Turkey: Multi-Station Transfer Machine Market 2024

Multi-Station Transfer Machine Market Size in Turkey

In 2022, the Turkish multi-station transfer machine market increased by X% to $X, rising for the fifth year in a row after three years of decline. Overall, consumption posted pronounced growth. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Multi-Station Transfer Machine Production in Turkey

In value terms, multi-station transfer machine production declined remarkably to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Multi-Station Transfer Machine Exports

Exports from Turkey

In 2022, multi-station transfer machine exports from Turkey skyrocketed to X units, growing by X% on the previous year's figure. In general, exports saw strong growth. Over the period under review, the exports attained the maximum at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, multi-station transfer machine exports surged to $X in 2022. Overall, exports saw a remarkable increase. The pace of growth appeared the most rapid in 2013 when exports increased by X%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X units) was the main destination for multi-station transfer machine exports from Turkey, accounting for a X% share of total exports. Moreover, multi-station transfer machine exports to Germany exceeded the volume sent to the second major destination, Russia (X units), sixfold. The third position in this ranking was held by Iran (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Iran (X% per year).

In value terms, Russia ($X) remains the key foreign market for multi-station transfer machines for working metal exports from Turkey, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by Uzbekistan, with an X% share.

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

Export Prices by Country

In 2022, the average multi-station transfer machine export price amounted to $X per unit, reducing by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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

Multi-Station Transfer Machine Imports

Imports into Turkey

Multi-station transfer machine imports into Turkey declined sharply to X units in 2022, with a decrease of X% compared with the previous year's figure. In general, imports saw a perceptible setback. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, multi-station transfer machine imports soared to $X in 2022. Over the period under review, imports saw a pronounced curtailment. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Italy (X units), Germany (X units) and the Czech Republic (X units) were the main suppliers of multi-station transfer machine imports to Turkey, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Austria ($X) and the Czech Republic ($X) constituted the largest multi-station transfer machine suppliers to Turkey, with a combined X% share of total imports. Spain, Italy, Japan, China and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

Among the main suppliers, China, with a CAGR of X%, recorded the highest growth rate of 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

The average multi-station transfer machine import price stood at $X per unit in 2022, picking up by X% against the previous year. Over the period under review, the import price enjoyed a mild expansion. The import price peaked at $X per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X,069 per unit), while the price for Taiwan (Chinese) ($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 more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :