Turkey: Sugar-Manufacturing Industrial Machinery Market 2024

Sugar-Manufacturing Industrial Machinery Market Size in Turkey

The Turkish sugar-manufacturing industrial machinery market contracted modestly to $X in 2022, approximately reflecting the previous year. In general, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Sugar-Manufacturing Industrial Machinery Production in Turkey

In value terms, sugar-manufacturing industrial machinery production reduced to $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

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Sugar-Manufacturing Industrial Machinery Exports

Exports from Turkey

Sugar-manufacturing industrial machinery exports from Turkey rose remarkably to X units in 2022, picking up by X% compared with 2021. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, sugar-manufacturing industrial machinery exports declined dramatically to $X in 2022. Over the period under review, exports, however, showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Cameroon (X units), Ukraine (X units) and Kazakhstan (X units) were the main destinations of sugar-manufacturing industrial machinery exports from Turkey, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Ukraine (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Cameroon ($X) remains the key foreign market for industrial machinery for the manufacture or preparation of sugar exports from Turkey, comprising X% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with an X% share of total exports. It was followed by Ukraine, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Cameroon stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (X% per year) and Ukraine (X% per year).

Export Prices by Country

In 2022, the average sugar-manufacturing industrial machinery export price amounted to $X per unit, falling by X% against the previous year. In general, the export price saw a pronounced decrease. The pace of growth was the most pronounced in 2021 an increase of X%. The export price peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ethiopia ($X per unit), while the average price for exports to Israel ($X 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 France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sugar-Manufacturing Industrial Machinery Imports

Imports into Turkey

Sugar-manufacturing industrial machinery imports into Turkey declined significantly to X units in 2022, with a decrease of X% on 2021 figures. In general, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Imports peaked at X units in 2021, and then declined rapidly in the following year.

In value terms, sugar-manufacturing industrial machinery imports soared to $X in 2022. Over the period under review, imports, however, continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2015 when imports increased by X%. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Italy (X units), the Czech Republic (X units) and Germany (X units) were the main suppliers of sugar-manufacturing industrial machinery imports to Turkey, with a combined X% share of total imports. Norway, Belgium, France and China lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Norway (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sugar-manufacturing industrial machinery suppliers to Turkey were Italy ($X), Germany ($X) and the Czech Republic ($X), with a combined X% share of total imports. Norway, France, Belgium and China lagged somewhat behind, together accounting for a further X%.

Norway, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average sugar-manufacturing industrial machinery import price amounted to $X per unit, picking up by X% against the previous year. Overall, the import price, however, continues to indicate a abrupt descent. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 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 France ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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