Turkey: Tobacco Making Machinery Market 2024

Tobacco Making Machinery Market Size in Turkey

In 2022, the Turkish tobacco making machinery market increased by 29% to $X, rising for the third year in a row after four years of decline. Over the period under review, consumption showed a prominent increase. Tobacco making machinery consumption peaked in 2022 and is likely to see gradual growth in the near future.

Tobacco Making Machinery Production in Turkey

In value terms, tobacco making machinery production surged to $X in 2022 estimated in export price. In general, production saw a buoyant expansion. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Tobacco Making Machinery Exports

Exports from Turkey

In 2022, after two years of growth, there was significant decline in overseas shipments of machinery for the preparation or making up of tobacco, when their volume decreased by -90% to X units. In general, exports, however, posted a strong increase. The pace of growth appeared the most rapid in 2016 with an increase of 536% against the previous year. The exports peaked at X units in 2021, and then contracted dramatically in the following year.

In value terms, tobacco making machinery exports dropped significantly to $X in 2022. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2016 when exports increased by 619%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Iran (X units) was the main destination for tobacco making machinery exports from Turkey, with a 32% share of total exports. Moreover, tobacco making machinery exports to Iran exceeded the volume sent to the second major destination, Georgia (X units), twofold. Poland (X units) ranked third in terms of total exports with a 14% share.

From 2012 to 2022, the average annual growth rate of volume to Iran amounted to +31.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (+27.5% per year) and Poland (+119.1% per year).

In value terms, Iran ($X) emerged as the key foreign market for machinery for the preparation or making up of tobacco exports from Turkey, comprising 46% of total exports. The second position in the ranking was taken by Poland ($X), with a 20% share of total exports. It was followed by Brazil, with an 8.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Iran totaled +34.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+105.0% per year) and Brazil (+179.5% per year).

Export Prices by Country

In 2022, the average tobacco making machinery export price amounted to $X per unit, rising by 198% against the previous year. Over the period under review, the export price showed a prominent increase. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per unit), while the average price for exports to Georgia ($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 Brazil (+67.2%), while the prices for the other major destinations experienced more modest paces of growth.

Tobacco Making Machinery Imports

Imports into Turkey

In 2022, approx. X units of machinery for the preparation or making up of tobacco were imported into Turkey; reducing by -88.1% on the previous year's figure. Overall, imports, however, enjoyed a moderate expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 657% against the previous year. As a result, imports attained the peak of X units, and then contracted remarkably in the following year.

In value terms, tobacco making machinery imports dropped sharply to $X in 2022. Over the period under review, imports recorded a perceptible contraction. The pace of growth appeared the most rapid in 2021 with an increase of 393% against the previous year. As a result, imports reached the peak of $X, and then shrank notably in the following year.

Imports by Country

In 2022, Italy (X units) constituted the largest supplier of tobacco making machinery to Turkey, with a 86% share of total imports. Moreover, tobacco making machinery imports from Italy exceeded the figures recorded by the second-largest supplier, India (X units), more than tenfold. Greece (X units) ranked third in terms of total imports with a 3.3% share.

From 2012 to 2022, the average annual growth rate of volume from Italy stood at +1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+61.5% per year) and Greece (-27.6% per year).

In value terms, Italy ($X) constituted the largest supplier of machinery for the preparation or making up of tobacco to Turkey, comprising 89% of total imports. The second position in the ranking was held by India ($X), with a 4.3% share of total imports. It was followed by Germany, with a 3.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy totaled -5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+94.6% per year) and Germany (-34.4% per year).

Import Prices by Country

The average tobacco making machinery import price stood at $X per unit in 2022, with an increase of 36% against the previous year. Overall, the import price, however, continues to indicate a deep slump. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a 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 Germany ($X per unit), while the price for Greece ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+20.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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