Turkey: Gravimetric Filling Machine Market 2024

Gravimetric Filling Machine Market Size in Turkey

The Turkish gravimetric filling machine market soared to $X in 2022, jumping by 27% against the previous year. Overall, consumption saw a significant expansion. Gravimetric filling machine consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Gravimetric Filling Machine Production in Turkey

In value terms, gravimetric filling machine production skyrocketed to $X in 2022 estimated in export price. Overall, production saw a resilient expansion. The pace of growth was the most pronounced in 2020 with an increase of 194% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Gravimetric Filling Machine Exports

Exports from Turkey

In 2022, overseas shipments of automatic gravimetric filling machines decreased by -11.9% to X units, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a abrupt descent. The growth pace was the most rapid in 2014 when exports increased by 93% against the previous year. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, gravimetric filling machine exports contracted markedly to $X in 2022. In general, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 73% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Poland (X units), Cyprus (X units) and Azerbaijan (X units) were the main destinations of gravimetric filling machine exports from Turkey, with a combined 47% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +54.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for gravimetric filling machine exported from Turkey were Azerbaijan ($X), Iraq ($X) and Iran ($X), together accounting for 26% of total exports. The United States, Poland, Ukraine, Cyprus, Lebanon, Uzbekistan, Bosnia and Herzegovina, Libya and Georgia lagged somewhat behind, together comprising a further 31%.

Ukraine, with a CAGR of +72.9%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average gravimetric filling machine export price stood at $X per unit in 2022, reducing by -21.8% against the previous year. Over the period under review, the export price, however, showed a slight expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 100%. Over the period under review, the average export prices hit record highs at $X per unit in 2019; however, from 2020 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 Iraq ($X per unit), while the average price for exports to Georgia ($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 Bosnia and Herzegovina (+30.3%), while the prices for the other major destinations experienced more modest paces of growth.

Gravimetric Filling Machine Imports

Imports into Turkey

In 2022, approx. X units of automatic gravimetric filling machines were imported into Turkey; with a decrease of -15.2% on 2021 figures. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 206%. Imports peaked at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, gravimetric filling machine imports dropped to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when imports increased by 90% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of gravimetric filling machine to Turkey, accounting for a 64% share of total imports. Moreover, gravimetric filling machine imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. Japan (X units) ranked third in terms of total imports with a 5.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +22.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-7.0% per year) and Japan (+7.2% per year).

In value terms, the largest gravimetric filling machine suppliers to Turkey were Germany ($X), China ($X) and Denmark ($X), together accounting for 65% of total imports.

Among the main suppliers, China, with a CAGR of +30.4%, 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

The average gravimetric filling machine import price stood at $X per unit in 2022, surging by 14% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 71%. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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