Europe: Market for Lathes For Removing Metal 2024

Market Size for Lathes For Removing Metal in Europe

The Europe lathe for removing metal market rose sharply to $X in 2023, with an increase of X% against the previous year. In general, consumption showed a pronounced shrinkage. 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 Europe

In value terms, lathe for removing metal production skyrocketed to $X in 2023 estimated in export price. In general, production recorded a perceptible decline. The level of production peaked at $X in 2018; however, from 2019 to 2023, production stood at a somewhat lower figure.

Exports of Lathes For Removing Metal

Exports in Europe

In 2023, shipments abroad of lathes for removing metal increased by X% to X units, rising for the sixth year in a row after four years of decline. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the lafor removing metal exports attained the maximum at X units in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

In value terms, lathe for removing metal exports expanded remarkably to $X in 2023. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

The UK (X units), the Netherlands (X units), Belgium (X units) and Italy (X units) represented roughly X% of total exports in 2023. Germany (X units) took the next position in the ranking, followed by the Czech Republic (X units). All these countries together took approx. X% share of total exports. Austria (X units), France (X units), Spain (X units) and Russia (X units) held a little share of total exports.

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

From 2012 to 2023, the average annual rate of growth in terms of value in Germany stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (X% per year) and Belgium (X% per year).

Export Prices by Country

The export price in Europe stood at $X per unit in 2023, remaining constant against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X%. The level of export peaked at $X per unit in 2018; however, from 2019 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the UK ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other leaders experienced more modest paces of growth.

Imports of Lathes For Removing Metal

Imports in Europe

In 2023, approx. X units of lathes for removing metal were imported in Europe; surging by X% compared with 2022 figures. Total imports indicated a prominent expansion from 2012 to 2023: its volume 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 growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, lafor removing metal imports attained the peak figure in 2023 and are expected to retain growth in the near future.

In value terms, lathe for removing metal imports soared to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of import peaked in 2023 and is likely to see gradual growth in years to come.

Imports by Country

The countries with the highest levels of lathe for removing metal imports in 2023 were the Netherlands (X units), Russia (X units), Italy (X units), the UK (X units), Germany (X units), Spain (X units), Belgium (X units) and Greece (X units), together resulting at X% of total import. Slovakia (X units), Andorra (X units), the Czech Republic (X units), France (X units) and Austria (X units) took a minor share of total imports.

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

In value terms, the largest lathe for removing metal importing markets in Europe were Germany ($X), Italy ($X) and Russia ($X), with a combined X% share of total imports. Belgium, the Netherlands, France, the UK, Spain, the Czech Republic, Austria, Slovakia, Greece and Andorra lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Andorra, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2023, the import price in Europe amounted to $X per unit, picking up by X% against the previous year. In general, the import price, however, recorded a perceptible contraction. The pace of growth appeared the most rapid in 2018 when the import price increased by X%. Over the period under review, import prices attained the maximum 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 ($X per unit), while Andorra ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform