Turkey - Personal Weighing Machines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTurkey: Personal Weighing Machine Market 2024
Personal Weighing Machine Market Size in Turkey
The Turkish personal weighing machine market reduced dramatically to $X in 2022, falling by -36.9% against the previous year. In general, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.
Personal Weighing Machine Production in Turkey
In value terms, personal weighing machine production shrank notably to $X in 2022 estimated in export price. In general, production, however, continues to indicate a buoyant increase. The growth pace was the most rapid in 2021 when the production volume increased by 49% against the previous year. As a result, production attained the peak level of $X, and then reduced rapidly in the following year.
Personal Weighing Machine Exports
Exports from Turkey
In 2022, approx. X units of personal weighing machines were exported from Turkey; increasing by 10% on 2021 figures. In general, exports continue to indicate resilient growth. The growth pace was the most rapid in 2015 when exports increased by 185%. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports failed to regain momentum.
In value terms, personal weighing machine exports totaled $X in 2022. Overall, exports posted a resilient expansion. The growth pace was the most rapid in 2015 when exports increased by 51%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.
Exports by Country
Romania (X units), Iraq (X units) and Tunisia (X units) were the main destinations of personal weighing machine exports from Turkey, with a combined 42% share of total exports. Azerbaijan, Georgia, Moldova, Cyprus, Italy, France, Serbia, Bosnia and Herzegovina, Turkmenistan and Russia lagged somewhat behind, together comprising a further 41%.
From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +123.8%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Romania ($X), Iraq ($X) and Azerbaijan ($X) constituted the largest markets for personal weighing machine exported from Turkey worldwide, with a combined 34% share of total exports. Georgia, Tunisia, Cyprus, Moldova, Italy, Serbia, Turkmenistan, France, Bosnia and Herzegovina and Russia lagged somewhat behind, together accounting for a further 36%.
Among the main countries of destination, Italy, with a CAGR of +95.7%, recorded the highest growth rate of 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
In 2022, the average personal weighing machine export price amounted to $X per unit, shrinking by -2.6% against the previous year. In general, the export price continues to indicate a deep slump. The pace of growth was the most pronounced in 2019 an increase of 27% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Cyprus ($X per unit), while the average price for exports to Bosnia and Herzegovina ($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 Romania (-1.3%), while the prices for the other major destinations experienced a decline.
Personal Weighing Machine Imports
Imports into Turkey
In 2022, personal weighing machine imports into Turkey dropped significantly to X units, reducing by -35.6% compared with 2021. In general, imports, however, posted a buoyant increase. The pace of growth was the most pronounced in 2020 with an increase of 130%. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, personal weighing machine imports dropped markedly to $X in 2022. Overall, imports saw a mild descent. The most prominent rate of growth was recorded in 2020 with an increase of 115% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Imports by Country
In 2022, China (X units) was the main supplier of personal weighing machine to Turkey, accounting for a approx. 100% share of total imports.
From 2012 to 2022, the average annual growth rate of volume from China amounted to +5.3%.
In value terms, China ($X) constituted the largest supplier of personal weighing machines to Turkey.
From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to -1.6%.
Import Prices by Country
The average personal weighing machine import price stood at $X per unit in 2022, flattening at the previous year. In general, the import price saw a abrupt curtailment. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -6.6% per year.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the personal weighing machine market in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28293200 - Personal weighing machines, including baby scales, h ousehold scales
Country coverage:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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