Turkey: Textile Relling Machine Market 2024

Textile Relling Machine Market Size in Turkey

The Turkish textile relling machine market plummeted to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption recorded a pronounced curtailment. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Textile Relling Machine Production in Turkey

In value terms, textile relling machine production fell dramatically to $X in 2022 estimated in export price. In general, production, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Textile Relling Machine Exports

Exports from Turkey

In 2022, overseas shipments of machines for reeling, unreeling or textile fabrics increased by X% to X units, rising for the second year in a row after three years of decline. In general, exports showed resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, textile relling machine exports skyrocketed to $X in 2022. Overall, exports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Uzbekistan (X units), Egypt (X units) and Pakistan (X units) were the main destinations of textile relling machine exports from Turkey, together comprising X% of total exports. Bangladesh, Morocco, Iran, Russia, India, Italy, the United States, Serbia, Tajikistan and Bulgaria 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 the United States (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Uzbekistan ($X) remains the key foreign market for machines for reeling, unreeling or textile fabrics exports from Turkey, comprising X% of total exports. The second position in the ranking was taken by Egypt ($X), with a X% share of total exports. It was followed by Russia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Uzbekistan stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (X% per year) and Russia (X% per year).

Export Prices by Country

In 2022, the average textile relling machine export price amounted to $X per unit, falling by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2020; however, from 2021 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 Russia ($X per unit), while the average price for exports to Egypt ($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 Uzbekistan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Textile Relling Machine Imports

Imports into Turkey

In 2022, textile relling machine imports into Turkey surged to X units, jumping by X% on the previous year. In general, imports saw a buoyant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, textile relling machine imports soared to $X in 2022. Over the period under review, imports posted strong growth. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

Italy (X units), China (X units) and Germany (X units) were the main suppliers of textile relling machine imports to Turkey, together comprising X% of total imports. France, Serbia, the United States, Belgium and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

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

In value terms, Italy ($X), Germany ($X) and China ($X) appeared to be the largest textile relling machine suppliers to Turkey, together accounting for X% of total imports. France, Serbia, the United States, Belgium and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

Serbia, with a CAGR of X%, saw the highest rates of growth with regard to 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 textile relling machine import price amounted to $X per unit, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in years to come.

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

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

Source: IndexBox Platform

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