Northern America: Non-Numerically Controlled Lathe Market 2025

Non-Numerically Controlled Lathe Market Size in Northern America

The North American non-numerically controlled lathe market expanded rapidly to $X in 2021, with an increase of 14% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Non-Numerically Controlled Lathe Production in Northern America

In value terms, non-numerically controlled lathe production shrank dramatically to $X in 2021 estimated in export price. Over the period under review, production recorded a deep setback. The pace of growth was the most pronounced in 2013 with an increase of 3.4% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Non-Numerically Controlled Lathe Exports

Exports in Northern America

Non-numerically controlled lathe exports skyrocketed to X units in 2021, picking up by 101% against the year before. Total exports indicated a tangible increase from 2012 to 2021: its volume increased at an average annual rate of +3.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-numerically controlled lathe exports skyrocketed to $X in 2021. Overall, exports, however, continue to indicate a slight decrease. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

The United States was the largest exporting country with an export of about X units, which accounted for 59% of total exports. It was distantly followed by Canada (X units), comprising a 41% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Canada (with a CAGR of +43.8%).

In value terms, the largest non-numerically controlled lathe supplying countries in Northern America were Canada ($X) and the United States ($X).

Canada, with a CAGR of +22.7%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2021, picking up by 4.3% against the previous year. In general, the export price, however, showed a pronounced curtailment. The growth pace was the most rapid in 2020 when the export price increased by 17%. The level of export peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, the country with the highest price was Canada ($X per unit), while the United States stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-5.7%).

Non-Numerically Controlled Lathe Imports

Imports in Northern America

In 2021, after two years of decline, there was significant growth in purchases abroad of non-numerically controlled horizontal lathes, for removing metal, when their volume increased by 39% to X units. The total import volume increased at an average annual rate of +2.6% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, non-numerically controlled lathe imports soared to $X in 2021. Over the period under review, imports, however, recorded a slight slump. The most prominent rate of growth was recorded in 2019 when imports increased by 17% against the previous year. Over the period under review, non-numerically controlled laimports hit record highs at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United States (X units) was the major importer of non-numerically controlled horizontal lathes, for removing metal, achieving 81% of total imports. It was distantly followed by Canada (X units), making up a 19% share of total imports.

Imports into the United States increased at an average annual rate of +1.1% from 2012 to 2021. At the same time, Canada (+12.8%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer imported in Northern America, with a CAGR of +12.8% from 2012-2021. While the share of Canada (+11 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of the United States (-11 p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported non-numerically controlled horizontal lathes, for removing metal in Northern America, comprising 89% of total imports. The second position in the ranking was taken by Canada ($X), with an 11% share of total imports.

In the United States, non-numerically controlled lathe imports plunged by an average annual rate of -1.8% over the period from 2012-2021.

Import Prices by Country

The import price in Northern America stood at $X per unit in 2021, falling by -16.1% against the previous year. Over the period under review, the import price continues to indicate a perceptible slump. The pace of growth appeared the most rapid in 2019 when the import price increased by 19% against the previous year. The level of import peaked at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per unit), while Canada totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-2.9%).

Source: IndexBox Platform

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