In 2023, Belgium dominated the European import of non-numerically controlled horizontal lathes with the highest import volume, reflecting a substantial 111.31% year-on-year increase. Germany and the United Kingdom followed, though with modest growth rates of 5.72% and 0.58% respectively. Emerging growth was notable in countries like Finland and Ireland, witnessing remarkable surges in imports by 43.33% and 163.86%. Conversely, Denmark, Slovenia, and Lithuania experienced declines, suggesting shifts in demand or supply chain adjustments. Over the past five years, the average import growth rate varied widely by country, indicating shifting preferences and market dynamics.
Future trends to watch include:
- Technological advancements leading to increased automation, possibly reducing demand for non-numerically controlled lathes.
- Trade policies and economic conditions across Europe, potentially affecting import volumes.
- Growing environmental regulations possibly influencing manufacturing practices and equipment procurement.
- Brexit's continuing impact on trade between the UK and EU countries, possibly redefining import patterns.
Top countries in Import of Non-Numerically Controlled Horizontal Lathes for Removing Metal by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 11,720 | 2023 | +42.67% | +111.31% | View data |
| 2 | 2 Germany | 7,220 | 2023 | -0.043% | +5.72% | View data |
| 3 | 3 United Kingdom | 4,350 | 2023 | -1.21% | +0.58% | View data |
| 4 | 4 Netherlands | 2,850 | 2021 | -2.17% | +22.44% | View data |
| 5 | 5 Poland | 2,320 | 2023 | +2.31% | +5.39% | View data |
| 6 | 6 Denmark | 2,270 | 2023 | +14.54% | -10.26% | View data |
| 7 | 7 Italy | 2,250 | 2023 | +0.48% | +14.41% | View data |
| 8 | 8 Austria | 2,230 | 2023 | +2.82% | +13.25% | View data |
| 9 | 9 Spain | 2,140 | 2023 | +11.05% | +2.86% | View data |
| 10 | 10 Sweden | 1,370 | 2023 | +2.47% | +12.21% | View data |
