Report Update: Apr 1, 2024

Turkey - Grinding Or Polishing Machines For Working Stone, Ceramics And Concrete - Market Analysis, Forecast, Size, Trends And Insights

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Stone Polishing Machine Price in Turkey - 2023

Stone Polishing Machine Price in Turkey (CIF) - 2022

In 2022, the average stone polishing machine import price amounted to $8,884 per unit, with an increase of 3.4% against the previous year. Over the period under review, the import price posted slight growth. The most prominent rate of growth was recorded in 2015 an increase of 114%. Over the period under review, average import prices reached the peak figure at $65,710 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($8,807 per unit), while the price for Italy ($8,593 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Stone Polishing Machine Price in Turkey (FOB) - 2022

In 2022, the average stone polishing machine export price amounted to $23,458 per unit, falling by -19.8% against the previous year. Over the period under review, the export price, however, posted a significant increase. The pace of growth was the most pronounced in 2015 an increase of 1,487% against the previous year. Over the period under review, the average export prices reached the peak figure at $56,638 per unit in 2018; however, from 2019 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 Egypt ($34,713 per unit), while the average price for exports to Ireland ($2,870 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 Egypt (+76.4%), while the prices for the other major destinations experienced more modest paces of growth.

Stone Polishing Machine Imports in Turkey

In 2022, the amount of grinding or polishing machines for working stone, ceramics and concrete imported into Turkey soared to 5.5K units, increasing by 22% compared with the year before. Overall, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports attained the peak figure at 6.3K units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, stone polishing machine imports soared to $49M in 2022. Over the period under review, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 102% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Import of Stone Polishing Machine in Turkey (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	4.7	10.4	13.6	26.6	78.2%
Italy	7.9	17.2	14.0	15.3	24.6%
Germany	1.1	5.0	8.0	3.7	49.8%
Others	4.0	3.1	3.5	3.6	-3.5%
Total	17.7	35.8	39.1	49.2	40.6%

Top Suppliers of Stone Polishing Machine to Turkey in 2022:

China (3.0K units)
Italy (1.8K units)
Germany (0.4K units)

Stone Polishing Machine Exports in Turkey

In 2022, approx. 405 units of grinding or polishing machines for working stone, ceramics and concrete were exported from Turkey; growing by 49% compared with the previous year's figure. In general, exports posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 56% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, stone polishing machine exports soared to $9.5M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +15.0% 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 +59.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 33%. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Stone Polishing Machine in Turkey (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	160	580	440	2,058	134.3%
Iraq	207	240	152	731	52.3%
Italy	350	310	530	642	22.4%
Serbia	270	336	389	471	20.4%
Egypt	278	N/A	43.2	347	7.7%
Germany	108	158	142	338	46.3%
Jordan	N/A	251	1.3	331	14.8%
Greece	32.1	1.3	48.5	312	113.4%
Georgia	46.3	46.1	16.8	234	71.6%
Kazakhstan	242	239	35.7	232	-1.4%
Romania	146	113	147	188	8.8%
Ireland	N/A	N/A	3.8	74.6	1863.2%
Bulgaria	163	57.5	28.5	69.0	-24.9%
Others	4,251	3,637	5,980	3,473	-6.5%
Total	6,254	5,969	7,958	9,500	15.0%

Top Export Markets for Stone Polishing Machine from Turkey in 2022:

Russia (78.0 units)
Ireland (26.0 units)
Iraq (26.0 units)
Italy (24.0 units)
Jordan (23.0 units)
Serbia (17.0 units)
Greece (16.0 units)
Germany (13.0 units)
Egypt (10.0 units)
Georgia (9.0 units)
Bulgaria (9.0 units)
Romania (8.0 units)
Kazakhstan (8.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the stone polishing machine market in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28491150 - Grinding or polishing machines for working stone, ceramics, c oncrete, asbestos-cement or like mineral materials or for cold working glass

Country coverage:

Turkey

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Turkey
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023