Turkey: Seeder And Planter Market 2024

Seeder And Planter Market Size in Turkey

The Turkish seeder and planter market totaled less than $X in 2021, approximately equating the previous year. Overall, consumption, however, recorded a abrupt descent. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Seeder And Planter Production in Turkey

In value terms, seeder and planter production amounted to less than $X in 2021 estimated in export price. In general, production, however, showed a abrupt shrinkage. The growth pace was the most rapid in 2013 with an increase of 25%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Seeder And Planter Exports

Exports from Turkey

In 2016, after four years of growth, there was significant decline in overseas shipments of seeders, planters, transplanters, when their volume decreased by -9.6% to X units. The total export volume increased at an average annual rate of +6.2% over the period from 2012 to 2016; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by 27% against the previous year. Over the period under review, the exports hit record highs at X units in 2015, and then fell in the following year.

In value terms, seeder and planter exports fell to $X in 2016. The total export value increased at an average annual rate of +3.3% over the period from 2012 to 2016; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 31%. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2016, the exports remained at a lower figure.

Exports by Country

Sudan (X units), Bulgaria (X units) and Azerbaijan (X units) were the main destinations of seeder and planter exports from Turkey, with a combined 49% share of total exports. Iraq, Romania, Moldova, Hungary, Serbia, Ukraine, Lithuania, Uzbekistan, Greece and Algeria lagged somewhat behind, together comprising a further 38%.

From 2012 to 2016, the biggest increases were recorded for Uzbekistan (with a CAGR of +155.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Sudan ($X), Bulgaria ($X) and Azerbaijan ($X) appeared to be the largest markets for seeder and planter exported from Turkey worldwide, with a combined 46% share of total exports. These countries were followed by Iraq, Romania, Moldova, Hungary, Serbia, Uzbekistan, Ukraine, Lithuania, Greece and Algeria, which together accounted for a further 40%.

Uzbekistan, with a CAGR of +182.9%, saw 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 seeder and planter export price stood at $X per unit in 2016, with an increase of 4.9% against the previous year. Over the period under review, the export price, however, showed a perceptible curtailment. Over the period under review, the average export prices reached the maximum at $X per unit in 2013; however, from 2014 to 2016, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2016, amid the top suppliers, the country with the highest price was Uzbekistan ($X per unit), while the average price for exports to Iraq ($X per unit) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Seeder And Planter Imports

Imports into Turkey

In 2016, the amount of seeders, planters, transplanters imported into Turkey shrank remarkably to X units, which is down by -19.5% compared with the previous year. In general, imports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2014 with an increase of 11%. Imports peaked at X units in 2012; however, from 2013 to 2016, imports failed to regain momentum.

In value terms, seeder and planter imports reduced modestly to $X in 2016. Overall, imports saw a precipitous setback. The pace of growth was the most pronounced in 2014 when imports increased by 0.6%. Imports peaked at $X in 2012; however, from 2013 to 2016, imports stood at a somewhat lower figure.

Imports by Country

Italy (X units), China (X units) and Germany (X units) were the main suppliers of seeder and planter imports to Turkey, with a combined 86% share of total imports.

From 2012 to 2016, the biggest increases were recorded for China (with a CAGR of +514.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of seeders, planters, transplanters to Turkey, comprising 42% of total imports. The second position in the ranking was taken by China ($X), with a 15% share of total imports. It was followed by the Netherlands, with a 13% share.

From 2012 to 2016, the average annual growth rate of value from Italy stood at -38.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+512.5% per year) and the Netherlands (+128.8% per year).

Import Prices by Country

In 2016, the average seeder and planter import price amounted to $X per unit, increasing by 23% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The import price peaked at $X per unit in 2013; however, from 2014 to 2016, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2016, amid the top importers, the country with the highest price was Spain ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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