Turkey: Multi-Station Transfer Machine Market 2025

Multi-Station Transfer Machine Market Size in Turkey

The Turkish multi-station transfer machine market skyrocketed to $X in 2021, rising by 57% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Multi-Station Transfer Machine Production in Turkey

In value terms, multi-station transfer machine production surged to $X in 2021 estimated in export price. In general, production recorded a moderate expansion. The most prominent rate of growth was recorded in 2019 when the production volume increased by 96%. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Multi-Station Transfer Machine Exports

Exports from Turkey

In 2021, shipments abroad of multi-station transfer machines for working metal decreased by -25.5% to X units, falling for the second consecutive year after three years of growth. Over the period under review, exports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 191%. As a result, the exports attained the peak of X units. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, multi-station transfer machine exports declined rapidly to $X in 2021. Overall, exports, however, posted a resilient increase. The pace of growth was the most pronounced in 2013 when exports increased by 219%. The exports peaked at $X in 2020, and then contracted markedly in the following year.

Exports by Country

Iran (X units), Turkmenistan (X units) and Russia (X units) were the main destinations of multi-station transfer machine exports from Turkey, with a combined 59% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Iran (with a CAGR of +48.8%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Uzbekistan ($X) and Brazil ($X) constituted the largest markets for multi-station transfer machine exported from Turkey worldwide, together accounting for 59% of total exports. These countries were followed by Iran, Turkmenistan, Egypt, Romania, Iraq, Algeria, the United States, Germany and the UK, which together accounted for a further 30%.

Turkmenistan, with a CAGR of +80.0%, 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

In 2021, the average multi-station transfer machine export price amounted to $X per unit, reducing by -62.1% against the previous year. Overall, the export price, however, continues to indicate a notable expansion. The growth pace was the most rapid in 2020 an increase of 234%. As a result, the export price attained the peak level of $X per unit, and then declined markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to the UK ($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 Brazil (+103.6%), while the prices for the other major destinations experienced more modest paces of growth.

Multi-Station Transfer Machine Imports

Imports into Turkey

In 2021, the amount of multi-station transfer machines for working metal imported into Turkey skyrocketed to X units, growing by 35% compared with the previous year. Over the period under review, imports showed a resilient increase. The most prominent rate of growth was recorded in 2019 with an increase of 226%. As a result, imports attained the peak of X units. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, multi-station transfer machine imports fell notably to $X in 2021. In general, imports, however, recorded a abrupt slump. The growth pace was the most rapid in 2018 when imports increased by 119% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, France (X units) constituted the largest multi-station transfer machine supplier to Turkey, with a 57% share of total imports. Moreover, multi-station transfer machine imports from France exceeded the figures recorded by the second-largest supplier, Hungary (X units), threefold. The third position in this ranking was taken by China (X units), with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from France amounted to +26.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+136.4% per year) and China (-10.4% per year).

In value terms, France ($X) constituted the largest supplier of multi-station transfer machines for working metal to Turkey, comprising 72% of total imports. The second position in the ranking was taken by Italy ($X), with a 6.4% share of total imports. It was followed by China, with a 3.9% share.

From 2012 to 2021, the average annual growth rate of value from France amounted to +38.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-27.8% per year) and China (+85.3% per year).

Import Prices by Country

The average multi-station transfer machine import price stood at $X per unit in 2021, shrinking by -78.1% against the previous year. Over the period under review, the import price recorded a abrupt contraction. The growth pace was the most rapid in 2016 when the average import price increased by 53%. As a result, import price attained the peak level of $X per unit. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Hungary ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Free Zones (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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