EU: Market for Lathes For Removing Metal 2024

Market Size for Lathes For Removing Metal in the EU

The EU lathe for removing metal market surged to $X in 2023, rising by X% against the previous year. Overall, consumption showed a slight increase. The level of consumption peaked at $X in 2018; however, from 2019 to 2023, consumption failed to regain momentum.

Production of Lathes For Removing Metal in the EU

In value terms, lathe for removing metal production skyrocketed to $X in 2023 estimated in export price. Overall, production, however, continues to indicate a abrupt contraction. Over the period under review, lafor removing metal production attained the peak level at $X in 2018; however, from 2019 to 2023, production stood at a somewhat lower figure.

Exports of Lathes For Removing Metal

Exports in the EU

In 2023, shipments abroad of lathes for removing metal increased by X% to X units, rising for the sixth year in a row after three years of decline. Total exports indicated tangible growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the lafor removing metal exports attained the peak figure in 2023 and are expected to retain growth in the immediate term.

In value terms, lathe for removing metal exports expanded rapidly to $X 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 with an increase of X% against the previous year. Over the period under review, the lafor removing metal exports reached the maximum at $X in 2012; afterwards, it flattened through to 2023.

Exports by Country

In 2023, the Netherlands (X units), Belgium (X units) and Italy (X units) represented the key exporter of lathes for removing metal in the European Union, comprising X% of total export. Germany (X units) ranks next in terms of the total exports with a X% share, followed by the Czech Republic (X%) and Austria (X%). France (X units) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest lathe for removing metal supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with a X% share of total exports. It was followed by Belgium, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Germany amounted to X%. In the other countries, the average annual rates were as follows: Italy (X% per year) and Belgium (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per unit in 2023, falling by X% against the previous year. Overall, the export price saw a pronounced decline. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by France (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Lathes For Removing Metal

Imports in the EU

For the third year in a row, the European Union recorded growth in supplies from abroad of lathes for removing metal, which increased by X% to X units in 2023. Overall, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The volume of import peaked in 2023 and is likely to see gradual growth in the near future.

In value terms, lathe for removing metal imports rose significantly to $X in 2023. Total imports indicated a temperate increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, lafor removing metal imports reached the maximum in 2023 and are expected to retain growth in the near future.

Imports by Country

In 2023, the Netherlands (X units), distantly followed by Italy (X units), Germany (X units), Spain (X units), Belgium (X units), Greece (X units) and Slovakia (X units) represented the main importers of lathes for removing metal, together committing X% of total imports. The Czech Republic (X units), France (X units), Austria (X units), Poland (X units), Bulgaria (X units) and Portugal (X units) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Greece (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest lathe for removing metal importing markets in the European Union were Germany ($X), Italy ($X) and Belgium ($X), together accounting for X% of total imports. The Netherlands, France, Spain, the Czech Republic, Austria, Poland, Slovakia, Bulgaria, Portugal and Greece lagged somewhat behind, together comprising a further X%.

Greece, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in the European Union amounted to $X per unit, growing by X% against the previous year. In general, the import price, however, saw a abrupt shrinkage. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per unit), while Greece ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by France (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform