Turkey - Machines for Preparing, Weaving and Knitting Textiles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTurkey: Market for Machines For Preparing, Weaving And Knitting Textiles 2024
Market Size for Machines For Preparing, Weaving And Knitting Textiles in Turkey
After two years of decline, the Turkish market for machines for preparing, weaving and knitting textiles increased by X% to $X in 2023. In general, consumption, however, recorded a noticeable decrease. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2023, consumption stood at a somewhat lower figure.
Production of Machines For Preparing, Weaving And Knitting Textiles in Turkey
In value terms, textile weaving and knitting machinery production soared to $X in 2023 estimated in export price. Over the period under review, production enjoyed resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. Textile weaving and knitting machinery production peaked at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.
Exports of Machines For Preparing, Weaving And Knitting Textiles
Exports from Turkey
In 2023, overseas shipments of machines for preparing, weaving and knitting textiles decreased by X% to X units for the first time since 2020, thus ending a two-year rising trend. Over the period under review, exports, however, posted a strong increase. The most prominent rate of growth was recorded in 2022 when exports increased by X%. As a result, the exports attained the peak of X units, and then shrank rapidly in the following year.
In value terms, textile weaving and knitting machinery exports declined to $X in 2023. Overall, total exports indicated a pronounced increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at $X in 2022, and then dropped in the following year.
Exports by Country
Kazakhstan (X units) was the main destination for textile weaving and knitting machinery exports from Turkey, accounting for a X% share of total exports. Moreover, textile weaving and knitting machinery exports to Kazakhstan exceeded the volume sent to the second major destination, Egypt (X units), fourfold. The third position in this ranking was taken by India (X units), with a X% share.
From 2012 to 2023, the average annual growth rate of volume to Kazakhstan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (X% per year) and India (X% per year).
In value terms, Iran ($X), India ($X) and Russia ($X) constituted the largest markets for textile weaving and knitting machinery exported from Turkey worldwide, with a combined X% share of total exports. Egypt, Uzbekistan, Belgium, Turkmenistan, Kazakhstan, Pakistan, Georgia, the United States, Tajikistan and Syrian Arab Republic lagged somewhat behind, together comprising a further X%.
Among the main countries of destination, Belgium, 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
The average export price for machines for preparing, weaving and knitting textiles stood at $X per unit in 2023, increasing by X% against the previous year. Over the period under review, the export price, however, saw a pronounced contraction. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2023, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iran ($X per unit), while the average price for exports to Kazakhstan ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkmenistan (X%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Machines For Preparing, Weaving And Knitting Textiles
Imports into Turkey
In 2023, textile weaving and knitting machinery imports into Turkey declined significantly to X units, waning by X% compared with 2022 figures. Over the period under review, imports, however, saw a perceptible increase. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2023, the growth of imports failed to regain momentum.
In value terms, textile weaving and knitting machinery imports shrank notably to $X in 2023. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by X%. Imports peaked at $X in 2022, and then dropped notably in the following year.
Imports by Country
China (X units), Japan (X units) and Germany (X units) were the main suppliers of textile weaving and knitting machinery imports to Turkey, together comprising X% of total imports. Italy, Belgium, India, Austria and Switzerland lagged somewhat behind, together accounting for a further X%.
From 2012 to 2023, the biggest increases were recorded for India (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Germany ($X), China ($X) and Japan ($X) constituted the largest textile weaving and knitting machinery suppliers to Turkey, with a combined X% share of total imports. India, Belgium, Italy, Switzerland and Austria lagged somewhat behind, together accounting for a further X%.
India, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the average import price for machines for preparing, weaving and knitting textiles amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the import price, however, saw a slight descent. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Austria ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for textile weaving and knitting machinery in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28941100 - Machines for extruding, drawing, texturing or cutting manmade textile materials, machines for preparing textile fibres
- Prodcom 28941200 - Textile spinning machines, textile doubling, twisting, winding or reeling machines
- Prodcom 28941300 - Weaving machines
- Prodcom 28941430 - Circular knitting machines
- Prodcom 28941450 - Flat knitting machines, stitch-bonding machines and warp knitting machines
- Prodcom 28941470 - Machines for making gimped yarn, tulle, lace, embroidery, t rimmings, braid or net, and machines for tufting
Country coverage:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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