The global export landscape for non-numerically controlled horizontal lathes is dominated by China, holding a substantial lead. In 2023, China had over a 30% market share, though it experienced a slight decline. Italy and Germany followed as secondary players, each with significant but smaller shares. Notable growth was seen in countries like Canada and Saudi Arabia, with their exports increasing due to strong demand.
Over the past five years, the export trends reveal:
- A decline from historically strong exporters like Germany and Japan.
- Rising growth in emerging economies and smaller exporters like Estonia and Chile.
- Strong fluctuations in Eastern European markets such as Belarus and Poland.
Future trends to watch include the impact of technological advances and automation on demand in traditional manufacturing countries. Emerging markets may continue to gain share as they enhance production capabilities and diversify export strategies. Monitoring geopolitical shifts and trade policies will be crucial for anticipating changes in this sector.
Top countries in Export of Horizontal Lathes for Metal Not Numerically Controlled Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 31.07 | 2023 | -1.7% | -2.39% | View data |
| 2 | 2 Italy | 10.33 | 2023 | +1.71% | -1.21% | View data |
| 3 | 3 Germany | 7.93 | 2023 | -4.06% | -4.54% | View data |
| 4 | 4 Bulgaria | 7.09 | 2023 | -0.6% | -1.46% | View data |
| 5 | 5 United States | 5.55 | 2023 | -6.76% | -5.8% | View data |
| 6 | 6 India | 4.79 | 2023 | +2.86% | +2.98% | View data |
| 7 | 7 Netherlands | 4.25 | 2023 | +5.37% | +3.75% | View data |
| 8 | 8 Slovakia | 3.04 | 2023 | -6.94% | -6.9% | View data |
| 9 | 9 Japan | 2.97 | 2023 | -16.52% | -11.5% | View data |
| 10 | 10 France | 2.75 | 2023 | -0.066% | +1.44% | View data |