Turkey: Domestic Coffee Machine Market 2024

Domestic Coffee Machine Market Size in Turkey

The Turkish domestic coffee machine market reached $X in 2022, remaining constant against the previous year. Overall, consumption recorded a resilient expansion. Domestic coffee machine consumption peaked in 2022 and is expected to retain growth in the near future.

Domestic Coffee Machine Production in Turkey

In value terms, domestic coffee machine production fell rapidly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Domestic Coffee Machine Exports

Exports from Turkey

In 2022, overseas shipments of domestic electric coffee or tea makers decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, recorded noticeable growth. The pace of growth appeared the most rapid in 2015 with an increase of X%. The exports peaked at X units in 2021, and then dropped markedly in the following year.

In value terms, domestic coffee machine exports shrank notably to $X in 2022. In general, exports, however, posted a pronounced expansion. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then shrank rapidly in the following year.

Exports by Country

Russia (X units), Germany (X units) and Iraq (X units) were the main destinations of domestic coffee machine exports from Turkey, with a combined X% share of total exports. Egypt, the United Arab Emirates, Serbia, Greece, Kuwait, Kazakhstan, Iran, Slovenia, Turkmenistan and Azerbaijan 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 Serbia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) emerged as the key foreign market for domestic electric coffee or tea makers exports from Turkey, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Iraq, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Iraq (X% per year).

Export Prices by Country

The average domestic coffee machine export price stood at $X per unit in 2022, with an increase of X% against the previous year. In general, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 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 ($X per unit), while the average price for exports to Slovenia ($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 Egypt (X%), while the prices for the other major destinations experienced more modest paces of growth.

Domestic Coffee Machine Imports

Imports into Turkey

In 2022, supplies from abroad of domestic electric coffee or tea makers increased by X% to X units, rising for the third consecutive year after two years of decline. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by X%. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, domestic coffee machine imports surged to $X in 2022. In general, imports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2013 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest supplier of domestic coffee machine to Turkey, with a X% share of total imports. Moreover, domestic coffee machine imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X units), fivefold. The third position in this ranking was held by Romania (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and Romania (X% per year).

In value terms, the largest domestic coffee machine suppliers to Turkey were China ($X), Romania ($X) and Slovenia ($X), with a combined X% share of total imports.

In terms of the main suppliers, Romania, 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

In 2022, the average domestic coffee machine import price amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the import price saw a buoyant expansion. The most prominent rate of growth was recorded in 2014 an increase of X%. The import price peaked in 2022 and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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