Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Turkey - 2024

Contents:

1. Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Turkey (CIF) - 2022
2. Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Turkey (FOB) - 2022
3. Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Turkey
4. Exports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Turkey

Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Turkey (CIF) - 2022

In 2022, the average import price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses amounted to $446,264 per unit, surging by 14% against the previous year. Overall, the import price showed a measured expansion. The growth pace was the most rapid in 2013 when the average import price increased by 142%. As a result, import price reached the peak level of $722,760 per unit. From 2014 to 2022, the average 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 Germany ($625,954 per unit), while the price for Belgium ($5,868 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Turkey (FOB) - 2022

In 2022, the average export price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses amounted to $23,021 per unit, with an increase of 57% against the previous year. Over the period under review, the export price, however, showed a abrupt slump. The growth pace was the most rapid in 2017 when the average export price increased by 66% against the previous year. Over the period under review, the average export prices attained the maximum at $52,518 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($83,677 per unit), while the average price for exports to Denmark ($28 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+20.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Turkey

In 2022, imports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses into Turkey shrank modestly to 477 units, almost unchanged from 2021. Over the period under review, imports, however, posted prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 81%. As a result, imports attained the peak of 478 units, leveling off in the following year.

In value terms, imports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses expanded significantly to $213M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +8.6% 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 +85.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 64%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Top Suppliers of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials to Turkey in 2022:

1. China (215.0 units)
2. Germany (162.0 units)
3. Italy (38.0 units)
4. India (34.0 units)
5. Taiwan (Chinese) (13.0 units)
6. Japan (9.0 units)
7. Belgium (1.0 units)

Exports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Turkey

Exports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses from Turkey soared to 103 units in 2022, with an increase of 41% on 2021 figures. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +5.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +87.3% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses surged to $2.4M in 2022. Overall, exports showed pronounced growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials from Turkey in 2022:

1. Denmark (45.0 units)
2. Iran (10.0 units)
3. Israel (9.0 units)
4. Belarus (7.0 units)
5. Hungary (4.0 units)
6. Iraq (4.0 units)
7. Germany (3.0 units)
8. Argentina (3.0 units)
9. Canada (2.0 units)
10. Mali (2.0 units)
11. Austria (2.0 units)
12. Sri Lanka (2.0 units)
13. Kazakhstan (2.0 units)

Source: IndexBox Market Intelligence Platform