Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Turkey - 2024
Contents:
- Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Turkey (CIF) - 2022
- Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Turkey (FOB) - 2024
- Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Turkey
- Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Turkey
Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Turkey (CIF) - 2022
In 2022, the average import price for casting machines; of a kind used in metallurgy or in metal foundrieses amounted to $40,150 per unit, growing by 59% against the previous year. Overall, the import price recorded a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($128,781 per unit), while the price for Taiwan (Chinese) ($3,140 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Turkey (FOB) - 2024
In January 2024, the average export price for casting machines; of a kind used in metallurgy or in metal foundrieses amounted to $70,251 per unit, remaining stable against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. As a result, the export price reached the peak level of $70,254 per unit, leveling off in the following month.
Average prices varied noticeably for the major external markets. In January 2024, the highest price was recorded for prices to Belarus ($75,000 per unit) and Kazakhstan ($70,263 per unit), while the average price for exports to Israel ($69,778 per unit) and Iraq ($70,000 per unit) were amongst the lowest.
From December 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Turkey
Imports of casting machines; of a kind used in metallurgy or in metal foundrieses into Turkey skyrocketed to 2.2K units in 2022, rising by 17% against 2021. In general, imports posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 73%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of casting machines; of a kind used in metallurgy or in metal foundrieses surged to $89M in 2022. Overall, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.5 | 3.1 | 6.6 | 29.3 | 127.1% |
| Italy | 9.2 | 3.3 | 6.0 | 16.1 | 20.5% |
| Austria | 0.6 | 0.3 | 0.1 | 11.5 | 167.6% |
| Germany | 9.6 | 10.1 | 10.1 | 9.0 | -2.1% |
| United States | 0.1 | 5.3 | 3.2 | 6.4 | 300.0% |
| Japan | 0.3 | N/A | 0.2 | 6.4 | 177.3% |
| France | 1.2 | 0.1 | 1.5 | 4.2 | 51.8% |
| Finland | 2.6 | 2.1 | 1.8 | 0.6 | -38.7% |
| United Kingdom | 0.3 | 0.8 | 2.5 | 0.2 | -12.6% |
| Poland | 0.7 | N/A | 0.1 | N/A | -62.2% |
| Denmark | 3.9 | 4.1 | 4.6 | N/A | 8.6% |
| Others | 4.1 | 2.7 | 10.8 | 5.1 | 7.5% |
| Total | 35.0 | 32.1 | 47.4 | 88.7 | 36.3% |
Top Suppliers of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries to Turkey in 2022:
- Austria (646.0 units)
- Japan (413.0 units)
- China (341.0 units)
- Italy (265.0 units)
- Germany (227.0 units)
- France (107.0 units)
- United States (50.0 units)
- United Kingdom (33.0 units)
- Finland (18.0 units)
Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Turkey
In 2022, the amount of casting machines; of a kind used in metallurgy or in metal foundrieses exported from Turkey rose sharply to 196 units, increasing by 13% on the previous year's figure. Over the period under review, exports showed significant growth. The growth pace was the most rapid in 2021 with an increase of 69% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of casting machines; of a kind used in metallurgy or in metal foundrieses contracted markedly to $4.3M in 2022. In general, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 119% against the previous year. As a result, the exports attained the peak of $7.9M, and then contracted remarkably in the following year.
| Export of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 266 | 160 | 327 | 695 | 37.7% |
| United States | 9.7 | 42.2 | 222 | 600 | 295.5% |
| Australia | 0.7 | 0.9 | 1.9 | 570 | 833.8% |
| Morocco | 2.9 | 105 | 8.0 | 460 | 441.3% |
| Russia | 95.9 | 138 | 2,313 | 296 | 45.6% |
| Kazakhstan | 54.4 | 3.7 | 1.9 | 170 | 46.2% |
| Netherlands | 1.6 | 4.4 | 37.6 | 54.5 | 224.2% |
| Kenya | 859 | N/A | N/A | N/A | 0% |
| Malaysia | 288 | 396 | 850 | N/A | 71.8% |
| Mexico | 650 | 611 | 687 | N/A | 2.8% |
| Portugal | 34.9 | 14.3 | 2.4 | N/A | -73.8% |
| Others | 1,947 | 2,153 | 3,480 | 1,460 | -9.1% |
| Total | 4,210 | 3,628 | 7,932 | 4,306 | 0.8% |
Top Export Markets for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries from Turkey in 2022:
- Australia (70.0 units)
- United States (67.0 units)
- Morocco (7.0 units)
- Netherlands (7.0 units)
- Kazakhstan (7.0 units)
- Romania (5.0 units)
- Russia (5.0 units)
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