Turkey: Dry-Cleaning Machine Market 2024

Dry-Cleaning Machine Market Size in Turkey

For the sixth consecutive year, the Turkish dry-cleaning machine market recorded decline in sales value, which decreased by -22.8% to $X in 2021. Over the period under review, consumption saw a deep slump. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Dry-Cleaning Machine Production in Turkey

In value terms, dry-cleaning machine production reduced markedly to $X in 2021 estimated in export price. Overall, production saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 101% against the previous year. As a result, production attained the peak level of $X, and then declined markedly in the following year.

Dry-Cleaning Machine Exports

Exports from Turkey

In 2021, approx. X units of dry-cleaning machines were exported from Turkey; jumping by 25% against the previous year's figure. In general, exports, however, recorded a perceptible setback. The most prominent rate of growth was recorded in 2020 with an increase of 60% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, dry-cleaning machine exports reduced slightly to $X in 2021. Over the period under review, exports, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2017 when exports increased by 103%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Uzbekistan (X units), Egypt (X units) and Russia (X units) were the main destinations of dry-cleaning machine exports from Turkey, with a combined 47% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Egypt (with a CAGR of +21.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Uzbekistan ($X), Egypt ($X) and Russia ($X) constituted the largest markets for dry-cleaning machine exported from Turkey worldwide, together accounting for 47% of total exports. Azerbaijan, the United States, Israel, Oman, Maldives, Iraq, Iran, Bulgaria, Italy and Greece lagged somewhat behind, together comprising a further 47%.

The United States, with a CAGR of +80.3%, saw 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

In 2021, the average dry-cleaning machine export price amounted to $X per unit, with a decrease of -23.9% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 64%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Bulgaria ($X per unit), while the average price for exports to Oman ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+34.1%), while the prices for the other major destinations experienced more modest paces of growth.

Dry-Cleaning Machine Imports

Imports into Turkey

In 2021, purchases abroad of dry-cleaning machines increased by 15% to X units for the first time since 2015, thus ending a five-year declining trend. Over the period under review, imports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2013 when imports increased by 54%. As a result, imports reached the peak of X units. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, dry-cleaning machine imports rose sharply to $X in 2021. Overall, imports, however, recorded a abrupt contraction. The pace of growth was the most pronounced in 2013 when imports increased by 53% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Italy (X units) was the main supplier of dry-cleaning machine to Turkey, with a 93% share of total imports. Moreover, dry-cleaning machine imports from Italy exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Italy stood at -14.6%.

In value terms, Italy ($X) constituted the largest supplier of dry-cleaning machines to Turkey, comprising 96% of total imports. The second position in the ranking was taken by Germany ($X), with a 3.2% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Italy stood at -14.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-26.9% per year) and the United Arab Emirates (+164.4% per year).

Import Prices by Country

The average dry-cleaning machine import price stood at $X per unit in 2021, reducing by -7.9% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 15% against the previous year. As a result, import price reached the peak level of $X per unit, and then dropped in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+129.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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