The 2023 European sold production data shows Denmark leading with 2.53 thousand items, followed by Italy and Germany with 0.617 and 0.462 thousand items respectively. Spain is close behind Germany at 0.454 thousand items, followed by Poland and Bulgaria at 0.151 and 0.073 thousand items. Year-over-year variations for 2023 reveal growth in Denmark at 0.96% and Bulgaria at 3.66%, while Italy, Germany, and Spain experienced declines of -1.07%, -5.74%, and -1.02% respectively. Notably, Poland exhibited a modest growth of 0.68%. These figures reflect the European demand and manufacturing capabilities up to 2023.
Future trends to watch in the European market for numerically controlled horizontal lathes include potential for technological advancements and automation, which might increase efficiency, and the impact of economic conditions, including supply chain stability and geopolitical factors. Additionally, market expansion in Eastern Europe could contribute to increased production volumes, concurrently influencing competitive dynamics across the region.
Top countries in Sold Production of Numerically Controlled Horizontal Lathes for Removing Metal by Country
| # | 6 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 2,530 | 2023 | +6.79% | +0.96% | View data |
| 2 | 2 Italy | 617 | 2023 | +1.15% | -1.07% | View data |
| 3 | 3 Germany | 462 | 2023 | -5.52% | -5.74% | View data |
| 4 | 4 Spain | 454 | 2023 | +0.67% | -1.02% | View data |
| 5 | 5 Poland | 151 | 2023 | +1.34% | +0.68% | View data |
| 6 | 6 Bulgaria | 73 | 2023 | +4.29% | +3.66% | View data |
