Turkey: Metal Sawing Machine Market 2024

Metal Sawing Machine Market Size in Turkey

In 2021, the Turkish metal sawing machine market increased by 44% to $X, rising for the second consecutive year after two years of decline. In general, the total consumption indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +1.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +62.8% against 2019 indices. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Metal Sawing Machine Production in Turkey

In value terms, metal sawing machine production contracted slightly to $X in 2021 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by 65%. Metal sawing machine production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Metal Sawing Machine Exports

Exports from Turkey

In 2021, approx. X units of sawing or cutting-off machines for working metal were exported from Turkey; increasing by 204% against the previous year. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal sawing machine exports soared to $X in 2021. Over the period under review, exports continue to indicate a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Iraq (X units), Uzbekistan (X units) and the UK (X units) were the main destinations of metal sawing machine exports from Turkey, with a combined 31% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Uzbekistan (with a CAGR of +101.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), the UK ($X) and Iraq ($X) were the largest markets for metal sawing machine exported from Turkey worldwide, together comprising 24% of total exports. These countries were followed by Germany, Poland, Australia, Bulgaria, Uzbekistan, Iran, Kyrgyzstan, the Netherlands, Oman and the United Arab Emirates, which together accounted for a further 28%.

In terms of the main countries of destination, Uzbekistan, with a CAGR of +106.5%, saw 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 2021, the average metal sawing machine export price amounted to $X per unit, shrinking by -18.4% against the previous year. In general, the export price recorded a abrupt slump. The pace of growth was the most pronounced in 2016 when the average export price increased by 19%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Poland ($X per unit), while the average price for exports to the United Arab Emirates ($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 Uzbekistan (+1.4%), while the prices for the other major destinations experienced a decline.

Metal Sawing Machine Imports

Imports into Turkey

In 2021, purchases abroad of sawing or cutting-off machines for working metal increased by 143% to X units, rising for the fourth year in a row after three years of decline. Over the period under review, imports saw a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal sawing machine imports skyrocketed to $X in 2021. Overall, imports saw a measured increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Taiwan (Chinese) (X units) constituted the largest supplier of metal sawing machine to Turkey, accounting for a 66% share of total imports. Moreover, metal sawing machine imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, Germany (X units), sixfold. China (X units) ranked third in terms of total imports with a 9.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Taiwan (Chinese) totaled +22.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+6.0% per year) and China (+10.6% per year).

In value terms, the largest metal sawing machine suppliers to Turkey were Germany ($X), Taiwan (Chinese) ($X) and Italy ($X), with a combined 75% share of total imports. China, India and Spain lagged somewhat behind, together comprising a further 13%.

Among the main suppliers, India, with a CAGR of +68.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average metal sawing machine import price stood at $X per unit in 2021, with a decrease of -13.3% against the previous year. Overall, the import price recorded a abrupt setback. The growth pace was the most rapid in 2017 when the average import price increased by 14% against the previous year. As a result, import price attained the peak level of $X per unit. From 2018 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+9.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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