Research Report on China's CNC Horizontal Lathe Export 2023-2032
The spindle of CNC horizontal lathe is designed with mechatronics, which is widely used and easy to operate. CNC horizontal lathe can realize automatic control, process and manufacture many kinds of parts, suitable for mass production, mainly used in the fields of automobile, ship, military industry, rail transportation, aerospace, electronic communication equipment and molds, etc. With the high-speed development in the fields of rail transportation, aerospace and molds, the demand for CNC horizontal lathes grows and the scale of the industry expands.
China is one of the major producers and exporters of CNC horizontal lathes in the world. According to CRI analysis, in 2021, China exported 11,113 units of CNC horizontal lathes, up 42.88% year-on-year, with an export value of US$311 million, up 53.85% year-on-year. From January to November 2022, China exported 14,290 units of CNC horizontal lathes, up 47.29% year-on-year, with an export value of US$392 million, up 41.57% year-on-year.
In 2021, China exported CNC horizontal lathes to more than one hundred countries and regions around the world. CRI analysis shows that by export volume, Japan, the Russian Federation, India, the United Kingdom, Vietnam, China Taiwan, the United States, Thailand, Indonesia and Egypt are the main export destinations for China's CNC horizontal lathes. Among them, Japan is the largest destination of China's CNC horizontal lathe exports. 2021, China exported 2,362 units of CNC horizontal lathes to Japan, accounting for 21.25% of the total export volume of CNC horizontal lathes in that year, and the export value was US$89,588,700, accounting for 28.80% of the total export value.
With the development of global manufacturing industry, the demand for CNC horizontal lathes has increased. CNC horizontal lathes produced in China have gradually developed from the low-end to the middle and high-end fields, and the market competitiveness has been increasing. CRI expects that the export market of CNC horizontal lathes in China will keep growing from 2023-2032.
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