Turkey: Agricultural Product Dryer Market 2024

Agricultural Product Dryer Market Size in Turkey

The Turkish agricultural product dryer market surged to $X in 2021, rising by 220% against the previous year. In general, consumption recorded a buoyant increase. Agricultural product dryer consumption peaked in 2021 and is expected to retain growth in the immediate term.

Agricultural Product Dryer Production in Turkey

In value terms, agricultural product dryer production fell significantly to $X in 2021 estimated in export price. Overall, production recorded a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of 120% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Agricultural Product Dryer Exports

Exports from Turkey

Agricultural product dryer exports from Turkey soared to X units in 2021, rising by 23% against 2020. In general, exports enjoyed a resilient increase. The pace of growth was the most pronounced in 2017 with an increase of 187% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, agricultural product dryer exports skyrocketed to $X in 2021. Over the period under review, exports continue to indicate resilient growth. The pace of growth was the most pronounced in 2017 when exports increased by 99% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in years to come.

Exports by Country

Russia (X units), Iraq (X units) and Ukraine (X units) were the main destinations of agricultural product dryer exports from Turkey, together comprising 38% of total exports. Moldova, Kazakhstan, Mauritania, Hungary, Denmark, Uzbekistan, Azerbaijan, Bulgaria, Ghana and Turkmenistan lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Uzbekistan (with a CAGR of +38.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for agricultural product dryer exported from Turkey were Russia ($X), Iraq ($X) and Ukraine ($X), with a combined 41% share of total exports. These countries were followed by Moldova, Kazakhstan, Denmark, Hungary, Uzbekistan, Azerbaijan, Bulgaria, Turkmenistan, Ghana and Mauritania, which together accounted for a further 38%.

Azerbaijan, with a CAGR of +88.1%, 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 agricultural product dryer export price stood at $X per unit in 2021, jumping by 17% against the previous year. Over the period under review, the export price, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2019 when the average export price increased by 27%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2021, 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 Bulgaria ($X per unit), while the average price for exports to Mauritania ($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 Denmark (-0.0%), while the prices for the other major destinations experienced a decline.

Agricultural Product Dryer Imports

Imports into Turkey

For the third consecutive year, Turkey recorded growth in supplies from abroad of dryers for the treatment of agricultural products, which increased by 197% to X units in 2021. Overall, imports saw prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, agricultural product dryer imports skyrocketed to $X in 2021. Over the period under review, imports posted a prominent expansion. The growth pace was the most rapid in 2017 when imports increased by 173%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Denmark (X units) constituted the largest supplier of agricultural product dryer to Turkey, with a 28% share of total imports. Moreover, agricultural product dryer imports from Denmark exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. Italy (X units) ranked third in terms of total imports with a 6.4% share.

From 2012 to 2021, the average annual growth rate of volume from Denmark stood at +30.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+9.3% per year) and Italy (0.0% per year).

In value terms, Denmark ($X) constituted the largest supplier of dryers for the treatment of agricultural products to Turkey, comprising 24% of total imports. The second position in the ranking was held by Germany ($X), with a 7.3% share of total imports. It was followed by Italy, with a 6.3% share.

From 2012 to 2021, the average annual growth rate of value from Denmark totaled +17.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-1.6% per year) and Italy (-8.6% per year).

Import Prices by Country

In 2021, the average agricultural product dryer import price amounted to $X per unit, shrinking by -12.8% against the previous year. Overall, the import price showed a abrupt setback. The growth pace was the most rapid in 2013 when the average import price increased by 45% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2021, the average 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 China ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-0.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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