In 2023, France led European imports of lathes and turning centres, growing 40.51%, while the UK and Portugal saw significant decreases of 20.91% and 16.7% respectively. Notable rises were observed in smaller markets: Luxembourg (201.3%), Cyprus (210.05%), and Greece (74.45%). However, traditional industrial countries like Germany and Italy underperformed with negative growth figures of -3.63% and -4.21% respectively. While emerging markets like Ireland and the Netherlands recorded healthy increases, others like Romania and Lithuania declined.
Future trends to watch include:
- An increasing focus on advanced manufacturing technologies could drive further growth in countries investing in automation and digital manufacturing.
- Economic policies and trade agreements may significantly impact import patterns, especially in post-Brexit UK and amidst EU policy changes.
- Fluctuations in global supply chains and raw material prices could influence market dynamics and import strategies across Europe.
Top countries in Import of Lathes, Including Turning Centres for Removing Metal by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 217,700 | 2023 | +12.03% | +40.51% | View data |
| 2 | 2 United Kingdom | 43,960 | 2023 | +4.07% | -20.91% | View data |
| 3 | 3 Portugal | 33,670 | 2023 | +1.23% | -16.7% | View data |
| 4 | 4 Spain | 23,440 | 2023 | +2.78% | +18.99% | View data |
| 5 | 5 Luxembourg | 17,380 | 2023 | +4.04% | +201.3% | View data |
| 6 | 6 Greece | 16,430 | 2023 | +3.94% | +74.45% | View data |
| 7 | 7 Netherlands | 11,460 | 2023 | +14.28% | +69.08% | View data |
| 8 | 8 Belgium | 10,340 | 2023 | +16.63% | +37.69% | View data |
| 9 | 9 Cyprus | 2,290 | 2023 | +7.4% | +210.05% | View data |
| 10 | 10 Austria | 1,710 | 2023 | +3.25% | +14.15% | View data |
