The Netherlands leads European exports of lathes at 56.39 units, marking a 109.91% increase in 2023. Belgium and the UK follow, with 15.35 and 13.08 units, respectively. Greece saw the highest increase at 171.83%, whereas Germany decreased by 14.21%. Notably, France ceased its export. Italy, another major player, experienced a significant reduction. Recent upswings in smaller countries such as Latvia reflect rising diversification in production locales. The CAGR over the past five years indicates broad growth despite fluctuations.
Future trends to watch include increasing automation and digitalization, possibly enhancing production efficiency across Europe. Growing environmental regulations may spur innovation in sustainable manufacturing, shaping the landscape of the industry further.
Top countries in Export of Lathes, Including Turning Centres for Removing Metal Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 56.39 | 2023 | +7.01% | +109.91% | View data |
| 2 | 2 Belgium | 15.35 | 2023 | +15.04% | +62.37% | View data |
| 3 | 3 United Kingdom | 13.08 | 2023 | -8.7% | +7.98% | View data |
| 4 | 4 Greece | 5.96 | 2023 | +21.36% | +171.83% | View data |
| 5 | 5 Sweden | 2.03 | 2023 | +2.99% | +40.22% | View data |
| 6 | 6 Germany | 1.84 | 2023 | +1.04% | -14.21% | View data |
| 7 | 7 Poland | 0.99 | 2023 | +2.18% | +19.74% | View data |
| 8 | 8 Latvia | 0.67 | 2023 | +7.22% | +95.01% | View data |
| 9 | 9 Denmark | 0.66 | 2021 | +29.63% | +24.93% | View data |
| 10 | 10 Czechia | 0.52 | 2023 |
