In 2023, France emerged as the leading European importer of lathes for removing metal with a significant increase of 53.65% from the previous year, while the United Kingdom saw the largest decline at -20.55%. Markets like Belgium, Greece, and Cyprus experienced robust growth, highlighting new industrial dynamics, whereas Portugal and Romania saw notable decreases. Luxury-oriented Luxembourg grew impressively at 56.47%, illustrating dynamic shifts in technological demands.
Future trends indicate a growing diversification of import sources, driven by technological advancements and evolving market needs. Watch for shifts in sourcing strategies, especially as countries like Cyprus continue to expand rapidly.
Top countries in Import of Lathes for Removing Metal by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 368,610 | 2023 | +10.39% | +53.65% | View data |
| 2 | 2 United Kingdom | 47,280 | 2023 | +2.34% | -20.55% | View data |
| 3 | 3 Portugal | 32,910 | 2023 | +0.067% | -17.32% | View data |
| 4 | 4 Belgium | 25,860 | 2023 | +14.3% | +34.47% | View data |
| 5 | 5 Spain | 21,030 | 2023 | +3.34% | +7.75% | View data |
| 6 | 6 Greece | 11,020 | 2023 | +0.31% | +54.42% | View data |
| 7 | 7 Germany | 10,990 | 2023 | +0.32% | -0.62% | View data |
| 8 | 8 Netherlands | 6,960 | 2023 | -72.01% | +4.33% | View data |
| 9 | 9 Italy | 6,510 | 2023 | -2.91% | -2.75% | View data |
| 10 | 10 Austria | 4,900 | 2023 | +3.09% | +6.02% | View data |
