Turkey: Horizontal Machining Centre Market 2025

Horizontal Machining Centre Market Size in Turkey

The Turkish horizontal machining centre market soared to $X in 2021, rising by 129% against the previous year. Overall, consumption posted a buoyant increase. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in the near future.

Horizontal Machining Centre Production in Turkey

In value terms, horizontal machining centre production soared to $X in 2021 estimated in export price. Overall, production recorded a buoyant increase. The pace of growth was the most pronounced in 2019 when the production volume increased by 262%. As a result, production attained the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Horizontal Machining Centre Exports

Exports from Turkey

In 2021, exports of horizontal machining centres for working metal from Turkey totaled X units, flattening at 2020 figures. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 1,977%. Over the period under review, the exports attained the peak figure at X units in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, horizontal machining centre exports fell notably to $X in 2021. Over the period under review, exports showed a significant expansion. The pace of growth appeared the most rapid in 2015 when exports increased by 515% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X units) was the main destination for horizontal machining centre exports from Turkey, with a 78% share of total exports. Moreover, horizontal machining centre exports to Germany exceeded the volume sent to the second major destination, Turkmenistan (X units), more than tenfold. The third position in this ranking was held by Romania (X units), with a 3.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to +104.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkmenistan (+224.6% per year) and Romania (+43.2% per year).

In value terms, Germany ($X) remains the key foreign market for horizontal machining centres for working metal exports from Turkey, comprising 33% of total exports. The second position in the ranking was taken by Romania ($X), with a 9.8% share of total exports. It was followed by Turkmenistan, with a 7.2% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled +134.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+49.0% per year) and Turkmenistan (+128.3% per year).

Export Prices by Country

In 2021, the average horizontal machining centre export price amounted to $X per unit, dropping by -18.6% against the previous year. Over the period under review, the export price showed a deep contraction. The pace of growth was the most pronounced in 2014 when the average export price increased by 209% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Germany ($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 (+16.2%), while the prices for the other major destinations experienced more modest paces of growth.

Horizontal Machining Centre Imports

Imports into Turkey

In 2021, the amount of horizontal machining centres for working metal imported into Turkey surged to X units, growing by 59% compared with the year before. Over the period under review, imports enjoyed resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of 107% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, horizontal machining centre imports surged to $X in 2021. In general, imports recorded a resilient expansion. The growth pace was the most rapid in 2020 with an increase of 69% against the previous year. Imports peaked in 2021 and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Taiwan (Chinese) (X units) constituted the largest horizontal machining centre supplier to Turkey, accounting for a 56% share of total imports. Moreover, horizontal machining centre imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, Japan (X units), fourfold. The third position in this ranking was taken by China (X units), with a 7.9% share.

From 2012 to 2021, the average annual growth rate of volume from Taiwan (Chinese) stood at +10.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+14.7% per year) and China (+25.1% per year).

In value terms, the largest horizontal machining centre suppliers to Turkey were Taiwan (Chinese) ($X), Japan ($X) and Germany ($X), together accounting for 77% of total imports. South Korea, China, Italy, the United States and Sweden lagged somewhat behind, together comprising a further 15%.

Sweden, with a CAGR of +100.8%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average horizontal machining centre import price amounted to $X per unit, remaining stable against the previous year. Overall, the import price showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2016 when the average import price increased by 21%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+7.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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