China: Non-Numerically Controlled Lathe Market 2024

Non-Numerically Controlled Lathe Market Size in China

In 2022, the Chinese non-numerically controlled lathe market decreased by X% to $X, falling for the third year in a row after five years of growth. In general, consumption recorded a noticeable reduction. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Non-Numerically Controlled Lathe Production in China

In value terms, non-numerically controlled lathe production dropped to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Non-Numerically Controlled Lathe Exports

Exports from China

In 2022, overseas shipments of non-numerically controlled horizontal lathes, for removing metal increased by X% to X units, rising for the sixth year in a row after two years of decline. Overall, exports continue to indicate prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-numerically controlled lathe exports soared to $X in 2022. In general, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the non-numerically controlled laexports attained the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

The United States (X units), Germany (X units) and Brazil (X units) were the main destinations of non-numerically controlled lathe exports from China, together accounting for X% of total exports. Australia, the Netherlands, Austria, Russia, Mexico, Indonesia, Poland, South Africa, Argentina and Italy lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Germany ($X) and the United States ($X) appeared to be the largest markets for non-numerically controlled lathe exported from China worldwide, together accounting for X% of total exports. Indonesia, Mexico, Brazil, Australia, Italy, Argentina, South Africa, Austria, the Netherlands and Poland lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average non-numerically controlled lathe export price amounted to $X per unit, waning by X% against the previous year. In general, the export price showed a abrupt descent. The pace of growth appeared the most rapid in 2013 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($X per unit), while the average price for exports to the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Non-Numerically Controlled Lathe Imports

Imports into China

In 2022, after two years of growth, there was significant decline in supplies from abroad of non-numerically controlled horizontal lathes, for removing metal, when their volume decreased by X% to X units. In general, imports recorded a mild setback. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Imports peaked at X units in 2021, and then dropped markedly in the following year.

In value terms, non-numerically controlled lathe imports dropped rapidly to $X in 2022. Overall, imports saw a slight decrease. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Imports peaked at $X in 2021, and then declined remarkably in the following year.

Imports by Country

In 2022, Taiwan (Chinese) (X units) was the main supplier of non-numerically controlled lathe to China, accounting for a X% share of total imports. Moreover, non-numerically controlled lathe imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, Japan (X units), more than tenfold. The third position in this ranking was taken by the United States (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Taiwan (Chinese) was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and the United States (X% per year).

In value terms, Taiwan (Chinese) ($X) constituted the largest supplier of non-numerically controlled horizontal lathes, for removing metal to China, comprising X% of total imports. The second position in the ranking was held by Japan ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Taiwan (Chinese) was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and the United States (X% per year).

Import Prices by Country

The average non-numerically controlled lathe import price stood at $X per unit in 2022, with an increase of X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by X%. The import price peaked at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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