Turkey: Market for Machinery For Moulding Or Retreading Pneumatic Tyres 2025

Market Size for Machinery For Moulding Or Retreading Pneumatic Tyres in Turkey

In 2022, the Turkish pneumatic tyre retreading machinery market increased by 5.9% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, continues to indicate a deep contraction. Pneumatic tyre retreading machinery consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Production of Machinery For Moulding Or Retreading Pneumatic Tyres in Turkey

In value terms, pneumatic tyre retreading machinery production dropped to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the production volume increased by 34%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Exports of Machinery For Moulding Or Retreading Pneumatic Tyres

Exports from Turkey

In 2022, shipments abroad of machinery for moulding or retreading pneumatic tyres increased by 15% to X units, rising for the third year in a row after three years of decline. Overall, exports showed buoyant growth. The growth pace was the most rapid in 2020 with an increase of 381% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, pneumatic tyre retreading machinery exports reduced to $X in 2022. In general, exports enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2017 when exports increased by 510%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Iraq (X units), Iran (X units) and France (X units) were the main destinations of pneumatic tyre retreading machinery exports from Turkey, with a combined 50% share of total exports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +140.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Iran ($X), Iraq ($X) and France ($X) appeared to be the largest markets for pneumatic tyre retreading machinery exported from Turkey worldwide, together comprising 55% of total exports.

In terms of the main countries of destination, France, with a CAGR of +63.0%, recorded 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 pneumatic tyre retreading machinery export price amounted to $X per unit, which is down by -24.1% against the previous year. Over the period under review, the export price continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2017 an increase of 601% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($X per unit), while the average price for exports to Albania ($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 Jordan (+20.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machinery For Moulding Or Retreading Pneumatic Tyres

Imports into Turkey

For the third year in a row, Turkey recorded growth in overseas purchases of machinery for moulding or retreading pneumatic tyres, which increased by 40% to X units in 2022. Overall, imports continue to indicate a pronounced expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 206% against the previous year. Over the period under review, imports reached the peak figure at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, pneumatic tyre retreading machinery imports amounted to $X in 2022. In general, imports, however, saw a pronounced decline. The pace of growth was the most pronounced in 2017 with an increase of 131% against the previous year. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) was the main pneumatic tyre retreading machinery supplier to Turkey, with a 95% share of total imports. Moreover, pneumatic tyre retreading machinery imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +8.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (0.0% per year) and Italy (-17.7% per year).

In value terms, China ($X) constituted the largest supplier of machinery for moulding or retreading pneumatic tyres to Turkey, comprising 93% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 6.2% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +9.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+17.2% per year) and Italy (-28.5% per year).

Import Prices by Country

In 2022, the average pneumatic tyre retreading machinery import price amounted to $X per unit, declining by -18% against the previous year. In general, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2016 an increase of 85%. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 Taiwan (Chinese) ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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