Turkey - Machinery For Packing Or Wrapping - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMachinery for Packing Price in Turkey - 2023
Contents:
- Machinery for Packing Price in Turkey (CIF) - 2023
- Machinery for Packing Price in Turkey (FOB) - 2023
- Machinery for Packing Imports in Turkey
- Machinery for Packing Exports in Turkey
Machinery for Packing Price in Turkey (CIF) - 2023
In September 2023, the average machinery for packing import price amounted to $796 per unit, falling by -16.1% against the previous month. In general, import price indicated a mild expansion from September 2022 to September 2023: its price increased at an average monthly rate of +1.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, machinery for packing import price decreased by -35.4% against June 2023 indices. The most prominent rate of growth was recorded in June 2023 an increase of 86% against the previous month. As a result, import price reached the peak level of $1,232 per unit. From July 2023 to September 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($1,782 per unit), while the price for China ($248 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Spain (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Machinery for Packing Price in Turkey (FOB) - 2023
In September 2023, the average machinery for packing export price amounted to $440 per unit, with a decrease of -1.9% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 40% against the previous month. The export price peaked at $518 per unit in February 2023; however, from March 2023 to September 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Russia ($859 per unit), while the average price for exports to Azerbaijan ($144 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+26.0%), while the prices for the other major destinations experienced more modest paces of growth.
Machinery for Packing Imports in Turkey
In 2022, after three years of growth, there was decline in purchases abroad of machinery for packing or wrapping, when their volume decreased by -1.8% to 190K units. The total import volume increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 29% against the previous year. As a result, imports attained the peak of 194K units, and then reduced modestly in the following year.
In value terms, machinery for packing imports contracted dramatically to $126M in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 49%. As a result, imports reached the peak of $192M, and then shrank notably in the following year.
| Import of Machinery for Packing in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 64.5 | 45.1 | 73.1 | 52.6 | -6.6% |
| Germany | 23.0 | 45.0 | 59.6 | 28.6 | 7.5% |
| China | 7.0 | 9.5 | 14.2 | 14.2 | 26.6% |
| Spain | 3.7 | 3.9 | 3.5 | 5.1 | 11.3% |
| Netherlands | 5.1 | 4.7 | 6.8 | 2.8 | -18.1% |
| Taiwan (Chinese) | 1.4 | 2.8 | 2.4 | 2.8 | 26.0% |
| Hungary | 1.5 | 1.3 | 1.9 | 1.7 | 4.3% |
| Belgium | 4.8 | 1.0 | 4.1 | 0.5 | -52.9% |
| Others | 16.2 | 15.6 | 26.5 | 17.5 | 2.6% |
| Total | 127 | 129 | 192 | 126 | -0.3% |
Top Suppliers of Machinery for Packing to Turkey in 2022:
- Italy (84.0K units)
- China (41.4K units)
- Germany (25.2K units)
- Taiwan (Chinese) (7.3K units)
- Spain (5.0K units)
- Hungary (2.8K units)
- Netherlands (2.5K units)
- Belgium (0.9K units)
Machinery for Packing Exports in Turkey
In 2022, after three years of growth, there was significant decline in overseas shipments of machinery for packing or wrapping, when their volume decreased by -5.6% to 372K units. The total export volume increased at an average annual rate of +7.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 22% against the previous year. As a result, the exports reached the peak of 394K units, and then fell in the following year.
In value terms, machinery for packing exports contracted to $150M in 2022. The total export value increased at an average annual rate of +5.6% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 17%. As a result, the exports attained the peak of $165M, and then declined in the following year.
| Export of Machinery for Packing in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 5.0 | 7.8 | 7.7 | 13.5 | 39.2% |
| Iraq | 8.3 | 8.7 | 15.1 | 13.3 | 17.0% |
| United States | 4.1 | 7.7 | 15.7 | 7.8 | 23.9% |
| Algeria | 10.7 | 5.9 | 7.0 | 7.3 | -12.0% |
| Italy | 10.0 | 11.0 | 8.8 | 6.5 | -13.4% |
| Uzbekistan | 4.7 | 2.9 | 5.2 | 6.3 | 10.3% |
| Israel | 1.3 | 2.3 | 3.1 | 4.4 | 50.1% |
| Germany | 3.2 | 6.5 | 3.6 | 4.2 | 9.5% |
| Iran | 4.6 | 4.9 | 4.5 | 4.0 | -4.6% |
| France | 3.3 | 2.6 | 2.3 | 3.7 | 3.9% |
| India | 2.7 | 4.2 | 3.4 | 3.1 | 4.7% |
| Serbia | 1.8 | 2.3 | 2.6 | 3.1 | 19.9% |
| Libya | 2.8 | 3.3 | 1.6 | 2.4 | -5.0% |
| Others | 64.8 | 70.8 | 84.2 | 70.1 | 2.7% |
| Total | 127 | 141 | 165 | 150 | 5.7% |
Top Export Markets for Machinery for Packing from Turkey in 2022:
- Iraq (33.5K units)
- Uzbekistan (24.0K units)
- United States (19.8K units)
- Russia (19.4K units)
- Algeria (15.5K units)
- Italy (14.2K units)
- France (14.2K units)
- Israel (12.4K units)
- Iran (10.8K units)
- India (9.0K units)
- Libya (8.4K units)
- Germany (8.3K units)
- Serbia (8.0K units)
This report provides an in-depth analysis of the machinery for packing market 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 28292180 - Machinery for packing or wrapping (excluding for filling, c losing, sealing, capsuling or labelling bottles, cans, boxes, b ags or other containers)
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
-
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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In July 2023, the price of Machinery For Packing was $844 per unit (CIF, Turkey), showing a decrease of -31.5% compared to the previous month.
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In July 2023, the price of Machinery For Packing was $844 per unit (CIF, Turkey), showing a decrease of -31.5% compared to the previous month.
183
Explore the world's top import markets for machinery for packing, including the United States, China, Russia, Germany, France, and more. Get insights into import values and key statistics.
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Explore the top import markets for filling containers machinery worldwide, including the United States, China, and the United Kingdom. Get key statistics and insights from IndexBox market intelligence platform.
