Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Turkey - 2024

Contents:

  1. Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Turkey (FOB) - 2022
  2. Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Turkey (CIF) - 2022
  3. Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Turkey
  4. Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Turkey

Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Turkey (FOB) - 2022

In 2022, the average export price for weighing machines; having a maximum weighing capacity exceeding 5000kgs amounted to $10,601 per unit, increasing by 25% against the previous year. In general, the export price enjoyed a prominent expansion. The pace of growth was the most pronounced in 2020 an increase of 42% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ethiopia ($16,263 per unit), while the average price for exports to Kazakhstan ($5,020 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 Romania (+24.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Turkey (CIF) - 2022

In 2022, the average import price for weighing machines; having a maximum weighing capacity exceeding 5000kgs amounted to $1,023 per unit, shrinking by -50.9% against the previous year. In general, the import price, however, recorded a moderate increase. The most prominent rate of growth was recorded in 2021 an increase of 117% against the previous year. As a result, import price attained the peak level of $2,083 per unit, and then shrank markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($12,473 per unit), while the price for China ($358 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+51.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Turkey

In 2022, overseas shipments of weighing machines; having a maximum weighing capacity exceeding 5000kgs were finally on the rise to reach 814 units after two years of decline. Overall, exports, however, saw a dramatic downturn. The exports peaked at 1.6K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of weighing machines; having a maximum weighing capacity exceeding 5000kgs surged to $8.6M in 2022. The total export value increased at an average annual rate of +4.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iraq1,9999571,0091,256-14.4%
Romania107130270862100.5%
Bulgaria30322233971433.1%
Georgia30532822051218.8%
Libya98.623842547769.1%
Azerbaijan30122264044914.3%
Kazakhstan47.137.129.636698.1%
United Arab Emirates16.388.724.2305165.5%
Ethiopia47.927245.326075.7%
Uzbekistan32060.284.9227-10.8%
Nigeria17017419422710.1%
Serbia32.515560.917876.3%
Turkmenistan261131106173-12.8%
Others3,4853,7832,6102,625-9.0%
Total7,4946,7976,0578,6294.8%

Top Export Markets for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg from Turkey in 2022:

  1. Romania (101.0 units)
  2. Iraq (92.0 units)
  3. Kazakhstan (73.0 units)
  4. Bulgaria (61.0 units)
  5. Azerbaijan (50.0 units)
  6. Georgia (41.0 units)
  7. Libya (36.0 units)
  8. United Arab Emirates (33.0 units)
  9. Serbia (22.0 units)
  10. Nigeria (22.0 units)
  11. Uzbekistan (19.0 units)
  12. Turkmenistan (16.0 units)
  13. Ethiopia (16.0 units)

Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Turkey

In 2022, approx. 1.2K units of weighing machines; having a maximum weighing capacity exceeding 5000kgs were imported into Turkey; surging by 49% compared with 2021 figures. Overall, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 81% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of weighing machines; having a maximum weighing capacity exceeding 5000kgs reduced markedly to $1.2M in 2022. Over the period under review, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 101%. As a result, imports reached the peak of $1.7M, and then dropped sharply in the following year.

Import of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China75.115264.133865.1%
Czech RepublicN/A22.2398289260.8%
FranceN/AN/AN/A1940%
United States9.220791.6175166.9%
Italy83.32662991089.0%
Germany18017.564642.8-38.0%
United Kingdom33.18.763.527.3-6.2%
Others34.715210040.35.1%
Total4168261,6621,21542.9%

Top Suppliers of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg to Turkey in 2022:

  1. China (942.0 units)
  2. France (91.0 units)
  3. Italy (68.0 units)
  4. Czech Republic (50.0 units)
  5. United States (14.0 units)
  6. Germany (7.0 units)
  7. United Kingdom (5.0 units)

Source: IndexBox Market Intelligence Platform

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