Price for Book-Binding Machinery; Including Book-Sewing Machines in Turkey - 2023

Contents:

  1. Price for Book-Binding Machinery; Including Book-Sewing Machines in Turkey (CIF) - 2022
  2. Price for Book-Binding Machinery; Including Book-Sewing Machines in Turkey (FOB) - 2022
  3. Imports of Book-Binding Machinery; Including Book-Sewing Machines in Turkey
  4. Exports of Book-Binding Machinery; Including Book-Sewing Machines in Turkey

Price for Book-Binding Machinery; Including Book-Sewing Machines in Turkey (CIF) - 2022

The average import price for book-binding machinery; including book-sewing machineses stood at $137 per unit in 2022, which is down by -19.6% against the previous year. Over the period under review, the import price continues to indicate a pronounced descent. The pace of growth was the most pronounced in 2021 when the average import price increased by 20%. Over the period under review, average import prices reached the peak figure at $189 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($290 per unit), while the price for France ($17 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+2.8%), while the prices for the other major suppliers experienced a decline.

Price for Book-Binding Machinery; Including Book-Sewing Machines in Turkey (FOB) - 2022

The average export price for book-binding machinery; including book-sewing machineses stood at $90 per unit in 2022, waning by -25.7% against the previous year. Overall, the export price recorded a perceptible setback. The growth pace was the most rapid in 2021 when the average export price increased by 41% against the previous year. Over the period under review, the average export prices hit record highs at $124 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($215 per unit), while the average price for exports to Democratic Republic of the Congo ($15 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 Austria (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Book-Binding Machinery; Including Book-Sewing Machines in Turkey

In 2022, after three years of growth, there was significant decline in overseas purchases of book-binding machinery; including book-sewing machineses, when their volume decreased by -14.3% to 43K units. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +10.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 54% against the previous year. As a result, imports attained the peak of 50K units, and then shrank in the following year.

In value terms, book-binding machinery; including book-sewing machines imports reduced remarkably to $5.9M in 2022. In general, imports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 84%. As a result, imports attained the peak of $8.5M, and then shrank notably in the following year.

Import of Book-Binding Machinery; Including Book-Sewing Machines in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,7641,4224,5633,65527.5%
China6119831,17694515.6%
Italy92.682.385155581.6%
Japan491336583320-13.3%
Switzerland53759322664.8-50.6%
United States71.299.741.735.3-20.9%
India79.17544180.4-82.8%
Others2223716622939.7%
Total3,8684,6418,5205,87014.9%

Top Suppliers of Book-Binding Machinery; Including Book-Sewing Machines to Turkey in 2022:

  1. India (undefinedK units)
  2. Germany (29.2K units)
  3. China (8.7K units)
  4. Italy (2.2K units)
  5. Japan (1.1K units)
  6. United States (0.4K units)
  7. Switzerland (0.4K units)

Exports of Book-Binding Machinery; Including Book-Sewing Machines in Turkey

In 2022, approx. 39K units of book-binding machinery; including book-sewing machineses were exported from Turkey; rising by 41% against 2021 figures. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +17.5% over the last three-year period. 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, book-binding machinery; including book-sewing machines exports rose slightly to $3.5M in 2022. Over the period under review, exports saw a resilient increase. The pace of growth was the most pronounced in 2021 when exports increased by 86% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Export of Book-Binding Machinery; Including Book-Sewing Machines in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uzbekistan37.215.45.0469132.7%
United States1059.21.238654.3%
Hong Kong SAR18316258234823.9%
Azerbaijan57.526.912433579.9%
Russia12781.280.125626.3%
AustriaN/A33.687.9147109.2%
Serbia18.2N/A3.810981.6%
Iraq51.054.363.690.321.0%
Romania67.482.96.783.67.4%
Iran22.010853.854.835.6%
Democratic Republic of the CongoN/AN/AN/A40.50%
Egypt34.88.226.538.23.2%
CameroonN/AN/AN/A24.80%
Others1,7321,2292,3281,142-13.0%
Total2,4351,8113,3623,52513.1%

Top Export Markets for Book-Binding Machinery; Including Book-Sewing Machines from Turkey in 2022:

  1. Uzbekistan (11.5K units)
  2. Hong Kong SAR (5.8K units)
  3. Azerbaijan (2.6K units)
  4. Democratic Republic of the Congo (2.6K units)
  5. United States (1.8K units)
  6. Egypt (1.7K units)
  7. Russia (1.4K units)
  8. Romania (1.1K units)
  9. Iraq (1.1K units)
  10. Iran (0.8K units)
  11. Serbia (0.8K units)
  12. Cameroon (0.8K units)
  13. Austria (0.7K units)

Source: IndexBox Market Intelligence Platform

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