Calculating Machines; Non-Electronic Price in Turkey - 2023

Contents:

  1. Calculating Machines; Non-Electronic Price in Turkey (CIF) - 2022
  2. Calculating Machines; Non-Electronic Price in Turkey (FOB) - 2022
  3. Calculating Machines; Non-Electronic Imports in Turkey
  4. Calculating Machines; Non-Electronic Exports in Turkey

Calculating Machines; Non-Electronic Price in Turkey (CIF) - 2022

The average calculating machines; non-electronic import price stood at $0.7 per unit in 2022, waning by -6% against the previous year. In general, the import price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2014 when the average import price increased by 66%. As a result, import price attained the peak level of $1.6 per unit. From 2015 to 2022, the average import prices remained at a 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 -8.1% per year.

Calculating Machines; Non-Electronic Price in Turkey (FOB) - 2022

The average calculating machines; non-electronic export price stood at $4.2 per unit in 2022, picking up by 61% against the previous year. Over the period under review, the export price showed a slight increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 83%. The export price peaked at $7.3 per unit in 2017; however, from 2018 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 North Macedonia ($4.8 per unit), while the average price for exports to Bulgaria ($2.4 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 Lebanon (+51.4%), while the prices for the other major destinations experienced more modest paces of growth.

Calculating Machines; Non-Electronic Imports in Turkey

In 2022, imports of calculating machines; non-electronics into Turkey contracted markedly to 63K units, which is down by -24.1% compared with the year before. Over the period under review, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 130% against the previous year. As a result, imports attained the peak of 83K units, and then fell remarkably in the following year.

In value terms, calculating machines; non-electronic imports dropped rapidly to $42K in 2022. Overall, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 230% against the previous year. As a result, imports attained the peak of $59K, and then shrank rapidly in the following year.

Import of Calculating Machines; Non-Electronic in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China47.217.858.140.4-5.1%
Others3.9N/A0.61.5-27.3%
Total51.117.858.741.9-6.4%

Top Suppliers of Calculating Machines; Non-Electronic to Turkey in 2022:

  1. China (63.1K units)

Calculating Machines; Non-Electronic Exports in Turkey

In 2022, approx. 28K units of calculating machines; non-electronics were exported from Turkey; picking up by 56% against the previous year. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +11.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +86.2% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, calculating machines; non-electronic exports skyrocketed to $118K in 2022. Overall, exports saw a modest increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Calculating Machines; Non-Electronic in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cyprus79.334.120.01018.4%
Israel0.92.50.75.380.6%
Serbia5.48.13.04.1-8.8%
North Macedonia5.21.12.92.0-27.3%
Bulgaria5.82.61.41.1-42.5%
Iraq1.81.31.20.7-27.0%
United KingdomN/A10.0N/AN/A0%
Central African RepublicN/AN/A9.0N/A0%
Greece2.30.91.7N/A-14.0%
Others10.66.36.73.8-29.0%
Total11166.946.61182.1%

Top Export Markets for Calculating Machines; Non-Electronic from Turkey in 2022:

  1. Cyprus (22.6K units)
  2. Israel (1.9K units)
  3. Serbia (1.6K units)
  4. Bulgaria (0.5K units)
  5. North Macedonia (0.4K units)
  6. Iraq (0.3K units)

Source: IndexBox Market Intelligence Platform

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