The data for 2023 show Portugal leading in European exports of lathes for removing metal with a slight decline from the previous year, while Italy shows a significant increase. Belgium and the Netherlands also performed well with notable growth. Germany maintains a modest export figure, slightly decreasing, while Greece drastically increased its exports. The UK and Denmark present significant declines. Over five years, the CAGR depicts the long-term growth trend variances among countries.
Future trends to watch include the potential for Italy to surpass Portugal if its growth continues, and the impact of technology advancements on exports from smaller countries like Greece and Latvia. Challenges may arise in maintaining growth amid fluctuating economic conditions.
Top countries in Export of Lathes for Removing Metal by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 59,290 | 2023 | +28.56% | -6.42% | View data |
| 2 | 2 Italy | 58,610 | 2023 | +22.27% | +14.96% | View data |
| 3 | 3 Belgium | 31,200 | 2023 | +31.73% | +56.34% | View data |
| 4 | 4 United Kingdom | 20,190 | 2023 | -5.99% | -13.82% | View data |
| 5 | 5 Spain | 17,190 | 2023 | +7.72% | +5.95% | View data |
| 6 | 6 Netherlands | 16,410 | 2023 | +2.06% | +35.49% | View data |
| 7 | 7 Germany | 6,950 | 2023 | +0.28% | -1.47% | View data |
| 8 | 8 Austria | 4,620 | 2023 | +2.85% | +9.19% | View data |
| 9 | 9 Greece | 3,880 | 2023 | +2.84% | +184.02% | View data |
| 10 | 10 Denmark | 1,500 | 2023 | +9.17% | -17.73% | View data |
