Southern Asia: Non-Numerically Controlled Lathe Market 2025

Non-Numerically Controlled Lathe Market Size in Southern Asia

In 2021, after two years of growth, there was significant decline in the South Asian non-numerically controlled lathe market, when its value decreased by -56.4% to $X. Overall, consumption showed a abrupt contraction. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Non-Numerically Controlled Lathe Production in Southern Asia

In value terms, non-numerically controlled lathe production declined modestly to $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 2% against the previous year. Over the period under review, non-numerically controlled laproduction attained the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Non-Numerically Controlled Lathe Exports

Exports in Southern Asia

In 2021, overseas shipments of non-numerically controlled horizontal lathes, for removing metal were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports continue to indicate a strong expansion. As a result, the exports reached 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, however, showed a perceptible descent. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

India (X units) represented roughly 100% of total exports in 2021.

India was also the fastest-growing in terms of the non-numerically controlled horizontal lathes, for removing metal exports, with a CAGR of +21.4% from 2012 to 2021. India (+11 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest non-numerically controlled lathe supplier in Southern Asia.

From 2012 to 2021, the average annual growth rate of value in India stood at -2.0%.

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per unit, which is down by -28.9% against the previous year. In general, the export price saw a abrupt slump. The most prominent rate of growth was recorded in 2017 an increase of 26%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2021, the rate of growth in terms of prices for India amounted to -19.2% per year.

Non-Numerically Controlled Lathe Imports

Imports in Southern Asia

After two years of decline, purchases abroad of non-numerically controlled horizontal lathes, for removing metal increased by 59% to X units in 2021. Total imports indicated a mild increase from 2012 to 2021: its volume increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -18.3% against 2018 indices. The volume of import peaked at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, non-numerically controlled lathe imports surged to $X in 2021. Over the period under review, imports, however, showed a deep contraction. Over the period under review, non-numerically controlled laimports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

India represented the key importing country with an import of around X units, which accounted for 57% of total imports. Bangladesh (X units) held an 18% share (based on physical terms) of total imports, which put it in second place, followed by Pakistan (10%), Nepal (7.6%) and Sri Lanka (7%).

From 2012 to 2021, average annual rates of growth with regard to non-numerically controlled lathe imports into India stood at +2.0%. At the same time, Nepal (+13.9%) and Sri Lanka (+5.8%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +13.9% from 2012-2021. Pakistan experienced a relatively flat trend pattern. By contrast, Bangladesh (-4.0%) illustrated a downward trend over the same period. While the share of Nepal (+5 p.p.), India (+4.5 p.p.) and Sri Lanka (+2.4 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Bangladesh (-10.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported non-numerically controlled horizontal lathes, for removing metal in Southern Asia, comprising 76% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a 12% share of total imports. It was followed by Pakistan, with a 5% share.

In India, non-numerically controlled lathe imports plunged by an average annual rate of -10.7% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Bangladesh (+3.6% per year) and Pakistan (+5.1% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per unit in 2021, growing by 10% against the previous year. Over the period under review, the import price, however, showed a abrupt decline. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was India ($X per unit), while Sri Lanka ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Nepal (+9.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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