Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Turkey - 2024
Contents:
- Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Turkey (CIF) - 2024
- Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Turkey (FOB) - 2022
- Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Turkey
- Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Turkey
Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Turkey (CIF) - 2024
In December 2023, the average import price for machine-tools; parts and accessories, tool holders and self-opening dieheadses amounted to $92,077 per ton, rising by 23% against the previous month. Over the period from January 2023 to December 2023, it increased at an average monthly rate of +2.2%. The pace of growth was the most pronounced in October 2023 when the average import price increased by 84% against the previous month. The import price peaked in December 2023.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Israel ($357K per ton), while the price for China ($14,743 per ton) was amongst the lowest.
From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Turkey (FOB) - 2022
The average export price for machine-tools; parts and accessories, tool holders and self-opening dieheadses stood at $35,500 per ton in 2022, rising by 7.4% against the previous year. Over the period under review, the export price, however, showed a perceptible contraction. The pace of growth was the most pronounced in 2020 when the average export price increased by 14%. Over the period under review, the average export prices reached the maximum at $57,942 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($72,617 per ton), while the average price for exports to Italy ($14,847 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 Belgium (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Turkey
Imports of machine-tools; parts and accessories, tool holders and self-opening dieheadses into Turkey expanded sharply to 687 tons in 2022, increasing by 5% compared with the year before. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +14.8% 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 +51.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 41%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of machine-tools; parts and accessories, tool holders and self-opening dieheadses totaled $42M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 11.1 | 9.6 | 12.3 | 13.3 | 6.2% |
| Italy | 4.3 | 3.2 | 4.5 | 5.1 | 5.9% |
| China | 2.2 | 3.1 | 3.8 | 5.0 | 31.5% |
| South Korea | 2.0 | 2.4 | 3.1 | 3.1 | 15.7% |
| Japan | 1.2 | 1.1 | 1.8 | 2.2 | 22.4% |
| India | 0.5 | 0.4 | 0.7 | 1.2 | 33.9% |
| Netherlands | 0.9 | 1.0 | 1.1 | 0.7 | -8.0% |
| Taiwan (Chinese) | 0.4 | 0.3 | 0.6 | 0.6 | 14.5% |
| Others | 8.0 | 6.8 | 9.5 | 10.8 | 10.5% |
| Total | 30.5 | 27.8 | 37.5 | 42.0 | 11.3% |
Top Suppliers of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads to Turkey in 2022:
- China (339.8 tons)
- Italy (108.6 tons)
- Germany (93.4 tons)
- Taiwan (Chinese) (24.3 tons)
- India (19.1 tons)
- South Korea (18.7 tons)
- Netherlands (16.6 tons)
- Japan (13.2 tons)
Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Turkey
In 2022, the amount of machine-tools; parts and accessories, tool holders and self-opening dieheadses exported from Turkey reached 818 tons, with an increase of 2.6% against the previous year's figure. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +5.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 63%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of machine-tools; parts and accessories, tool holders and self-opening dieheadses expanded markedly to $29M in 2022. In general, exports enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 84% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 12.6 | 9.0 | 12.1 | 11.1 | -4.1% |
| Russia | 0.2 | 0.2 | 0.7 | 5.5 | 201.8% |
| Israel | 1.8 | 1.2 | 2.3 | 2.1 | 5.3% |
| Italy | 0.3 | 0.5 | 1.3 | 1.3 | 63.0% |
| Poland | 0.1 | 0.9 | 1.4 | 1.1 | 122.4% |
| France | 0.2 | 0.3 | 1.8 | 1.0 | 71.0% |
| United Kingdom | 0.2 | 0.1 | 0.8 | 0.7 | 51.8% |
| Spain | 0.1 | 0.1 | 0.4 | 0.7 | 91.3% |
| United States | 0.1 | N/A | 0.4 | 0.6 | 81.7% |
| Others | 2.3 | 2.0 | 5.2 | 4.9 | 28.7% |
| Total | 17.9 | 14.3 | 26.4 | 29.1 | 17.6% |
Top Export Markets for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads from Turkey in 2022:
- Germany (356.9 tons)
- Italy (86.9 tons)
- Israel (76.8 tons)
- Russia (76.1 tons)
- France (33.7 tons)
- Poland (24.2 tons)
- United Kingdom (19.5 tons)
- United States (16.1 tons)
- Spain (13.1 tons)
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