Report Update Nov 1, 2024

Turkey - Threading or Tapping Machines for Working Metal - Market Analysis, Forecast, Size, Trends and Insights

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Turkey: Metal Threading Machine Market 2024

Metal Threading Machine Market Size in Turkey

In 2021, the Turkish metal threading machine market increased by 92% to $X, rising for the second consecutive year after two years of decline. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Metal Threading Machine Exports

Exports from Turkey

In 2021, metal threading machine exports from Turkey surged to X units, rising by 69% against 2020 figures. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 148%. Over the period under review, the exports reached the maximum in 2021 and are likely to see steady growth in years to come.

In value terms, metal threading machine exports soared to $X in 2021. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X units), Algeria (X units) and Germany (X units) were the main destinations of metal threading machine exports from Turkey, together comprising 47% of total exports. Poland, Uzbekistan, Russia, Indonesia, Ukraine, Australia, Libya, the UK, Spain and Iraq lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2021, the biggest increases were recorded for Indonesia (with a CAGR of +106.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Algeria ($X), the United States ($X) and Indonesia ($X) constituted the largest markets for metal threading machine exported from Turkey worldwide, together comprising 64% of total exports.

Among the main countries of destination, Indonesia, with a CAGR of +136.1%, 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 2021, the average metal threading machine export price amounted to $X per unit, increasing by 30% against the previous year. Overall, export price indicated resilient growth from 2012 to 2021: its price increased at an average annual rate of +6.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, metal threading machine export price increased by +67.6% against 2017 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Algeria ($X per unit), while the average price for exports to Libya ($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 Indonesia (+14.7%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Threading Machine Imports

Imports into Turkey

In 2021, overseas purchases of threading or tapping machines for working metal increased by 70% to X units, rising for the second year in a row after two years of decline. Overall, imports saw a pronounced expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 78% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, metal threading machine imports skyrocketed to $X in 2021. In general, imports recorded a modest increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Germany (X units) and Japan (X units) were the main suppliers of metal threading machine imports to Turkey, with a combined 75% share of total imports. Taiwan (Chinese), Switzerland, Italy and India lagged somewhat behind, together accounting for a further 17%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Switzerland (with a CAGR of +110.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of threading or tapping machines for working metal to Turkey, comprising 33% of total imports. The second position in the ranking was taken by Germany ($X), with a 16% share of total imports. It was followed by Japan, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +10.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+14.6% per year) and Japan (+31.1% per year).

Import Prices by Country

The average metal threading machine import price stood at $X per unit in 2021, surging by 18% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 22%. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for threading or tapping machines for working metal in the world?

The countries with the highest volumes of metal threading machine consumption in 2020 were the Czech Republic, Taiwan Chinese) and Bulgaria, with a combined 41% share of global consumption.

What are the largest producers of threading or tapping machines for working metal in the world?

China constituted the country with the largest volume of metal threading machine production, comprising approx. 39% of total volume. Moreover, metal threading machine production in China exceeded the figures recorded by the second-largest producer, Taiwan Chinese), twofold. The third position in this ranking was occupied by South Korea, with a 11% share.

What are the leading suppliers of threading or tapping machines for working metal to Turkey?

In value terms, China constituted the largest supplier of metal threading machine to Turkey, comprising 25% of total imports. The second position in the ranking was occupied by Hong Kong SAR, with a 11% share of total imports. It was followed by Germany, with a 9.9% share.

What are the leading importers of threading or tapping machines for working metal from Turkey?

In value terms, the U.S. remains the key foreign market for metal threading machine exports from Turkey, comprising 46% of total exports. The second position in the ranking was occupied by Uzbekistan, with a 11% share of total exports. It was followed by Israel, with a 7% share.

What is the average export price for threading or tapping machines for working metal in Turkey?

In 2020, the average metal threading machine export price amounted to $7,655 per unit, with an increase of 71% against the previous year.

What is the average import price for threading or tapping machines for working metal in Turkey?

In 2020, the average metal threading machine import price amounted to $1,528 per unit, growing by 94% against the previous year.

This report provides an in-depth analysis of the metal threading 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 28412280 - Threading or tapping machines for working metal (excluding drilling machines)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023