Asia - Lathes for Removing Metal - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAsia: Market for Lathes For Removing Metal 2024
Market Size for Lathes For Removing Metal in Asia
For the third consecutive year, the Asian lathe for removing metal market recorded decline in sales value, which decreased by X% to $X in 2023. In general, consumption showed a perceptible descent. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.
Production of Lathes For Removing Metal in Asia
In value terms, lathe for removing metal production dropped modestly to $X in 2023 estimated in export price. Overall, production, however, continues to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, lafor removing metal production hit record highs at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.
Exports of Lathes For Removing Metal
Exports in Asia
For the third year in a row, Asia recorded growth in shipments abroad of lathes for removing metal, which increased by X% to X units in 2023. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The volume of export peaked at X units in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.
In value terms, lathe for removing metal exports expanded to $X in 2023. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.
Exports by Country
China was the key exporting country with an export of around X units, which reached X% of total exports. Taiwan (Chinese) (X units) ranks second in terms of the total exports with an X% share, followed by South Korea (X%), India (X%) and Japan (X%). Singapore (X units) and Turkey (X units) followed a long way behind the leaders.
Exports from China increased at an average annual rate of X% from 2012 to 2023. At the same time, Turkey (X%) and Singapore (X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2023. India experienced a relatively flat trend pattern. By contrast, Japan (X%), South Korea (X%) and Taiwan (Chinese) (X%) illustrated a downward trend over the same period. While the share of China (X p.p.) and Turkey (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of South Korea (X p.p.) and Taiwan (Chinese) (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the largest lathe for removing metal supplying countries in Asia were Japan ($X), China ($X) and South Korea ($X), together comprising X% of total exports. Taiwan (Chinese), Turkey, Singapore and India lagged somewhat behind, together accounting for a further X%.
In terms of the main exporting countries, Turkey, with a CAGR of X%, recorded 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
The export price in Asia stood at $X per unit in 2023, waning by X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2016; however, from 2017 to 2023, the export prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($X per unit), while India ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the other leaders experienced more modest paces of growth.
Imports of Lathes For Removing Metal
Imports in Asia
For the third year in a row, Asia recorded growth in supplies from abroad of lathes for removing metal, which increased by X% to X units in 2023. Over the period under review, imports showed perceptible growth. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, lafor removing metal imports reached the peak figure in 2023 and are likely to continue growth in years to come.
In value terms, lathe for removing metal imports expanded modestly to $X in 2023. In general, imports, however, saw a pronounced reduction. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, lafor removing metal imports hit record highs at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.
Imports by Country
India was the major importing country with an import of around X units, which finished at X% of total imports. Thailand (X units) held the second position in the ranking, followed by the Philippines (X units), Turkey (X units), Malaysia (X units) and China (X units). All these countries together held near X% share of total imports. Japan (X units), the United Arab Emirates (X units), Vietnam (X units), South Korea (X units) and Taiwan (Chinese) (X units) held a minor share of total imports.
Imports into India increased at an average annual rate of X% from 2012 to 2023. At the same time, the Philippines (X%), Turkey (X%), Malaysia (X%), Taiwan (Chinese) (X%) and Vietnam (X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2023. By contrast, Japan (X%), the United Arab Emirates (X%), China (X%), South Korea (X%) and Thailand (X%) illustrated a downward trend over the same period. While the share of India (X p.p.), the Philippines (X p.p.), Turkey (X p.p.) and Malaysia (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of South Korea (X p.p.), Japan (X p.p.), China (X p.p.) and Thailand (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the largest lathe for removing metal importing markets in Asia were China ($X), Turkey ($X) and India ($X), with a combined X% share of total imports.
In terms of the main importing countries, Turkey, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The import price in Asia stood at $X per unit in 2023, which is down by X% against the previous year. Over the period under review, the import price saw a perceptible shrinkage. The growth pace was the most rapid in 2013 when the import price increased by X%. Over the period under review, import prices reached the maximum at $X per unit in 2014; however, from 2015 to 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was China ($X per unit), while the Philippines ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Japan (X%), while the other leaders experienced mixed trends in the import price figures.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for lathe for removing metal in Asia. 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:
- Afghanistan
- Armenia
- Azerbaijan
- Bahrain
- Bangladesh
- Bhutan
- Brunei Darussalam
- Cambodia
- China
- Cyprus
- Democratic People's Republic of Korea
- Georgia
- Hong Kong SAR
- India
- Indonesia
- Iran
- Iraq
- Israel
- Japan
- Jordan
- Kazakhstan
- Kuwait
- Kyrgyzstan
- Lao People's Democratic Republic
- Lebanon
- Macao SAR
- Malaysia
- Maldives
- Mongolia
- Myanmar
- Nepal
- Oman
- Pakistan
- Palestine
- Philippines
- Qatar
- Saudi Arabia
- Singapore
- South Korea
- Sri Lanka
- Syrian Arab Republic
- Taiwan (Chinese)
- Tajikistan
- Thailand
- Timor-Leste
- Turkey
- Turkmenistan
- United Arab Emirates
- Uzbekistan
- Vietnam
- Yemen
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Asia, split by region and country
- Trade (exports and imports) in Asia
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Afghanistan
- Armenia
- Azerbaijan
- Bahrain
- Bangladesh
- Bhutan
- Brunei Darussalam
- Cambodia
- China
- Hong Kong SAR
- Macao SAR
- Cyprus
- Georgia
- India
- Indonesia
- Iran
- Iraq
- Israel
- Japan
- Jordan
- Kazakhstan
- Kuwait
- Kyrgyzstan
- Lebanon
- Malaysia
- Maldives
- Mongolia
- Myanmar
- Nepal
- Oman
- Pakistan
- Palestine
- Philippines
- Qatar
- Saudi Arabia
- Singapore
- South Korea
- Sri Lanka
- Syrian Arab Republic
- Taiwan (Chinese)
- Tajikistan
- Thailand
- Timor-Leste
- Turkey
- Turkmenistan
- United Arab Emirates
- Uzbekistan
- Vietnam
- Yemen
- Lao People's Democratic Republic
- Democratic People's Republic of Korea
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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