In 2023, Belgium led European exports of non-numerically controlled horizontal lathes with a share of 32.64%, followed by the UK at 20.12%, and Italy at 12.03%. Notably, Belgium's share rose significantly by 120.13% year-on-year. Austria also saw a sharp increase of 61.56%, while Germany experienced a decline of 9.95%. Smaller markets like Lithuania and Estonia showed minor fluctuations. The average annual growth rate over the last five years indicates diverse performance among countries, with some experiencing stable growth and others facing declines.
Future trends to watch include technological advancements and economic factors influencing demand. Continued growth in established markets like Belgium and potential recovery in Germany could reshape shares. Emerging markets might gain significance with increased investment in manufacturing capabilities.
Top countries in Export of Non-Numerically Controlled Horizontal Lathes for Removing Metal Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 32.64 | 2023 | +40.1% | +120.13% | View data |
| 2 | 2 United Kingdom | 20.12 | 2023 | -3.31% | +57.99% | View data |
| 3 | 3 Italy | 12.03 | 2023 | +69.58% | +27.87% | View data |
| 4 | 4 Austria | 11.82 | 2023 | +2.89% | +61.56% | View data |
| 5 | 5 Germany | 3.69 | 2023 | +3.8% | -9.95% | View data |
| 6 | 6 Netherlands | 3.31 | 2021 | +2.38% | +43.75% | View data |
| 7 | 7 Sweden | 2.32 | 2023 | +6.06% | +13.48% | View data |
| 8 | 8 Bulgaria | 2.19 | 2023 | -9.77% | -11.03% | View data |
| 9 | 9 France | 0.78 | 2023 | 0% | +31.43% | View data |
| 10 | 10 Poland | 0.57 | 2023 | -0.54% | +3.76% | View data |
