Turkey: Bottle Cleaning Machine Market 2024

Bottle Cleaning Machine Market Size in Turkey

In 2022, the Turkish bottle cleaning machine market was finally on the rise to reach $X after two years of decline. In general, consumption, however, saw a deep downturn. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Bottle Cleaning Machine Production in Turkey

In value terms, bottle cleaning machine production dropped slightly to $X in 2022 estimated in export price. In general, production enjoyed a significant expansion. The pace of growth appeared the most rapid in 2016 with an increase of X%. Bottle cleaning machine production peaked at $X in 2021, and then declined in the following year.

Bottle Cleaning Machine Exports

Exports from Turkey

In 2022, the amount of machinery for cleaning or drying bottles exported from Turkey rose remarkably to X units, growing by X% on the year before. Over the period under review, exports posted a strong expansion. The growth pace was the most rapid in 2013 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, bottle cleaning machine exports surged to $X in 2022. Overall, exports posted a buoyant expansion. The pace of growth was the most pronounced in 2013 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Iraq (X units), the United States (X units) and Russia (X units) were the main destinations of bottle cleaning machine exports from Turkey, with a combined X% share 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 Iraq (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for bottle cleaning machine exported from Turkey were Iraq ($X), the United States ($X) and Russia ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Russia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average bottle cleaning machine export price amounted to $X per unit, with an increase of X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by X%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Mexico ($X per unit) and the United States ($X per unit), while the average price for exports to Morocco ($X per unit) and Libya ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (X%), while the prices for the other major destinations experienced more modest paces of growth.

Bottle Cleaning Machine Imports

Imports into Turkey

In 2022, approx. X units of machinery for cleaning or drying bottles were imported into Turkey; reducing by X% compared with 2021. Over the period under review, imports showed a deep reduction. The most prominent rate of growth was recorded in 2018 when imports increased by X%. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, bottle cleaning machine imports contracted to $X in 2022. In general, imports recorded a noticeable curtailment. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of bottle cleaning machine to Turkey, accounting for a X% share of total imports. Moreover, bottle cleaning machine imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X units), twofold. The United States (X units) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and the United States (X% per year).

In value terms, Germany ($X), Italy ($X) and the United States ($X) appeared to be the largest bottle cleaning machine suppliers to Turkey, with a combined X% share of total imports. Slovenia, Sweden, Spain and China lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Slovenia, 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

The average bottle cleaning machine import price stood at $X per unit in 2022, shrinking by X% against the previous year. Overall, import price indicated a tangible 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. Based on 2022 figures, bottle cleaning machine import price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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