South-Eastern Asia: Non-Numerically Controlled Lathe Market 2025

Non-Numerically Controlled Lathe Market Size in South-Eastern Asia

The Southeast Asian non-numerically controlled lathe market was finally on the rise to reach $X in 2021, after three years of decline. Over the period under review, consumption, however, continues to indicate a abrupt downturn. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Non-Numerically Controlled Lathe Production in South-Eastern Asia

In value terms, non-numerically controlled lathe production surged to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.9% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2019 when the production volume increased by 43%. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Non-Numerically Controlled Lathe Exports

Exports in South-Eastern Asia

In 2021, after three years of decline, there was significant growth in overseas shipments of non-numerically controlled horizontal lathes, for removing metal, when their volume increased by 101% to X units. Over the period under review, exports recorded a strong expansion. The most prominent rate of growth was recorded in 2015 with an increase of 350% against the previous year. As a result, the exports reached the peak of X units. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, non-numerically controlled lathe exports surged to $X in 2021. Overall, exports, however, recorded a noticeable decrease. The growth pace was the most rapid in 2019 when exports increased by 121% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

In 2021, Thailand (X units), Singapore (X units) and the Philippines (X units) was the largest exporter of non-numerically controlled horizontal lathes, for removing metal in South-Eastern Asia, creating 96% of total export. Malaysia (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for the Philippines (with a CAGR of +36.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest non-numerically controlled lathe supplying countries in South-Eastern Asia were Singapore ($X), Thailand ($X) and the Philippines ($X), with a combined 83% share of total exports.

The Philippines, with a CAGR of +29.9%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per unit in 2021, dropping by -27.3% against the previous year. Over the period under review, the export price faced a drastic downturn. The pace of growth was the most pronounced in 2019 an increase of 210% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Malaysia ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+11.7%), while the other leaders experienced a decline in the export price figures.

Non-Numerically Controlled Lathe Imports

Imports in South-Eastern Asia

In 2021, purchases abroad of non-numerically controlled horizontal lathes, for removing metal was finally on the rise to reach X units after three years of decline. Over the period under review, imports, however, recorded a deep setback. The growth pace was the most rapid in 2017 when imports increased by 16% 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 declined to $X in 2021. Overall, imports, however, faced a drastic downturn. The growth pace was the most rapid in 2017 when imports increased by 33%. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Indonesia (X units) and Thailand (X units) dominates imports structure, together committing 92% of total imports. The following importers - Vietnam (X units) and the Philippines (X units) - together made up 5% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the Philippines (with a CAGR of -1.4%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Thailand ($X) constitutes the largest market for imported non-numerically controlled horizontal lathes, for removing metal in South-Eastern Asia, comprising 45% of total imports. The second position in the ranking was taken by Indonesia ($X), with a 16% share of total imports. It was followed by Vietnam, with a 16% share.

In Thailand, non-numerically controlled lathe imports plunged by an average annual rate of -19.5% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Indonesia (-16.5% per year) and Vietnam (-2.5% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per unit in 2021, shrinking by -8.3% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2017 when the import price increased by 14%. Over the period under review, import prices reached the maximum at $X per unit in 2020, and then declined in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+4.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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