Turkey: Dairy Machinery Market 2024

Dairy Machinery Market Size in Turkey

In 2022, after four years of growth, there was significant decline in the Turkish dairy machinery market, when its value decreased by -8.9% to $X. Overall, consumption, however, recorded a remarkable increase. Over the period under review, the market reached the peak level at $X in 2021, and then contracted in the following year.

Dairy Machinery Production in Turkey

In value terms, dairy machinery production fell sharply to $X in 2022 estimated in export price. In general, production, however, continues to indicate a strong increase. The pace of growth was the most pronounced in 2013 with an increase of 110% against the previous year. Dairy machinery production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Dairy Machinery Exports

Exports from Turkey

In 2022, exports of dairy machinery from Turkey soared to X units, growing by 24% against the year before. Overall, exports recorded a resilient expansion. The pace of growth appeared the most rapid in 2017 with an increase of 47%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, dairy machinery exports skyrocketed to $X in 2022. In general, exports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of 69%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Russia (X units), Kazakhstan (X units) and Uzbekistan (X units) were the main destinations of dairy machinery exports from Turkey, with a combined 20% share of total exports. Cote d'Ivoire, Iraq, Qatar, Israel, Azerbaijan, Lebanon, Belarus, Algeria, Romania and Iran lagged somewhat behind, together comprising a further 33%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cote d'Ivoire (with a CAGR of +201.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for dairy machinery exported from Turkey were Russia ($X), Uzbekistan ($X) and Lebanon ($X), together comprising 20% of total exports. Algeria, Qatar, Romania, Israel, Iraq, Kazakhstan, Azerbaijan, Belarus, Iran and Cote d'Ivoire lagged somewhat behind, together accounting for a further 26%.

In terms of the main countries of destination, Cote d'Ivoire, with a CAGR of +170.1%, 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

The average dairy machinery export price stood at $X per unit in 2022, falling by -6.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2013 an increase of 26% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2014; however, from 2015 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 Lebanon ($X per unit), while the average price for exports to Cote d'Ivoire ($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 Russia (+34.5%), while the prices for the other major destinations experienced more modest paces of growth.

Dairy Machinery Imports

Imports into Turkey

In 2022, overseas purchases of dairy machinery increased by 68% to X units, rising for the second consecutive year after two years of decline. In general, imports, however, continue to indicate a perceptible slump. The pace of growth appeared the most rapid in 2014 when imports increased by 260% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, dairy machinery imports surged to $X in 2022. Overall, imports, however, showed a pronounced decline. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of dairy machinery to Turkey, with a 59% share of total imports. Moreover, dairy machinery imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. Switzerland (X units) ranked third in terms of total imports with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-6.8% per year) and Switzerland (+1.9% per year).

In value terms, Germany ($X) constituted the largest supplier of dairy machinery to Turkey, comprising 70% of total imports. The second position in the ranking was taken by Italy ($X), with a 13% share of total imports. It was followed by Switzerland, with a 5.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled +2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-6.3% per year) and Switzerland (-3.7% per year).

Import Prices by Country

The average dairy machinery import price stood at $X per unit in 2022, with an increase of 123% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 ($X per unit), while the price for India ($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 (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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