Turkey: Market for Reel Fed Offset Printing Machinery 2025

Market Size for Reel Fed Offset Printing Machinery in Turkey

The Turkish market for reel fed offset printing machinery soared to $X in 2022, jumping by 60% against the previous year. In general, consumption, however, recorded a abrupt descent. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Reel Fed Offset Printing Machinery in Turkey

In value terms, reel fed offset printing machinery production stood at $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by 3.3% against the previous year. Reel fed offset printing machinery production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Reel Fed Offset Printing Machinery

Exports from Turkey

In 2022, overseas shipments of reel fed offset printing machinery decreased by -10.9% to X units for the first time since 2016, thus ending a five-year rising trend. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 583% against the previous year. The exports peaked at X units in 2021, and then shrank in the following year.

In value terms, reel fed offset printing machinery exports expanded remarkably to $X in 2022. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 325% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

Exports by Country

Italy (X units), Russia (X units) and India (X units) were the main destinations of reel fed offset printing machinery exports from Turkey, with a combined 51% share 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 Italy (with a CAGR of +107.0%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Russia ($X) and the United States ($X) were the largest markets for reel fed offset printing machinery exported from Turkey worldwide, with a combined 54% share of total exports.

Italy, with a CAGR of +86.5%, saw the highest growth rate of 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

In 2022, the average export price for reel fed offset printing machinery amounted to $X per unit, jumping by 29% against the previous year. In general, the export price, however, continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2016 when the average export price increased by 74% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iran ($X per unit), while the average price for exports to Germany ($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 Malaysia (+0.2%), while the prices for the other major destinations experienced a decline.

Imports of Reel Fed Offset Printing Machinery

Imports into Turkey

In 2022, imports of reel fed offset printing machinery into Turkey expanded remarkably to X units, surging by 10% compared with 2021 figures. Overall, imports, however, showed a deep setback. The pace of growth was the most pronounced in 2020 with an increase of 154% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, reel fed offset printing machinery imports fell to $X in 2022. In general, imports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2018 with an increase of 160%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest reel fed offset printing machinery supplier to Turkey, accounting for a 52% share of total imports. Moreover, reel fed offset printing machinery imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. France (X units) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +19.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-20.0% per year) and France (+10.7% per year).

In value terms, China ($X) constituted the largest supplier of reel fed offset printing machinery to Turkey, comprising 76% of total imports. The second position in the ranking was held by Germany ($X), with a 10% share of total imports. It was followed by Greece, with a 7.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +24.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-22.2% per year) and Greece (+39.1% per year).

Import Prices by Country

The average import price for reel fed offset printing machinery stood at $X per unit in 2022, with a decrease of -14.7% against the previous year. Over the period under review, the import price, however, enjoyed strong growth. The growth pace was the most rapid in 2021 when the average import price increased by 227%. As a result, import price reached the peak level of $X per unit, and then dropped in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+39.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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