The forecast for the import of horizontal lathes for metal not numerically controlled to China indicates a slight, steady decline from 2024 to 2028. The value decreases are marginal, with minor year-on-year declines, suggesting a stable yet contracting market. As of 2023, imports were slightly higher, marking the beginning of this gradual descending trend.
Future trends to watch for:
- Technological advancements in CNC lathes may further reduce demand for non-numerically controlled variants.
- China's domestic production capabilities might influence import volumes.
- Potential shifts in steel and metal usage due to emerging industries could impact market dynamics.