In 2023, the import of horizontal lathes for metal not numerically controlled to Germany was valued at approximately 5.18 thousand. The forecast from 2024 indicates a gradual decline from 5.11 thousand to 4.84 thousand by 2028. This represents a year-on-year decrease of about 1.37% to 1.44%. The compound annual growth rate (CAGR) over this period is a decrease of approximately 1.32% per year.
As we look to the future, factors such as technological advancements, shifts in manufacturing trends, and domestic production capabilities will significantly influence import levels. Monitoring the adoption of numerically controlled alternatives could also impact demand for traditional lathes.
