Turkey: Metal Deburring Machine Market 2024

Metal Deburring Machine Market Size in Turkey

The Turkish metal deburring machine market skyrocketed to $X in 2021, with an increase of 29% against the previous year. Over the period under review, the total consumption indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +3.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -15.4% against 2019 indices. Metal deburring machine consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Metal Deburring Machine Production in Turkey

In value terms, metal deburring machine production soared to $X in 2021 estimated in export price. Over the period under review, the total production indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -19.0% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of 46%. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Metal Deburring Machine Exports

Exports from Turkey

In 2021, exports of machines for deburring or polishing metal from Turkey skyrocketed to X units, rising by 103% compared with the year before. In general, exports continue to indicate a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal deburring machine exports surged to $X in 2021. Overall, exports saw a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X units) was the main destination for metal deburring machine exports from Turkey, with a 18% share of total exports. Moreover, metal deburring machine exports to Germany exceeded the volume sent to the second major destination, Russia (X units), twofold. The third position in this ranking was held by the UK (X units), with a 7.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled +33.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+11.6% per year) and the UK (+20.5% per year).

In value terms, the largest markets for metal deburring machine exported from Turkey were Germany ($X), Russia ($X) and the UK ($X), with a combined 25% share of total exports. The United States, Poland, Italy, Israel, Spain, Romania, Vietnam, Iran, the Netherlands and Uzbekistan lagged somewhat behind, together accounting for a further 38%.

Among the main countries of destination, Uzbekistan, with a CAGR of +104.9%, 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

The average metal deburring machine export price stood at $X per unit in 2021, growing by 14% against the previous year. Overall, the export price, however, continues to indicate a noticeable decrease. The growth pace was the most rapid in 2014 an increase of 17% 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.

Prices varied noticeably country of destination: the country with the highest price was Poland ($X per unit), while the average price for exports to Uzbekistan ($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 Vietnam (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Deburring Machine Imports

Imports into Turkey

Metal deburring machine imports into Turkey skyrocketed to X units in 2021, picking up by 50% against 2020 figures. Over the period under review, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 75%. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, metal deburring machine imports soared to $X in 2021. Overall, imports continue to indicate buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest supplier of metal deburring machine to Turkey, accounting for a 52% share of total imports. Moreover, metal deburring machine imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), threefold. The third position in this ranking was held by Germany (X units), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +22.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+101.7% per year) and Germany (+21.5% per year).

In value terms, the largest metal deburring machine suppliers to Turkey were Germany ($X), Japan ($X) and Italy ($X), with a combined 73% share of total imports.

Japan, with a CAGR of +58.4%, saw the highest rates of growth with regard to the value of imports, among 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 metal deburring machine import price amounted to $X per unit, with an increase of 96% against the previous year. Overall, the import price, however, saw a abrupt setback. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-2.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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