Norway: Non-Numerically Controlled Lathe Market 2025

Non-Numerically Controlled Lathe Market Size in Norway

The Norwegian non-numerically controlled lathe market fell significantly to $X in 2021, with a decrease of -69.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption faced a deep contraction. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Non-Numerically Controlled Lathe Exports

Exports from Norway

After three years of decline, overseas shipments of non-numerically controlled horizontal lathes, for removing metal increased by 1,444% to X units in 2021. In general, exports recorded a prominent expansion. 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 soared to $X in 2021. Overall, exports posted a temperate increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey (X units) was the main destination for non-numerically controlled lathe exports from Norway, with a 83% share of total exports. Moreover, non-numerically controlled lathe exports to Turkey exceeded the volume sent to the second major destination, Romania (X units), more than tenfold. The Netherlands (X units) ranked third in terms of total exports with a 4% share.

From 2012 to 2021, the average annual growth rate of volume to Turkey totaled +167.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (-13.0% per year) and the Netherlands (+77.8% per year).

In value terms, Germany ($X), Turkey ($X) and the Netherlands ($X) constituted the largest markets for non-numerically controlled lathe exported from Norway worldwide, with a combined 82% share of total exports.

In terms of the main countries of destination, the Netherlands, with a CAGR of +187.7%, saw the highest rates of growth with regard to 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 non-numerically controlled lathe export price amounted to $X per unit, which is down by -21.2% against the previous year. In general, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2015 when the average export price increased by 119% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Germany ($X per unit), while the average price for exports to Turkey ($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 Italy (+345.5%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Numerically Controlled Lathe Imports

Imports into Norway

In 2021, approx. X units of non-numerically controlled horizontal lathes, for removing metal were imported into Norway; waning by -6.9% compared with the previous year. In general, total imports indicated a slight expansion from 2012 to 2021: its volume increased at an average annual rate of +1.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +123.4% against 2016 indices. The growth pace was the most rapid in 2017 with an increase of 55% against the previous year. Over the period under review, non-numerically controlled laimports attained the maximum at X units in 2020, and then dropped in the following year.

In value terms, non-numerically controlled lathe imports amounted to $X in 2021. Overall, imports showed a pronounced reduction. The most prominent rate of growth was recorded in 2018 when imports increased by 53% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

China (X units), the Netherlands (X units) and Japan (X units) were the main suppliers of non-numerically controlled lathe imports to Norway, together comprising 69% of total imports. Taiwan (Chinese), Bulgaria, Switzerland, Slovakia, Germany and Sweden lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Switzerland (with a CAGR of +37.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), China ($X) and Taiwan (Chinese) ($X) appeared to be the largest non-numerically controlled lathe suppliers to Norway, together accounting for 61% of total imports. These countries were followed by Bulgaria, Slovakia, the Netherlands, Switzerland, Germany and Sweden, which together accounted for a further 33%.

Switzerland, with a CAGR of +38.1%, recorded the highest growth rate of 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 non-numerically controlled lathe import price stood at $X per unit in 2021, rising by 7.8% against the previous year. Overall, the import price, however, continues to indicate a perceptible descent. The growth pace was the most rapid in 2016 when the average import price increased by 56%. Over the period under review, average import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Slovakia ($X per unit), while the price for the Netherlands ($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 Netherlands (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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