Turkey: Market for Lathes For Removing Metal 2024

Market Size for Lathes For Removing Metal in Turkey

The Turkish lathe for removing metal market totaled $X in 2022, flattening at the previous year. In general, consumption saw a noticeable decrease. Lathe for removing metal consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Lathes For Removing Metal in Turkey

In value terms, lathe for removing metal production shrank remarkably to $X in 2022 estimated in export price. Overall, production continues to indicate a deep downturn. The pace of growth was the most pronounced in 2015 when the production volume increased by X%. Over the period under review, lafor removing metal production attained the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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Exports of Lathes For Removing Metal

Exports from Turkey

In 2022, exports of lathes for removing metal from Turkey skyrocketed to X units, picking up by X% compared with the previous year's figure. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, lathe for removing metal exports skyrocketed to $X in 2022. Over the period under review, exports recorded significant growth. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the lafor removing metal exports hit record highs in 2022 and are likely to continue growth in the near future.

Exports by Country

Saudi Arabia (X units), Russia (X units) and Turkmenistan (X units) were the main destinations of lathe for removing metal exports from Turkey, with a combined X% share of total exports. Germany, Bangladesh, Spain, Azerbaijan, Uzbekistan, Ukraine, the United Arab Emirates, Iran, Japan and Iraq lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for lathe for removing metal exported from Turkey were Germany ($X), Russia ($X) and Turkmenistan ($X), with a combined X% share of total exports. Bangladesh, Azerbaijan, Saudi Arabia, Uzbekistan, the United Arab Emirates, Japan, Iran, Iraq, Ukraine and Spain lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Bangladesh, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average lathe for removing metal export price amounted to $X per unit, waning by X% against the previous year. Over the period under review, the export price, however, saw a moderate expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Spain ($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 the United Arab Emirates (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lathes For Removing Metal

Imports into Turkey

For the third consecutive year, Turkey recorded growth in purchases abroad of lathes for removing metal, which increased by X% to X units in 2022. Over the period under review, imports recorded strong growth. The growth pace was the most rapid in 2020 when imports increased by X%. Over the period under review, lafor removing metal imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, lathe for removing metal imports soared to $X in 2022. In general, imports saw a buoyant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, lafor removing metal imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

Taiwan (Chinese) (X units), South Korea (X units) and China (X units) were the main suppliers of lathe for removing metal imports to Turkey, together accounting for X% of total imports. Japan, Germany, Slovakia, Italy and Iran lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest lathe for removing metal suppliers to Turkey were Taiwan (Chinese) ($X), South Korea ($X) and Japan ($X), together comprising X% of total imports.

In terms of the main suppliers, South Korea, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, 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 lathe for removing metal import price amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the import price, however, showed a mild decrease. Over the period under review, average import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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