Turkey: Non-Numerically Controlled Lathe Market 2025

Non-Numerically Controlled Lathe Market Size in Turkey

In 2021, the Turkish non-numerically controlled lathe market increased by 61% to $X, rising for the second consecutive year after five years of decline. Overall, consumption enjoyed a temperate increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Non-Numerically Controlled Lathe Exports

Exports from Turkey

For the fifth year in a row, Turkey recorded growth in overseas shipments of non-numerically controlled horizontal lathes, for removing metal, which increased by 245% to X units in 2021. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-numerically controlled lathe exports surged to $X in 2021. In general, exports saw a significant expansion. The growth pace was the most rapid in 2013 when exports increased by 191%. Over the period under review, the non-numerically controlled laexports reached the maximum in 2021 and are expected to retain growth in the near future.

Exports by Country

Mali (X units) was the main destination for non-numerically controlled lathe exports from Turkey, with a 28% share of total exports. Moreover, non-numerically controlled lathe exports to Mali exceeded the volume sent to the second major destination, Azerbaijan (X units), twofold. The third position in this ranking was held by Iraq (X units), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to Mali stood at +7,700.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (+41.2% per year) and Iraq (+15.8% per year).

In value terms, the largest markets for non-numerically controlled lathe exported from Turkey were Iraq ($X), Azerbaijan ($X) and Turkmenistan ($X), together comprising 33% of total exports. These countries were followed by Uzbekistan, China, Kyrgyzstan, Bulgaria, Germany, Libya, the United Arab Emirates and Mali, which together accounted for a further 29%.

Kyrgyzstan, with a CAGR of +1,245.8%, recorded the highest rates of growth with regard to the value of exports, among 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 non-numerically controlled lathe export price stood at $X per unit in 2021, which is down by -34% against the previous year. Over the period under review, the export price saw a perceptible contraction. The pace of growth appeared the most rapid in 2013 when the average export price increased by 24%. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Uzbekistan ($X per unit), while the average price for exports to Mali ($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 Kyrgyzstan (+64.3%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Numerically Controlled Lathe Imports

Imports into Turkey

In 2021, approx. X units of non-numerically controlled horizontal lathes, for removing metal were imported into Turkey; picking up by 90% on the previous year's figure. In general, imports saw a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-numerically controlled lathe imports skyrocketed to $X in 2021. Over the period under review, imports saw a perceptible expansion. As a result, imports reached 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 non-numerically controlled lathe to Turkey, with a 72% share of total imports. Moreover, non-numerically controlled lathe imports from China exceeded the figures recorded by the second-largest supplier, Slovakia (X units), ninefold. The third position in this ranking was held by Germany (X units), with a 7.1% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (-0.2% per year) and Germany (+10.3% per year).

In value terms, China ($X) constituted the largest supplier of non-numerically controlled horizontal lathes, for removing metal to Turkey, comprising 53% of total imports. The second position in the ranking was held by Slovakia ($X), with a 17% share of total imports. It was followed by Bulgaria, with an 8.2% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (+0.5% per year) and Bulgaria (+3.7% per year).

Import Prices by Country

In 2021, the average non-numerically controlled lathe import price amounted to $X per unit, shrinking by -5.9% against the previous year. Over the period under review, the import price continues to indicate a slight decline. The most prominent rate of growth was recorded in 2017 an increase of 23% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Bulgaria ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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