Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Turkey - 2023

Contents:

1. Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Turkey (CIF) - 2022
2. Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Turkey (FOB) - 2022
3. Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Turkey
4. Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Turkey

Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Turkey (CIF) - 2022

The average import price for machinery; parts of machinery for making or finishing paper or paperboard stood at $26,957 per ton in 2022, which is down by -4.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.8%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 32%. Over the period under review, average import prices reached the peak figure at $29,271 per ton in 2015; however, from 2016 to 2022, import prices remained at a 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 the Czech Republic ($87,512 per ton), while the price for India ($8,480 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Turkey (FOB) - 2022

The average export price for machinery; parts of machinery for making or finishing paper or paperboard stood at $7,229 per ton in 2022, waning by -37.6% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 74%. Over the period under review, the average export prices reached the maximum at $11,580 per ton in 2021, and then shrank sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($16,247 per ton), while the average price for exports to Russia ($5,466 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+18.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Turkey

After two years of decline, supplies from abroad of machinery; parts of machinery for making or finishing paper or paperboard increased by 38% to 642 tons in 2022. The total import volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of machinery; parts of machinery for making or finishing paper or paperboard skyrocketed to $17M in 2022. In general, total imports indicated a noticeable expansion from 2019 to 2022: its value increased at an average annual rate of +3.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.4% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard to Turkey in 2022:

1. Germany (223.2 tons)
2. China (136.1 tons)
3. Austria (83.6 tons)
4. Italy (36.6 tons)
5. United Kingdom (35.4 tons)
6. Netherlands (24.0 tons)
7. Slovenia (19.1 tons)
8. Spain (16.5 tons)
9. Finland (14.2 tons)

Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Turkey

Exports of machinery; parts of machinery for making or finishing paper or paperboard from Turkey surged to 101 tons in 2022, with an increase of 36% compared with the previous year. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 56% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of machinery; parts of machinery for making or finishing paper or paperboard dropped rapidly to $727K in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 132%. As a result, the exports reached the peak of $858K, and then declined dramatically in the following year.

Top Export Markets for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard from Turkey in 2022:

1. Russia (36.1 tons)
2. Bulgaria (15.6 tons)
3. Algeria (14.1 tons)
4. Germany (12.5 tons)
5. Italy (4.6 tons)
6. Austria (4.5 tons)
7. United Kingdom (2.8 tons)
8. Iran (1.3 tons)

Source: IndexBox Market Intelligence Platform