Turkey: Meat-Preparation Industrial Machinery Market 2024

Meat-Preparation Industrial Machinery Market Size in Turkey

The Turkish meat-preparation industrial machinery market dropped slightly to $X in 2022, declining by -2.7% against the previous year. In general, consumption, however, showed resilient growth. Over the period under review, the market hit record highs at $X in 2021, and then reduced slightly in the following year.

Meat-Preparation Industrial Machinery Production in Turkey

In value terms, meat-preparation industrial machinery production reduced remarkably to $X in 2022 estimated in export price. In general, production, however, posted significant growth. The most prominent rate of growth was recorded in 2013 when the production volume increased by 196% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Meat-Preparation Industrial Machinery Exports

Exports from Turkey

In 2022, approx. X units of industrial machinery for the preparation of meat or poultry were exported from Turkey; with an increase of 6.7% against 2021. In general, exports saw a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of 67% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, meat-preparation industrial machinery exports surged to $X in 2022. Overall, exports continue to indicate a prominent expansion. The growth pace was the most rapid in 2015 with an increase of 92% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

Nigeria (X units), Italy (X units) and Moldova (X units) were the main destinations of meat-preparation industrial machinery exports from Turkey, together accounting for 32% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +77.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for meat-preparation industrial machinery exported from Turkey were the Netherlands ($X), Saudi Arabia ($X) and Uzbekistan ($X), together accounting for 23% of total exports. Germany, Italy, Kazakhstan, France, Turkmenistan, Ghana, South Africa, Nigeria, Portugal and Moldova lagged somewhat behind, together comprising a further 28%.

Ghana, with a CAGR of +105.9%, 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 meat-preparation industrial machinery export price stood at $X per unit in 2022, with an increase of 10% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 29% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Nigeria ($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 Ghana (+30.7%), while the prices for the other major destinations experienced more modest paces of growth.

Meat-Preparation Industrial Machinery Imports

Imports into Turkey

In 2022, the amount of industrial machinery for the preparation of meat or poultry imported into Turkey soared to X units, rising by 185% against the previous year's figure. Over the period under review, imports, however, continue to indicate a noticeable decrease. Imports peaked at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, meat-preparation industrial machinery imports skyrocketed to $X in 2022. Overall, imports, however, recorded a perceptible downturn. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the Netherlands (X units) constituted the largest supplier of meat-preparation industrial machinery to Turkey, with a 66% share of total imports. Moreover, meat-preparation industrial machinery imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X units), eightfold. The third position in this ranking was held by Slovakia (X units), with a 7.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands stood at -1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-14.5% per year) and Slovakia (+14.9% per year).

In value terms, the largest meat-preparation industrial machinery suppliers to Turkey were the Netherlands ($X), Germany ($X) and Slovakia ($X), together comprising 74% of total imports.

Among the main suppliers, Slovakia, with a CAGR of +16.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average meat-preparation industrial machinery import price amounted to $X per unit, reducing by -31.8% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 91%. As a result, import price reached the peak level of $X per unit, and then shrank dramatically in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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