Singapore and South Africa lagged somewhat behind, together comprising a further 19%.
The average lathe for removing metal export price stood at $16,427 per unit in 2021, which is down by -9% against the previous year.
The average lathe for removing metal import price stood at $7,786 per unit in 2021, dropping by -11.8% against the previous year.

This report provides an in-depth analysis of the global market for lathe for removing metal. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28412123 - Numerically controlled horizontal lathes, turning centres, for removing metal
  • Prodcom 28412127 - Numerically controlled horizontal lathes, automatic lathes, for removing metal (excluding turning centres)
  • Prodcom 28412129 - Numerically controlled horizontal lathes, for removing metal (excluding turning centres, automatic lathes)
  • Prodcom 28412140 - Non-numerically controlled horizontal lathes, for removing metal
  • Prodcom 28412160 - Lathes, including turning centres, for removing metal (excluding horizontal lathes)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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