Portugal leads European exports of numerically controlled horizontal lathes with 13.76 thousand units in 2023, showing steady growth at 8.5% year-on-year. The United Kingdom trails with 10.16 thousand units, facing a significant decline of 19.6%. Greece recorded an impressive 411.26% surge. Meanwhile, the Netherlands and Denmark saw positive trends with increases of 35.6% and 17.24%, respectively. France marked a moderate growth of 12.47%, while Germany had a modest 2.76% uptick. Countries like Lithuania, Latvia, and Ireland showed significant upward variation percentages, while others such as Austria and Sweden experienced declines.
Future trends to watch include potential advancements in digitalization and automation that may drive efficiency and demand across European countries. Emphasis on sustainable manufacturing practices and technology integration may shape the landscape of the European export market. Close monitoring of geopolitical factors and trade agreements will be critical in understanding potential shifts in export destinations and volumes.
Top countries in Export of Numerically Controlled Horizontal Lathes, Turning Centres for Removing Metal by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 13,760 | 2023 | +8.05% | +8.5% | View data |
| 2 | 2 United Kingdom | 10,160 | 2023 | +2.21% | -19.6% | View data |
| 3 | 3 Greece | 3,490 | 2023 | +3.1% | +411.26% | View data |
| 4 | 4 Netherlands | 3,170 | 2023 | +70.5% | +35.6% | View data |
| 5 | 5 Denmark | 1,880 | 2023 | +48.89% | +17.24% | View data |
| 6 | 6 Spain | 1,180 | 2023 | +12.56% | +7.61% | View data |
| 7 | 7 Belgium | 1,060 | 2023 | +2.21% | -0.35% | View data |
| 8 | 8 Germany | 724 | 2023 | +14.38% | +2.76% | View data |
| 9 | 9 France | 369 | 2023 | +10.48% | +12.47% | View data |
| 10 | 10 Austria | 293 | 2023 | +9.74% | -3.33% | View data |