Turkey: Paperboard Container Machine Market 2024

Paperboard Container Machine Market Size in Turkey

In 2022, the Turkish paperboard container machine market was finally on the rise to reach $X after two years of decline. Overall, the total consumption indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Paperboard Container Machine Production in Turkey

In value terms, paperboard container machine production reduced to $X in 2022 estimated in export price. Overall, production continues to indicate a perceptible slump. The pace of growth was the most pronounced in 2016 with an increase of 109% against the previous year. Paperboard container machine production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Paperboard Container Machine Exports

Exports from Turkey

In 2022, overseas shipments of machines for making containers of paper or paperboard increased by 11% to X units, rising for the second consecutive year after two years of decline. In general, exports showed resilient growth. The pace of growth was the most pronounced in 2021 with an increase of 65% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, paperboard container machine exports surged to $X in 2022. Overall, total exports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.0% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X units), the United States (X units) and Iran (X units) were the main destinations of paperboard container machine exports from Turkey, together comprising 39% 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 Germany (with a CAGR of +39.0%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and Belgium ($X) were the largest markets for paperboard container machine exported from Turkey worldwide, together accounting for 42% of total exports. Hungary, Italy, Poland, Pakistan, Iran, Russia, Jordan, the United Arab Emirates, Iraq and Spain lagged somewhat behind, together comprising a further 30%.

Hungary, with a CAGR of +90.4%, saw the highest growth rate of the value of exports, in terms of 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 paperboard container machine export price stood at $X per unit in 2022, increasing by 15% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 26% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per unit), while the average price for exports to Iraq ($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 Hungary (+45.7%), while the prices for the other major destinations experienced more modest paces of growth.

Paperboard Container Machine Imports

Imports into Turkey

In 2022, paperboard container machine imports into Turkey soared to X units, picking up by 26% compared with the previous year's figure. In general, imports recorded prominent growth. The most prominent rate of growth was recorded in 2013 with an increase of 83%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, paperboard container machine imports surged to $X in 2022. Overall, imports showed a remarkable increase. The growth pace was the most rapid in 2013 with an increase of 132% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, China (X units) constituted the largest paperboard container machine supplier to Turkey, accounting for a 47% share of total imports. Moreover, paperboard container machine imports from China exceeded the figures recorded by the second-largest supplier, France (X units), twofold. The third position in this ranking was held by Switzerland (X units), with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +19.3%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+25.9% per year) and Switzerland (+21.3% per year).

In value terms, France ($X), China ($X) and India ($X) were the largest paperboard container machine suppliers to Turkey, together comprising 78% of total imports.

India, with a CAGR of +35.2%, recorded 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

The average paperboard container machine import price stood at $X per unit in 2022, rising by 37% against the previous year. Over the period under review, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, paperboard container machine import price decreased by -26.4% against 2019 indices. 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 India ($X per unit), while the price for Spain ($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 (+2.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :