Price for Machinery; Parts of the Machinery of Heading No. 8427 in Turkey - 2023
Contents:
- Price for Machinery; Parts of the Machinery of Heading No. 8427 in Turkey (FOB) - 2023
- Price for Machinery; Parts of the Machinery of Heading No. 8427 in Turkey (CIF) - 2022
- Exports of Machinery; Parts of the Machinery of Heading No. 8427 in Turkey
- Imports of Machinery; Parts of the Machinery of Heading No. 8427 in Turkey
Price for Machinery; Parts of the Machinery of Heading No. 8427 in Turkey (FOB) - 2023
In November 2023, the average export price for machinery; parts of the machinery of heading no. 8427 amounted to $4,482 per ton, flattening at the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in March 2023 an increase of 11% against the previous month. As a result, the export price reached the peak level of $5,363 per ton. From April 2023 to November 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Russia ($9,855 per ton), while the average price for exports to the United States ($2,544 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Machinery; Parts of the Machinery of Heading No. 8427 in Turkey (CIF) - 2022
In 2022, the average import price for machinery; parts of the machinery of heading no. 8427 amounted to $4,945 per ton, remaining relatively unchanged against the previous year. Overall, the import price showed a noticeable descent. The pace of growth was the most pronounced in 2013 an increase of 21%. As a result, import price attained the peak level of $9,497 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($11,684 per ton), while the price for China ($2,517 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Machinery; Parts of the Machinery of Heading No. 8427 in Turkey
For the fourth consecutive year, Turkey recorded growth in overseas shipments of machinery; parts of the machinery of heading no. 8427, which increased by 26% to 8.5K tons in 2022. In general, exports posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 83% against the previous year. Over the period under review, the exports of machinery; parts of machinery of heading no. 8427 hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, exports of machinery; parts of the machinery of heading no. 8427 skyrocketed to $39M in 2022. Over the period under review, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 81% against the previous year. Over the period under review, the exports of machinery; parts of machinery of heading no. 8427 reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Machinery; Parts of the Machinery of Heading No. 8427 in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.3 | 6.8 | 11.0 | 11.8 | 30.6% |
| Romania | 0.1 | 0.8 | 5.0 | 10.2 | 367.2% |
| Sweden | 3.1 | 1.9 | 2.8 | 4.1 | 9.8% |
| France | 1.0 | 1.6 | 3.5 | 3.6 | 53.3% |
| Belgium | 0.4 | 0.6 | 1.0 | 1.9 | 68.1% |
| Poland | 0.3 | 0.3 | 0.6 | 1.4 | 67.1% |
| Czech Republic | 1.6 | 1.6 | 1.8 | 1.1 | -11.7% |
| Others | 3.6 | 3.1 | 4.6 | 5.0 | 11.6% |
| Total | 15.4 | 16.7 | 30.2 | 39.1 | 36.4% |
Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8427 from Turkey in 2022:
- Romania (3.4K tons)
- Germany (2.0K tons)
- France (0.9K tons)
- Sweden (0.7K tons)
- Belgium (0.3K tons)
- Czech Republic (0.2K tons)
- Poland (0.2K tons)
Imports of Machinery; Parts of the Machinery of Heading No. 8427 in Turkey
For the fourth year in a row, Turkey recorded growth in overseas purchases of machinery; parts of the machinery of heading no. 8427, which increased by 36% to 6.3K tons in 2022. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 70%. Over the period under review, imports of machinery; parts of machinery of heading no. 8427 attained the maximum in 2022 and are likely to continue growth in the near future.
In value terms, imports of machinery; parts of the machinery of heading no. 8427 surged to $31M in 2022. In general, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 57% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Machinery; Parts of the Machinery of Heading No. 8427 in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.3 | 2.8 | 7.7 | 11.6 | 71.5% |
| Germany | 4.0 | 4.3 | 5.6 | 6.9 | 19.9% |
| Italy | 2.9 | 2.8 | 4.8 | 5.9 | 26.7% |
| France | 0.6 | 0.7 | 0.8 | 1.0 | 18.6% |
| Others | 2.9 | 4.2 | 4.5 | 5.8 | 26.0% |
| Total | 12.6 | 14.8 | 23.3 | 31.3 | 35.4% |
Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8427 to Turkey in 2022:
- China (4.6K tons)
- Germany (0.7K tons)
- Italy (0.5K tons)
- France (0.1K tons)
479
This report provides an in-depth analysis of the construction equipment blade market in Turkey.
322
This report provides an in-depth analysis of the market for ship derrick buckets and shovels in Turkey.
430
This report provides an in-depth analysis of the colloidal precious metals market in Turkey.
516
This report provides an in-depth analysis of the global construction equipment blade market.
506
This report provides an in-depth analysis of the global market for ship derrick buckets and shovels.
548
This report provides an in-depth analysis of the global colloidal precious metals market.
479
This report provides an in-depth analysis of the construction equipment blade market in Turkey.
322
This report provides an in-depth analysis of the market for ship derrick buckets and shovels in Turkey.
516
This report provides an in-depth analysis of the global construction equipment blade market.
506
This report provides an in-depth analysis of the global market for ship derrick buckets and shovels.
348
Explore the top import markets for colloidal precious metals across the world, including India, Mexico, Germany, and more. Learn about the import values, key statistics, and market trends. Dive into the market intelligence provided by IndexBox for informed decision-making.
1990
In value terms, colloidal precious metals imports stood at $X in 2016. In general, colloidal precious metals imports continue to indicate a pronounced decrease. Over the period under review, global...
1476
In value terms, colloidal precious metals exports amounted to $X in 2016. In general, colloidal precious metals exports continue to indicate a significant slump. Global colloidal precious metals ex...
