In 2023, China remains the leading exporter of horizontal lathes for metal not numerically controlled, though it experienced a slight decline of 2.39%. Meanwhile, Italy and Germany also saw minor decreases in exports, while India and the Netherlands increased their export values by 2.98% and 3.75%, respectively. Remarkable growth was observed in countries like Chile with a 63.32% increase and Costa Rica at 125% growth. However, Switzerland and Russia's exports significantly declined by 34.42% and 25.26%, respectively.
Looking ahead, the market may see developing countries increasing their export capacities due to lower manufacturing costs and technological advancements. Moreover, a shift towards more sustainable and efficient machining solutions may influence future market dynamics.
Top countries in Export of Horizontal Lathes for Metal Not Numerically Controlled by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 73,994,000 | 2023 | -1.7% | -2.39% | View data |
| 2 | 2 Italy | 24,606,000 | 2023 | +1.71% | -1.21% | View data |
| 3 | 3 Germany | 18,884,000 | 2023 | -4.06% | -4.54% | View data |
| 4 | 4 Bulgaria | 16,889,000 | 2023 | -0.6% | -1.46% | View data |
| 5 | 5 United States | 13,227,000 | 2023 | -6.76% | -5.8% | View data |
| 6 | 6 India | 11,400,000 | 2023 | +2.86% | +2.98% | View data |
| 7 | 7 Netherlands | 10,119,000 | 2023 | +5.37% | +3.75% | View data |
| 8 | 8 Slovakia | 7,230,600 | 2023 | -6.94% | -6.9% | View data |
| 9 | 9 Japan | 7,066,300 | 2023 | -16.52% | -11.5% | View data |
| 10 | 10 France | 6,546,900 | 2023 | -0.066% | +1.44% | View data |
